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Block 923 Hougang Avenue 9

4 Room · 5 Room · Built 1998 · 71 years remaining lease MOP Cleared
Latest Sale
$770,000
Sep 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$5,167
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +38.7%
Median price change
Median Price ?
Top 28%
#164 / 579 Top 28%
Latest Sale ?
Top 23%
#133 / 579 Top 23%
Value ($/sqm) ?
Top 29%
#170 / 579 Top 29%
5-Year Growth ?
Top 48%
#182 / 380 Top 48%
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
+6.8%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +38.7% 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 71 years remaining 99 years
71 years 5 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/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
Sep 2025 10 TO 12 5 ROOM 120 sqm $770,000 $6,417
Aug 2025 04 TO 06 5 ROOM 120 sqm $725,000 $6,042
Mar 2025 01 TO 03 4 ROOM 100 sqm $600,000 $6,000
Dec 2024 01 TO 03 5 ROOM 120 sqm $680,000 $5,667
Aug 2024 07 TO 09 4 ROOM 100 sqm $580,000 $5,800
Jun 2024 07 TO 09 5 ROOM 120 sqm $748,888 $6,241
Jan 2024 07 TO 09 4 ROOM 100 sqm $553,000 $5,530
Aug 2023 01 TO 03 5 ROOM 120 sqm $600,000 $5,000
Aug 2023 07 TO 09 5 ROOM 120 sqm $675,000 $5,625
Apr 2023 13 TO 15 4 ROOM 100 sqm $538,000 $5,380
Nov 2022 13 TO 15 5 ROOM 120 sqm $640,000 $5,333
Apr 2022 10 TO 12 5 ROOM 120 sqm $588,000 $4,900
Aug 2021 04 TO 06 5 ROOM 120 sqm $522,000 $4,350
Aug 2021 04 TO 06 5 ROOM 120 sqm $556,000 $4,633
Feb 2020 10 TO 12 4 ROOM 101 sqm $406,000 $4,020
May 2019 10 TO 12 5 ROOM 120 sqm $460,000 $3,833
Nov 2018 07 TO 09 4 ROOM 100 sqm $400,000 $4,000
Sep 2018 07 TO 09 4 ROOM 100 sqm $405,000 $4,050
Apr 2018 01 TO 03 4 ROOM 100 sqm $367,000 $3,670
Nov 2017 07 TO 09 4 ROOM 100 sqm $378,000 $3,780
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 923 Hougang Avenue 9

Block 923 at Hougang Avenue 9 is a residential HDB block in Hougang, Singapore, built in 1998 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $367,000 to $770,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $770,000 in 2025-09. The current median price per square metre is $5,167. Over the past five years, resale prices at this block have increased by approximately 38.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9143, with an annual lease decay rate of approximately 0.33%. 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 923 Hougang Avenue 9 worth?

The most recent resale transaction at Block 923 Hougang Avenue 9 was $770,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $5,167, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 923 Hougang Avenue 9?

Block 923 Hougang Avenue 9 was built in 1998 and has approximately 71 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 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 923 Hougang Avenue 9?

Block 923 Hougang Avenue 9 in Hougang contains 4 room, 5 room flats. Resale prices range from $367,000 to $770,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 923 Hougang Avenue 9 gone up or down?

Resale prices at Block 923 Hougang Avenue 9 have increased by approximately 38.7% over the past five years. The current median price is $568,000, with the most recent sale at $770,000 in 2025-09.

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