Skip to content

Block 629 Hougang Avenue 8

3 Room · 4 Room · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$420,000
Jan 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,826
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +34.8%
Median price change
Median Price ?
Top 89%
#513 / 579 Top 89%
Latest Sale ?
Top 94%
#544 / 579 Top 94%
Value ($/sqm) ?
Top 48%
#280 / 579 Top 48%
5-Year Growth ?
Top 65%
#246 / 380 Top 65%
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
+6.2%/yr
vs
Lease Decay
−0.50%/yr
Growth assumption
Based on this block’s +34.8% 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 60 years remaining 99 years
60 years 8 months
Remaining lease
↓ 0.50%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.50%/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
Jan 2025 01 TO 03 3 ROOM 64 sqm $420,000 $6,563
Apr 2024 10 TO 12 4 ROOM 104 sqm $568,888 $5,470
Mar 2024 07 TO 09 4 ROOM 104 sqm $566,980 $5,452
Oct 2023 07 TO 09 3 ROOM 64 sqm $373,000 $5,828
Feb 2023 01 TO 03 4 ROOM 104 sqm $487,000 $4,683
Dec 2022 04 TO 06 3 ROOM 64 sqm $363,000 $5,672
Nov 2022 10 TO 12 4 ROOM 84 sqm $450,000 $5,357
Nov 2022 07 TO 09 4 ROOM 104 sqm $555,000 $5,337
May 2022 01 TO 03 3 ROOM 64 sqm $330,000 $5,156
May 2022 01 TO 03 4 ROOM 104 sqm $490,000 $4,712
Mar 2022 01 TO 03 3 ROOM 64 sqm $337,000 $5,266
Mar 2022 07 TO 09 4 ROOM 104 sqm $500,000 $4,808
Feb 2022 07 TO 09 3 ROOM 64 sqm $350,000 $5,469
Jan 2022 01 TO 03 3 ROOM 64 sqm $328,000 $5,125
Nov 2021 07 TO 09 4 ROOM 104 sqm $490,000 $4,712
Aug 2021 10 TO 12 3 ROOM 64 sqm $330,000 $5,156
Jul 2021 04 TO 06 3 ROOM 64 sqm $305,000 $4,766
Jul 2021 07 TO 09 3 ROOM 64 sqm $310,000 $4,844
Jul 2021 07 TO 09 3 ROOM 64 sqm $313,000 $4,891
Aug 2020 01 TO 03 4 ROOM 104 sqm $365,000 $3,510
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 629 Hougang Avenue 8

Block 629 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 60 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $252,000 to $568,888 based on 28 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $420,000 in 2025-01. The current median price per square metre is $4,826. Over the past five years, resale prices at this block have increased by approximately 34.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8759, with an annual lease decay rate of approximately 0.50%. 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 629 Hougang Avenue 8 worth?

The most recent resale transaction at Block 629 Hougang Avenue 8 was $420,000 for a 3 room flat in 2025-01. The median price per square metre across all flat types is $4,826, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 629 Hougang Avenue 8?

Block 629 Hougang Avenue 8 was built in 1986 and has approximately 60 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.

What flat types are available at Block 629 Hougang Avenue 8?

Block 629 Hougang Avenue 8 in Hougang contains 3 room, 4 room flats. Resale prices range from $252,000 to $568,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 629 Hougang Avenue 8 gone up or down?

Resale prices at Block 629 Hougang Avenue 8 have increased by approximately 34.8% over the past five years. The current median price is $364,000, with the most recent sale at $420,000 in 2025-01.

Link copied to clipboard