Block 515 Hougang Avenue 10

4 Room · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$510,000
Nov 2024 · 4 ROOM · #01-03
Median $/sqm
$4,601
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
--
Insufficient data
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Estimated value in --
--
Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
Track this unit's value Get notified when new sales happen in Block 515
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 60 years remaining 99 years
60 years 11 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2024 01 TO 03 4 ROOM 84 sqm $510,000 $6,071
Apr 2024 01 TO 03 4 ROOM 84 sqm $482,000 $5,738
Aug 2023 04 TO 06 4 ROOM 104 sqm $542,000 $5,212
Jun 2023 07 TO 09 4 ROOM 84 sqm $470,000 $5,595
Mar 2023 10 TO 12 4 ROOM 84 sqm $468,888 $5,582
Nov 2022 04 TO 06 4 ROOM 84 sqm $478,000 $5,690
Oct 2022 01 TO 03 4 ROOM 84 sqm $445,000 $5,298
Jul 2022 04 TO 06 4 ROOM 90 sqm $485,000 $5,389
Jul 2021 10 TO 12 4 ROOM 84 sqm $410,000 $4,881
Jan 2021 07 TO 09 4 ROOM 84 sqm $410,000 $4,881
Mar 2020 01 TO 03 4 ROOM 84 sqm $318,000 $3,786
Jan 2020 07 TO 09 4 ROOM 103 sqm $413,000 $4,010
Oct 2019 04 TO 06 4 ROOM 84 sqm $337,000 $4,012
Mar 2019 10 TO 12 4 ROOM 104 sqm $413,000 $3,971
Aug 2018 07 TO 09 4 ROOM 84 sqm $331,000 $3,940
Apr 2018 10 TO 12 4 ROOM 103 sqm $430,000 $4,175
Mar 2018 01 TO 03 4 ROOM 84 sqm $330,000 $3,929
Feb 2018 10 TO 12 4 ROOM 84 sqm $365,000 $4,345
Feb 2018 07 TO 09 4 ROOM 84 sqm $408,000 $4,857
Nov 2017 07 TO 09 4 ROOM 104 sqm $415,000 $3,990
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 515 Hougang Avenue 10

Block 515 at Hougang Avenue 10 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 60 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $318,000 to $542,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $510,000 in 2024-11. The current median price per square metre is $4,601. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8770, with an annual lease decay rate of approximately 0.49%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 515 Hougang Avenue 10 worth?

The most recent resale transaction at Block 515 Hougang Avenue 10 was $510,000 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $4,601, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 515 Hougang Avenue 10?

Block 515 Hougang Avenue 10 was built in 1986 and has approximately 60 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 515 Hougang Avenue 10?

Block 515 Hougang Avenue 10 in Hougang contains 4 room flats. Resale prices range from $318,000 to $542,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard