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Block 653 Hougang Avenue 8

5 Room · Built 1987 · 61 years remaining lease MOP Cleared
Latest Sale
$690,000
Jul 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$4,000
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 52%
#299 / 579 Top 52%
Latest Sale ?
Top 34%
#199 / 579 Top 34%
Value ($/sqm) ?
Top 96%
#554 / 579 Top 96%
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
−0.48%/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 5 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/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
Jul 2025 04 TO 06 5 ROOM 120 sqm $690,000 $5,750
Aug 2023 01 TO 03 5 ROOM 120 sqm $633,000 $5,275
Mar 2023 10 TO 12 5 ROOM 120 sqm $650,000 $5,417
Jan 2022 07 TO 09 5 ROOM 120 sqm $580,000 $4,833
Oct 2020 04 TO 06 5 ROOM 120 sqm $480,000 $4,000
Sep 2020 04 TO 06 5 ROOM 120 sqm $480,000 $4,000
Aug 2020 01 TO 03 5 ROOM 120 sqm $436,000 $3,633
Jul 2018 10 TO 12 5 ROOM 120 sqm $440,000 $3,667
Nov 2017 07 TO 09 5 ROOM 120 sqm $445,000 $3,708
Mar 2017 10 TO 12 5 ROOM 120 sqm $478,000 $3,983
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 653 Hougang Avenue 8

Block 653 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 $436,000 to $690,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $690,000 in 2025-07. The current median price per square metre is $4,000. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8791, with an annual lease decay rate of approximately 0.48%. 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 653 Hougang Avenue 8 worth?

The most recent resale transaction at Block 653 Hougang Avenue 8 was $690,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $4,000, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 653 Hougang Avenue 8?

Block 653 Hougang Avenue 8 was built in 1987 and has approximately 61 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 653 Hougang Avenue 8?

Block 653 Hougang Avenue 8 in Hougang contains 5 room flats. Resale prices range from $436,000 to $690,000 based on historical transaction records from data.gov.sg.

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