Blk 232 Hougang Ave 1
HOUGANG AVE 1 · HOUGANG · Singapore 530232 · D19
Median PSF · 12m
S$603
Median price · 12m
S$673K
Latest sale
S$690K
Sep 2026
1-year change
+9.2%
Sales · 12m
8
111 all time
Gross yield
5.91%
7 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +18.0%
- Annualised
- +9.9%
- Transactions
- 30
- 1 year
- +9.2%
- 3 years p.a.
- +8.4%
- 5 years p.a.
- +7.5%
- Median size
- 1,119 sqft
Against the neighbourhood
How it compares within D19
Serangoon Gardens, Hougang, Punggol, Sengkang. All figures are medians over the last 12 months for HDB flats in this district.
| Measure | Blk 232 Hougang Ave 1 | D19 median | Difference |
|---|---|---|---|
| Median PSF | S$603 | S$641 | -6.0% |
| Median price | S$673K | S$660K | +1.9% |
| Gross rental yield | 5.91% | 5.83% | +0.1 pts |
| 1-year price change | +9.2% | +0.2% | +9.0 pts |
This development trades about 6% below the D19 median price per square foot.
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$3,300
Contracts · 12m
7
Implied annual rent
S$40K
Gross yield
5.91%
| Unit type | Contracts | Median rent |
|---|---|---|
| 4 ROOM | 7 | S$3,300 |
Investment analysis
Investment score 60 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
60/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Price momentumweight 18%95
Three-year annualised change in median PSF, or one year where three is unavailable.
- Liquidityweight 15%76
Transactions in the last 12 months — how easily it trades.
- Valuationweight 22%59
How its median price per square foot compares with its own district.
- Locationweight 15%46
Distance to the nearest rail station, plus schools within 1 km. Nearest is Kovan MRT at 440 m.
- Supply riskweight 10%41
Upcoming units recorded in the same district. Higher score means less competing supply.
- Rental yieldweight 20%38
Gross yield against every other development in its segment.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Kovan MRT440 m
- Defu MRT1.3 km
- Hougang Interchange MRT1.4 km
- Hougang MRT1.5 km
Schools within 2 km
- Xinghua Primary Schoolprimary230 m
- Yuying Secondary Schoolsecondary (s1-s5)240 m
- Anderson Serangoon Junior Collegejunior college740 m
- Paya Lebar Methodist Girls' School (Secondary)secondary (s1-s5)920 m
- Paya Lebar Methodist Girls' School (Primary)primary1.1 km
- Holy Innocents' Primary Schoolprimary1.1 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- JANSEN HOUSEMequity GS Pte Ltd21 units1.3 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Sep 2026 | 4 ROOM | S$690,000 | 1,119 sqft | S$616 | 10 TO 12 | 57 yr 3 mo |
| Sep 2026 | 4 ROOM | S$690,000 | 1,119 sqft | S$616 | 10 TO 12 | 57 yr 3 mo |
| Jul 2026 | 4 ROOM | S$675,000 | 1,119 sqft | S$603 | 07 TO 09 | 57 yr 5 mo |
| Jul 2026 | 4 ROOM | S$675,000 | 1,119 sqft | S$603 | 07 TO 09 | 57 yr 5 mo |
| Jul 2026 | 4 ROOM | S$670,000 | 1,119 sqft | S$599 | 10 TO 12 | 57 yr 5 mo |
| Jul 2026 | 4 ROOM | S$670,000 | 1,119 sqft | S$599 | 10 TO 12 | 57 yr 5 mo |
| Jul 2026 | 4 ROOM | S$620,000 | 1,119 sqft | S$554 | 04 TO 06 | 57 yr 4 mo |
