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Block 709 Hougang Avenue 2

3 Room · 4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$588,888
Apr 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,030
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +56.4%
Median price change
Median Price ?
Top 91%
#526 / 579 Top 91%
Latest Sale ?
Top 61%
#351 / 579 Top 61%
Value ($/sqm) ?
Top 95%
#548 / 579 Top 95%
5-Year Growth ?
Top 4%
#17 / 380 Top 4%
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
+9.4%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +56.4% 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 4 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 07 TO 09 4 ROOM 91 sqm $588,888 $6,471
Sep 2025 01 TO 03 4 ROOM 91 sqm $558,888 $6,142
Jul 2025 07 TO 09 4 ROOM 91 sqm $588,000 $6,462
May 2024 04 TO 06 4 ROOM 91 sqm $530,500 $5,830
Mar 2024 10 TO 12 4 ROOM 91 sqm $538,000 $5,912
Feb 2024 04 TO 06 4 ROOM 91 sqm $508,000 $5,582
Feb 2024 04 TO 06 4 ROOM 93 sqm $525,000 $5,645
Jan 2024 01 TO 03 4 ROOM 93 sqm $485,000 $5,215
Sep 2023 04 TO 06 3 ROOM 67 sqm $390,000 $5,821
Jul 2023 04 TO 06 4 ROOM 91 sqm $450,000 $4,945
Dec 2022 04 TO 06 4 ROOM 99 sqm $480,000 $4,848
Apr 2022 04 TO 06 3 ROOM 67 sqm $325,000 $4,851
Jun 2021 10 TO 12 4 ROOM 91 sqm $402,000 $4,418
Feb 2021 01 TO 03 4 ROOM 93 sqm $350,000 $3,763
Jul 2020 04 TO 06 4 ROOM 91 sqm $350,000 $3,846
Feb 2020 07 TO 09 3 ROOM 67 sqm $268,000 $4,000
Feb 2020 07 TO 09 4 ROOM 91 sqm $345,000 $3,791
Feb 2020 07 TO 09 4 ROOM 91 sqm $338,000 $3,714
Jul 2019 01 TO 03 4 ROOM 91 sqm $318,000 $3,495
Apr 2019 07 TO 09 3 ROOM 67 sqm $270,000 $4,030
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 709 Hougang Avenue 2

Block 709 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 $268,000 to $588,888 based on 27 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $588,888 in 2026-04. The current median price per square metre is $4,030. Over the past five years, resale prices at this block have increased by approximately 56.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8656, 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 709 Hougang Avenue 2 worth?

The most recent resale transaction at Block 709 Hougang Avenue 2 was $588,888 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $4,030, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 709 Hougang Avenue 2?

Block 709 Hougang Avenue 2 was built in 1985 and has approximately 58 years and 4 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 709 Hougang Avenue 2?

Block 709 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $268,000 to $588,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 709 Hougang Avenue 2 gone up or down?

Resale prices at Block 709 Hougang Avenue 2 have increased by approximately 56.4% over the past five years. The current median price is $355,000, with the most recent sale at $588,888 in 2026-04.

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