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Block 502 Hougang Avenue 8

4 Room · 5 Room · Built 1987 · 60 years remaining lease · Updated Feb 2026 MOP Cleared

Block 502 Hougang Avenue 8 has 12 recorded HDB resale transactions since 2017. Latest sale: $570,000 (Feb 2026, 4 room, floors 07–09). Median $4,149/sqm. Built 1987, 60 years lease remaining.

Latest Sale
$570,000
Feb 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,149
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 44%
#258 / 580 Top 44%
Latest Sale ?
Top 66%
#381 / 580 Top 66%
Value ($/sqm) ?
Top 89%
#516 / 580 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.
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
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.

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