| Jul 2026 | 4 ROOM | S$620,000 | 1,119 sqft | S$554 | 04 TO 06 | 57 yr 4 mo |
| May 2025 | 4 ROOM | S$500,000 | 1,119 sqft | S$447 | 07 TO 09 | 58 yr 7 mo |
| May 2025 | 4 ROOM | S$500,000 | 1,119 sqft | S$447 | 07 TO 09 | 58 yr 7 mo |
| Apr 2025 | 4 ROOM | S$705,000 | 1,119 sqft | S$630 | 10 TO 12 | 58 yr 8 mo |
| Apr 2025 | 4 ROOM | S$705,000 | 1,119 sqft | S$630 | 10 TO 12 | 58 yr 8 mo |
| Feb 2025 | 4 ROOM | S$618,000 | 1,119 sqft | S$552 | 01 TO 03 | 58 yr 10 mo |
| Feb 2025 | 4 ROOM | S$618,000 | 1,119 sqft | S$552 | 01 TO 03 | 58 yr 10 mo |
| Jun 2024 | 4 ROOM | S$668,000 | 1,195 sqft | S$559 | 07 TO 09 | 59 yr 6 mo |
| Jun 2024 | 4 ROOM | S$668,000 | 1,195 sqft | S$559 | 07 TO 09 | 59 yr 6 mo |
| Jun 2024 | 4 ROOM | S$600,000 | 1,119 sqft | S$536 | 07 TO 09 | 59 yr 6 mo |
| Jun 2024 | 4 ROOM | S$600,000 | 1,119 sqft | S$536 | 07 TO 09 | 59 yr 6 mo |
| May 2024 | 4 ROOM | S$650,000 | 1,119 sqft | S$581 | 13 TO 15 | 59 yr 8 mo |
| May 2024 | 4 ROOM | S$650,000 | 1,119 sqft | S$581 | 13 TO 15 | 59 yr 8 mo |
| Apr 2024 | 4 ROOM | S$575,000 | 1,119 sqft | S$514 | 07 TO 09 | 59 yr 7 mo |
| Apr 2024 | 4 ROOM | S$575,000 | 1,119 sqft | S$514 | 07 TO 09 | 59 yr 7 mo |
| Aug 2023 | 4 ROOM | S$530,000 | 1,119 sqft | S$473 | 01 TO 03 | 60 yr 4 mo |
| Aug 2023 | 4 ROOM | S$530,000 | 1,119 sqft | S$473 | 01 TO 03 | 60 yr 4 mo |
| Jul 2023 | 4 ROOM | S$590,000 | 1,119 sqft | S$527 | 13 TO 15 | 60 yr 5 mo |
| Jul 2023 | 4 ROOM | S$590,000 | 1,119 sqft | S$527 | 13 TO 15 | 60 yr 5 mo |
| Feb 2023 | 4 ROOM | S$460,000 | 1,119 sqft | S$411 | 01 TO 03 | 60 yr 10 mo |
| Feb 2023 | 4 ROOM | S$460,000 | 1,119 sqft | S$411 | 01 TO 03 | 60 yr 10 mo |
| Jul 2022 | 4 ROOM | S$570,000 | 1,119 sqft | S$509 | 13 TO 15 | 61 yr 4 mo |
| Jul 2022 | 4 ROOM | S$570,000 | 1,119 sqft | S$509 | 13 TO 15 | 61 yr 4 mo |
| Dec 2020 | 4 ROOM | S$500,000 | 1,119 sqft | S$447 | 10 TO 12 | 62 yr 11 mo |
| Dec 2020 | 4 ROOM | S$440,000 | 1,119 sqft | S$393 | 04 TO 06 | 62 yr 11 mo |
| Jan 2020 | 4 ROOM | S$450,000 | 1,119 sqft | S$402 | 04 TO 06 | 63 yr 10 mo |
| Dec 2019 | 4 ROOM | S$490,000 | 1,119 sqft | S$438 | 13 TO 15 | 63 yr 11 mo |
| Feb 2019 | 4 ROOM | S$480,000 | 1,119 sqft | S$429 | 04 TO 06 | 64 yr 9 mo |
| Aug 2018 | 4 ROOM | S$520,000 | 1,119 sqft | S$465 | 07 TO 09 | 65 yr 3 mo |
| Aug 2018 | 4 ROOM | S$403,000 | 1,184 sqft | S$340 | 01 TO 03 | 65 yr 4 mo |
| Mar 2018 | 4 ROOM | S$538,000 | 1,119 sqft | S$481 | 10 TO 12 | 65 yr 8 mo |
| Mar 2018 | 4 ROOM | S$518,000 | 1,119 sqft | S$463 | 07 TO 09 | 65 yr 8 mo |
| Nov 2016 | 4 ROOM | S$538,000 | 1,119 sqft | S$481 | 04 TO 06 | 67 yrs |
Showing the 40 most recent of 111 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 230 Hougang Ave 1
S$694
+4.1%6 sales4.9% yield
Blk 234 Hougang Ave 1
S$543
-13.6%4 sales5.7% yield
Blk 231 Hougang St 21
S$656
-2.4%6 sales4.9% yield
Blk 236 Hougang Ave 1
S$568
—4 sales6.2% yield
Blk 235 Hougang St 21
S$650
—2 sales
Blk 238 Hougang Ave 1
S$657
+2.5%10 sales4.7% yield
Blk 237 Hougang St 21
S$596
-13.8%2 sales4.9% yield
Blk 246 Hougang St 22
S$555
—4 sales7.2% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.