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Block 621 Hougang Avenue 8

Executive · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$950,000
May 2025 · EXECUTIVE · #01-03
Median $/sqm
$4,202
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
▲ +31.9%
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 59 years remaining 99 years
59 years 10 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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
May 2025 01 TO 03 EXECUTIVE 155 sqm $950,000 $6,129
Jul 2021 01 TO 03 EXECUTIVE 148 sqm $720,000 $4,865
Jan 2020 01 TO 03 EXECUTIVE 147 sqm $605,000 $4,116
Sep 2018 01 TO 03 EXECUTIVE 155 sqm $650,000 $4,194
May 2018 01 TO 03 EXECUTIVE 148 sqm $621,888 $4,202
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 621 Hougang Avenue 8

Block 621 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $605,000 to $950,000 based on 5 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $950,000 in 2025-05. The current median price per square metre is $4,202. Over the past five years, resale prices at this block have increased by approximately 31.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8723, with an annual lease decay rate of approximately 0.51%. 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 621 Hougang Avenue 8 worth?

The most recent resale transaction at Block 621 Hougang Avenue 8 was $950,000 for a executive flat in 2025-05. The median price per square metre across all flat types is $4,202, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 621 Hougang Avenue 8?

Block 621 Hougang Avenue 8 was built in 1986 and has approximately 59 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 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 621 Hougang Avenue 8?

Block 621 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $605,000 to $950,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 621 Hougang Avenue 8 gone up or down?

Resale prices at Block 621 Hougang Avenue 8 have increased by approximately 31.9% over the past five years. The current median price is $650,000, with the most recent sale at $950,000 in 2025-05.

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