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Block 318 Hougang Avenue 5

3 Room · 4 Room · Built 1982 · 56 years remaining lease MOP Cleared
Latest Sale
$415,000
Nov 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,790
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
▲ +53.2%
Median price change
Median Price ?
Top 93%
#539 / 579 Top 93%
Latest Sale ?
Top 94%
#547 / 579 Top 94%
Value ($/sqm) ?
Top 51%
#298 / 579 Top 51%
5-Year Growth ?
Top 7%
#26 / 380 Top 7%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+8.9%/yr
vs
Lease Decay
−0.59%/yr
Growth assumption
Based on this block’s +53.2% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 56 years remaining 99 years
56 years 2 months
Remaining lease
↓ 0.59%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.59%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2025 01 TO 03 3 ROOM 67 sqm $415,000 $6,194
Jul 2025 01 TO 03 3 ROOM 72 sqm $400,000 $5,556
Apr 2024 01 TO 03 4 ROOM 92 sqm $475,000 $5,163
Jan 2021 04 TO 06 3 ROOM 67 sqm $266,000 $3,970
Oct 2018 04 TO 06 3 ROOM 67 sqm $296,000 $4,418
Sep 2018 01 TO 03 3 ROOM 72 sqm $290,000 $4,028
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 318 Hougang Avenue 5

Block 318 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1982 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $266,000 to $475,000 based on 6 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $415,000 in 2025-11. The current median price per square metre is $4,790. Over the past five years, resale prices at this block have increased by approximately 53.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8552, with an annual lease decay rate of approximately 0.59%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 318 Hougang Avenue 5 worth?

The most recent resale transaction at Block 318 Hougang Avenue 5 was $415,000 for a 3 room flat in 2025-11. The median price per square metre across all flat types is $4,790, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 318 Hougang Avenue 5?

Block 318 Hougang Avenue 5 was built in 1982 and has approximately 56 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.

What flat types are available at Block 318 Hougang Avenue 5?

Block 318 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $266,000 to $475,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 318 Hougang Avenue 5 gone up or down?

Resale prices at Block 318 Hougang Avenue 5 have increased by approximately 53.2% over the past five years. The current median price is $348,000, with the most recent sale at $415,000 in 2025-11.

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