Block 659 Hougang Avenue 8

Executive · Built 1988 · 64 years remaining lease MOP Cleared

Latest Sale

$838,000

Nov 2022 · EXECUTIVE · #01-03

Median $/sqm

$4,228

Based on 4 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 64 years remaining 99 years

64 years 10 months

Remaining lease

↓ 0.42%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.42%/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
Nov 2022	01 TO 03	EXECUTIVE	147 sqm	$838,000	$5,701
Jan 2020	01 TO 03	EXECUTIVE	147 sqm	$590,000	$4,014
Jun 2018	01 TO 03	EXECUTIVE	147 sqm	$620,000	$4,218
Apr 2017	01 TO 03	EXECUTIVE	155 sqm	$656,888	$4,238

Showing 4 of 4 transactions

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

About Block 659 Hougang Avenue 8

Block 659 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1988 with approximately 64 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $590,000 to $838,000 based on 4 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $838,000 in 2022-11. The current median price per square metre is $4,228. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8925, with an annual lease decay rate of approximately 0.42%. 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 659 Hougang Avenue 8 worth?

The most recent resale transaction at Block 659 Hougang Avenue 8 was $838,000 for a executive flat in 2022-11. The median price per square metre across all flat types is $4,228, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 659 Hougang Avenue 8?

Block 659 Hougang Avenue 8 was built in 1988 and has approximately 64 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 0.42%, meaning the leasehold value decreases by approximately 0.42% per year at the current remaining lease.

What flat types are available at Block 659 Hougang Avenue 8?

Block 659 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $590,000 to $838,000 based on historical transaction records from data.gov.sg.