Block 623 Hougang Avenue 8
Block 623 Hougang Avenue 8 has 27 recorded HDB resale transactions since 2017. Latest sale: $375,000 (Mar 2026, 3 room, floors 01–03). Median $5,117/sqm. Prices up 40.7% over the past five years. Built 1985, 58 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,625 typically $2,350–$2,750 | 7.8% | 8 rentals here |
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| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Mar 2026 | 01 TO 03 | 3 ROOM | 60 sqm | $375,000 | $6,250 |
| Mar 2026 | 04 TO 06 | 3 ROOM | 69 sqm | $436,888 | $6,332 |
| Apr 2025 | 04 TO 06 | 3 ROOM | 69 sqm | $427,000 | $6,188 |
| Mar 2025 | 10 TO 12 | 3 ROOM | 69 sqm | $488,000 | $7,072 |
| Mar 2025 | 01 TO 03 | 3 ROOM | 69 sqm | $410,000 | $5,942 |
| Feb 2025 | 10 TO 12 | 3 ROOM | 69 sqm | $445,000 | $6,449 |
| Dec 2024 | 07 TO 09 | 3 ROOM | 60 sqm | $360,000 | $6,000 |
| Sep 2024 | 07 TO 09 | 3 ROOM | 60 sqm | $388,000 | $6,467 |
| Jan 2023 | 07 TO 09 | 3 ROOM | 69 sqm | $365,000 | $5,290 |
| Jan 2023 | 10 TO 12 | 3 ROOM | 60 sqm | $365,000 | $6,083 |
| Aug 2022 | 10 TO 12 | 3 ROOM | 60 sqm | $370,000 | $6,167 |
| Apr 2022 | 07 TO 09 | 3 ROOM | 60 sqm | $340,000 | $5,667 |
| Jan 2022 | 07 TO 09 | 3 ROOM | 60 sqm | $310,000 | $5,167 |
| Jan 2022 | 10 TO 12 | 3 ROOM | 69 sqm | $350,088 | $5,074 |
| Dec 2021 | 01 TO 03 | 3 ROOM | 60 sqm | $307,000 | $5,117 |
| Sep 2020 | 10 TO 12 | 3 ROOM | 60 sqm | $285,000 | $4,750 |
| Aug 2020 | 01 TO 03 | 3 ROOM | 60 sqm | $228,000 | $3,800 |
| Aug 2020 | 01 TO 03 | 3 ROOM | 69 sqm | $330,000 | $4,783 |
| Jan 2020 | 10 TO 12 | 3 ROOM | 60 sqm | $260,000 | $4,333 |
| Jul 2019 | 10 TO 12 | 3 ROOM | 69 sqm | $275,000 | $3,986 |
About Block 623 Hougang Avenue 8
Block 623 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $228,000 to $488,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $375,000 in 2026-03. The current median price per square metre is $5,117. Over the past five years, resale prices at this block have increased by approximately 40.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8660, with an annual lease decay rate of approximately 0.54%. 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 623 Hougang Avenue 8 worth?
The most recent resale transaction at Block 623 Hougang Avenue 8 was $375,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,117, based on 27 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 623 Hougang Avenue 8?
Block 623 Hougang Avenue 8 was built in 1985 and has approximately 58 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 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.
What flat types are available at Block 623 Hougang Avenue 8?
Block 623 Hougang Avenue 8 in Hougang contains 3 room flats. Resale prices range from $228,000 to $488,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 623 Hougang Avenue 8 gone up or down?
Resale prices at Block 623 Hougang Avenue 8 have increased by approximately 40.7% over the past five years. The current median price is $330,000, with the most recent sale at $375,000 in 2026-03.