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Block 609 Hougang Avenue 8

Executive · Built 1985 · 60 years remaining lease MOP Cleared
Latest Sale
$820,000
Mar 2024 · EXECUTIVE · Floor 01-03
Median $/sqm
$4,249
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 20%
#114 / 579 Top 20%
Latest Sale ?
Top 17%
#100 / 579 Top 17%
Value ($/sqm) ?
Top 84%
#486 / 579 Top 84%
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
−0.49%/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 60 years remaining 99 years
60 years 10 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/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
Mar 2024 01 TO 03 EXECUTIVE 148 sqm $820,000 $5,541
Mar 2022 01 TO 03 EXECUTIVE 154 sqm $688,000 $4,468
Feb 2021 01 TO 03 EXECUTIVE 154 sqm $580,000 $3,766
Nov 2018 01 TO 03 EXECUTIVE 148 sqm $628,888 $4,249
May 2018 01 TO 03 EXECUTIVE 154 sqm $620,000 $4,026
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 609 Hougang Avenue 8

Block 609 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 60 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $580,000 to $820,000 based on 5 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $820,000 in 2024-03. The current median price per square metre is $4,249. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8767, with an annual lease decay rate of approximately 0.49%. 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 609 Hougang Avenue 8 worth?

The most recent resale transaction at Block 609 Hougang Avenue 8 was $820,000 for a executive flat in 2024-03. The median price per square metre across all flat types is $4,249, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 609 Hougang Avenue 8?

Block 609 Hougang Avenue 8 was built in 1985 and has approximately 60 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 609 Hougang Avenue 8?

Block 609 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $580,000 to $820,000 based on historical transaction records from data.gov.sg.

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