Block 507 Hougang Avenue 8

4 Room · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$530,000
Feb 2025 · 4 ROOM · #01-03
Median $/sqm
$5,189
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +44%
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
Feb 2025 01 TO 03 4 ROOM 84 sqm $530,000 $6,310
Apr 2024 04 TO 06 4 ROOM 104 sqm $570,000 $5,481
Nov 2023 07 TO 09 4 ROOM 103 sqm $575,000 $5,583
Apr 2023 04 TO 06 4 ROOM 84 sqm $488,888 $5,820
Mar 2023 04 TO 06 4 ROOM 84 sqm $435,888 $5,189
Mar 2023 01 TO 03 4 ROOM 84 sqm $475,000 $5,655
Mar 2023 10 TO 12 4 ROOM 104 sqm $588,000 $5,654
Feb 2023 10 TO 12 4 ROOM 84 sqm $485,000 $5,774
Jun 2021 01 TO 03 4 ROOM 84 sqm $368,000 $4,381
Feb 2019 01 TO 03 4 ROOM 103 sqm $360,000 $3,495
Jan 2019 04 TO 06 4 ROOM 90 sqm $370,000 $4,111
Sep 2018 10 TO 12 4 ROOM 84 sqm $360,000 $4,286
Apr 2018 10 TO 12 4 ROOM 84 sqm $370,000 $4,405
Mar 2018 01 TO 03 4 ROOM 84 sqm $340,000 $4,048
Sep 2017 01 TO 03 4 ROOM 84 sqm $318,000 $3,786
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 507 Hougang Avenue 8

Block 507 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 60 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $318,000 to $588,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $530,000 in 2025-02. The current median price per square metre is $5,189. Over the past five years, resale prices at this block have increased by approximately 44%. 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 507 Hougang Avenue 8 worth?

The most recent resale transaction at Block 507 Hougang Avenue 8 was $530,000 for a 4 room flat in 2025-02. The median price per square metre across all flat types is $5,189, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 507 Hougang Avenue 8?

Block 507 Hougang Avenue 8 was built in 1986 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 507 Hougang Avenue 8?

Block 507 Hougang Avenue 8 in Hougang contains 4 room flats. Resale prices range from $318,000 to $588,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 507 Hougang Avenue 8 gone up or down?

Resale prices at Block 507 Hougang Avenue 8 have increased by approximately 44% over the past five years. The current median price is $435,888, with the most recent sale at $530,000 in 2025-02.

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