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Block 579 Hougang Avenue 4

Executive · Built 1997 · 72 years remaining lease MOP Cleared
Latest Sale
$910,000
Nov 2024 · EXECUTIVE · Floor 01-03
Median $/sqm
$4,748
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 16%
#91 / 579 Top 16%
Latest Sale ?
Top 11%
#63 / 579 Top 11%
Value ($/sqm) ?
Top 54%
#310 / 579 Top 54%
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
−0.32%/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 72 years remaining 99 years
72 years 1 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/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
Nov 2024 01 TO 03 EXECUTIVE 140 sqm $910,000 $6,500
May 2024 13 TO 15 EXECUTIVE 139 sqm $862,888 $6,208
Nov 2022 07 TO 09 EXECUTIVE 140 sqm $790,000 $5,643
Jul 2022 01 TO 03 EXECUTIVE 140 sqm $735,000 $5,250
May 2022 04 TO 06 EXECUTIVE 139 sqm $780,000 $5,612
Feb 2021 07 TO 09 EXECUTIVE 139 sqm $660,000 $4,748
Dec 2019 10 TO 12 EXECUTIVE 140 sqm $638,000 $4,557
May 2019 10 TO 12 EXECUTIVE 140 sqm $630,000 $4,500
May 2018 04 TO 06 EXECUTIVE 140 sqm $603,000 $4,307
Mar 2018 07 TO 09 EXECUTIVE 140 sqm $625,000 $4,464
Sep 2017 07 TO 09 EXECUTIVE 140 sqm $613,000 $4,379
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 579 Hougang Avenue 4

Block 579 at Hougang Avenue 4 is a residential HDB block in Hougang, Singapore, built in 1997 with approximately 72 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $603,000 to $910,000 based on 11 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $910,000 in 2024-11. The current median price per square metre is $4,748. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9162, with an annual lease decay rate of approximately 0.32%. 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 579 Hougang Avenue 4 worth?

The most recent resale transaction at Block 579 Hougang Avenue 4 was $910,000 for a executive flat in 2024-11. The median price per square metre across all flat types is $4,748, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 579 Hougang Avenue 4?

Block 579 Hougang Avenue 4 was built in 1997 and has approximately 72 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 579 Hougang Avenue 4?

Block 579 Hougang Avenue 4 in Hougang contains executive flats. Resale prices range from $603,000 to $910,000 based on historical transaction records from data.gov.sg.

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