Block 523 Hougang Avenue 6

3 Room · 4 Room · Built 1986 · 61 years remaining lease MOP Cleared
Latest Sale
$445,000
Aug 2024 · 3 ROOM · #01-03
Median $/sqm
$4,568
Based on 19 transactions
Total Transactions
19
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 61 years remaining 99 years
61 years 3 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/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
Aug 2024 01 TO 03 3 ROOM 74 sqm $445,000 $6,014
Jul 2024 10 TO 12 3 ROOM 74 sqm $488,000 $6,595
Jun 2024 04 TO 06 3 ROOM 74 sqm $445,000 $6,014
Jan 2024 07 TO 09 4 ROOM 105 sqm $580,000 $5,524
Mar 2023 04 TO 06 3 ROOM 74 sqm $435,000 $5,878
Sep 2022 01 TO 03 3 ROOM 74 sqm $390,000 $5,270
Mar 2022 04 TO 06 4 ROOM 105 sqm $500,000 $4,762
Jan 2022 01 TO 03 3 ROOM 74 sqm $400,000 $5,405
Apr 2021 04 TO 06 3 ROOM 74 sqm $322,000 $4,351
Apr 2021 01 TO 03 4 ROOM 104 sqm $442,000 $4,250
Feb 2021 04 TO 06 3 ROOM 74 sqm $320,000 $4,324
Oct 2018 07 TO 09 3 ROOM 74 sqm $346,000 $4,676
Oct 2018 10 TO 12 4 ROOM 105 sqm $438,000 $4,171
Sep 2018 04 TO 06 3 ROOM 74 sqm $297,000 $4,014
Sep 2018 04 TO 06 3 ROOM 74 sqm $320,000 $4,324
May 2017 01 TO 03 3 ROOM 74 sqm $332,000 $4,486
Apr 2017 07 TO 09 4 ROOM 104 sqm $465,000 $4,471
Mar 2017 10 TO 12 3 ROOM 74 sqm $333,000 $4,500
Mar 2017 01 TO 03 3 ROOM 74 sqm $338,000 $4,568
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 523 Hougang Avenue 6

Block 523 at Hougang Avenue 6 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 61 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $297,000 to $580,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $445,000 in 2024-08. The current median price per square metre is $4,568. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8784, with an annual lease decay rate of approximately 0.48%. 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 523 Hougang Avenue 6 worth?

The most recent resale transaction at Block 523 Hougang Avenue 6 was $445,000 for a 3 room flat in 2024-08. The median price per square metre across all flat types is $4,568, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 523 Hougang Avenue 6?

Block 523 Hougang Avenue 6 was built in 1986 and has approximately 61 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 523 Hougang Avenue 6?

Block 523 Hougang Avenue 6 in Hougang contains 3 room, 4 room flats. Resale prices range from $297,000 to $580,000 based on historical transaction records from data.gov.sg.

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