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Block 323 Hougang Avenue 5

3 Room · 4 Room · Built 1982 · 56 years remaining lease MOP Cleared
Latest Sale
$420,000
Aug 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$3,833
Based on 4 transactions
Total Transactions
4
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 94%
#544 / 579 Top 94%
Latest Sale ?
Top 93%
#540 / 579 Top 93%
Value ($/sqm) ?
Top 99%
#571 / 579 Top 99%
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
+3%/yr
vs
Lease Decay
−0.59%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 3 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
Aug 2025 01 TO 03 3 ROOM 67 sqm $420,000 $6,269
Sep 2018 01 TO 03 4 ROOM 92 sqm $338,000 $3,674
Jun 2018 01 TO 03 3 ROOM 67 sqm $266,000 $3,970
Apr 2017 01 TO 03 4 ROOM 92 sqm $340,000 $3,696
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 323 Hougang Avenue 5

Block 323 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 $420,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $420,000 in 2025-08. The current median price per square metre is $3,833. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8556, 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 323 Hougang Avenue 5 worth?

The most recent resale transaction at Block 323 Hougang Avenue 5 was $420,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $3,833, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 323 Hougang Avenue 5?

Block 323 Hougang Avenue 5 was built in 1982 and has approximately 56 years and 3 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 323 Hougang Avenue 5?

Block 323 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $266,000 to $420,000 based on historical transaction records from data.gov.sg.

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