Block 656 Hougang Avenue 8

Executive · Built 1987 · 61 years remaining lease MOP Cleared
Latest Sale
$950,000
Oct 2024 · EXECUTIVE · #01-03
Median $/sqm
$5,540
Based on 6 transactions
Total Transactions
6
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 61 years remaining 99 years
61 years 8 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.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2024 01 TO 03 EXECUTIVE 151 sqm $950,000 $6,291
Mar 2024 01 TO 03 EXECUTIVE 146 sqm $830,000 $5,685
Sep 2023 01 TO 03 EXECUTIVE 146 sqm $820,000 $5,616
Mar 2023 01 TO 03 EXECUTIVE 151 sqm $825,000 $5,464
Nov 2020 01 TO 03 EXECUTIVE 146 sqm $655,000 $4,486
Aug 2020 01 TO 03 EXECUTIVE 146 sqm $638,000 $4,370
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 656 Hougang Avenue 8

Block 656 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 61 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $638,000 to $950,000 based on 6 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $950,000 in 2024-10. The current median price per square metre is $5,540. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8801, with an annual lease decay rate of approximately 0.48%. 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 656 Hougang Avenue 8 worth?

The most recent resale transaction at Block 656 Hougang Avenue 8 was $950,000 for a executive flat in 2024-10. The median price per square metre across all flat types is $5,540, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 656 Hougang Avenue 8?

Block 656 Hougang Avenue 8 was built in 1987 and has approximately 61 years and 8 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 656 Hougang Avenue 8?

Block 656 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $638,000 to $950,000 based on historical transaction records from data.gov.sg.

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