Hougang HDB Resale Price

Hougang is a large and well-established mature HDB town located in Singapore’s North-East Region within District 19. Known for its extensive residential neighbourhoods, strong transport connectivity, and mix of mature amenities and newer developments, Hougang has remained one of Singapore’s most active HDB resale markets over the years.

Hougang HDB resale prices have generally remained relatively accessible compared with city-fringe mature estates, while continuing to attract steady buyer demand due to the town’s connectivity, amenities, and broad range of flat types. Areas such as Hougang Avenue 1, Hougang Avenue 8, Kovan, Defu, and Buangkok-linked neighbourhoods have continued attracting interest due to their proximity to MRT stations, shopping malls, schools, hawker centres, and parks.

Flats located near Hougang MRT station, Kovan MRT station, and Buangkok MRT station along the North East Line have generally continued recording stronger resale activity due to their direct connectivity towards Serangoon, Dhoby Ghaut, Chinatown, and the Central Business District. The upcoming Cross Island Line interchange at Hougang may also continue supporting long-term accessibility and buyer interest across the town over time.

Future developments across Hougang and the wider North-East Region may continue strengthening resale demand across the estate. Improvements in transport infrastructure, healthcare facilities, integrated community developments, and nearby employment nodes may continue enhancing the long-term liveability and accessibility of the town. Areas closer to MRT stations, integrated amenities, and newer lease projects have generally shown firmer PSF performance and stronger transaction activity across different market cycles.

Compared with many newer HDB towns, Hougang offers a more mature residential environment supported by established retail malls, neighbourhood centres, schools, parks, sports facilities, and healthcare institutions. The town also contains a broad mix of older and newer HDB projects, allowing buyers to choose between larger older flats and newer lease developments depending on budget and housing preferences.

This page serves as the main Hougang HDB resale price and market analysis hub by HDB Insights. Here, you can explore the latest Hougang HDB resale prices, monthly transaction activity, average and median resale price trends, PSF trends, flat type performance, lease profile patterns, MRT proximity trends, high-floor premium movements, million-dollar flat activity, and record-setting resale transactions across Hougang, Kovan, and Buangkok.

May 2026 Hougang HDB Resale Price Overview

This overview summarises the latest HDB resale transaction activity and pricing trends observed across Hougang, located in District 19, North-East Region.

Hougang recorded 79 HDB resale transactions in May 2026. The average resale price was $667,496, while the median resale price was $638,000. On a PSF basis, the average price was approximately $634 PSF, while the median PSF was approximately $610 PSF.

The highest recorded resale transaction for the month was $1,232,888 at 222 Hougang Street 21. This was a low-floor Maisonette Executive flat with a floor area of 156 sqm, achieving an estimated $734 PSF. The flat was located approximately 450m from Kovan MRT station.

The highest PSF transaction was recorded at 365C Upp Serangoon Road, where a high-floor Model A 4-room flat achieved approximately $894 PSF. The flat was located approximately 640m from Hougang MRT station.

6 million-dollar HDB resale transactions were recorded in Hougang during the month. The most active flat type was 4-room, with 34 transactions.

13 transactions were located within 500m of an MRT station during the month.

The data below highlights key resale price movements, transaction activity, and notable market trends observed across Hougang.

Most Expensive HDB Flat Types Sold in Hougang

This section tracks the highest recorded HDB resale prices by flat type in Hougang, based on available resale transactions in the database.

Highest 2-room Resale Price

The current 2-room price record in Hougang was set by a high-floor Model A flat at 995C Buangkok Crescent, which sold for $418,000 in May 2026.

The transaction achieved approximately $826 PSF based on a floor area of 47 sqm. The flat was located approximately 490m from Tongkang MRT station.

There have been 11 near-record attempts so far, with the closest sale reaching $410,000, about $8,000 below the existing record. The latest near-record attempt was recorded in May 2026.

Highest 3-room Resale Price

The current 3-room price record in Hougang was set by a mid-floor Model A flat at 365D Upp Serangoon Road, which sold for $660,000 in April 2026.

The transaction achieved approximately $915 PSF based on a floor area of 67 sqm. The flat was located approximately 570m from Hougang MRT station.

There have been 6 near-record attempts so far, with the closest sale reaching $655,000, about $5,000 below the existing record. The latest near-record attempt was recorded in April 2026.

Highest 4-room Resale Price

The current 4-room price record in Hougang was set by a high-floor Model A flat at 365C Upp Serangoon Road, which sold for $885,000 in May 2026.

The transaction achieved approximately $894 PSF based on a floor area of 92 sqm.

