Block 708 Hougang Avenue 2

3 Room · 4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$595,000
Dec 2025 · 4 ROOM · #07-09
Median $/sqm
$4,547
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +79.2%
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 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
Dec 2025 07 TO 09 4 ROOM 93 sqm $595,000 $6,398
Aug 2025 01 TO 03 4 ROOM 99 sqm $540,000 $5,455
Jun 2025 04 TO 06 4 ROOM 91 sqm $551,000 $6,055
Jun 2024 04 TO 06 4 ROOM 95 sqm $530,000 $5,579
Jan 2024 01 TO 03 4 ROOM 91 sqm $478,500 $5,258
Sep 2023 04 TO 06 4 ROOM 91 sqm $500,000 $5,495
Mar 2023 01 TO 03 4 ROOM 99 sqm $480,000 $4,848
Oct 2022 01 TO 03 4 ROOM 98 sqm $423,000 $4,316
Oct 2022 01 TO 03 4 ROOM 97 sqm $455,000 $4,691
Sep 2022 04 TO 06 4 ROOM 91 sqm $457,000 $5,022
May 2021 01 TO 03 3 ROOM 67 sqm $320,000 $4,776
Mar 2021 04 TO 06 3 ROOM 67 sqm $295,000 $4,403
Feb 2020 04 TO 06 4 ROOM 91 sqm $309,000 $3,396
Jan 2020 04 TO 06 4 ROOM 95 sqm $308,000 $3,242
Jun 2019 04 TO 06 4 ROOM 91 sqm $335,000 $3,681
Apr 2018 01 TO 03 4 ROOM 91 sqm $332,000 $3,648
Oct 2017 07 TO 09 4 ROOM 91 sqm $375,000 $4,121
Sep 2017 01 TO 03 4 ROOM 99 sqm $365,000 $3,687
Jul 2017 01 TO 03 4 ROOM 91 sqm $335,000 $3,681
Jun 2017 07 TO 09 4 ROOM 93 sqm $375,000 $4,032
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 708 Hougang Avenue 2

Block 708 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 3 room, 4 room flats, with resale prices ranging from $295,000 to $595,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $595,000 in 2025-12. The current median price per square metre is $4,547. Over the past five years, resale prices at this block have increased by approximately 79.2%. 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 708 Hougang Avenue 2 worth?

The most recent resale transaction at Block 708 Hougang Avenue 2 was $595,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,547, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 708 Hougang Avenue 2?

Block 708 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 708 Hougang Avenue 2?

Block 708 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $295,000 to $595,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 708 Hougang Avenue 2 gone up or down?

Resale prices at Block 708 Hougang Avenue 2 have increased by approximately 79.2% over the past five years. The current median price is $399,000, with the most recent sale at $595,000 in 2025-12.

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