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Block 622 Hougang Avenue 8

Executive · Built 1986 · 58 years remaining lease MOP Cleared
Latest Sale
$865,000
May 2026 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,405
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
▲ +16.9%
Median price change
Median Price ?
Top 6%
#32 / 580 Top 6%
Latest Sale ?
Top 13%
#77 / 580 Top 13%
Value ($/sqm) ?
Top 23%
#132 / 580 Top 23%
5-Year Growth ?
Top 99%
#381 / 385 Top 99%
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
Market Appreciation
+3.2%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +16.9% 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 58 years remaining 99 years
58 years 11 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.53%/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 2026 01 TO 03 EXECUTIVE 148 sqm $865,000 $5,845
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 5 of 5 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 58 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $665,000 to $956,000 based on 5 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $865,000 in 2026-05. The current median price per square metre is $5,405. Over the past five years, resale prices at this block have increased by approximately 16.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8682, with an annual lease decay rate of approximately 0.53%. 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 $865,000 for a executive flat in 2026-05. The median price per square metre across all flat types is $5,405, based on 5 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 58 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% 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.

Have HDB prices at Block 622 Hougang Avenue 8 gone up or down?

Resale prices at Block 622 Hougang Avenue 8 have increased by approximately 16.9% over the past five years. The current median price is $800,000, with the most recent sale at $865,000 in 2026-05.

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