Block 242 Hougang Street 22
Block 242 Hougang Street 22 has 35 recorded HDB resale transactions since 2017. Latest sale: $440,000 (Feb 2025, 3 room, floors 07–09). Median $4,134/sqm. Prices up 42.9% over the past five years. Built 1984, 58 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,450 typically $2,250–$2,500 | 6.7% | 6 rentals here |
| 4-Room | $3,200 typically $3,000–$3,500 | 6.1% | Hougang avg · block too thin |
No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Feb 2025 | 07 TO 09 | 3 ROOM | 71 sqm | $440,000 | $6,197 |
| Aug 2024 | 04 TO 06 | 4 ROOM | 93 sqm | $503,000 | $5,409 |
| Aug 2024 | 10 TO 12 | 4 ROOM | 92 sqm | $560,000 | $6,087 |
| Mar 2024 | 07 TO 09 | 3 ROOM | 67 sqm | $368,888 | $5,506 |
| Jul 2023 | 04 TO 06 | 4 ROOM | 92 sqm | $460,000 | $5,000 |
| Jan 2023 | 01 TO 03 | 3 ROOM | 72 sqm | $340,000 | $4,722 |
| Dec 2022 | 07 TO 09 | 3 ROOM | 71 sqm | $380,000 | $5,352 |
| Dec 2022 | 10 TO 12 | 4 ROOM | 92 sqm | $455,000 | $4,946 |
| Sep 2022 | 07 TO 09 | 3 ROOM | 71 sqm | $330,000 | $4,648 |
| Jul 2022 | 10 TO 12 | 3 ROOM | 67 sqm | $395,000 | $5,896 |
| Feb 2022 | 01 TO 03 | 3 ROOM | 72 sqm | $310,000 | $4,306 |
| Feb 2022 | 10 TO 12 | 3 ROOM | 67 sqm | $315,888 | $4,715 |
| Jan 2022 | 10 TO 12 | 3 ROOM | 67 sqm | $350,000 | $5,224 |
| Dec 2021 | 07 TO 09 | 3 ROOM | 67 sqm | $325,000 | $4,851 |
| Aug 2021 | 04 TO 06 | 3 ROOM | 67 sqm | $316,000 | $4,716 |
| May 2021 | 10 TO 12 | 3 ROOM | 67 sqm | $308,000 | $4,597 |
| Apr 2021 | 01 TO 03 | 4 ROOM | 96 sqm | $388,000 | $4,042 |
| Mar 2021 | 01 TO 03 | 4 ROOM | 96 sqm | $350,000 | $3,646 |
| Feb 2021 | 01 TO 03 | 3 ROOM | 67 sqm | $273,000 | $4,075 |
| Feb 2021 | 01 TO 03 | 3 ROOM | 67 sqm | $277,000 | $4,134 |
About Block 242 Hougang Street 22
Block 242 at Hougang Street 22 is a residential HDB block in Hougang, Singapore, built in 1984 with approximately 58 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $258,000 to $560,000 based on 35 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $440,000 in 2025-02. The current median price per square metre is $4,134. Over the past five years, resale prices at this block have increased by approximately 42.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8675, with an annual lease decay rate of approximately 0.53%. 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 242 Hougang Street 22 worth?
The most recent resale transaction at Block 242 Hougang Street 22 was $440,000 for a 3 room flat in 2025-02. The median price per square metre across all flat types is $4,134, based on 35 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 242 Hougang Street 22?
Block 242 Hougang Street 22 was built in 1984 and has approximately 58 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.
What flat types are available at Block 242 Hougang Street 22?
Block 242 Hougang Street 22 in Hougang contains 3 room, 4 room flats. Resale prices range from $258,000 to $560,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 242 Hougang Street 22 gone up or down?
Resale prices at Block 242 Hougang Street 22 have increased by approximately 42.9% over the past five years. The current median price is $340,000, with the most recent sale at $440,000 in 2025-02.