There have been 7 near-record attempts so far, with the closest sale reaching $868,888, about $16,112 below the existing record. The latest near-record attempt was recorded in March 2026.

Highest 5-room Resale Price

The current 5-room price record in Hougang was set by a high-floor Model A-Maisonette flat at 231 Hougang Street 21, which sold for $1,150,000 in August 2024.

The transaction achieved approximately $752 PSF based on a floor area of 142 sqm. The flat was located approximately 390m from Kovan MRT station.

No near-record attempts have been recorded so far based on the current threshold.

Highest Executive Resale Price

The current Executive price record in Hougang was set by a mid-floor Maisonette flat at 221 Hougang Street 21, which sold for $1,450,000 in December 2025.

The transaction achieved approximately $910 PSF based on a floor area of 148 sqm. The flat was located approximately 430m from Kovan MRT station.

No near-record attempts have been recorded so far based on the current threshold.

Record levels may change as new resale transactions are recorded. Near-record attempts are useful because they show whether recent transactions are still testing the upper end of the town’s resale price range.

Hougang HDB Resale Price Summary

What Is the Average HDB Resale Price in Hougang?

Based on 79 recorded resale transactions in May 2026, the average HDB resale price in Hougang was approximately $667,496, while the median resale price was approximately $638,000.

This suggests that resale prices were relatively evenly distributed, with the average and median prices pointing to a similar overall price level.

What Is the Average PSF in Hougang?

In May 2026, Hougang resale flats averaged approximately $634 PSF, while the median PSF stood at approximately $610 PSF. Actual PSF levels can vary depending on flat type, floor area, remaining lease, floor level, and proximity to MRT stations.

A higher average PSF than median PSF suggests that some stronger PSF transactions lifted the overall average above the typical transaction level.

Which Flat Type Had the Most Transactions?

4-room flats recorded the highest resale activity in Hougang during May 2026, with 34 completed transactions.

This suggests that mainstream family-sized flats formed the core of resale demand during the month.

Which Flat Type Was the Most Expensive?

Among the tracked flat types, Executive flats recorded the highest average resale price in May 2026 at approximately $1,010,124.

This suggests that Executive flats continued to command premium absolute prices, mainly because of their larger floor areas and more limited supply.

How Many Million-Dollar HDB Flats Were Sold?

Hougang recorded 14 million-dollar HDB resale transactions year-to-date through May 2026. Over the rolling 12-month period from June 2025 to May 2026, the town recorded 44 million-dollar resale transactions.

This suggests that million-dollar resale activity is becoming more visible in Hougang, although it is still likely concentrated among selected larger, newer, or better-located flats.

Hougang HDB Resale Price FAQs

Why are Hougang HDB resale prices rising?

Hougang recorded 14 million-dollar HDB resale transactions year-to-date through May 2026. Flats with longer remaining leases, larger floor areas, higher floors, and stronger access to MRT stations often command higher resale prices.

Does MRT or LRT distance affect Hougang HDB resale prices?

HDB flats located closer to MRT stations in Hougang generally attract stronger buyer demand. However, price differences still depend on flat type, remaining lease, floor level, project age, and overall market conditions.

Are older Hougang HDB flats still expensive?

Some older Hougang HDB flats can still command strong resale prices because of their size, location, and established amenities. However, remaining lease remains an important factor when comparing older flats with newer projects.

What affects HDB resale prices in Hougang?

In May 2026, Executive flats recorded the highest average resale price at approximately $1,010,124. Key factors affecting Hougang HDB resale prices include remaining lease, floor level, flat model, MRT proximity, project age, floor area, and overall market demand.

Is Hougang a good area for HDB resale buyers?

Hougang recorded 79 resale transactions in May 2026, with a median resale price of approximately $638,000. The town remains popular among resale buyers seeking family-sized flats, transport connectivity, schools, malls, parks, and neighbourhood amenities.

Which areas in Hougang usually command higher HDB resale prices?

Higher-priced areas in Hougang usually depend on transport access, remaining lease, flat type, floor level, floor area, and nearby amenities. Buyers should compare recent transactions by block, street, and flat type instead of relying only on town-level averages.

Are high-floor flats more expensive in Hougang?

High-floor flats in Hougang often command stronger resale prices, especially when they are located in newer lease projects or near MRT stations. However, price differences still depend on flat type, floor area, remaining lease, block location, and buyer demand at the time of sale.

How often is the Hougang HDB resale price guide updated?

The Hougang HDB resale price guide was last updated with May 2026 transaction data and is refreshed regularly using the latest available HDB resale records.