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Block 649 Hougang Avenue 8

5 Room · Built 1987 · 61 years remaining lease · Updated Aug 2025 MOP Cleared

Block 649 Hougang Avenue 8 has 7 recorded HDB resale transactions since 2017. Latest sale: $716,888 (Aug 2025, 5 room, floors 04–06). Median $4,375/sqm. Built 1987, 61 years lease remaining.

Latest Sale
$716,888
Aug 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$4,375
Based on 7 transactions
Total Transactions
7
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 37%
#215 / 580 Top 37%
Latest Sale ?
Top 30%
#172 / 580 Top 30%
Value ($/sqm) ?
Top 78%
#452 / 580 Top 78%
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
−0.49%/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 61 years remaining 99 years
61 years 2 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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
5-Room $3,400 typically $3,150–$3,450 5.7% 8 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2025 04 TO 06 5 ROOM 120 sqm $716,888 $5,974
Dec 2023 07 TO 09 5 ROOM 120 sqm $650,000 $5,417
Jun 2023 07 TO 09 5 ROOM 120 sqm $650,000 $5,417
Dec 2020 07 TO 09 5 ROOM 120 sqm $510,000 $4,250
Jul 2020 16 TO 18 5 ROOM 120 sqm $525,000 $4,375
Aug 2018 10 TO 12 5 ROOM 120 sqm $430,000 $3,583
Feb 2017 10 TO 12 5 ROOM 120 sqm $500,000 $4,167
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 649 Hougang Avenue 8

Block 649 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 61 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $430,000 to $716,888 based on 7 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $716,888 in 2025-08. The current median price per square metre is $4,375. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8781, with an annual lease decay rate of approximately 0.49%. 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 649 Hougang Avenue 8 worth?

The most recent resale transaction at Block 649 Hougang Avenue 8 was $716,888 for a 5 room flat in 2025-08. The median price per square metre across all flat types is $4,375, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 649 Hougang Avenue 8?

Block 649 Hougang Avenue 8 was built in 1987 and has approximately 61 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 649 Hougang Avenue 8?

Block 649 Hougang Avenue 8 in Hougang contains 5 room flats. Resale prices range from $430,000 to $716,888 based on historical transaction records from data.gov.sg.

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