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Block 622 Hougang Avenue 8

Executive · Built 1986 · 58 years remaining lease · Updated May 2026 MOP Cleared

Block 622 Hougang Avenue 8 has 5 recorded HDB resale transactions since 2017. Latest sale: $865,000 (May 2026, executive, floors 01–03). Median $5,405/sqm. Prices up 16.9% over the past five years. Built 1986, 58 years lease remaining.

Latest Sale
$865,000
May 2026 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,405
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
▲ +16.9%
Median price change
Median Price ?
Top 6%
#32 / 580 Top 6%
Latest Sale ?
Top 14%
#83 / 580 Top 14%
Value ($/sqm) ?
Top 23%
#135 / 580 Top 23%
5-Year Growth ?
Top 99%
#387 / 391 Top 99%
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
+3.2%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +16.9% 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 58 years remaining 99 years
58 years 11 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.53%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
Executive $3,650 typically $3,300–$4,000 4.5% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 01 TO 03 EXECUTIVE 148 sqm $865,000 $5,845
Oct 2024 01 TO 03 EXECUTIVE 155 sqm $956,000 $6,168
Jan 2024 01 TO 03 EXECUTIVE 148 sqm $800,000 $5,405
Sep 2021 01 TO 03 EXECUTIVE 155 sqm $740,000 $4,774
Sep 2018 01 TO 03 EXECUTIVE 154 sqm $665,000 $4,318
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 622 Hougang Avenue 8

Block 622 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 58 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $665,000 to $956,000 based on 5 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $865,000 in 2026-05. The current median price per square metre is $5,405. Over the past five years, resale prices at this block have increased by approximately 16.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8682, with an annual lease decay rate of approximately 0.53%. 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 622 Hougang Avenue 8 worth?

The most recent resale transaction at Block 622 Hougang Avenue 8 was $865,000 for a executive flat in 2026-05. The median price per square metre across all flat types is $5,405, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 622 Hougang Avenue 8?

Block 622 Hougang Avenue 8 was built in 1986 and has approximately 58 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 622 Hougang Avenue 8?

Block 622 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $665,000 to $956,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 622 Hougang Avenue 8 gone up or down?

Resale prices at Block 622 Hougang Avenue 8 have increased by approximately 16.9% over the past five years. The current median price is $800,000, with the most recent sale at $865,000 in 2026-05.

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