HOUGANG GREEN Review

Condo Review 5 min read Last reviewed
District 19 · 99 yrs lease commencing from 1994 · Completed 1998
~$1,005Avg PSF (12-month)
90Total units
Category Ratings
Walkability
6.8
Investment
6.8
En-Bloc Potential
5.8
ShiokNest Score
5.0

Overview & Key Facts

HOUGANG GREEN is a 99 yrs lease commencing from 1994 condominium at BUANGKOK GREEN in District 19 (OCR), developed by HOUGANG POINT PTE LTD (HIAP HOE GROUP), comprising 90 units, completed in 1998.

Developer
HOUGANG POINT PTE LTD (HIAP HOE GROUP)
Tenure
99 yrs lease commencing from 1994
Total units
90
TOP year
1998
District
19 — OCR
Street
BUANGKOK GREEN
Lease remaining
~67 years (of 99)

Location & Connectivity

HOUGANG GREEN is approximately 710m from Buangkok MRT station, with 5 stations within 1.5 km.

MRT stations near HOUGANG GREEN
StationLineDistance
BuangkokNorth-East Line710m
RenjongSengkang LRT850m
TongkangSengkang LRT1 km
HougangNorth-East Line1.1 km
RanggungSengkang LRT1.1 km

Schools & Education

21 schools within 2 km (1 within 1 km priority zone).

Schools near HOUGANG GREEN
SchoolTypeDistance
Nan Chiau Primary SchoolPrimary720m
Presbyterian High SchoolSecondary1.1 km
North Vista Primary SchoolPrimary1.1 km
North Vista Secondary SchoolSecondary1.1 km
Townsville Primary SchoolPrimary1.2 km
Sengkang Secondary SchoolSecondary1.2 km
Anchor Green Primary SchoolPrimary1.3 km
Seng Kang Primary SchoolPrimary1.3 km

Unit Mix & Pricing

Unit mix for HOUGANG GREEN
TypeSalesAvg PSFAvg Price
2 BR9$1,006 psf$768,778
3 BR13$771 psf$880,761
5+ BR2$832 psf$1,765,000

Market Position

HOUGANG GREEN has recorded 24 sales at an average price of $912,454.

HOUGANG GREEN sits at the 7th percentile of District 19 condo PSF.
$1,005 psf
Avg PSF (12mo)
$912,454
Avg Price
4.7%
Gross Yield
24
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at HOUGANG GREEN typically rent harder per dollar of purchase price:

Per-bedroom gross yield at HOUGANG GREEN
TypeAvg RentAvg PriceGross Yield
2 BR$3,124/mo$768,7784.88%
3 BR$3,604/mo$880,7614.91%

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Price Appreciation

PSF trend for HOUGANG GREEN
YearSalesAvg PSFYoY
20215$726 psf
20228$819 psf↑ 12.9%
20233$855 psf↑ 4.4%
20242$984 psf↑ 15.0%
20254$1,002 psf↑ 1.9%
20262$1,012 psf↑ 1.0%

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HOUGANG GREEN prices sit at a fresh series high after a 1.0% gain on the prior period, now 39.5% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

Lease Analysis

With 67 years remaining on its 99-year lease, HOUGANG GREEN still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • About 67 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
  • Only 3 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.

Who This Actually Suits

The profile fits car-owning households, yield-focused investors, long-term hold (10+ yr) and en-bloc speculators best. Parking and arterial road access matter more here than walking-distance MRT.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

HOUGANG GREEN is a 99 yrs lease commencing from 1994 development in District 19 (OCR), with 90 units, offering a gross yield of 4.7%.

At ~$1,005 psf, it represents a competitive entry point in the OCR segment.

Explore the full HOUGANG GREEN dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing HOUGANG GREEN against staying public? These HDB towns sit within walking or short-drive distance:

  • Hougang — 4-room average $630,510 (70m away), an upgrader gap of about $300,000
  • Sengkang — 4-room average $658,294 (330m away), an upgrader gap of about $250,000
  • Serangoon — 4-room average $685,706 (1.4 km away), an upgrader gap of about $250,000

FAQ

What is the average PSF for HOUGANG GREEN?
The 12-month average is approximately $1,005 psf.
Is HOUGANG GREEN freehold?
HOUGANG GREEN has a 99 yrs lease commencing from 1994 tenure with ~67 years remaining.
What is the rental yield for HOUGANG GREEN?
The estimated gross yield is 4.7%.
Which MRT is nearest to HOUGANG GREEN?
The nearest is Buangkok MRT at 710m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 24 transactions
  • Rental data: 75 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of February 2026

Latest recorded data point: Feb 2026 · 24 records analysed · Source: URA private-sale caveats

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