Block 706 Hougang Avenue 2

4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$530,000
Mar 2026 · 4 ROOM · #01-03
Median $/sqm
$4,236
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
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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
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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 58 years remaining 99 years
58 years 9 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.53%/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
Mar 2026 01 TO 03 4 ROOM 91 sqm $530,000 $5,824
Oct 2025 04 TO 06 4 ROOM 91 sqm $575,000 $6,319
Aug 2025 01 TO 03 4 ROOM 91 sqm $526,000 $5,780
Apr 2025 01 TO 03 4 ROOM 94 sqm $566,800 $6,030
Jan 2025 04 TO 06 4 ROOM 91 sqm $525,000 $5,769
May 2024 01 TO 03 4 ROOM 97 sqm $516,000 $5,320
Mar 2023 01 TO 03 4 ROOM 94 sqm $475,000 $5,053
Mar 2022 10 TO 12 4 ROOM 94 sqm $429,700 $4,571
Dec 2020 10 TO 12 4 ROOM 94 sqm $366,000 $3,894
Oct 2020 04 TO 06 4 ROOM 91 sqm $310,000 $3,407
Jan 2020 01 TO 03 4 ROOM 91 sqm $309,000 $3,396
May 2019 01 TO 03 4 ROOM 94 sqm $310,000 $3,298
Feb 2019 07 TO 09 4 ROOM 93 sqm $350,000 $3,763
Nov 2018 04 TO 06 4 ROOM 91 sqm $340,000 $3,736
Dec 2017 07 TO 09 4 ROOM 93 sqm $328,888 $3,536
May 2017 07 TO 09 4 ROOM 91 sqm $355,000 $3,901
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 706 Hougang Avenue 2

Block 706 at Hougang Avenue 2 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $309,000 to $575,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $530,000 in 2026-03. The current median price per square metre is $4,236. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8675, with an annual lease decay rate of approximately 0.53%. 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 706 Hougang Avenue 2 worth?

The most recent resale transaction at Block 706 Hougang Avenue 2 was $530,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,236, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 706 Hougang Avenue 2?

Block 706 Hougang Avenue 2 was built in 1985 and has approximately 58 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 706 Hougang Avenue 2?

Block 706 Hougang Avenue 2 in Hougang contains 4 room flats. Resale prices range from $309,000 to $575,000 based on historical transaction records from data.gov.sg.

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