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Block 507 Hougang Avenue 8

4 Room · Built 1986 · 60 years remaining lease · Updated Feb 2025 MOP Cleared

Block 507 Hougang Avenue 8 has 15 recorded HDB resale transactions since 2017. Latest sale: $530,000 (Feb 2025, 4 room, floors 01–03). Median $5,189/sqm. Prices up 44% over the past five years. Built 1986, 60 years lease remaining.

Latest Sale
$530,000
Feb 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$5,189
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +44%
Median price change
Median Price ?
Top 66%
#383 / 580 Top 66%
Latest Sale ?
Top 74%
#430 / 580 Top 74%
Value ($/sqm) ?
Top 30%
#176 / 580 Top 30%
5-Year Growth ?
Top 27%
#106 / 395 Top 27%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+7.6%/yr
vs
Lease Decay
−0.50%/yr
Growth assumption
Based on this block’s +44% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,000–$3,450 6.2% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 5 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
5 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 507 Hougang Avenue 8 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Hougang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Hougang Avenue 8 in Hougang has been a strong performer, with resale prices up roughly 44% over five years. Its median sits about 11% below the Hougang median, cheaper than about 66% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 4 room flats priced from $318,000 to $588,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $530,000 in Feb 2025, and the median works out to $5,189/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 17% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8759, an annual lease decay of about 0.50%. All transaction data is sourced from data.gov.sg and 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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