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Block 353 Hougang Avenue 7

Executive · Built 1984 · 59 years remaining lease MOP Cleared
Latest Sale
$840,000
May 2024 · EXECUTIVE · Floor 01-03
Median $/sqm
$4,465
Based on 3 transactions
Total Transactions
3
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 16%
#90 / 579 Top 16%
Latest Sale ?
Top 15%
#84 / 579 Top 15%
Value ($/sqm) ?
Top 71%
#411 / 579 Top 71%
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
−0.52%/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 59 years remaining 99 years
59 years 8 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
May 2024 01 TO 03 EXECUTIVE 148 sqm $840,000 $5,676
Mar 2021 01 TO 03 EXECUTIVE 148 sqm $660,888 $4,465
May 2018 01 TO 03 EXECUTIVE 148 sqm $655,000 $4,426
Showing 3 of 3 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 353 Hougang Avenue 7

Block 353 at Hougang Avenue 7 is a residential HDB block in Hougang, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $655,000 to $840,000 based on 3 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $840,000 in 2024-05. The current median price per square metre is $4,465. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8716, with an annual lease decay rate of approximately 0.52%. 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 353 Hougang Avenue 7 worth?

The most recent resale transaction at Block 353 Hougang Avenue 7 was $840,000 for a executive flat in 2024-05. The median price per square metre across all flat types is $4,465, based on 3 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 353 Hougang Avenue 7?

Block 353 Hougang Avenue 7 was built in 1984 and has approximately 59 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 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 353 Hougang Avenue 7?

Block 353 Hougang Avenue 7 in Hougang contains executive flats. Resale prices range from $655,000 to $840,000 based on historical transaction records from data.gov.sg.

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