Blk 923 Hougang Ave 9
HOUGANG AVE 9 · HOUGANG · Singapore 530923 · D19
Median PSF · 12m
S$579
Median price · 12m
S$685K
Latest sale
S$630K
Jul 2026
1-year change
+3.5%
Sales · 12m
2
106 all time
Gross yield
5.31%
5 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
- +40.3%
- Annualised
- +11.0%
- Transactions
- 16
- 1 year
- +3.5%
- 3 years p.a.
- +5.2%
- 5 years p.a.
- +6.8%
- Median size
- 1,292 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 923 Hougang Ave 9 | D19 median | Difference |
|---|---|---|---|
| Median PSF | S$579 | S$642 | -9.8% |
| Median price | S$685K | S$660K | +3.8% |
| Gross rental yield | 5.31% | 5.85% | -0.5 pts |
| 1-year price change | +3.5% | +0.5% | +3.1 pts |
This development trades about 10% 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
5
Implied annual rent
S$40K
Gross yield
5.31%
| Unit type | Contracts | Median rent |
|---|---|---|
| 5 ROOM | 3 | S$3,350 |
| 4 ROOM | 2 | S$2,650 |
Investment analysis
Investment score 48 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
48/100
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.
- Valuationweight 22%72
How its median price per square foot compares with its own district.
- Price momentumweight 18%67
Three-year annualised change in median PSF, or one year where three is unavailable.
- Supply riskweight 10%46
Upcoming units recorded in the same district. Higher score means less competing supply.
- Liquidityweight 15%45
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%31
Distance to the nearest rail station, plus schools within 1 km. Nearest is Hougang Interchange MRT at 1.1 km.
- Rental yieldweight 20%20
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
- Hougang Interchange MRT1.1 km
- Serangoon North MRT1.2 km
- Hougang MRT1.2 km
- Buangkok MRT1.4 km
Schools within 2 km
- Hougang Secondary Schoolsecondary (s1-s5)170 m
- Hougang Primary Schoolprimary270 m
- Yio Chu Kang Primary Schoolprimary370 m
- Xinmin Secondary Schoolsecondary (s1-s5)400 m
- Xinmin Primary Schoolprimary530 m
- Montfort Secondary Schoolsecondary (s1-s5)710 m
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- Luxus HillsSingapore United Estates Pte Ltd161 units940 m
- Luxus HillsSingapore United Estates Pte Ltd159 units940 m
- Luxus HillsSingapore United Estates Pte Ltd156 units940 m
- JANSEN HOUSEMequity GS Pte Ltd21 units1.9 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 |
|---|---|---|---|---|---|---|
| Jul 2026 | 4 ROOM | S$630,000 | 1,076 sqft | S$585 | 10 TO 12 | 70 yr 8 mo |
| Apr 2026 | 5 ROOM | S$740,000 | 1,292 sqft | S$573 | 01 TO 03 | 70 yr 10 mo |
| Sep 2025 | 5 ROOM | S$770,000 | 1,292 sqft | S$596 | 10 TO 12 | 71 yr 5 mo |
| Aug 2025 | 5 ROOM | S$725,000 | 1,292 sqft | S$561 | 04 TO 06 | 71 yr 7 mo |
| Mar 2025 | 4 ROOM | S$600,000 | 1,076 sqft | S$557 | 01 TO 03 | 72 yr 1 mo |
| Dec 2024 | 5 ROOM | S$680,000 | 1,292 sqft | S$526 | 01 TO 03 | 72 yr 3 mo |
| Aug 2024 | 4 ROOM | S$580,000 | 1,076 sqft | S$539 | 07 TO 09 | 72 yr 7 mo |
| Jun 2024 | 5 ROOM | S$748,888 | 1,292 sqft | S$580 | 07 TO 09 | 72 yr 9 mo |
