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Block 423 Hougang Avenue 6

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$662,888
Jul 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$4,648
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
▲ +35.8%
Median price change
Median Price ?
Top 35%
#204 / 579 Top 35%
Latest Sale ?
Top 40%
#234 / 579 Top 40%
Value ($/sqm) ?
Top 59%
#339 / 579 Top 59%
5-Year Growth ?
Top 59%
#225 / 380 Top 59%
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
+6.3%/yr
vs
Lease Decay
−0.45%/yr
Growth assumption
Based on this block’s +35.8% 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 63 years remaining 99 years
63 years 5 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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
Jul 2025 07 TO 09 4 ROOM 94 sqm $662,888 $7,052
Aug 2024 04 TO 06 4 ROOM 109 sqm $650,000 $5,963
Feb 2024 04 TO 06 4 ROOM 103 sqm $590,000 $5,728
Jul 2022 07 TO 09 4 ROOM 105 sqm $550,000 $5,238
Apr 2022 04 TO 06 4 ROOM 113 sqm $530,000 $4,690
Dec 2021 01 TO 03 4 ROOM 105 sqm $488,000 $4,648
Jul 2021 07 TO 09 5 ROOM 123 sqm $555,000 $4,512
Jun 2020 04 TO 06 4 ROOM 105 sqm $428,000 $4,076
Jul 2018 07 TO 09 4 ROOM 94 sqm $368,000 $3,915
Jun 2018 07 TO 09 4 ROOM 110 sqm $465,000 $4,227
Jun 2018 07 TO 09 4 ROOM 110 sqm $498,000 $4,527
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 423 Hougang Avenue 6

Block 423 at Hougang Avenue 6 is a residential HDB block in Hougang, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $368,000 to $662,888 based on 11 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $662,888 in 2025-07. The current median price per square metre is $4,648. Over the past five years, resale prices at this block have increased by approximately 35.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8871, with an annual lease decay rate of approximately 0.45%. 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 423 Hougang Avenue 6 worth?

The most recent resale transaction at Block 423 Hougang Avenue 6 was $662,888 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $4,648, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 423 Hougang Avenue 6?

Block 423 Hougang Avenue 6 was built in 1989 and has approximately 63 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 423 Hougang Avenue 6?

Block 423 Hougang Avenue 6 in Hougang contains 4 room, 5 room flats. Resale prices range from $368,000 to $662,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 423 Hougang Avenue 6 gone up or down?

Resale prices at Block 423 Hougang Avenue 6 have increased by approximately 35.8% over the past five years. The current median price is $530,000, with the most recent sale at $662,888 in 2025-07.

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