Block 691 Hougang Street 61

3 Room · Built 1987 · 64 years remaining lease MOP Cleared
Latest Sale
$360,000
Aug 2022 · 3 ROOM · #04-06
Median $/sqm
$5,078
Based on 4 transactions
Total Transactions
4
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 64 years remaining 99 years
64 years 1 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/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
Aug 2022 04 TO 06 3 ROOM 64 sqm $360,000 $5,625
Jun 2022 01 TO 03 3 ROOM 64 sqm $350,000 $5,469
Oct 2021 01 TO 03 3 ROOM 64 sqm $288,000 $4,500
Aug 2021 04 TO 06 3 ROOM 64 sqm $300,000 $4,688
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 691 Hougang Street 61

Block 691 at Hougang Street 61 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 64 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $288,000 to $360,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $360,000 in 2022-08. The current median price per square metre is $5,078. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8897, with an annual lease decay rate of approximately 0.43%. 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 691 Hougang Street 61 worth?

The most recent resale transaction at Block 691 Hougang Street 61 was $360,000 for a 3 room flat in 2022-08. The median price per square metre across all flat types is $5,078, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 691 Hougang Street 61?

Block 691 Hougang Street 61 was built in 1987 and has approximately 64 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 691 Hougang Street 61?

Block 691 Hougang Street 61 in Hougang contains 3 room flats. Resale prices range from $288,000 to $360,000 based on historical transaction records from data.gov.sg.

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