Block 705 Hougang Avenue 2

Executive · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$1,030,000
Jun 2025 · EXECUTIVE · #10-12
Median $/sqm
$4,675
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +48.2%
Median price change
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
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Future Value Projection
Estimated value in --
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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.
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Lease Decay Projection
0 years 60 years remaining 99 years
60 years 1 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.51%/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
Jun 2025 10 TO 12 EXECUTIVE 148 sqm $1,030,000 $6,959
Nov 2024 10 TO 12 EXECUTIVE 148 sqm $1,020,000 $6,892
Sep 2024 10 TO 12 EXECUTIVE 154 sqm $1,020,000 $6,623
May 2024 07 TO 09 EXECUTIVE 148 sqm $895,000 $6,047
May 2024 07 TO 09 EXECUTIVE 148 sqm $925,000 $6,250
May 2024 04 TO 06 EXECUTIVE 148 sqm $928,000 $6,270
Apr 2023 07 TO 09 EXECUTIVE 148 sqm $870,000 $5,878
Mar 2022 10 TO 12 EXECUTIVE 148 sqm $822,000 $5,554
Jun 2021 01 TO 03 EXECUTIVE 148 sqm $690,000 $4,662
Jun 2021 01 TO 03 EXECUTIVE 148 sqm $712,000 $4,811
Apr 2021 10 TO 12 EXECUTIVE 154 sqm $700,000 $4,545
Feb 2021 01 TO 03 EXECUTIVE 154 sqm $640,000 $4,156
Sep 2020 07 TO 09 EXECUTIVE 148 sqm $670,000 $4,527
Aug 2019 04 TO 06 EXECUTIVE 147 sqm $700,000 $4,762
Jun 2019 10 TO 12 EXECUTIVE 148 sqm $670,000 $4,527
Mar 2019 10 TO 12 EXECUTIVE 154 sqm $635,000 $4,123
Sep 2018 01 TO 03 EXECUTIVE 154 sqm $602,888 $3,915
Sep 2018 07 TO 09 EXECUTIVE 148 sqm $668,000 $4,514
Sep 2018 04 TO 06 EXECUTIVE 154 sqm $720,000 $4,675
Jul 2018 07 TO 09 EXECUTIVE 148 sqm $845,000 $5,709
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 705 Hougang Avenue 2

Block 705 at Hougang Avenue 2 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 60 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $600,000 to $1,030,000 based on 23 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 10 TO 12 sold for $1,030,000 in 2025-06. The current median price per square metre is $4,675. Over the past five years, resale prices at this block have increased by approximately 48.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8734, with an annual lease decay rate of approximately 0.51%. 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 705 Hougang Avenue 2 worth?

The most recent resale transaction at Block 705 Hougang Avenue 2 was $1,030,000 for a executive flat in 2025-06. The median price per square metre across all flat types is $4,675, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 705 Hougang Avenue 2?

Block 705 Hougang Avenue 2 was built in 1986 and has approximately 60 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 705 Hougang Avenue 2?

Block 705 Hougang Avenue 2 in Hougang contains executive flats. Resale prices range from $600,000 to $1,030,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 705 Hougang Avenue 2 gone up or down?

Resale prices at Block 705 Hougang Avenue 2 have increased by approximately 48.2% over the past five years. The current median price is $700,000, with the most recent sale at $1,030,000 in 2025-06.

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