Block 540 Hougang Avenue 8

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$630,000
Sep 2025 · 5 ROOM · #04-06
Median $/sqm
$4,809
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
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Insufficient data
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 63 years remaining 99 years
63 years 4 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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 5 ROOM 121 sqm $630,000 $5,207
Sep 2025 01 TO 03 5 ROOM 121 sqm $708,000 $5,851
Feb 2025 10 TO 12 4 ROOM 104 sqm $670,000 $6,442
May 2024 04 TO 06 4 ROOM 104 sqm $540,000 $5,192
Aug 2023 01 TO 03 5 ROOM 121 sqm $582,000 $4,810
Mar 2023 04 TO 06 4 ROOM 104 sqm $500,000 $4,808
Mar 2023 10 TO 12 4 ROOM 104 sqm $548,000 $5,269
Jan 2023 07 TO 09 4 ROOM 104 sqm $538,000 $5,173
Jan 2023 04 TO 06 5 ROOM 121 sqm $588,000 $4,860
Apr 2022 07 TO 09 5 ROOM 121 sqm $608,000 $5,025
Apr 2022 07 TO 09 5 ROOM 121 sqm $608,000 $5,025
Mar 2022 10 TO 12 5 ROOM 121 sqm $570,000 $4,711
Feb 2022 01 TO 03 4 ROOM 104 sqm $420,000 $4,038
Jan 2022 07 TO 09 5 ROOM 121 sqm $577,000 $4,769
Nov 2020 01 TO 03 5 ROOM 121 sqm $458,000 $3,785
Apr 2019 10 TO 12 4 ROOM 104 sqm $438,000 $4,212
Oct 2018 10 TO 12 4 ROOM 104 sqm $410,000 $3,942
Jan 2018 07 TO 09 4 ROOM 104 sqm $400,000 $3,846
Sep 2017 01 TO 03 4 ROOM 104 sqm $335,000 $3,221
Aug 2017 10 TO 12 4 ROOM 104 sqm $390,000 $3,750
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 540 Hougang Avenue 8

Block 540 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $335,000 to $708,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $630,000 in 2025-09. The current median price per square metre is $4,809. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8868, with an annual lease decay rate of approximately 0.45%. 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 540 Hougang Avenue 8 worth?

The most recent resale transaction at Block 540 Hougang Avenue 8 was $630,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $4,809, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 540 Hougang Avenue 8?

Block 540 Hougang Avenue 8 was built in 1989 and has approximately 63 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 540 Hougang Avenue 8?

Block 540 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $335,000 to $708,000 based on historical transaction records from data.gov.sg.

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