Block 697 Hougang Street 61

4 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$560,000
Jul 2025 · 4 ROOM · #10-12
Median $/sqm
$4,939
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +43.6%
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 60 years remaining 99 years
60 years 11 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/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
Jul 2025 10 TO 12 4 ROOM 84 sqm $560,000 $6,667
Nov 2024 01 TO 03 4 ROOM 84 sqm $505,000 $6,012
Jul 2024 01 TO 03 4 ROOM 84 sqm $500,000 $5,952
Jun 2024 10 TO 12 4 ROOM 89 sqm $550,000 $6,180
Mar 2024 01 TO 03 4 ROOM 85 sqm $485,000 $5,706
Mar 2024 04 TO 06 4 ROOM 89 sqm $518,888 $5,830
Oct 2023 10 TO 12 4 ROOM 89 sqm $490,000 $5,506
Mar 2023 07 TO 09 4 ROOM 84 sqm $430,000 $5,119
Mar 2023 10 TO 12 4 ROOM 84 sqm $435,000 $5,179
Nov 2022 13 TO 15 4 ROOM 89 sqm $452,000 $5,079
Mar 2022 01 TO 03 4 ROOM 84 sqm $399,000 $4,750
Sep 2021 04 TO 06 4 ROOM 84 sqm $388,000 $4,619
Aug 2021 04 TO 06 4 ROOM 85 sqm $408,000 $4,800
Apr 2021 04 TO 06 4 ROOM 89 sqm $390,000 $4,382
Jul 2020 10 TO 12 4 ROOM 89 sqm $360,000 $4,045
Dec 2019 13 TO 15 4 ROOM 89 sqm $350,000 $3,933
Oct 2019 04 TO 06 4 ROOM 84 sqm $335,000 $3,988
Oct 2019 01 TO 03 4 ROOM 89 sqm $343,000 $3,854
Feb 2019 01 TO 03 4 ROOM 84 sqm $325,000 $3,869
Nov 2018 07 TO 09 4 ROOM 84 sqm $330,000 $3,929
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 697 Hougang Street 61

Block 697 at Hougang Street 61 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $325,000 to $560,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $560,000 in 2025-07. The current median price per square metre is $4,939. Over the past five years, resale prices at this block have increased by approximately 43.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8770, with an annual lease decay rate of approximately 0.49%. 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 697 Hougang Street 61 worth?

The most recent resale transaction at Block 697 Hougang Street 61 was $560,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $4,939, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 697 Hougang Street 61?

Block 697 Hougang Street 61 was built in 1987 and has approximately 60 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 697 Hougang Street 61?

Block 697 Hougang Street 61 in Hougang contains 4 room flats. Resale prices range from $325,000 to $560,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 697 Hougang Street 61 gone up or down?

Resale prices at Block 697 Hougang Street 61 have increased by approximately 43.6% over the past five years. The current median price is $419,000, with the most recent sale at $560,000 in 2025-07.

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