Block 503 Hougang Avenue 8

4 Room · 5 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$535,000
Nov 2025 · 4 ROOM · #01-03
Median $/sqm
$4,917
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +36.8%
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 60 years remaining 99 years
60 years 8 months
Remaining lease
↓ 0.50%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.50%/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
Nov 2025 01 TO 03 4 ROOM 84 sqm $535,000 $6,369
Sep 2025 07 TO 09 4 ROOM 103 sqm $670,000 $6,505
Jan 2025 07 TO 09 5 ROOM 121 sqm $808,888 $6,685
Jan 2025 04 TO 06 5 ROOM 121 sqm $746,880 $6,173
Nov 2024 04 TO 06 4 ROOM 84 sqm $528,888 $6,296
Nov 2024 07 TO 09 4 ROOM 84 sqm $535,000 $6,369
Apr 2023 01 TO 03 5 ROOM 121 sqm $550,000 $4,545
Feb 2023 01 TO 03 4 ROOM 84 sqm $462,000 $5,500
Jan 2023 01 TO 03 4 ROOM 89 sqm $440,000 $4,944
Dec 2022 04 TO 06 4 ROOM 84 sqm $450,000 $5,357
Aug 2022 07 TO 09 4 ROOM 84 sqm $465,000 $5,536
Aug 2022 07 TO 09 5 ROOM 121 sqm $595,000 $4,917
Jan 2022 10 TO 12 4 ROOM 84 sqm $415,000 $4,940
Apr 2021 04 TO 06 5 ROOM 121 sqm $518,000 $4,281
Dec 2020 07 TO 09 5 ROOM 121 sqm $508,000 $4,198
Sep 2020 01 TO 03 5 ROOM 121 sqm $480,000 $3,967
Aug 2020 01 TO 03 4 ROOM 84 sqm $321,000 $3,821
Jun 2020 07 TO 09 5 ROOM 121 sqm $503,888 $4,164
Feb 2020 07 TO 09 4 ROOM 103 sqm $400,000 $3,883
Feb 2020 04 TO 06 4 ROOM 84 sqm $335,000 $3,988
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 503 Hougang Avenue 8

Block 503 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $321,000 to $808,888 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $535,000 in 2025-11. The current median price per square metre is $4,917. Over the past five years, resale prices at this block have increased by approximately 36.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8759, with an annual lease decay rate of approximately 0.50%. 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 503 Hougang Avenue 8 worth?

The most recent resale transaction at Block 503 Hougang Avenue 8 was $535,000 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $4,917, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 503 Hougang Avenue 8?

Block 503 Hougang Avenue 8 was built in 1987 and has approximately 60 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.

What flat types are available at Block 503 Hougang Avenue 8?

Block 503 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $321,000 to $808,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 503 Hougang Avenue 8 gone up or down?

Resale prices at Block 503 Hougang Avenue 8 have increased by approximately 36.8% over the past five years. The current median price is $503,888, with the most recent sale at $535,000 in 2025-11.

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