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Block 653 Hougang Avenue 8

5 Room · Built 1987 · 61 years remaining lease · Updated Jul 2025 MOP Cleared

Block 653 Hougang Avenue 8 has 10 recorded HDB resale transactions since 2017. Latest sale: $690,000 (Jul 2025, 5 room, floors 04–06). Median $4,000/sqm. Built 1987, 61 years lease remaining.

Latest Sale
$690,000
Jul 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$4,000
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 52%
#303 / 580 Top 52%
Latest Sale ?
Top 35%
#204 / 580 Top 35%
Value ($/sqm) ?
Top 96%
#556 / 580 Top 96%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 61 years remaining 99 years
61 years 5 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
5-Room $3,475 typically $3,200–$3,600 5.4% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 5 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
5 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 653 Hougang Avenue 8 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Hougang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2025 04 TO 06 5 ROOM 120 sqm $690,000 $5,750
Aug 2023 01 TO 03 5 ROOM 120 sqm $633,000 $5,275
Mar 2023 10 TO 12 5 ROOM 120 sqm $650,000 $5,417
Jan 2022 07 TO 09 5 ROOM 120 sqm $580,000 $4,833
Oct 2020 04 TO 06 5 ROOM 120 sqm $480,000 $4,000
Sep 2020 04 TO 06 5 ROOM 120 sqm $480,000 $4,000
Aug 2020 01 TO 03 5 ROOM 120 sqm $436,000 $3,633
Jul 2018 10 TO 12 5 ROOM 120 sqm $440,000 $3,667
Nov 2017 07 TO 09 5 ROOM 120 sqm $445,000 $3,708
Mar 2017 10 TO 12 5 ROOM 120 sqm $478,000 $3,983
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 653 Hougang Avenue 8

Block 653 Hougang Avenue 8 is an established HDB block in Hougang, built in 1987 with about 61 years remaining on its 99-year lease. Its $480,000 median tracks close to the Hougang town median. It has a relatively light resale record, with 10 transactions since 2017 across 5 room flats priced from $436,000 to $690,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $690,000 in Jul 2025, and the median works out to $4,000/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8791, an annual lease decay of about 0.48%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 653 Hougang Avenue 8 worth?

The most recent resale transaction at Block 653 Hougang Avenue 8 was $690,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $4,000, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 653 Hougang Avenue 8?

Block 653 Hougang Avenue 8 was built in 1987 and has approximately 61 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 653 Hougang Avenue 8?

Block 653 Hougang Avenue 8 in Hougang contains 5 room flats. Resale prices range from $436,000 to $690,000 based on historical transaction records from data.gov.sg.

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