Block 505 Hougang Avenue 8
| 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.