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Block 445 Hougang Avenue 8

4 Room · Built 1990 · 63 years remaining lease · Updated Sep 2025 MOP Cleared

Block 445 Hougang Avenue 8 has 19 recorded HDB resale transactions since 2017. Latest sale: $610,000 (Sep 2025, 4 room, floors 01–03). Median $4,095/sqm. Prices up 40.8% over the past five years. Built 1990, 63 years lease remaining.

Latest Sale
$610,000
Sep 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$4,095
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +40.8%
Median price change
Median Price ?
Top 68%
#397 / 580 Top 68%
Latest Sale ?
Top 55%
#318 / 580 Top 55%
Value ($/sqm) ?
Top 92%
#533 / 580 Top 92%
5-Year Growth ?
Top 38%
#148 / 391 Top 38%
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
+7.1%/yr
vs
Lease Decay
−0.44%/yr
Growth assumption
Based on this block’s +40.8% 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 63 years remaining 99 years
63 years 7 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,100 typically $3,000–$3,600 5.7% 5 rentals here
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
Sep 2025 01 TO 03 4 ROOM 105 sqm $610,000 $5,810
Jun 2025 10 TO 12 4 ROOM 103 sqm $690,000 $6,699
Jul 2023 07 TO 09 4 ROOM 103 sqm $550,000 $5,340
Mar 2023 01 TO 03 4 ROOM 105 sqm $500,000 $4,762
Nov 2021 13 TO 15 4 ROOM 105 sqm $480,000 $4,571
Jun 2021 04 TO 06 4 ROOM 105 sqm $415,000 $3,952
Jun 2021 04 TO 06 4 ROOM 113 sqm $503,888 $4,459
Jan 2021 10 TO 12 4 ROOM 103 sqm $443,000 $4,301
Mar 2020 10 TO 12 4 ROOM 105 sqm $445,000 $4,238
Mar 2019 07 TO 09 4 ROOM 105 sqm $410,000 $3,905
Feb 2019 07 TO 09 4 ROOM 105 sqm $430,000 $4,095
Sep 2018 01 TO 03 4 ROOM 105 sqm $355,000 $3,381
Apr 2018 07 TO 09 4 ROOM 105 sqm $396,000 $3,771
Apr 2018 10 TO 12 4 ROOM 105 sqm $422,000 $4,019
Dec 2017 01 TO 03 4 ROOM 105 sqm $360,000 $3,429
Dec 2017 10 TO 12 4 ROOM 113 sqm $375,000 $3,319
May 2017 10 TO 12 4 ROOM 105 sqm $425,000 $4,048
Mar 2017 13 TO 15 4 ROOM 113 sqm $455,000 $4,027
Jan 2017 04 TO 06 4 ROOM 105 sqm $430,000 $4,095
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 445 Hougang Avenue 8

Block 445 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1990 with approximately 63 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $355,000 to $690,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $610,000 in 2025-09. The current median price per square metre is $4,095. Over the past five years, resale prices at this block have increased by approximately 40.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8878, with an annual lease decay rate of approximately 0.44%. 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 445 Hougang Avenue 8 worth?

The most recent resale transaction at Block 445 Hougang Avenue 8 was $610,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $4,095, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 445 Hougang Avenue 8?

Block 445 Hougang Avenue 8 was built in 1990 and has approximately 63 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 445 Hougang Avenue 8?

Block 445 Hougang Avenue 8 in Hougang contains 4 room flats. Resale prices range from $355,000 to $690,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 445 Hougang Avenue 8 gone up or down?

Resale prices at Block 445 Hougang Avenue 8 have increased by approximately 40.8% over the past five years. The current median price is $430,000, with the most recent sale at $610,000 in 2025-09.

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