Block 245 Hougang St 22
245 Hougang St 22, Singapore 530245
Block 245 Hougang St 22 is an HDB block in Hougang, completed in 1983, with 84 dwelling units. Across 101 resales on record, 5-Room flats have recently resold around S$488k (S$375 psf, 121 sqm). The lease has approximately 58 years remaining.
What are the key facts about Block 245 Hougang St 22?
Block 245 Hougang St 22 is an HDB block in Hougang, completed in 1983, with 84 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1983
- Storeys
- 15
- Total units
- 84
- Flat model
- Improved · New Generation
- Market segment
- OCR
- Median resale
- S$488k
- Last transacted
- May 2026
- Remaining lease
- ≈ 58 years
What are resale prices at Block 245 Hougang St 22?
5-Room flats have recently resold around S$488k (S$375 psf), from 101 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 12 | S$230,000recent | 98 sqm | S$218 psf |
| 5-Room | 89 | S$488,000recent | 121 sqm | S$375 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 May 2026.
What rent and yield does Block 245 Hougang St 22 get?
Flats at Block 245 Hougang St 22 have recently sublet for a median of S$3,000/mo, an indicative gross rental yield of about 7.4% (from 9 recent rental contracts).
Median rent
S$3,000/mo
9 recent contracts
Gross rental yield
7.4%
indicative, gross
Annual rent
S$36,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 9 | S$3,000/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 Jan 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 245 Hougang St 22?
Block 245 Hougang St 22 has 101 recorded resales; the most recent transacted at S$670,888 in May 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| May 2026 | 5-Room | 04 TO 06 | 125 sqm | S$670,888 |
| May 2024 | 5-Room | 07 TO 09 | 121 sqm | S$695,000 |
| Dec 2023 | 5-Room | 13 TO 15 | 121 sqm | S$660,000 |
| Jun 2022 | 5-Room | 13 TO 15 | 121 sqm | S$586,000 |
| Mar 2022 | 5-Room | 10 TO 12 | 121 sqm | S$525,000 |
| May 2021 | 5-Room | 13 TO 15 | 121 sqm | S$473,000 |
| Mar 2021 | 5-Room | 10 TO 12 | 121 sqm | S$488,000 |
| Sept 2020 | 5-Room | 13 TO 15 | 121 sqm | S$478,000 |
| Sept 2020 | 5-Room | 04 TO 06 | 125 sqm | S$450,000 |
| Jun 2020 | 5-Room | 04 TO 06 | 121 sqm | S$420,000 |
| Dec 2019 | 4-Room | 13 TO 15 | 98 sqm | S$345,000 |
| Dec 2019 | 5-Room | 13 TO 15 | 123 sqm | S$520,000 |
What flat types are in Block 245 Hougang St 22?
Block 245 Hougang St 22 has 84 units, mostly 5-Room flats of the Improved / New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 245 Hougang St 22?
Block 245 Hougang St 22 is an HDB block in Hougang.
Block 245 Hougang St 22 is an HDB block located along Hougang St 22. The block is recorded as completed around 1983, with up to 15 storeys. It has an estimated 84 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.
The address is Block 245 Hougang St 22, Singapore 530245. 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 766m away, around 12 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, PRIME SUPERMARKET (1996) PTE LTD for groceries, Blk 105 Hougang Ave 1 for food options, Aroozoo Ave Pg for greenery and recreation, and Aljunied Community Centre for community facilities.
How far is Block 245 Hougang St 22 from MRT and schools?
The nearest MRT/LRT to Block 245 Hougang St 22 is Kovan MRT, about 766 m away (~12 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Kovan MRT766 m · ~12 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 priority150 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km221 m
- Anderson Serangoon Junior CollegeJunior collegewithin 1 km903 m
- Holy Innocents' Primary SchoolPrimary schoolwithin 1 km · P1 priority985 m
- Paya Lebar Methodist Girls' School (Secondary)Secondary school1.1 km
- Paya Lebar Methodist Girls' School (Primary)Primary school1.2 km
- Holy Innocents' High SchoolSecondary school1.6 km
- Xinmin Primary SchoolPrimary 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 Block 245 Hougang St 22?
Buying a flat at Block 245 Hougang St 22 (~S$488k) needs about S$3,890/mo in income and S$1,832/mo in repayments, after S$9,240 stamp duty and a S$122k downpayment.
Illustrative, for a buyer at the recent median resale price (S$488k) — 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$9,240
BSD, tiered
Downpayment (25%)
S$122k
cash + CPF
Monthly instalment
S$1,832/mo
25y @ 3.5%
Income required
S$3,890/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 Block 245 Hougang St 22? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 245 Hougang St 22 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 245 Hougang St 22
How much does a 5-Room flat at Block 245 Hougang St 22 cost?⌄
5-Room flats at Block 245 Hougang St 22 have recently resold for a median of about S$488k (S$375 psf), from 101 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 245 Hougang St 22 by flat type?⌄
4-Room ≈ S$230k; 5-Room ≈ S$488k (median resale, HDB caveats).
Is Block 245 Hougang St 22 worth buying given its remaining lease?⌄
Block 245 Hougang St 22 has about 58 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 245 Hougang St 22?⌄
Gross rental yield at Block 245 Hougang St 22 is about 7.4%, based on a median subletting rent of about S$3,000/mo against a resale price of about S$488k. 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 245 Hougang St 22?⌄
For a flat at about S$488k on a 25-year HDB-style loan, you'd need roughly S$3,890/mo in household income, with repayments around S$1,832/mo after a S$122k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 245 Hougang St 22?⌄
The nearest MRT/LRT station to Block 245 Hougang St 22 is Kovan MRT, about 766 m away (~12 min walk).
Which primary schools are within 1 km of Block 245 Hougang St 22?⌄
Xinghua Primary School, Holy Innocents' Primary School are within 1 km of Block 245 Hougang St 22 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.