Blk 307 Hougang Avenue 5
About 307 Hougang Ave 5
307 Hougang Avenue 5 is an HDB block in Hougang. It comprises 3 room and 4 room units with the highest floor being 13. The block was completed in 1982 and the lease with HDB commenced in the year 1983. This leaves a remaining lease period of approximately 65 years.
Based on past transactions data, the unit floor size are 67, 82 and 93sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Jun 2024 for a 4 room unit at $545,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 307, including Holy Innocents' Primary School.
Public transportation is also convenient, with several MRT stations close to 307, including Hougang MRT Station (NE14). There are also 5 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $362,000 | $404,472 | $470,888 | 4 |
| 4 room | $472,000 | $515,500 | $545,000 | 4 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,550 | $2,233 | $3,150 | 6 |
| 4 room | $2,300 | $2,900 | $3,500 | 4 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 3 room and 4 room units at 307 Hougang Avenue 5.
- 3 room sales : Stable or no visible trend
- 4 room sales : Stable or no visible trend
- 3 room price : Trending up
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 307 Hougang Avenue 5, with the latest one recorded in Oct 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Oct 2024 | $545,000 | $5,860 | 4 Room | Blk 307 Hougang Avenue 5 4 Room / 93 sqm | 01 to 03 | 93 sqm | New Generation | 1983 |
| Jul 2024 | $470,888 | $5,743 | 3 Room | Blk 307 Hougang Avenue 5 3 Room / 82 sqm | 07 to 09 | 82 sqm | New Generation | 1983 |
| Jun 2024 | $545,000 | $5,860 | 4 Room | Blk 307 Hougang Avenue 5 4 Room / 93 sqm | 07 to 09 | 93 sqm | New Generation | 1983 |
| Feb 2024 | $472,000 | $5,075 | 4 Room | Blk 307 Hougang Avenue 5 4 Room / 93 sqm | 01 to 03 | 93 sqm | New Generation | 1983 |
| Jan 2024 | $410,000 | $6,119 | 3 Room | Blk 307 Hougang Avenue 5 3 Room / 67 sqm | 13 to 15 | 67 sqm | New Generation | 1983 |
| Aug 2023 | $375,000 | $5,597 | 3 Room | Blk 307 Hougang Avenue 5 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1983 |
| Aug 2023 | $500,000 | $5,376 | 4 Room | Blk 307 Hougang Avenue 5 4 Room / 93 sqm | 10 to 12 | 93 sqm | New Generation | 1983 |
| Dec 2021 | $362,000 | $5,403 | 3 Room | Blk 307 Hougang Avenue 5 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1983 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room and 4 room units at 307 Hougang Avenue 5.
- 3 room rental : Stable trend
- 4 room rental : Stable trend
- 3 room rental price : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 10 rental transactions in the last 3 years for units in block 307 Hougang Avenue 5. The latest recorded one was in Aug 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Aug 2024 | $3,150 | 3 Room | Blk 307 Hougang Avenue 5 3 Room | Hougang |
| Jul 2024 | $2,900 | 4 Room | Blk 307 Hougang Avenue 5 4 Room | Hougang |
| Jun 2024 | $3,500 | 4 Room | Blk 307 Hougang Avenue 5 4 Room | Hougang |
| Feb 2024 | $2,500 | 3 Room | Blk 307 Hougang Avenue 5 3 Room | Hougang |
| Sep 2023 | $2,100 | 3 Room | Blk 307 Hougang Avenue 5 3 Room | Hougang |
| Mar 2023 | $1,800 | 3 Room | Blk 307 Hougang Avenue 5 3 Room | Hougang |
| Jan 2023 | $2,300 | 3 Room | Blk 307 Hougang Avenue 5 3 Room | Hougang |
| Jul 2022 | $2,900 | 4 Room | Blk 307 Hougang Avenue 5 4 Room | Hougang |
| May 2022 | $2,300 | 4 Room | Blk 307 Hougang Avenue 5 4 Room | Hougang |
| Feb 2022 | $1,550 | 3 Room | Blk 307 Hougang Avenue 5 3 Room | Hougang |
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Property information for 307 Hougang Avenue 5
| Block | : | 307 |
| Street | : | Hougang Avenue 5 |
| Building | : | |
| Postal code | : | 530307 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 67 sqm, 82 sqm, 93 sqm |
| Recorded transactions flat types | : | 3 Room, 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1983 |
| Year completed | : | 1982 |
| Max. Floor | : | 13 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
