232 Hougang Ave 1
HDB block in Hougang, Singapore 530232
232 Hougang Ave 1 is an HDB block in Hougang, completed in 1983, with 124 dwelling units. Across 95 resales on record, 4-Room flats have recently resold around S$618k (S$552 psf, 104 sqm). The lease has approximately 57 years remaining.
What are the key facts about 232 Hougang Ave 1?
232 Hougang Ave 1 is an HDB block in Hougang, completed in 1983, with 124 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1983
- Storeys
- 13
- Total units
- 124
- Flat model
- Model A
- Market segment
- OCR
- Median resale
- S$618k
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 57 years
What are resale prices at 232 Hougang Ave 1?
4-Room flats have recently resold around S$618k (S$552 psf), from 95 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 95 | S$618,000recent | 104 sqm | S$552 psf |
Live now: 0 flats listed for sale at this block and 3 for rent — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Jul 2026.
What rent and yield does 232 Hougang Ave 1 get?
Flats at 232 Hougang Ave 1 have recently sublet for a median of S$2,900/mo, an indicative gross rental yield of about 5.6% (from 24 recent rental contracts).
Median rent
S$2,900/mo
24 recent contracts
Gross rental yield
5.6%
indicative, gross
Annual rent
S$34,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 24 | S$2,900/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Aug 2026. Source: HDB rental (subletting) data.
What has recently sold at 232 Hougang Ave 1?
232 Hougang Ave 1 has 95 recorded resales; the most recent transacted at S$675,000 in Jul 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jul 2026 | 4-Room | 07 TO 09 | 104 sqm | S$675,000 |
| Jul 2026 | 4-Room | 10 TO 12 | 104 sqm | S$670,000 |
| Jul 2026 | 4-Room | 04 TO 06 | 104 sqm | S$620,000 |
| May 2025 | 4-Room | 07 TO 09 | 104 sqm | S$500,000 |
| Apr 2025 | 4-Room | 10 TO 12 | 104 sqm | S$705,000 |
| Feb 2025 | 4-Room | 01 TO 03 | 104 sqm | S$618,000 |
| Jun 2024 | 4-Room | 07 TO 09 | 104 sqm | S$600,000 |
| Jun 2024 | 4-Room | 07 TO 09 | 111 sqm | S$668,000 |
| May 2024 | 4-Room | 13 TO 15 | 104 sqm | S$650,000 |
| Apr 2024 | 4-Room | 07 TO 09 | 104 sqm | S$575,000 |
| Aug 2023 | 4-Room | 01 TO 03 | 104 sqm | S$530,000 |
| Jul 2023 | 4-Room | 13 TO 15 | 104 sqm | S$590,000 |
What flat types are in 232 Hougang Ave 1?
232 Hougang Ave 1 has 124 units, mostly 4-Room flats of the Model A model.
Unit stock by flat type, from the HDB property information dataset.
Where is 232 Hougang Ave 1?
232 Hougang Ave 1 is an HDB block in Hougang.
Block 232 Hougang Ave 1 is an HDB block located along Hougang Ave 1. The block is recorded as completed around 1983, with up to 13 storeys. It has an estimated 124 residential units based on the HDB property information dataset. Flat types in the block include 4-room units.
The address is Block 232 Hougang Ave 1, Singapore 530232. It is part of District 19, Serangoon Garden / Hougang / Punggol, the Hougang planning area. The block falls within the North-East Region and the OCR market segment.
The nearest rail connection is Kovan MRT, approximately 425m away, around 7 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Kovan Market & Food Centre for food options, Aroozoo Ave Pg for greenery and recreation, and Paya Lebar Kovan Community Club for community facilities.
How far is 232 Hougang Ave 1 from MRT and schools?
The nearest MRT/LRT to 232 Hougang Ave 1 is Kovan MRT, about 425 m away (~7 min walk). 4 schools are within 1 km, including 1 primary school.
Getting around
- Kovan MRT425 m · ~7 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority228 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km243 m
- Anderson Serangoon Junior CollegeJunior collegewithin 1 km741 m
- Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km924 m
- Paya Lebar Methodist Girls' School (Primary)Primary school1.1 km
- Holy Innocents' Primary SchoolPrimary school1.1 km
- Xinmin Primary SchoolPrimary school1.6 km
- Xinmin Secondary SchoolSecondary school1.7 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at 232 Hougang Ave 1?
Buying a flat at 232 Hougang Ave 1 (~S$618k) needs about S$4,926/mo in income and S$2,320/mo in repayments, after S$13,140 stamp duty and a S$155k downpayment.
Illustrative, for a buyer at the recent median resale price (S$618k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$13,140
BSD, tiered
Downpayment (25%)
S$155k
cash + CPF
Monthly instalment
S$2,320/mo
25y @ 3.5%
Income required
S$4,926/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing 232 Hougang Ave 1? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at 232 Hougang Ave 1 land close to the town median — fair value, no big premium.
Frequently asked questions about 232 Hougang Ave 1
How much does a 4-Room flat at Block 232 Hougang Ave 1 cost?⌄
4-Room flats at Block 232 Hougang Ave 1 have recently resold for a median of about S$618k (S$552 psf), from 95 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 232 Hougang Ave 1 worth buying given its remaining lease?⌄
Block 232 Hougang Ave 1 has about 57 years left on its 99-year lease (completed 1983). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 232 Hougang Ave 1?⌄
Gross rental yield at Block 232 Hougang Ave 1 is about 5.6%, based on a median subletting rent of about S$2,900/mo against a resale price of about S$618k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 232 Hougang Ave 1?⌄
For a flat at about S$618k on a 25-year HDB-style loan, you'd need roughly S$4,926/mo in household income, with repayments around S$2,320/mo after a S$155k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 232 Hougang Ave 1?⌄
The nearest MRT/LRT station to Block 232 Hougang Ave 1 is Kovan MRT, about 425 m away (~7 min walk).
Which primary schools are within 1 km of Block 232 Hougang Ave 1?⌄
Xinghua Primary School is within 1 km of Block 232 Hougang Ave 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.