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Block 639 Hougang Avenue 8

Executive · Built 1987 · 63 years remaining lease MOP Cleared
Latest Sale
$715,000
Apr 2022 · EXECUTIVE · Floor 01-03
Median $/sqm
$4,831
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 10%
#57 / 579 Top 10%
Latest Sale ?
Top 31%
#179 / 579 Top 31%
Value ($/sqm) ?
Top 48%
#279 / 579 Top 48%
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%/yr
vs
Lease Decay
−0.44%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 63 years remaining 99 years
63 years 10 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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
Apr 2022 01 TO 03 EXECUTIVE 148 sqm $715,000 $4,831
Dec 2021 01 TO 03 EXECUTIVE 148 sqm $730,000 $4,932
Mar 2020 01 TO 03 EXECUTIVE 154 sqm $765,000 $4,968
Oct 2018 01 TO 03 EXECUTIVE 148 sqm $630,000 $4,257
Jun 2017 01 TO 03 EXECUTIVE 148 sqm $628,888 $4,249
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 639 Hougang Avenue 8

Block 639 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 63 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $628,888 to $765,000 based on 5 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $715,000 in 2022-04. The current median price per square metre is $4,831. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8887, with an annual lease decay rate of approximately 0.44%. 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 639 Hougang Avenue 8 worth?

The most recent resale transaction at Block 639 Hougang Avenue 8 was $715,000 for a executive flat in 2022-04. The median price per square metre across all flat types is $4,831, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 639 Hougang Avenue 8?

Block 639 Hougang Avenue 8 was built in 1987 and has approximately 63 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 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 639 Hougang Avenue 8?

Block 639 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $628,888 to $765,000 based on historical transaction records from data.gov.sg.

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