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Block 923 Hougang Avenue 9

4 Room · 5 Room · Built 1998 · 70 years remaining lease · Updated Apr 2026 MOP Cleared

Block 923 Hougang Avenue 9 has 21 recorded HDB resale transactions since 2017. Latest sale: $740,000 (Apr 2026, 5 room, floors 01–03). Median $5,333/sqm. Prices up 37.3% over the past five years. Built 1998, 70 years lease remaining.

Latest Sale
$740,000
Apr 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$5,333
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +37.3%
Median price change
Median Price ?
Top 27%
#156 / 580 Top 27%
Latest Sale ?
Top 26%
#148 / 580 Top 26%
Value ($/sqm) ?
Top 25%
#146 / 580 Top 25%
5-Year Growth ?
Top 53%
#206 / 391 Top 53%
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
+6.5%/yr
vs
Lease Decay
−0.34%/yr
Growth assumption
Based on this block’s +37.3% 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 70 years remaining 99 years
70 years 10 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,000–$3,500 6.1% Hougang avg · block too thin
5-Room $3,450 typically $3,200–$3,600 5.4% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 01 TO 03 5 ROOM 120 sqm $740,000 $6,167
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
Showing 20 of 21 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 70 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 21 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $740,000 in 2026-04. The current median price per square metre is $5,333. Over the past five years, resale prices at this block have increased by approximately 37.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9126, with an annual lease decay rate of approximately 0.34%. 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 $740,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,333, based on 21 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 70 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% 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 37.3% over the past five years. The current median price is $580,000, with the most recent sale at $740,000 in 2026-04.

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