Block 624 Hougang Avenue 8

4 Room · 5 Room · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$530,000
Jul 2025 · 4 ROOM · #10-12
Median $/sqm
$4,453
Based on 18 transactions
Total Transactions
18
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 60 years remaining 99 years
60 years 2 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 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
Jul 2025 10 TO 12 4 ROOM 84 sqm $530,000 $6,310
Dec 2024 07 TO 09 4 ROOM 84 sqm $492,000 $5,857
Aug 2024 01 TO 03 5 ROOM 122 sqm $660,000 $5,410
Feb 2024 01 TO 03 5 ROOM 122 sqm $605,000 $4,959
Oct 2023 07 TO 09 5 ROOM 122 sqm $648,000 $5,311
Apr 2023 04 TO 06 4 ROOM 84 sqm $448,000 $5,333
Sep 2022 10 TO 12 4 ROOM 103 sqm $518,000 $5,029
Jul 2022 07 TO 09 4 ROOM 103 sqm $498,000 $4,835
Jun 2022 04 TO 06 5 ROOM 122 sqm $598,000 $4,902
Mar 2020 01 TO 03 4 ROOM 84 sqm $318,000 $3,786
May 2019 10 TO 12 5 ROOM 122 sqm $462,000 $3,787
Nov 2018 01 TO 03 4 ROOM 84 sqm $310,000 $3,690
Jun 2018 01 TO 03 4 ROOM 84 sqm $315,000 $3,750
Apr 2018 07 TO 09 4 ROOM 84 sqm $342,000 $4,071
Mar 2018 07 TO 09 4 ROOM 84 sqm $338,000 $4,024
Feb 2018 01 TO 03 5 ROOM 122 sqm $435,000 $3,566
Apr 2017 10 TO 12 4 ROOM 103 sqm $402,000 $3,903
Mar 2017 10 TO 12 5 ROOM 122 sqm $478,000 $3,918
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 624 Hougang Avenue 8

Block 624 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 4 room, 5 room flats, with resale prices ranging from $310,000 to $660,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $530,000 in 2025-07. The current median price per square metre is $4,453. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8738, 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 624 Hougang Avenue 8 worth?

The most recent resale transaction at Block 624 Hougang Avenue 8 was $530,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $4,453, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 624 Hougang Avenue 8?

Block 624 Hougang Avenue 8 was built in 1986 and has approximately 60 years and 2 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 624 Hougang Avenue 8?

Block 624 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $310,000 to $660,000 based on historical transaction records from data.gov.sg.

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