Block 506 Hougang Avenue 8

4 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$555,000
Jun 2025 · 4 ROOM · #10-12
Median $/sqm
$5,056
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +24.4%
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 10 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/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
Jun 2025 10 TO 12 4 ROOM 84 sqm $555,000 $6,607
May 2025 10 TO 12 4 ROOM 84 sqm $559,888 $6,665
Apr 2025 01 TO 03 4 ROOM 103 sqm $618,000 $6,000
Nov 2024 07 TO 09 4 ROOM 84 sqm $520,000 $6,190
Mar 2024 04 TO 06 4 ROOM 84 sqm $500,000 $5,952
Feb 2024 04 TO 06 4 ROOM 104 sqm $590,000 $5,673
Dec 2023 07 TO 09 4 ROOM 84 sqm $500,000 $5,952
Sep 2023 01 TO 03 4 ROOM 103 sqm $528,000 $5,126
Jan 2023 07 TO 09 4 ROOM 104 sqm $520,000 $5,000
Dec 2022 01 TO 03 4 ROOM 89 sqm $450,000 $5,056
Sep 2022 04 TO 06 4 ROOM 84 sqm $430,000 $5,119
Jun 2022 07 TO 09 4 ROOM 103 sqm $560,000 $5,437
Nov 2021 07 TO 09 4 ROOM 84 sqm $450,000 $5,357
Jul 2020 04 TO 06 4 ROOM 104 sqm $424,000 $4,077
Jan 2020 10 TO 12 4 ROOM 84 sqm $361,000 $4,298
Jun 2019 07 TO 09 4 ROOM 84 sqm $340,000 $4,048
Nov 2018 07 TO 09 4 ROOM 90 sqm $368,000 $4,089
Aug 2018 04 TO 06 4 ROOM 84 sqm $300,000 $3,571
Feb 2018 07 TO 09 4 ROOM 103 sqm $415,000 $4,029
Dec 2017 10 TO 12 4 ROOM 84 sqm $383,000 $4,560
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 506 Hougang Avenue 8

Block 506 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 flats, with resale prices ranging from $300,000 to $618,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $555,000 in 2025-06. The current median price per square metre is $5,056. Over the past five years, resale prices at this block have increased by approximately 24.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8767, with an annual lease decay rate of approximately 0.49%. 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 506 Hougang Avenue 8 worth?

The most recent resale transaction at Block 506 Hougang Avenue 8 was $555,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $5,056, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 506 Hougang Avenue 8?

Block 506 Hougang Avenue 8 was built in 1987 and has approximately 60 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 506 Hougang Avenue 8?

Block 506 Hougang Avenue 8 in Hougang contains 4 room flats. Resale prices range from $300,000 to $618,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 506 Hougang Avenue 8 gone up or down?

Resale prices at Block 506 Hougang Avenue 8 have increased by approximately 24.4% over the past five years. The current median price is $450,000, with the most recent sale at $555,000 in 2025-06.

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