| Jan 2024 | 4 ROOM | S$553,000 | 1,076 sqft | S$514 | 07 TO 09 | 73 yr 2 mo |
| Aug 2023 | 5 ROOM | S$675,000 | 1,292 sqft | S$523 | 07 TO 09 | 73 yr 8 mo |
| Aug 2023 | 5 ROOM | S$600,000 | 1,292 sqft | S$465 | 01 TO 03 | 73 yr 7 mo |
| Apr 2023 | 4 ROOM | S$538,000 | 1,076 sqft | S$500 | 13 TO 15 | 73 yr 11 mo |
| Nov 2022 | 5 ROOM | S$640,000 | 1,292 sqft | S$495 | 13 TO 15 | 74 yr 5 mo |
| Apr 2022 | 5 ROOM | S$588,000 | 1,292 sqft | S$455 | 10 TO 12 | 74 yr 11 mo |
| Aug 2021 | 5 ROOM | S$556,000 | 1,292 sqft | S$430 | 04 TO 06 | 75 yr 7 mo |
| Aug 2021 | 5 ROOM | S$522,000 | 1,292 sqft | S$404 | 04 TO 06 | 75 yr 6 mo |
| Feb 2020 | 4 ROOM | S$406,000 | 1,087 sqft | S$373 | 10 TO 12 | 77 yrs |
| May 2019 | 5 ROOM | S$460,000 | 1,292 sqft | S$356 | 10 TO 12 | 77 yr 9 mo |
| Nov 2018 | 4 ROOM | S$400,000 | 1,076 sqft | S$372 | 07 TO 09 | 78 yr 3 mo |
| Sep 2018 | 4 ROOM | S$405,000 | 1,076 sqft | S$376 | 07 TO 09 | 78 yr 5 mo |
| Apr 2018 | 4 ROOM | S$367,000 | 1,076 sqft | S$341 | 01 TO 03 | 78 yr 11 mo |
| Nov 2017 | 4 ROOM | S$378,000 | 1,076 sqft | S$351 | 07 TO 09 | 79 yr 3 mo |
| Aug 2016 | 5 ROOM | S$496,000 | 1,292 sqft | S$384 | 10 TO 12 | 80 yrs |
| May 2016 | 5 ROOM | S$520,000 | 1,292 sqft | S$403 | 07 TO 09 | 80 yrs |
| Jul 2015 | 4 ROOM | S$388,000 | 1,087 sqft | S$357 | 07 TO 09 | 81 yrs |
| Jun 2015 | 4 ROOM | S$385,000 | 1,076 sqft | S$358 | 04 TO 06 | 81 yrs |
| May 2015 | 5 ROOM | S$495,000 | 1,292 sqft | S$383 | 10 TO 12 | 81 yrs |
| Apr 2015 | 4 ROOM | S$361,000 | 1,087 sqft | S$332 | 01 TO 03 | 81 yrs |
| Feb 2015 | 4 ROOM | S$384,000 | 1,076 sqft | S$357 | 01 TO 03 | 82 yrs |
| Nov 2014 | 5 ROOM | S$525,000 | 1,292 sqft | S$406 | 16 TO 18 | 82 yr 2 mo |
| Apr 2014 | 5 ROOM | S$522,888 | 1,292 sqft | S$405 | 10 TO 12 | 82 yr 9 mo |
| Mar 2014 | 5 ROOM | S$530,000 | 1,292 sqft | S$410 | 04 TO 06 | 82 yr 10 mo |
| Apr 2012 | 4 ROOM | S$422,000 | 1,087 sqft | S$388 | 01 TO 05 | 84 yr 9 mo |
| Dec 2011 | 4 ROOM | S$455,000 | 1,076 sqft | S$423 | 13 TO 15 | 85 yr 1 mo |
| Dec 2011 | 4 ROOM | S$420,000 | 1,076 sqft | S$390 | 01 TO 03 | 85 yr 1 mo |
| Apr 2011 | 4 ROOM | S$405,000 | 1,076 sqft | S$376 | 04 TO 06 | 85 yr 9 mo |
| Nov 2010 | 5 ROOM | S$417,000 | 1,292 sqft | S$323 | 01 TO 03 | 86 yr 2 mo |
| Sep 2010 | 5 ROOM | S$430,000 | 1,292 sqft | S$333 | 10 TO 12 | 86 yr 4 mo |
| Jun 2010 | 5 ROOM | S$413,888 | 1,292 sqft | S$320 | 01 TO 03 | 86 yr 7 mo |
| May 2010 | 4 ROOM | S$385,000 | 1,076 sqft | S$358 | 07 TO 09 | 86 yr 8 mo |
Showing the 40 most recent of 106 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 925 Hougang St 91
S$565
-4.2%2 sales6.2% yield
Blk 924 Hougang Ave 9
S$582
+9.2%1 sales5.8% yield
Blk 918 Hougang Ave 9
S$594
-4.1%2 sales5.1% yield
Blk 933A Hougang Ave 9
S$728
+1.9%2 sales5.9% yield
Blk 932B Hougang Ave 9
S$745
+2.3%4 sales6.1% yield
Blk 919 Hougang Ave 4
S$595
0.0%3 sales5.3% yield
Blk 920 Hougang St 91
S$567
—1 sales6.4% yield
Blk 929 Hougang St 91
S$578
-1.3%2 sales6.2% 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.