Blk 242 Hougang St 22
Completed 1984 · 12 storeys · 182 flats · 58 years 09 months remaining · 35 resale transactions on record · median household income in Hougang: $8,500/mo
12 storeys · completed 1984 · shops below
What the record shows
A 3-room here sold for $440,000 in Feb 2025. The same flat type in this block averaged $309,361 in 2021 - a gain of $130,639 - about $72 a day while the owner slept.
In this block, 3-room flats from floor 8 up have sold for a median of $350,000 - $34,000 more than floors 4 and below, same flat type, same block.
This block crossed 60 years remaining in 2023 - the line where CPF usage rules tighten for buyers. In Hougang over the last two years, flats below that line sold at a median 10% below their younger neighbours' PSF (818 sales).
Across Hougang, roughly 285 flats in newly-completed blocks reach the end of MOP between 2026 and 2028 - new sellers entering this market.
Rent check
What flats in this block actually rented for in the last 12 months - official approvals, not listings. If you’re quoted much more, you have a number to negotiate with.
| Type | Block median | Range | Hougang median | Gross yield | Rented |
|---|---|---|---|---|---|
| 3-ROOM | $2,500/mo | $1,700–$2,600 | $2,700/mo | - | 5 |
| 4-ROOM | $3,125/mo | $2,850–$3,400 | $3,200/mo | - | 4 |
Price trend
median PSF by year · ━ this block · ╌ Hougang · gaps = years with no sales here
The height gradient
every sale in 5 years, plotted by starting floor · 15 sales - do higher floors really fetch more here?
Every recent sale HDB official record, latest 30
| Month | Type | Storey | Area (sqm) | Price | PSF | Lease left |
|---|---|---|---|---|---|---|
| Feb 2025 | 3 ROOM | 07 to 09 | 71 | $440,000 | $576 | 58y 09m |
| Aug 2024 | 4 ROOM | 10 to 12 | 92 | $560,000 | $565 | 59y 04m |
| Aug 2024 | 4 ROOM | 04 to 06 | 93 | $503,000 | $502 | 59y 03m |
| Mar 2024 | 3 ROOM | 07 to 09 | 67 | $368,888 | $512 | 59y 09m |
| Jul 2023 | 4 ROOM | 04 to 06 | 92 | $460,000 | $465 | 60y 04m |
| Jan 2023 | 3 ROOM | 01 to 03 | 72 | $340,000 | $439 | 60y 10m |
| Dec 2022 | 4 ROOM | 10 to 12 | 92 | $455,000 | $459 | 61y 01m |
| Dec 2022 | 3 ROOM | 07 to 09 | 71 | $380,000 | $497 | 60y 11m |
| Sept 2022 | 3 ROOM | 07 to 09 | 71 | $330,000 | $432 | 61y 03m |
| Jul 2022 | 3 ROOM | 10 to 12 | 67 | $395,000 | $548 | 61y 04m |
| Feb 2022 | 3 ROOM | 01 to 03 | 72 | $310,000 | $400 | 61y 09m |
| Feb 2022 | 3 ROOM | 10 to 12 | 67 | $315,888 | $438 | 61y 09m |
| Jan 2022 | 3 ROOM | 10 to 12 | 67 | $350,000 | $485 | 61y 10m |
| Dec 2021 | 3 ROOM | 07 to 09 | 67 | $325,000 | $451 | 61y 11m |
| Aug 2021 | 3 ROOM | 04 to 06 | 67 | $316,000 | $438 | 62y 03m |
| May 2021 | 3 ROOM | 10 to 12 | 67 | $308,000 | $427 | 62y 06m |
| Apr 2021 | 4 ROOM | 01 to 03 | 96 | $388,000 | $375 | 62y 07m |
| Mar 2021 | 4 ROOM | 01 to 03 | 96 | $350,000 | $339 | 62y 07m |
| Feb 2021 | 3 ROOM | 01 to 03 | 67 | $273,000 | $379 | 62y 09m |
| Feb 2021 | 3 ROOM | 01 to 03 | 67 | $277,000 | $384 | 62y 09m |
| Aug 2020 | 4 ROOM | 07 to 09 | 99 | $338,000 | $317 | 63y 03m |
| Jun 2020 | 3 ROOM | 01 to 03 | 67 | $258,000 | $358 | 63y 06m |
| Apr 2020 | 4 ROOM | 10 to 12 | 99 | $385,000 | $361 | 63y 07m |
| Feb 2020 | 4 ROOM | 04 to 06 | 92 | $359,000 | $363 | 63y 08m |
| Dec 2019 | 4 ROOM | 07 to 09 | 93 | $338,000 | $338 | 63y 11m |
| Oct 2019 | 4 ROOM | 07 to 09 | 91 | $335,800 | $343 | 64y |
| Apr 2019 | 4 ROOM | 04 to 06 | 93 | $355,000 | $355 | 64y 06m |
| Dec 2018 | 3 ROOM | 10 to 12 | 67 | $265,000 | $367 | 64y 10m |
| Nov 2018 | 3 ROOM | 01 to 03 | 67 | $276,000 | $383 | 64y 11m |
| Apr 2018 | 3 ROOM | 07 to 09 | 67 | $268,000 | $372 | 65y 06m |
Who lives in Hougang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood
What sits around this address - distances computed from official OneMap and LTA records.
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Around this block
The nearest blocks by actual distance - street names are postal artifacts, so true neighbours often sit on a different road. Price gaps are median-vs-median on the flat type both blocks actually trade.
Condos nearby
The private premium, measured: the nearest condo trades at 2.6×this block’s PSF.
Grounded in this block’s own resale record, trend and lease - ask away.