How Much Is a Flat at Block 371 Hougang St 31 Worth?

4 Room, 5 Room · Built 1999 · 72 years 11 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$708,000

2026-01 · 4 Room

Median $/sqm

$5,417

Based on 21 txns

Total Txns

21

Since data available

5-Yr Trend

▲12.4%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

2.9 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Watch
0 yrs 72 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 72 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 21 total

Date Floor Type sqm Price $/sqm
2026-01 07 TO 09 4 Room 100 $708,000 $7,080
2025-11 16 TO 18 5 Room 121 $893,000 $7,380
2025-05 07 TO 09 5 Room 120 $870,000 $7,250
2025-03 13 TO 15 5 Room 120 $861,888 $7,182
2025-03 16 TO 18 4 Room 100 $708,800 $7,088
2025-01 04 TO 06 4 Room 100 $693,000 $6,930
2024-01 07 TO 09 4 Room 100 $597,000 $5,970
2023-07 10 TO 12 4 Room 100 $595,000 $5,950
2021-11 07 TO 09 4 Room 101 $540,000 $5,347
2021-09 10 TO 12 4 Room 100 $520,000 $5,200
2021-04 10 TO 12 5 Room 120 $675,000 $5,625
2020-08 10 TO 12 5 Room 120 $650,000 $5,417
2020-07 07 TO 09 5 Room 120 $623,000 $5,192
2019-10 07 TO 09 4 Room 100 $445,000 $4,450
2019-06 16 TO 18 4 Room 100 $456,000 $4,560
2019-05 04 TO 06 5 Room 124 $626,000 $5,048
2019-03 10 TO 12 5 Room 120 $630,000 $5,250
2019-01 04 TO 06 4 Room 101 $415,000 $4,109
2018-11 13 TO 15 5 Room 120 $665,000 $5,542
2018-07 01 TO 03 5 Room 123 $618,000 $5,024
Page 1 of 1

About Block 371 Hougang St 31

Flats at Block 371 Hougang St 31 have been selling at a median of $7,080/sqm — down 4.1% over the last 6 months, mainly 4-room flats at $708,000 median, with 1 transaction recorded.

The block is a 10-minute walk from Kovan MRT Station (811m) and is near Heartland Mall Kovan mall (808m, 10 min walk). It is also near Holy Innocents' Primary School (1331m, 16 min walk) and Xinghua Primary School (1140m, 14 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 371 Hougang St 31?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

KOVAN MRT STATION 811m · 10 min

Nearby Schools

XINGHUA PRIMARY SCHOOL 1140m · 14 min

Hawker Centres

Hougang Street 21 Blk 209 (Kovan Hougang Market and Food Centre) 931m · 12 min

Shopping Malls

Heartland Mall Kovan 808m · 10 min

Parks

REALTY PARK 782m · 10 min
JLN NAUNG PG 943m · 12 min

Community Facilities

Hougang CC 715m · 9 min

Other Blocks on Hougang St 31

Block 370 Hougang St 31 Block 375 Hougang St 31 Block 374 Hougang St 31

Frequently Asked Questions

How much is a flat at Block 371 Hougang St 31?

Based on 21 recorded transactions, the median resale price ranges from $567,500 (4 Room) to $650,000 (5 Room). The most recent sale was $708,000 in 2026-01.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $708,000
5 Room $870,000

What is my flat worth at Block 371?

The overall median resale price at Block 371 Hougang St 31 is $789,000. Prices have risen 12.4% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 371?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 371 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 371?

Block 371 has recorded 21 resale transactions — roughly 0.9 sales per month over the past 24 months. The latest transaction closed in 2026-01.

What flat types are available at Block 371?

Block 371 Hougang St 31 has 4 Room, 5 Room units. Median prices range from $567,500 to $650,000.

How much can I unlock to upgrade if I sell my HDB at Block 371?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 371?

Block 371 was built in 1999 with a 99-year lease. It has approximately 72 years 11 months remaining.

Does Block 371's remaining lease affect its resale value?

At 72 years remaining, lease length is not a meaningful factor for your sale. Buyers can use their full CPF savings and access standard bank financing. Your buyer pool is unrestricted.

When can I sell my flat at Block 371 Hougang St 31?

Flats at Block 371 Hougang St 31 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $708,000 excl. levy $14,740 to $16,240