Blk 324 Hougang Avenue 5
About 324 Hougang Ave 5
324 Hougang Avenue 5 comprises 4 room HDB blocks and is located in Hougang. It was completed in year 1982 and the lease commenced in 1983. The remaining lease period with HDB is therefore approximately 64 years 06 months.
The highest floor for this block is 13. The unit floor size is 104sqm, based on past transactions data. The latest resale transaction was in May 2024 and the highest transacted price was recorded in Feb 2024 for a 4 room unit at $588,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 324, including Holy Innocents' Primary School.
For secondary education, the nearby schools include Serangoon Secondary School.
Block 324 is also well-connected to public transportation, with several MRT stations close by, including Hougang MRT Station (NE14).
There are also 4 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $448,000 | $521,400 | $588,000 | 10 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,950 | $2,793 | $3,700 | 19 |
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 4 room units at 324 Hougang Avenue 5.
- 4 room sales : Trending down
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 10 resale transactions in the last 3 years for units in block 324 Hougang Avenue 5, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $565,000 | $5,433 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1983 |
| Feb 2024 | $588,000 | $5,654 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 10 to 12 | 104 sqm | Model A | 1983 |
| Dec 2023 | $580,000 | $5,577 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 10 to 12 | 104 sqm | Model A | 1983 |
| May 2023 | $530,000 | $5,096 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 10 to 12 | 104 sqm | Model A | 1983 |
| May 2023 | $505,000 | $4,856 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1983 |
| Apr 2023 | $523,000 | $5,029 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 07 to 09 | 104 sqm | Model A | 1983 |
| Mar 2023 | $465,000 | $4,471 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 01 to 03 | 104 sqm | Model A | 1983 |
| Mar 2023 | $510,000 | $4,904 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 13 to 15 | 104 sqm | Model A | 1983 |
| Jun 2022 | $448,000 | $4,308 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 01 to 03 | 104 sqm | Model A | 1983 |
| Apr 2022 | $500,000 | $4,808 | 4 Room | Blk 324 Hougang Avenue 5 4 Room / 104 sqm | 13 to 15 | 104 sqm | Model A | 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 4 room units at 324 Hougang Avenue 5.
- 4 room rental : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 19 rental transactions in the last 3 years for units in block 324 Hougang Avenue 5. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $3,600 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jul 2024 | $3,200 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jul 2024 | $2,800 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| May 2024 | $3,300 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jan 2024 | $3,400 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Oct 2023 | $2,900 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jul 2023 | $2,280 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Apr 2023 | $2,600 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Apr 2023 | $3,700 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Mar 2023 | $2,301 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Oct 2022 | $3,300 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Sep 2022 | $2,740 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jul 2022 | $2,200 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jun 2022 | $2,800 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Jun 2022 | $2,550 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| May 2022 | $2,200 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Mar 2022 | $1,950 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Feb 2022 | $3,200 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
| Oct 2021 | $2,050 | 4 Room | Blk 324 Hougang Avenue 5 4 Room | Hougang |
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Property information for 324 Hougang Avenue 5
| Block | : | 324 |
| Street | : | Hougang Avenue 5 |
| Building | : | |
| Postal code | : | 530324 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 104 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Model A |
| 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 |