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Block 709 Hougang Avenue 2

3 Room · 4 Room · Built 1985 · 58 years remaining lease · Updated Apr 2026 MOP Cleared

Block 709 Hougang Avenue 2 has 27 recorded HDB resale transactions since 2017. Latest sale: $588,888 (Apr 2026, 4 room, floors 07–09). Median $4,030/sqm. Prices up 56.4% over the past five years. Built 1985, 58 years lease remaining.

How this block compares

  • 4 Room$573,888
    −7.7%vs town(−$48k)−8.9%vs national(−$56k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$588,888
Apr 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,030
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +56.4%
Median price change
Median Price ?
Top 91%
#529 / 580 Top 91%
Latest Sale ?
Top 62%
#357 / 580 Top 62%
Value ($/sqm) ?
Top 95%
#549 / 580 Top 95%
5-Year Growth ?
Top 4%
#16 / 395 Top 4%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+9.4%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +56.4% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 58 years remaining 99 years
58 years 4 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,700 typically $2,450–$2,900 7.1% Hougang avg · block too thin
4-Room $3,300 typically $3,250–$3,400 6.7% 5 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 709 Hougang Avenue 2 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Hougang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 07 TO 09 4 ROOM 91 sqm $588,888 $6,471
Sep 2025 01 TO 03 4 ROOM 91 sqm $558,888 $6,142
Jul 2025 07 TO 09 4 ROOM 91 sqm $588,000 $6,462
May 2024 04 TO 06 4 ROOM 91 sqm $530,500 $5,830
Mar 2024 10 TO 12 4 ROOM 91 sqm $538,000 $5,912
Feb 2024 04 TO 06 4 ROOM 91 sqm $508,000 $5,582
Feb 2024 04 TO 06 4 ROOM 93 sqm $525,000 $5,645
Jan 2024 01 TO 03 4 ROOM 93 sqm $485,000 $5,215
Sep 2023 04 TO 06 3 ROOM 67 sqm $390,000 $5,821
Jul 2023 04 TO 06 4 ROOM 91 sqm $450,000 $4,945
Dec 2022 04 TO 06 4 ROOM 99 sqm $480,000 $4,848
Apr 2022 04 TO 06 3 ROOM 67 sqm $325,000 $4,851
Jun 2021 10 TO 12 4 ROOM 91 sqm $402,000 $4,418
Feb 2021 01 TO 03 4 ROOM 93 sqm $350,000 $3,763
Jul 2020 04 TO 06 4 ROOM 91 sqm $350,000 $3,846
Feb 2020 07 TO 09 3 ROOM 67 sqm $268,000 $4,000
Feb 2020 07 TO 09 4 ROOM 91 sqm $345,000 $3,791
Feb 2020 07 TO 09 4 ROOM 91 sqm $338,000 $3,714
Jul 2019 01 TO 03 4 ROOM 91 sqm $318,000 $3,495
Apr 2019 07 TO 09 3 ROOM 67 sqm $270,000 $4,030
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 709 Hougang Avenue 2

Block 709 Hougang Avenue 2 in Hougang dates to 1985 and now has roughly 58 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 27% below the Hougang median, cheaper than about 91% of the town's blocks. It has a regular flow of resale activity, with 27 transactions since 2017 across 3 room, 4 room flats priced from $268,000 to $588,888. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $588,888 in Apr 2026, and the median works out to $4,030/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 19% above the 01 TO 03 band. Over five years, prices here are up about 56.4%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 709 Hougang Avenue 2 worth?

The most recent resale transaction at Block 709 Hougang Avenue 2 was $588,888 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $4,030, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 709 Hougang Avenue 2?

Block 709 Hougang Avenue 2 was built in 1985 and has approximately 58 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 709 Hougang Avenue 2?

Block 709 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $268,000 to $588,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 709 Hougang Avenue 2 gone up or down?

Resale prices at Block 709 Hougang Avenue 2 have increased by approximately 56.4% over the past five years. The current median price is $355,000, with the most recent sale at $588,888 in 2026-04.

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