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Block 108 Hougang Avenue 1

3 Room · Built 1984 · 61 years remaining lease MOP Cleared
Latest Sale
$330,000
Dec 2021 · 3 ROOM · Floor 04-06
Median $/sqm
$4,179
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 100%
#577 / 579 Top 100%
Latest Sale ?
Top 100%
#578 / 579 Top 100%
Value ($/sqm) ?
Top 87%
#503 / 579 Top 87%
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
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 61 years remaining 99 years
61 years 3 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
Dec 2021 04 TO 06 3 ROOM 67 sqm $330,000 $4,925
Sep 2021 04 TO 06 3 ROOM 81 sqm $421,000 $5,198
Jul 2021 01 TO 03 3 ROOM 67 sqm $310,000 $4,627
Jan 2021 04 TO 06 3 ROOM 81 sqm $350,000 $4,321
Feb 2020 04 TO 06 3 ROOM 81 sqm $310,000 $3,827
Dec 2019 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Sep 2019 04 TO 06 3 ROOM 67 sqm $260,000 $3,881
Aug 2019 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Sep 2017 04 TO 06 3 ROOM 67 sqm $283,000 $4,224
Apr 2017 01 TO 03 3 ROOM 67 sqm $268,000 $4,000
Feb 2017 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Feb 2017 01 TO 03 3 ROOM 67 sqm $280,000 $4,179
Jan 2017 01 TO 03 3 ROOM 67 sqm $270,000 $4,030
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 108 Hougang Avenue 1

Block 108 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1984 with approximately 61 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $260,000 to $421,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $330,000 in 2021-12. The current median price per square metre is $4,179. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8784, 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 108 Hougang Avenue 1 worth?

The most recent resale transaction at Block 108 Hougang Avenue 1 was $330,000 for a 3 room flat in 2021-12. The median price per square metre across all flat types is $4,179, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 108 Hougang Avenue 1?

Block 108 Hougang Avenue 1 was built in 1984 and has approximately 61 years and 3 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 108 Hougang Avenue 1?

Block 108 Hougang Avenue 1 in Hougang contains 3 room flats. Resale prices range from $260,000 to $421,000 based on historical transaction records from data.gov.sg.

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