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Block 545 Hougang Avenue 8

Executive · Built 1992 · 66 years remaining lease MOP Cleared
Latest Sale
$935,000
Feb 2025 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,597
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 4%
#25 / 579 Top 4%
Latest Sale ?
Top 9%
#50 / 579 Top 9%
Value ($/sqm) ?
Top 16%
#93 / 579 Top 16%
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
−0.39%/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 66 years remaining 99 years
66 years 9 months
Remaining lease
↓ 0.39%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.39%/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
Feb 2025 01 TO 03 EXECUTIVE 155 sqm $935,000 $6,032
Dec 2023 01 TO 03 EXECUTIVE 147 sqm $830,000 $5,646
Dec 2023 01 TO 03 EXECUTIVE 146 sqm $850,000 $5,822
Feb 2023 01 TO 03 EXECUTIVE 146 sqm $810,000 $5,548
Jul 2019 01 TO 03 EXECUTIVE 146 sqm $628,000 $4,301
Dec 2018 01 TO 03 EXECUTIVE 149 sqm $632,000 $4,242
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 545 Hougang Avenue 8

Block 545 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1992 with approximately 66 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $628,000 to $935,000 based on 6 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $935,000 in 2025-02. The current median price per square metre is $5,597. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8994, with an annual lease decay rate of approximately 0.39%. 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 545 Hougang Avenue 8 worth?

The most recent resale transaction at Block 545 Hougang Avenue 8 was $935,000 for a executive flat in 2025-02. The median price per square metre across all flat types is $5,597, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 545 Hougang Avenue 8?

Block 545 Hougang Avenue 8 was built in 1992 and has approximately 66 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.39%, meaning the leasehold value decreases by approximately 0.39% per year at the current remaining lease.

What flat types are available at Block 545 Hougang Avenue 8?

Block 545 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $628,000 to $935,000 based on historical transaction records from data.gov.sg.

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