Block 247 Hougang Ave 3
247 Hougang Ave 3, Singapore 530247
Block 247 Hougang Ave 3 is an HDB block in Hougang, completed in 1983, with 133 dwelling units. Across 173 resales on record, 3-Room flats have recently resold around S$390k (S$534 psf, 67 sqm). The lease has approximately 57 years remaining.
What are the key facts about Block 247 Hougang Ave 3?
Block 247 Hougang Ave 3 is an HDB block in Hougang, completed in 1983, with 133 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1983
- Storeys
- 13
- Total units
- 133
- Flat model
- New Generation
- Market segment
- OCR
- Median resale
- S$390k
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 57 years
What are resale prices at Block 247 Hougang Ave 3?
3-Room flats have recently resold around S$390k (S$534 psf), from 173 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 156 | S$390,000recent | 67 sqm | S$534 psf |
| 4-Room | 17 | S$275,000recent | 93 sqm | S$275 psf |
“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 Block 247 Hougang Ave 3 get?
Flats at Block 247 Hougang Ave 3 have recently sublet for a median of S$2,500/mo, an indicative gross rental yield of about 7.7% (from 24 recent rental contracts).
Median rent
S$2,500/mo
24 recent contracts
Gross rental yield
7.7%
indicative, gross
Annual rent
S$30,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$2,500/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 May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 247 Hougang Ave 3?
Block 247 Hougang Ave 3 has 173 recorded resales; the most recent transacted at S$452,500 in Jul 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jul 2026 | 3-Room | 07 TO 09 | 67 sqm | S$452,500 |
| Jun 2026 | 3-Room | 10 TO 12 | 67 sqm | S$455,000 |
| Aug 2025 | 3-Room | 10 TO 12 | 67 sqm | S$468,000 |
| Dec 2024 | 3-Room | 07 TO 09 | 67 sqm | S$428,000 |
| Oct 2024 | 3-Room | 04 TO 06 | 82 sqm | S$463,000 |
| Feb 2024 | 3-Room | 01 TO 03 | 67 sqm | S$385,000 |
| Jan 2024 | 3-Room | 07 TO 09 | 67 sqm | S$410,000 |
| Aug 2023 | 3-Room | 04 TO 06 | 67 sqm | S$390,000 |
| Apr 2023 | 3-Room | 10 TO 12 | 67 sqm | S$385,000 |
| Jan 2023 | 3-Room | 07 TO 09 | 67 sqm | S$369,000 |
| Sept 2022 | 3-Room | 04 TO 06 | 67 sqm | S$354,000 |
| Aug 2022 | 3-Room | 10 TO 12 | 67 sqm | S$378,000 |
What flat types are in Block 247 Hougang Ave 3?
Block 247 Hougang Ave 3 has 133 units, mostly 3-Room flats of the New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 247 Hougang Ave 3?
Block 247 Hougang Ave 3 is an HDB block in Hougang.
Block 247 Hougang Ave 3 is an HDB block located along Hougang Ave 3. The block is recorded as completed around 1983, with up to 13 storeys. It has an estimated 133 residential units based on the HDB property information dataset. Flat types in the block include 3-room and 4-room units.
The address is Block 247 Hougang Ave 3, Singapore 530247. 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 727m away, around 11 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, LIM KING CHEW 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 247 Hougang Ave 3 from MRT and schools?
The nearest MRT/LRT to Block 247 Hougang Ave 3 is Kovan MRT, about 727 m away (~11 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Kovan MRT727 m · ~11 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 priority182 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km270 m
- Anderson Serangoon Junior CollegeJunior collegewithin 1 km822 m
- Holy Innocents' Primary SchoolPrimary schoolwithin 1 km · P1 priority911 m
- Paya Lebar Methodist Girls' School (Secondary)Secondary school1.2 km
- Paya Lebar Methodist Girls' School (Primary)Primary school1.3 km
- Holy Innocents' High SchoolSecondary school1.5 km
- Montfort Junior SchoolPrimary school1.6 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 247 Hougang Ave 3?
Buying a flat at Block 247 Hougang Ave 3 (~S$390k) needs about S$3,109/mo in income and S$1,464/mo in repayments, after S$6,300 stamp duty and a S$98k downpayment.
Illustrative, for a buyer at the recent median resale price (S$390k) — 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$6,300
BSD, tiered
Downpayment (25%)
S$98k
cash + CPF
Monthly instalment
S$1,464/mo
25y @ 3.5%
Income required
S$3,109/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 247 Hougang Ave 3? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
Recent sales at Block 247 Hougang Ave 3 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 247 Hougang Ave 3
How much does a 3-Room flat at Block 247 Hougang Ave 3 cost?⌄
3-Room flats at Block 247 Hougang Ave 3 have recently resold for a median of about S$390k (S$534 psf), from 173 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 247 Hougang Ave 3 by flat type?⌄
3-Room ≈ S$390k; 4-Room ≈ S$275k (median resale, HDB caveats).
Is Block 247 Hougang Ave 3 worth buying given its remaining lease?⌄
Block 247 Hougang Ave 3 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 247 Hougang Ave 3?⌄
Gross rental yield at Block 247 Hougang Ave 3 is about 7.7%, based on a median subletting rent of about S$2,500/mo against a resale price of about S$390k. 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 247 Hougang Ave 3?⌄
For a flat at about S$390k on a 25-year HDB-style loan, you'd need roughly S$3,109/mo in household income, with repayments around S$1,464/mo after a S$98k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 247 Hougang Ave 3?⌄
The nearest MRT/LRT station to Block 247 Hougang Ave 3 is Kovan MRT, about 727 m away (~11 min walk).
Which primary schools are within 1 km of Block 247 Hougang Ave 3?⌄
Xinghua Primary School, Holy Innocents' Primary School are within 1 km of Block 247 Hougang Ave 3 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
