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Block 704 Hougang Avenue 2

3 Room · 4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$570,000
Apr 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,200
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +43.5%
Median price change
Median Price ?
Top 94%
#542 / 579 Top 94%
Latest Sale ?
Top 65%
#376 / 579 Top 65%
Value ($/sqm) ?
Top 86%
#500 / 579 Top 86%
5-Year Growth ?
Top 30%
#113 / 380 Top 30%
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
+7.5%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +43.5% growth over 5 years
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 58 years remaining 99 years
58 years 8 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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
Apr 2026 04 TO 06 4 ROOM 91 sqm $570,000 $6,264
Nov 2025 01 TO 03 3 ROOM 67 sqm $412,000 $6,149
Jul 2025 04 TO 06 4 ROOM 93 sqm $570,000 $6,129
Mar 2025 01 TO 03 3 ROOM 80 sqm $445,000 $5,563
Feb 2024 01 TO 03 3 ROOM 73 sqm $388,000 $5,315
Jan 2023 07 TO 09 4 ROOM 93 sqm $458,000 $4,925
Nov 2022 10 TO 12 4 ROOM 110 sqm $630,000 $5,727
Feb 2022 07 TO 09 3 ROOM 67 sqm $345,000 $5,149
Nov 2021 01 TO 03 4 ROOM 91 sqm $380,000 $4,176
Sep 2021 04 TO 06 3 ROOM 67 sqm $335,000 $5,000
May 2021 07 TO 09 4 ROOM 96 sqm $412,000 $4,292
Apr 2021 07 TO 09 3 ROOM 67 sqm $298,000 $4,448
Mar 2021 01 TO 03 4 ROOM 96 sqm $344,000 $3,583
Nov 2020 04 TO 06 3 ROOM 67 sqm $283,000 $4,224
Jul 2020 01 TO 03 4 ROOM 91 sqm $308,000 $3,385
Mar 2020 04 TO 06 4 ROOM 96 sqm $338,000 $3,521
Feb 2020 01 TO 03 3 ROOM 67 sqm $265,000 $3,955
Oct 2019 01 TO 03 4 ROOM 96 sqm $315,000 $3,281
Sep 2019 04 TO 06 4 ROOM 91 sqm $320,000 $3,516
Feb 2019 07 TO 09 3 ROOM 71 sqm $275,000 $3,873
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 704 Hougang Avenue 2

Block 704 at Hougang Avenue 2 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $265,000 to $630,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $570,000 in 2026-04. The current median price per square metre is $4,200. Over the past five years, resale prices at this block have increased by approximately 43.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8671, with an annual lease decay rate of approximately 0.54%. 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 704 Hougang Avenue 2 worth?

The most recent resale transaction at Block 704 Hougang Avenue 2 was $570,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $4,200, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 704 Hougang Avenue 2?

Block 704 Hougang Avenue 2 was built in 1985 and has approximately 58 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 704 Hougang Avenue 2?

Block 704 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $265,000 to $630,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 704 Hougang Avenue 2 gone up or down?

Resale prices at Block 704 Hougang Avenue 2 have increased by approximately 43.5% over the past five years. The current median price is $344,500, with the most recent sale at $570,000 in 2026-04.

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