Skip to content

Block 502 Hougang Avenue 8

4 Room · 5 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$570,000
Feb 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,149
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 44%
#254 / 579 Top 44%
Latest Sale ?
Top 65%
#378 / 579 Top 65%
Value ($/sqm) ?
Top 89%
#514 / 579 Top 89%
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
−0.50%/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 60 years remaining 99 years
60 years 4 months
Remaining lease
↓ 0.50%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.50%/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
Feb 2026 07 TO 09 4 ROOM 84 sqm $570,000 $6,786
Jul 2024 04 TO 06 4 ROOM 84 sqm $505,000 $6,012
Mar 2024 04 TO 06 4 ROOM 84 sqm $510,000 $6,071
Oct 2023 07 TO 09 5 ROOM 121 sqm $645,000 $5,331
Aug 2023 04 TO 06 5 ROOM 121 sqm $591,499 $4,888
Jan 2021 04 TO 06 5 ROOM 121 sqm $500,000 $4,132
Dec 2020 04 TO 06 4 ROOM 84 sqm $350,000 $4,167
Dec 2020 04 TO 06 5 ROOM 121 sqm $500,000 $4,132
Oct 2020 04 TO 06 4 ROOM 103 sqm $385,000 $3,738
Mar 2019 07 TO 09 4 ROOM 84 sqm $340,000 $4,048
Jul 2018 10 TO 12 5 ROOM 121 sqm $500,000 $4,132
May 2017 04 TO 06 5 ROOM 121 sqm $470,000 $3,884
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 502 Hougang Avenue 8

Block 502 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $340,000 to $645,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $570,000 in 2026-02. The current median price per square metre is $4,149. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8745, with an annual lease decay rate of approximately 0.50%. 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 502 Hougang Avenue 8 worth?

The most recent resale transaction at Block 502 Hougang Avenue 8 was $570,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,149, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 502 Hougang Avenue 8?

Block 502 Hougang Avenue 8 was built in 1987 and has approximately 60 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 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.

What flat types are available at Block 502 Hougang Avenue 8?

Block 502 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $340,000 to $645,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard