232 Hougang Ave 1

HDB Block · in Hougang, Singapore · 99-year lease · Completed 1983

Data through 1 July 2026

Intro: 232 Hougang Ave 1 is an HDB block located along Hougang Avenue 1 within Hougang with a 99-year lease commencing in 1983. It was completed in 1983 with 124 units in total. So far it has been transacted a total of 95 times.

HDBHougang

Annual Returns

Avg annualized profit (past 1y)

5.7%

232 Hougang Ave 1 project details

Street

Hougang Avenue 1

Postal Code

530232

Unit Types

4 Room

Completion

1983

Total Units

124

Unit Size

1,119 - 1,194 sqft

Lease Remaining

56 yrs

MRT and LRT stations near 232 Hougang Ave 1

Kovan382 m MRTNE13

See details on nearby stations

Primary schools near 232 Hougang Ave 1

Xinghua Primary School220 m

See details on nearby schools

232 Hougang Ave 1 price, PSF and transaction trends

01-02-1990

First Transacted

01-07-2026

Last Transacted

Total Transactions

232 Hougang Ave 1 transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for 232 Hougang Ave 1, the median price was S$619,000 and the median PSF was S$553 psf. The newest record shown is from 1 July 2026. The annual project median was 29.1% higher in 2026 than in 2018; unit mix can affect year-to-year comparisons.

Recent 232 Hougang Ave 1 transactions

Date	Flat type / storey	Price	PSF	Size
1 July 2026	4 Room · 10 To 12	S$670,000	S$599 psf	1,119 sqft
1 July 2026	4 Room · 07 To 09	S$675,000	S$603 psf	1,119 sqft
1 July 2026	4 Room · 04 To 06	S$620,000	S$554 psf	1,119 sqft
1 May 2025	4 Room · 07 To 09	S$500,000	S$447 psf	1,119 sqft
1 April 2025	4 Room · 10 To 12	S$705,000	S$630 psf	1,119 sqft

232 Hougang Ave 1 median transaction PSF (S$)

232 Hougang Ave 1 annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$670,000	S$599 psf	3
2025	S$618,000	S$552 psf	3
2024	S$625,000	S$548 psf	4
2023	S$530,000	S$474 psf	3
2022	S$570,000	S$509 psf	1
2020	S$450,000	S$402 psf	3
2019	S$485,000	S$433 psf	2
2018	S$519,000	S$464 psf	4

67.0%

% Profitable

Profitable

Unprofitable

232 Hougang Ave 1 annualized profit %

View full details

Frequently asked questions about 232 Hougang Ave 1

How much do units at 232 Hougang Ave 1 cost?

The latest 12 recorded sales show a median price of S$619,000 and a median of S$553 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 232 Hougang Ave 1 freehold or leasehold?

232 Hougang Ave 1 has a tenure of 99-year lease.

When was 232 Hougang Ave 1 completed?

232 Hougang Ave 1 was completed in 1983 and the project has 124 units.

Which MRT or LRT station is nearest to 232 Hougang Ave 1?

Kovan is the nearest station shown, at an estimated straight-line distance of 382 metres.

Which primary schools are near 232 Hougang Ave 1?

The primary schools shown within the page’s one-kilometre search are Xinghua Primary School (220 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Resale transaction records are based on HDB resale transaction data published on data.gov.sg. REALSMART calculates block-level medians, chart groupings, profitability indicators and straight-line distances. Data on this page runs through 1 July 2026. Figures are indicative and do not constitute financial advice.