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HDB · 530023

Blk 23 Hougang Ave 3

Project page · 99-year lease from 1978

Indicative value range
S$421,339 – S$425,933
Indicative mid S$424,000 · S$5,808 psm

Based on 4 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Aug 2026Blk 2307 TO 0973 sqmS$423,000S$5,795 psm×1.000S$5,795 psm
Jun 2026Blk 2310 TO 1273 sqmS$425,000S$5,822 psm×1.000S$5,822 psm
Feb 2026Blk 2310 TO 1273 sqmS$430,000S$5,890 psm×0.997S$5,873 psm
Dec 2025Blk 2301 TO 0373 sqmS$418,000S$5,726 psm×0.996S$5,704 psm

How accurate is this estimate for Hougang Ave 3?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 53 sales in Hougang Ave 3 since.

Median error
5.2%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

7.36% gross yield

S$31,200 of rent a year against the estimate above · 0.45 points below flats like it

Homes like this rent for about S$2,600 a month, the middle of 77 approvals in the last year.

Across Singapore, flats of this type with 50 to 59 years of lease left yield 7.81%, from 313 blocks. This town has too few such blocks to measure on its own.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Sept 2026203 ROOMS$3,200
Sept 2026203 ROOMS$2,900
Sept 202663 ROOMS$2,500
Sept 2026173 ROOMS$2,400
Aug 202623 ROOMS$2,700
Aug 20262483 ROOMS$2,600
Jul 2026213 ROOMS$3,100
Jul 2026243 ROOMS$3,000

median of 77 HDB rental approvals for 3 ROOM on Hougang Ave 3 since 2025-10.

Buying or selling at S$424,000?

Buying: Stamp duty on S$424,000 · Cash and CPF needed on S$424,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$424,000.

Each opens with this figure filled in; change anything there.

Primary schools near 23 Hougang Ave 3

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Sept 2026
Blk 23 · 3 ROOM · 07 TO 09 · New Generation · 51 years left
excluded: outlier
73 sqmS$370,000S$5,068 psm
Aug 2026
Blk 23 · 3 ROOM · 07 TO 09 · New Generation · 51 years left
73 sqmS$423,000S$5,795 psm
Jun 2026
Blk 23 · 3 ROOM · 10 TO 12 · New Generation · 51 years left
73 sqmS$425,000S$5,822 psm
Feb 2026
Blk 23 · 3 ROOM · 10 TO 12 · New Generation · 51 years left
73 sqmS$430,000S$5,890 psm
Feb 2026
Blk 23 · 3 ROOM · 10 TO 12 · New Generation · 51 years left
88 sqmS$450,000S$5,114 psm
Dec 2025
Blk 23 · 3 ROOM · 01 TO 03 · New Generation · 52 years left
73 sqmS$418,000S$5,726 psm
Aug 2025
Blk 23 · 3 ROOM · 01 TO 03 · New Generation · 52 years left
73 sqmS$415,000S$5,685 psm
Aug 2025
Blk 23 · 3 ROOM · 10 TO 12 · New Generation · 52 years left
73 sqmS$430,000S$5,890 psm
Jun 2025
Blk 23 · 3 ROOM · 01 TO 03 · New Generation · 52 years left
73 sqmS$410,000S$5,616 psm
Apr 2025
Blk 23 · 3 ROOM · 07 TO 09 · New Generation · 52 years left
73 sqmS$420,000S$5,753 psm
Nov 2023
Blk 23 · 3 ROOM · 01 TO 03 · New Generation · 54 years left
73 sqmS$369,000S$5,055 psm
Jul 2023
Blk 23 · 4 ROOM · 07 TO 09 · New Generation · 54 years left
98 sqmS$440,888S$4,499 psm
Jul 2023
Blk 23 · 3 ROOM · 07 TO 09 · New Generation · 54 years left
73 sqmS$405,000S$5,548 psm
Feb 2023
Blk 23 · 3 ROOM · 10 TO 12 · New Generation · 54 years left
73 sqmS$368,888S$5,053 psm
Nov 2022
Blk 23 · 3 ROOM · 01 TO 03 · New Generation · 55 years left
73 sqmS$360,000S$4,932 psm
Aug 2022
Blk 23 · 3 ROOM · 01 TO 03 · New Generation · 55 years left
73 sqmS$333,888S$4,574 psm
Jul 2022
Blk 23 · 3 ROOM · 04 TO 06 · New Generation · 55 years left
73 sqmS$360,000S$4,932 psm
May 2022
Blk 23 · 3 ROOM · 04 TO 06 · New Generation · 55 years left
73 sqmS$350,000S$4,795 psm
Jan 2022
Blk 23 · 4 ROOM · 01 TO 03 · New Generation · 55 years left
98 sqmS$400,000S$4,082 psm
See more

Showing 19 of 85.

Sale prices as filed in caveats.

Where the lease takes this

About 50 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years45 yearsS$402,642S$444,550S$481,456S$489,876
10 years40 yearsS$379,187S$462,226S$542,160S$561,289

On a flat market the lease alone costs 11% over 10 years. Prices would need to rise about 1.12% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.