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Block 628 Hougang Avenue 8

Executive · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$988,000
Nov 2025 · EXECUTIVE · Floor 04-06
Median $/sqm
$4,486
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +52.7%
Median price change
Median Price ?
Top 15%
#84 / 579 Top 15%
Latest Sale ?
Top 5%
#31 / 579 Top 5%
Value ($/sqm) ?
Top 69%
#402 / 579 Top 69%
5-Year Growth ?
Top 8%
#30 / 380 Top 8%
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
+8.8%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Based on this block’s +52.7% 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 59 years remaining 99 years
59 years 10 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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
Nov 2025 04 TO 06 EXECUTIVE 148 sqm $988,000 $6,676
Aug 2025 07 TO 09 EXECUTIVE 148 sqm $994,000 $6,716
Jun 2025 04 TO 06 EXECUTIVE 148 sqm $980,000 $6,622
Feb 2025 07 TO 09 EXECUTIVE 147 sqm $985,000 $6,701
Dec 2024 01 TO 03 EXECUTIVE 148 sqm $900,000 $6,081
Nov 2024 04 TO 06 EXECUTIVE 144 sqm $958,888 $6,659
Aug 2024 04 TO 06 EXECUTIVE 148 sqm $888,888 $6,006
Feb 2021 04 TO 06 EXECUTIVE 144 sqm $646,000 $4,486
Dec 2020 04 TO 06 EXECUTIVE 148 sqm $638,000 $4,311
Oct 2020 04 TO 06 EXECUTIVE 148 sqm $605,000 $4,088
Aug 2020 04 TO 06 EXECUTIVE 147 sqm $625,000 $4,252
Aug 2020 01 TO 03 EXECUTIVE 148 sqm $608,000 $4,108
Jul 2020 04 TO 06 EXECUTIVE 148 sqm $600,000 $4,054
Jan 2020 07 TO 09 EXECUTIVE 142 sqm $670,000 $4,718
Oct 2019 04 TO 06 EXECUTIVE 144 sqm $630,000 $4,375
Sep 2019 01 TO 03 EXECUTIVE 148 sqm $600,000 $4,054
Aug 2019 01 TO 03 EXECUTIVE 148 sqm $575,000 $3,885
Feb 2019 04 TO 06 EXECUTIVE 148 sqm $685,000 $4,628
Sep 2018 04 TO 06 EXECUTIVE 148 sqm $668,000 $4,514
Jul 2018 07 TO 09 EXECUTIVE 148 sqm $620,000 $4,189
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 628 Hougang Avenue 8

Block 628 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $575,000 to $994,000 based on 23 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $988,000 in 2025-11. The current median price per square metre is $4,486. Over the past five years, resale prices at this block have increased by approximately 52.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8723, with an annual lease decay rate of approximately 0.51%. 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 628 Hougang Avenue 8 worth?

The most recent resale transaction at Block 628 Hougang Avenue 8 was $988,000 for a executive flat in 2025-11. The median price per square metre across all flat types is $4,486, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 628 Hougang Avenue 8?

Block 628 Hougang Avenue 8 was built in 1986 and has approximately 59 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 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 628 Hougang Avenue 8?

Block 628 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $575,000 to $994,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 628 Hougang Avenue 8 gone up or down?

Resale prices at Block 628 Hougang Avenue 8 have increased by approximately 52.7% over the past five years. The current median price is $668,000, with the most recent sale at $988,000 in 2025-11.

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