Block 505 Hougang Avenue 8
Block 505 Hougang Avenue 8 has 2 recorded HDB resale transactions since 2017. Latest sale: $425,000 (Aug 2022, 4 room, floors 04–06). Median $4,825/sqm. Built 1986, 62 years lease remaining.
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 |
|---|---|---|---|
| 3-Room | $2,700 typically $2,500–$2,900 | 7.1% | Hougang avg · block too thin |
| 4-Room | $3,200 typically $3,000–$3,500 | 6.1% | Hougang avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Aug 2022 | 04 TO 06 | 4 ROOM | 89 sqm | $425,000 | $4,775 |
| Mar 2021 | 04 TO 06 | 3 ROOM | 64 sqm | $312,000 | $4,875 |
About Block 505 Hougang Avenue 8
Block 505 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 62 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $312,000 to $425,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $425,000 in 2022-08. The current median price per square metre is $4,825. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8835, with an annual lease decay rate of approximately 0.46%. 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 505 Hougang Avenue 8 worth?
The most recent resale transaction at Block 505 Hougang Avenue 8 was $425,000 for a 4 room flat in 2022-08. The median price per square metre across all flat types is $4,825, based on 2 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 505 Hougang Avenue 8?
Block 505 Hougang Avenue 8 was built in 1986 and has approximately 62 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.
What flat types are available at Block 505 Hougang Avenue 8?
Block 505 Hougang Avenue 8 in Hougang contains 3 room, 4 room flats. Resale prices range from $312,000 to $425,000 based on historical transaction records from data.gov.sg.