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Block 437 Hougang Avenue 8

4 Room · 5 Room · Built 1991 · 64 years remaining lease · Updated Dec 2025 MOP Cleared

Block 437 Hougang Avenue 8 has 12 recorded HDB resale transactions since 2017. Latest sale: $728,000 (Dec 2025, 5 room, floors 01–03). Median $4,411/sqm. Prices up 38.5% over the past five years. Built 1991, 64 years lease remaining.

Latest Sale
$728,000
Dec 2025 · 5 ROOM · Floor 01-03
Median $/sqm
$4,411
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +38.5%
Median price change
Median Price ?
Top 42%
#241 / 580 Top 42%
Latest Sale ?
Top 27%
#158 / 580 Top 27%
Value ($/sqm) ?
Top 75%
#436 / 580 Top 75%
5-Year Growth ?
Top 48%
#187 / 391 Top 48%
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
+6.7%/yr
vs
Lease Decay
−0.43%/yr
Growth assumption
Based on this block’s +38.5% 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 64 years remaining 99 years
64 years 5 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,000–$3,500 6.1% Hougang avg · block too thin
5-Room $3,450 typically $3,200–$3,600 5.4% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2025 01 TO 03 5 ROOM 123 sqm $728,000 $5,919
Jun 2025 07 TO 09 4 ROOM 103 sqm $640,000 $6,214
Nov 2024 13 TO 15 4 ROOM 113 sqm $680,000 $6,018
Jan 2024 04 TO 06 4 ROOM 113 sqm $610,000 $5,398
Jun 2022 01 TO 03 5 ROOM 125 sqm $550,000 $4,400
Sep 2021 10 TO 12 4 ROOM 103 sqm $468,000 $4,544
Jul 2021 10 TO 12 4 ROOM 103 sqm $445,000 $4,320
Jun 2021 04 TO 06 5 ROOM 121 sqm $535,000 $4,421
Oct 2020 04 TO 06 4 ROOM 105 sqm $410,000 $3,905
Oct 2019 01 TO 03 5 ROOM 123 sqm $485,000 $3,943
Jun 2019 13 TO 15 4 ROOM 103 sqm $428,000 $4,155
Jan 2018 07 TO 09 4 ROOM 103 sqm $410,000 $3,981
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 437 Hougang Avenue 8

Block 437 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1991 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $410,000 to $728,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $728,000 in 2025-12. The current median price per square metre is $4,411. Over the past five years, resale prices at this block have increased by approximately 38.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8910, with an annual lease decay rate of approximately 0.43%. 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 437 Hougang Avenue 8 worth?

The most recent resale transaction at Block 437 Hougang Avenue 8 was $728,000 for a 5 room flat in 2025-12. The median price per square metre across all flat types is $4,411, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 437 Hougang Avenue 8?

Block 437 Hougang Avenue 8 was built in 1991 and has approximately 64 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 437 Hougang Avenue 8?

Block 437 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $410,000 to $728,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 437 Hougang Avenue 8 gone up or down?

Resale prices at Block 437 Hougang Avenue 8 have increased by approximately 38.5% over the past five years. The current median price is $510,000, with the most recent sale at $728,000 in 2025-12.

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