Block 568 Hougang Street 51

4 Room · 5 Room · Built 1997 · 70 years remaining lease MOP Cleared
Latest Sale
$818,000
Oct 2025 · 5 ROOM · #16-18
Median $/sqm
$4,545
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +46.4%
Median price change
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 70 years remaining 99 years
70 years 6 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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 2025 16 TO 18 5 ROOM 117 sqm $818,000 $6,991
Oct 2025 07 TO 09 5 ROOM 117 sqm $698,888 $5,973
May 2024 07 TO 09 5 ROOM 117 sqm $685,000 $5,855
Jan 2024 01 TO 03 4 ROOM 101 sqm $500,000 $4,950
Jan 2024 07 TO 09 4 ROOM 98 sqm $560,000 $5,714
Aug 2023 04 TO 06 4 ROOM 100 sqm $500,000 $5,000
May 2023 01 TO 03 4 ROOM 101 sqm $498,000 $4,931
May 2023 10 TO 12 4 ROOM 100 sqm $530,000 $5,300
Dec 2022 04 TO 06 4 ROOM 99 sqm $460,000 $4,646
Mar 2022 04 TO 06 4 ROOM 100 sqm $455,000 $4,550
Feb 2022 04 TO 06 5 ROOM 118 sqm $575,000 $4,873
Jan 2022 10 TO 12 4 ROOM 99 sqm $450,000 $4,545
Oct 2021 04 TO 06 5 ROOM 117 sqm $532,000 $4,547
Jul 2021 01 TO 03 4 ROOM 100 sqm $420,000 $4,200
Jun 2021 07 TO 09 5 ROOM 117 sqm $518,000 $4,427
Nov 2020 16 TO 18 5 ROOM 117 sqm $500,000 $4,274
Nov 2019 07 TO 09 4 ROOM 100 sqm $390,000 $3,900
May 2019 07 TO 09 4 ROOM 99 sqm $415,000 $4,192
Mar 2019 13 TO 15 5 ROOM 117 sqm $480,000 $4,103
Feb 2019 10 TO 12 4 ROOM 100 sqm $368,888 $3,689
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 568 Hougang Street 51

Block 568 at Hougang Street 51 is a residential HDB block in Hougang, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $368,888 to $818,000 based on 25 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 16 TO 18 sold for $818,000 in 2025-10. The current median price per square metre is $4,545. Over the past five years, resale prices at this block have increased by approximately 46.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9115, with an annual lease decay rate of approximately 0.34%. 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 568 Hougang Street 51 worth?

The most recent resale transaction at Block 568 Hougang Street 51 was $818,000 for a 5 room flat in 2025-10. The median price per square metre across all flat types is $4,545, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 568 Hougang Street 51?

Block 568 Hougang Street 51 was built in 1997 and has approximately 70 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 568 Hougang Street 51?

Block 568 Hougang Street 51 in Hougang contains 4 room, 5 room flats. Resale prices range from $368,888 to $818,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 568 Hougang Street 51 gone up or down?

Resale prices at Block 568 Hougang Street 51 have increased by approximately 46.4% over the past five years. The current median price is $480,000, with the most recent sale at $818,000 in 2025-10.

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