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Hougang 5-room resale prices in 2023

Sales with a contract date in 2023 · single-unit sales only

What did 5-room flats in Hougang sell for in 2023?

Median price in 2023
S$668,000S$622,500 – S$745,000

25th to 75th percentile · S$5,531 psm median (S$5,244 psm – S$6,227 psm) · from 271 recorded sales

271 recorded sales of Hougang 5-room flats in 2023 had a median price of S$668,000 (25th to 75th percentile S$622,500 to S$745,000) and a median S$5,531 psm (S$5,244 psm to S$6,227 psm). Latest recorded sale Dec 2023. Indicative, from recorded HDB resale prices.

Against 2022 (239 sales, median S$618,000 and S$5,109 psm), the median price is +8.1% and the median psm +8.3%. That compares the medians of what happened to sell in each year, not a price index: a different mix of units moves it too.

Highest and lowest sale in 2023

HighestS$958,000 · 140 sqm · S$6,843 psmFeb 2023 · floor 7 to 9Blk 231 Hougang St 21
LowestS$518,000 · 110 sqm · S$4,709 psmJun 2023 · floor 1 to 3Blk 978c Buangkok Cres

Median psm by quarter, 2023

QuarterSalesMedian25th to 75th percentile
Q1 202360S$5,415 psmS$5,129 psm – S$6,144 psm
Q2 202380S$5,588 psmS$5,320 psm – S$6,270 psm
Q3 202368S$5,638 psmS$5,279 psm – S$6,250 psm
Q4 202363S$5,492 psmS$5,301 psm – S$5,940 psm

How this is worked out

Every figure is HDB resales of this flat type in the town, from 2017 with a contract date in the calendar year, leaving out sales flagged at ingest as unrepresentative (such as related-party and bulk transfers) and any caveat filed for several units together. A year is published only with at least 10 such sales; the current year is published as it stands, so far. The previous-year change is given only when that year also has enough sales of its own, and is left out where the records begin inside that previous year, so a whole year is never set against a few months.