Block 639 Hougang Avenue 8

Executive · Built 1987 · 63 years remaining lease MOP Cleared

Latest Sale

$715,000

Apr 2022 · EXECUTIVE · #01-03

Median $/sqm

$4,831

Based on 5 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 63 years remaining 99 years

63 years 10 months

Remaining lease

↓ 0.44%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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
Apr 2022	01 TO 03	EXECUTIVE	148 sqm	$715,000	$4,831
Dec 2021	01 TO 03	EXECUTIVE	148 sqm	$730,000	$4,932
Mar 2020	01 TO 03	EXECUTIVE	154 sqm	$765,000	$4,968
Oct 2018	01 TO 03	EXECUTIVE	148 sqm	$630,000	$4,257
Jun 2017	01 TO 03	EXECUTIVE	148 sqm	$628,888	$4,249

Showing 5 of 5 transactions

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

About Block 639 Hougang Avenue 8

Block 639 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 63 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $628,888 to $765,000 based on 5 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $715,000 in 2022-04. The current median price per square metre is $4,831. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8887, with an annual lease decay rate of approximately 0.44%. 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 639 Hougang Avenue 8 worth?

The most recent resale transaction at Block 639 Hougang Avenue 8 was $715,000 for a executive flat in 2022-04. The median price per square metre across all flat types is $4,831, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 639 Hougang Avenue 8?

Block 639 Hougang Avenue 8 was built in 1987 and has approximately 63 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 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 639 Hougang Avenue 8?

Block 639 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $628,888 to $765,000 based on historical transaction records from data.gov.sg.