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Block 631 Hougang Avenue 8

3 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$412,000
Aug 2025 · 3 ROOM · Floor 10-12
Median $/sqm
$5,000
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +40.6%
Median price change
Median Price ?
Top 96%
#556 / 579 Top 96%
Latest Sale ?
Top 95%
#548 / 579 Top 95%
Value ($/sqm) ?
Top 40%
#230 / 579 Top 40%
5-Year Growth ?
Top 40%
#152 / 380 Top 40%
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
+7.1%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +40.6% 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 1 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 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.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2025 10 TO 12 3 ROOM 60 sqm $412,000 $6,867
Jun 2025 07 TO 09 3 ROOM 60 sqm $415,000 $6,917
Apr 2025 01 TO 03 3 ROOM 69 sqm $418,000 $6,058
Mar 2025 04 TO 06 3 ROOM 60 sqm $409,500 $6,825
Jul 2024 01 TO 03 3 ROOM 69 sqm $390,000 $5,652
May 2024 10 TO 12 3 ROOM 60 sqm $380,000 $6,333
May 2024 07 TO 09 3 ROOM 60 sqm $383,888 $6,398
Apr 2024 04 TO 06 3 ROOM 69 sqm $391,000 $5,667
Mar 2024 13 TO 15 3 ROOM 60 sqm $375,000 $6,250
Oct 2023 04 TO 06 3 ROOM 60 sqm $370,000 $6,167
Jul 2023 07 TO 09 3 ROOM 60 sqm $371,000 $6,183
May 2023 01 TO 03 3 ROOM 60 sqm $358,000 $5,967
Aug 2022 04 TO 06 3 ROOM 60 sqm $335,000 $5,583
Dec 2021 04 TO 06 3 ROOM 60 sqm $300,000 $5,000
Nov 2021 04 TO 06 3 ROOM 60 sqm $290,000 $4,833
Oct 2021 07 TO 09 3 ROOM 60 sqm $298,000 $4,967
Aug 2021 01 TO 03 3 ROOM 60 sqm $272,000 $4,533
Mar 2021 07 TO 09 3 ROOM 60 sqm $282,000 $4,700
Jan 2021 13 TO 15 3 ROOM 69 sqm $330,000 $4,783
Dec 2020 10 TO 12 3 ROOM 60 sqm $272,000 $4,533
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 631 Hougang Avenue 8

Block 631 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $265,888 to $418,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $412,000 in 2025-08. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 40.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8690, 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 631 Hougang Avenue 8 worth?

The most recent resale transaction at Block 631 Hougang Avenue 8 was $412,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $5,000, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 631 Hougang Avenue 8?

Block 631 Hougang Avenue 8 was built in 1985 and has approximately 59 years and 1 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 631 Hougang Avenue 8?

Block 631 Hougang Avenue 8 in Hougang contains 3 room flats. Resale prices range from $265,888 to $418,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 631 Hougang Avenue 8 gone up or down?

Resale prices at Block 631 Hougang Avenue 8 have increased by approximately 40.6% over the past five years. The current median price is $330,000, with the most recent sale at $412,000 in 2025-08.

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