Block 622 Hougang Avenue 8

Executive · Built 1986 · 60 years remaining lease MOP Cleared

Latest Sale

$956,000

Oct 2024 · EXECUTIVE · #01-03

Median $/sqm

$5,090

Based on 4 transactions

Total Transactions

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?

Storey Band

Flat Type

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.

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Lease Decay Projection

0 years 60 years remaining 99 years

60 years 6 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
Oct 2024	01 TO 03	EXECUTIVE	155 sqm	$956,000	$6,168
Jan 2024	01 TO 03	EXECUTIVE	148 sqm	$800,000	$5,405
Sep 2021	01 TO 03	EXECUTIVE	155 sqm	$740,000	$4,774
Sep 2018	01 TO 03	EXECUTIVE	154 sqm	$665,000	$4,318

Showing 4 of 4 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 622 Hougang Avenue 8

Block 622 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 executive flats, with resale prices ranging from $665,000 to $956,000 based on 4 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $956,000 in 2024-10. The current median price per square metre is $5,090. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8752, 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 622 Hougang Avenue 8 worth?

The most recent resale transaction at Block 622 Hougang Avenue 8 was $956,000 for a executive flat in 2024-10. The median price per square metre across all flat types is $5,090, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 622 Hougang Avenue 8?

Block 622 Hougang Avenue 8 was built in 1986 and has approximately 60 years and 6 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 622 Hougang Avenue 8?

Block 622 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $665,000 to $956,000 based on historical transaction records from data.gov.sg.