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Block 540 Hougang Avenue 8

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$605,000
Apr 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,860
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 27%
#159 / 579 Top 27%
Latest Sale ?
Top 56%
#323 / 579 Top 56%
Value ($/sqm) ?
Top 46%
#266 / 579 Top 46%
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
−0.46%/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 62 years remaining 99 years
62 years 8 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Apr 2026 07 TO 09 4 ROOM 104 sqm $605,000 $5,817
Apr 2026 01 TO 03 4 ROOM 104 sqm $600,000 $5,769
Mar 2026 07 TO 09 5 ROOM 121 sqm $710,000 $5,868
Sep 2025 04 TO 06 5 ROOM 121 sqm $630,000 $5,207
Sep 2025 01 TO 03 5 ROOM 121 sqm $708,000 $5,851
Feb 2025 10 TO 12 4 ROOM 104 sqm $670,000 $6,442
May 2024 04 TO 06 4 ROOM 104 sqm $540,000 $5,192
Aug 2023 01 TO 03 5 ROOM 121 sqm $582,000 $4,810
Mar 2023 04 TO 06 4 ROOM 104 sqm $500,000 $4,808
Mar 2023 10 TO 12 4 ROOM 104 sqm $548,000 $5,269
Jan 2023 07 TO 09 4 ROOM 104 sqm $538,000 $5,173
Jan 2023 04 TO 06 5 ROOM 121 sqm $588,000 $4,860
Apr 2022 07 TO 09 5 ROOM 121 sqm $608,000 $5,025
Apr 2022 07 TO 09 5 ROOM 121 sqm $608,000 $5,025
Mar 2022 10 TO 12 5 ROOM 121 sqm $570,000 $4,711
Feb 2022 01 TO 03 4 ROOM 104 sqm $420,000 $4,038
Jan 2022 07 TO 09 5 ROOM 121 sqm $577,000 $4,769
Nov 2020 01 TO 03 5 ROOM 121 sqm $458,000 $3,785
Apr 2019 10 TO 12 4 ROOM 104 sqm $438,000 $4,212
Oct 2018 10 TO 12 4 ROOM 104 sqm $410,000 $3,942
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 540 Hougang Avenue 8

Block 540 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $335,000 to $710,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $605,000 in 2026-04. The current median price per square metre is $4,860. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8842, 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 540 Hougang Avenue 8 worth?

The most recent resale transaction at Block 540 Hougang Avenue 8 was $605,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $4,860, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 540 Hougang Avenue 8?

Block 540 Hougang Avenue 8 was built in 1989 and has approximately 62 years and 8 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 540 Hougang Avenue 8?

Block 540 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $335,000 to $710,000 based on historical transaction records from data.gov.sg.

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