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Block 618 Hougang Avenue 8

4 Room · Built 1986 · 61 years remaining lease MOP Cleared
Latest Sale
$460,000
Feb 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$4,033
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 89%
#515 / 579 Top 89%
Latest Sale ?
Top 85%
#491 / 579 Top 85%
Value ($/sqm) ?
Top 94%
#546 / 579 Top 94%
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 61 years remaining 99 years
61 years
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 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
Feb 2024 04 TO 06 4 ROOM 84 sqm $460,000 $5,476
Jan 2022 01 TO 03 4 ROOM 89 sqm $380,000 $4,270
Feb 2021 01 TO 03 4 ROOM 90 sqm $363,000 $4,033
Feb 2019 01 TO 03 4 ROOM 89 sqm $320,000 $3,596
Mar 2018 01 TO 03 4 ROOM 89 sqm $330,000 $3,708
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 618 Hougang Avenue 8

Block 618 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 61 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $320,000 to $460,000 based on 5 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $460,000 in 2024-02. The current median price per square metre is $4,033. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8774, 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 618 Hougang Avenue 8 worth?

The most recent resale transaction at Block 618 Hougang Avenue 8 was $460,000 for a 4 room flat in 2024-02. The median price per square metre across all flat types is $4,033, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 618 Hougang Avenue 8?

Block 618 Hougang Avenue 8 was built in 1986 and has approximately 61 years 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 618 Hougang Avenue 8?

Block 618 Hougang Avenue 8 in Hougang contains 4 room flats. Resale prices range from $320,000 to $460,000 based on historical transaction records from data.gov.sg.

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