Block 647 Hougang Avenue 8

Executive · Built 1987 · 65 years remaining lease MOP Cleared

Latest Sale

$648,888

Jul 2020 · EXECUTIVE · #01-03

Median $/sqm

$4,444

Based on 1 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 65 years remaining 99 years

65 years 9 months

Remaining lease

↓ 0.41%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/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 2020	01 TO 03	EXECUTIVE	146 sqm	$648,888	$4,444

Showing 1 of 1 transactions

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

About Block 647 Hougang Avenue 8

Block 647 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 65 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $648,888 to $648,888 based on 1 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $648,888 in 2020-07. The current median price per square metre is $4,444. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8958, with an annual lease decay rate of approximately 0.41%. 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 647 Hougang Avenue 8 worth?

The most recent resale transaction at Block 647 Hougang Avenue 8 was $648,888 for a executive flat in 2020-07. The median price per square metre across all flat types is $4,444, based on 1 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 647 Hougang Avenue 8?

Block 647 Hougang Avenue 8 was built in 1987 and has approximately 65 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 647 Hougang Avenue 8?

Block 647 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $648,888 to $648,888 based on historical transaction records from data.gov.sg.