Block 542 Hougang Avenue 8

4 Room · 5 Room · Built 1992 · 68 years remaining lease MOP Cleared
Latest Sale
$700,100
Sep 2023 · 4 ROOM · #10-12
Median $/sqm
$4,133
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 542
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 68 years remaining 99 years
68 years
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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 2023 10 TO 12 4 ROOM 103 sqm $700,100 $6,797
Oct 2022 04 TO 06 4 ROOM 103 sqm $495,000 $4,806
Sep 2022 01 TO 03 4 ROOM 103 sqm $480,000 $4,660
Jul 2022 01 TO 03 4 ROOM 103 sqm $498,000 $4,835
Apr 2022 01 TO 03 5 ROOM 123 sqm $568,000 $4,618
Nov 2020 04 TO 06 4 ROOM 103 sqm $420,000 $4,078
Dec 2019 07 TO 09 5 ROOM 120 sqm $472,500 $3,938
Mar 2019 04 TO 06 5 ROOM 123 sqm $470,000 $3,821
Feb 2019 07 TO 09 4 ROOM 109 sqm $368,000 $3,376
Oct 2018 01 TO 03 4 ROOM 103 sqm $366,000 $3,553
Sep 2018 04 TO 06 4 ROOM 103 sqm $385,000 $3,738
Mar 2017 04 TO 06 5 ROOM 120 sqm $502,500 $4,188
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 542 Hougang Avenue 8

Block 542 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1992 with approximately 68 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $366,000 to $700,100 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $700,100 in 2023-09. The current median price per square metre is $4,133. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9036, with an annual lease decay rate of approximately 0.37%. 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 542 Hougang Avenue 8 worth?

The most recent resale transaction at Block 542 Hougang Avenue 8 was $700,100 for a 4 room flat in 2023-09. The median price per square metre across all flat types is $4,133, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 542 Hougang Avenue 8?

Block 542 Hougang Avenue 8 was built in 1992 and has approximately 68 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 542 Hougang Avenue 8?

Block 542 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $366,000 to $700,100 based on historical transaction records from data.gov.sg.

Link copied to clipboard