Block 501 Hougang Avenue 8

3 Room · 4 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$440,000
Sep 2025 · 3 ROOM · #04-06
Median $/sqm
$5,469
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +20.8%
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 59 years remaining 99 years
59 years 9 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 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
Sep 2025 04 TO 06 3 ROOM 64 sqm $440,000 $6,875
Jun 2025 04 TO 06 3 ROOM 64 sqm $448,000 $7,000
Feb 2025 01 TO 03 4 ROOM 89 sqm $570,000 $6,404
Dec 2024 07 TO 09 3 ROOM 64 sqm $420,000 $6,563
Sep 2024 07 TO 09 3 ROOM 64 sqm $430,000 $6,719
Dec 2023 04 TO 06 3 ROOM 64 sqm $385,000 $6,016
Nov 2023 04 TO 06 3 ROOM 64 sqm $398,888 $6,233
Sep 2023 07 TO 09 3 ROOM 64 sqm $390,000 $6,094
Aug 2023 04 TO 06 4 ROOM 89 sqm $508,000 $5,708
Jun 2023 04 TO 06 4 ROOM 84 sqm $468,000 $5,571
Apr 2023 07 TO 09 4 ROOM 84 sqm $500,000 $5,952
Sep 2022 04 TO 06 3 ROOM 64 sqm $370,000 $5,781
Jun 2022 07 TO 09 3 ROOM 64 sqm $360,000 $5,625
Jan 2022 01 TO 03 3 ROOM 64 sqm $327,000 $5,109
Nov 2021 04 TO 06 3 ROOM 64 sqm $330,000 $5,156
Nov 2021 07 TO 09 3 ROOM 64 sqm $350,000 $5,469
Sep 2021 07 TO 09 4 ROOM 84 sqm $425,000 $5,060
Aug 2021 07 TO 09 3 ROOM 64 sqm $325,000 $5,078
Apr 2021 07 TO 09 4 ROOM 84 sqm $400,000 $4,762
Jan 2021 07 TO 09 4 ROOM 84 sqm $392,000 $4,667
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 501 Hougang Avenue 8

Block 501 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $260,000 to $570,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $440,000 in 2025-09. The current median price per square metre is $5,469. Over the past five years, resale prices at this block have increased by approximately 20.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8720, 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 501 Hougang Avenue 8 worth?

The most recent resale transaction at Block 501 Hougang Avenue 8 was $440,000 for a 3 room flat in 2025-09. The median price per square metre across all flat types is $5,469, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 501 Hougang Avenue 8?

Block 501 Hougang Avenue 8 was built in 1986 and has approximately 59 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 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 501 Hougang Avenue 8?

Block 501 Hougang Avenue 8 in Hougang contains 3 room, 4 room flats. Resale prices range from $260,000 to $570,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 501 Hougang Avenue 8 gone up or down?

Resale prices at Block 501 Hougang Avenue 8 have increased by approximately 20.8% over the past five years. The current median price is $385,000, with the most recent sale at $440,000 in 2025-09.

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