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HDB · 530923

Blk 923 Hougang Ave 9

Project page · 99-year lease from 1998

Indicative value range
S$717,079 – S$760,770
Indicative mid S$742,342 · S$6,186 psm

Based on 14 sales in this street, last 12 months. Search widened 1 of 3 steps to find enough comparable sales. 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
Oct 2026Blk 95504 TO 06116 sqmS$745,000S$6,422 psm×1.000S$6,422 psm
Oct 2026Blk 96604 TO 06115 sqmS$685,000S$5,957 psm×1.000S$5,957 psm
Jul 2026Blk 96416 TO 18121 sqmS$798,000S$6,595 psm×1.000S$6,595 psm
Jul 2026Blk 96310 TO 12121 sqmS$750,888S$6,206 psm×1.000S$6,206 psm
Jul 2026Blk 92413 TO 15120 sqmS$752,000S$6,267 psm×1.000S$6,267 psm
Jul 2026Blk 91813 TO 15120 sqmS$795,000S$6,625 psm×1.000S$6,625 psm
Jun 2026Blk 95407 TO 09121 sqmS$730,000S$6,033 psm×1.000S$6,033 psm
May 2026Blk 95510 TO 12116 sqmS$670,000S$5,776 psm×1.000S$5,776 psm
May 2026Blk 91804 TO 06120 sqmS$738,888S$6,157 psm×1.000S$6,157 psm
Apr 2026Blk 96610 TO 12115 sqmS$680,000S$5,913 psm×1.000S$5,913 psm
Apr 2026Blk 96407 TO 09121 sqmS$758,888S$6,272 psm×1.000S$6,272 psm
Apr 2026Blk 92301 TO 03120 sqmS$740,000S$6,167 psm×1.000S$6,167 psm
Mar 2026Blk 96604 TO 06116 sqmS$675,000S$5,819 psm×0.997S$5,802 psm
Dec 2025Blk 95313 TO 15121 sqmS$772,888S$6,388 psm×0.996S$6,362 psm

How accurate is this estimate for Hougang Ave 9?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 45 sales in Hougang Ave 9 since.

Median error
2.4%

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.

5.50% gross yield

S$40,800 of rent a year against the estimate above · 0.58 points below flats like it

Homes like this rent for about S$3,400 a month, the middle of 35 approvals in the last year.

Across Singapore, flats of this type with 70 to 79 years of lease left yield 6.08%, from 120 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 20269555 ROOMS$3,500
Sept 20269545 ROOMS$3,300
Aug 20269625 ROOMS$3,200
Jul 20269245 ROOMS$3,400
Jul 20269235 ROOMS$3,350
Jul 20269625 ROOMS$3,300
Jun 20269625 ROOMS$3,450
May 20269175 ROOMS$3,800

median of 35 HDB rental approvals for 5 ROOM on Hougang Ave 9 since 2025-10.

Buying or selling at S$742,342?

Buying: Stamp duty on S$742,342 · Cash and CPF needed on S$742,342 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$742,342.

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

Primary schools near 923 Hougang Ave 9

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
Jul 2026
Blk 923 · 4 ROOM · 10 TO 12 · Model A · 71 years left
100 sqmS$630,000S$6,300 psm
Apr 2026
Blk 923 · 5 ROOM · 01 TO 03 · Improved · 71 years left
120 sqmS$740,000S$6,167 psm
Sept 2025
Blk 923 · 5 ROOM · 10 TO 12 · Improved · 71 years left
120 sqmS$770,000S$6,417 psm
Aug 2025
Blk 923 · 5 ROOM · 04 TO 06 · Improved · 72 years left
120 sqmS$725,000S$6,042 psm
Mar 2025
Blk 923 · 4 ROOM · 01 TO 03 · Model A · 72 years left
100 sqmS$600,000S$6,000 psm
Dec 2024
Blk 923 · 5 ROOM · 01 TO 03 · Improved · 72 years left
120 sqmS$680,000S$5,667 psm
Aug 2024
Blk 923 · 4 ROOM · 07 TO 09 · Model A · 73 years left
100 sqmS$580,000S$5,800 psm
Jun 2024
Blk 923 · 5 ROOM · 07 TO 09 · Improved · 73 years left
120 sqmS$748,888S$6,241 psm
Jan 2024
Blk 923 · 4 ROOM · 07 TO 09 · Model A · 73 years left
100 sqmS$553,000S$5,530 psm
Aug 2023
Blk 923 · 5 ROOM · 07 TO 09 · Improved · 74 years left
120 sqmS$675,000S$5,625 psm
Aug 2023
Blk 923 · 5 ROOM · 01 TO 03 · Improved · 74 years left
120 sqmS$600,000S$5,000 psm
Apr 2023
Blk 923 · 4 ROOM · 13 TO 15 · Model A · 74 years left
100 sqmS$538,000S$5,380 psm
Nov 2022
Blk 923 · 5 ROOM · 13 TO 15 · Improved · 74 years left
120 sqmS$640,000S$5,333 psm
Apr 2022
Blk 923 · 5 ROOM · 10 TO 12 · Improved · 75 years left
120 sqmS$588,000S$4,900 psm
See more

Showing 14 of 55.

Sale prices as filed in caveats.

Where the lease takes this

About 70 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 years65 yearsS$712,134S$786,254S$851,528S$866,420
10 years60 yearsS$689,900S$840,984S$986,416S$1,021,220
20 years50 yearsS$635,390S$944,156S$1,298,939S$1,392,218

On a flat market the lease alone costs 14% over 20 years. Prices would need to rise about 0.78% 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.