Skip to content

Block 541 Hougang Avenue 8

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$720,000
Jun 2025 · 5 ROOM · Floor 07-09
Median $/sqm
$4,112
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +41.2%
Median price change
Median Price ?
Top 45%
#259 / 579 Top 45%
Latest Sale ?
Top 29%
#169 / 579 Top 29%
Value ($/sqm) ?
Top 91%
#526 / 579 Top 91%
5-Year Growth ?
Top 37%
#140 / 380 Top 37%
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
+7.1%/yr
vs
Lease Decay
−0.45%/yr
Growth assumption
Based on this block’s +41.2% growth over 5 years
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 63 years remaining 99 years
63 years 5 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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
Jun 2025 07 TO 09 5 ROOM 121 sqm $720,000 $5,950
May 2025 10 TO 12 5 ROOM 121 sqm $720,000 $5,950
Nov 2024 10 TO 12 4 ROOM 104 sqm $620,000 $5,962
Nov 2024 10 TO 12 5 ROOM 121 sqm $748,000 $6,182
Jul 2024 01 TO 03 5 ROOM 121 sqm $620,000 $5,124
May 2024 07 TO 09 5 ROOM 121 sqm $738,000 $6,099
Dec 2023 07 TO 09 4 ROOM 104 sqm $540,000 $5,192
May 2021 04 TO 06 5 ROOM 121 sqm $510,000 $4,215
Mar 2021 01 TO 03 4 ROOM 104 sqm $405,000 $3,894
Oct 2020 04 TO 06 5 ROOM 121 sqm $485,000 $4,008
Sep 2020 07 TO 09 5 ROOM 121 sqm $555,000 $4,587
Jul 2020 07 TO 09 5 ROOM 121 sqm $470,000 $3,884
Jun 2020 04 TO 06 4 ROOM 104 sqm $400,000 $3,846
Jun 2020 07 TO 09 5 ROOM 121 sqm $470,000 $3,884
Sep 2019 10 TO 12 4 ROOM 104 sqm $404,000 $3,885
Nov 2018 01 TO 03 4 ROOM 104 sqm $372,000 $3,577
Oct 2018 04 TO 06 4 ROOM 104 sqm $380,000 $3,654
Jul 2018 07 TO 09 5 ROOM 121 sqm $522,800 $4,321
Mar 2018 04 TO 06 4 ROOM 104 sqm $390,000 $3,750
Apr 2017 07 TO 09 4 ROOM 104 sqm $388,000 $3,731
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 541 Hougang Avenue 8

Block 541 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $372,000 to $748,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $720,000 in 2025-06. The current median price per square metre is $4,112. Over the past five years, resale prices at this block have increased by approximately 41.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8871, with an annual lease decay rate of approximately 0.45%. 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 541 Hougang Avenue 8 worth?

The most recent resale transaction at Block 541 Hougang Avenue 8 was $720,000 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $4,112, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 541 Hougang Avenue 8?

Block 541 Hougang Avenue 8 was built in 1989 and has approximately 63 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 541 Hougang Avenue 8?

Block 541 Hougang Avenue 8 in Hougang contains 4 room, 5 room flats. Resale prices range from $372,000 to $748,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 541 Hougang Avenue 8 gone up or down?

Resale prices at Block 541 Hougang Avenue 8 have increased by approximately 41.2% over the past five years. The current median price is $497,500, with the most recent sale at $720,000 in 2025-06.

Link copied to clipboard