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Block 707 Hougang Avenue 2

4 Room · 5 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$570,000
Feb 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$4,339
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +40%
Median price change
Median Price ?
Top 34%
#199 / 579 Top 34%
Latest Sale ?
Top 65%
#377 / 579 Top 65%
Value ($/sqm) ?
Top 79%
#455 / 579 Top 79%
5-Year Growth ?
Top 42%
#161 / 380 Top 42%
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%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Based on this block’s +40% 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 59 years remaining 99 years
59 years 9 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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
Feb 2026 10 TO 12 4 ROOM 97 sqm $570,000 $5,876
Aug 2025 10 TO 12 5 ROOM 121 sqm $720,800 $5,957
Aug 2025 07 TO 09 5 ROOM 121 sqm $730,000 $6,033
Feb 2025 13 TO 15 5 ROOM 121 sqm $718,000 $5,934
Sep 2024 10 TO 12 5 ROOM 121 sqm $680,000 $5,620
Dec 2023 10 TO 12 5 ROOM 121 sqm $620,000 $5,124
Apr 2023 01 TO 03 5 ROOM 121 sqm $535,888 $4,429
Sep 2022 01 TO 03 5 ROOM 121 sqm $535,000 $4,421
Jan 2022 10 TO 12 5 ROOM 121 sqm $500,000 $4,132
Jan 2022 10 TO 12 5 ROOM 126 sqm $540,000 $4,286
Dec 2021 01 TO 03 5 ROOM 121 sqm $500,000 $4,132
Dec 2021 07 TO 09 5 ROOM 121 sqm $525,000 $4,339
Oct 2021 13 TO 15 5 ROOM 121 sqm $560,000 $4,628
Aug 2021 04 TO 06 4 ROOM 98 sqm $385,000 $3,929
Feb 2020 10 TO 12 5 ROOM 121 sqm $440,000 $3,636
Dec 2019 01 TO 03 5 ROOM 121 sqm $428,000 $3,537
Nov 2018 10 TO 12 5 ROOM 126 sqm $425,000 $3,373
Jun 2018 07 TO 09 4 ROOM 98 sqm $355,000 $3,622
Sep 2017 01 TO 03 5 ROOM 121 sqm $442,000 $3,653
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 707 Hougang Avenue 2

Block 707 at Hougang Avenue 2 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $355,000 to $730,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $570,000 in 2026-02. The current median price per square metre is $4,339. Over the past five years, resale prices at this block have increased by approximately 40%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8720, with an annual lease decay rate of approximately 0.51%. 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 707 Hougang Avenue 2 worth?

The most recent resale transaction at Block 707 Hougang Avenue 2 was $570,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,339, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 707 Hougang Avenue 2?

Block 707 Hougang Avenue 2 was built in 1986 and has approximately 59 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 707 Hougang Avenue 2?

Block 707 Hougang Avenue 2 in Hougang contains 4 room, 5 room flats. Resale prices range from $355,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 707 Hougang Avenue 2 gone up or down?

Resale prices at Block 707 Hougang Avenue 2 have increased by approximately 40% over the past five years. The current median price is $535,000, with the most recent sale at $570,000 in 2026-02.

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