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Block 654 Hougang Avenue 8

Executive · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$920,000
Jan 2026 · EXECUTIVE · Floor 01-03
Median $/sqm
$4,528
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
▲ +37.3%
Median price change
Median Price ?
Top 15%
#86 / 579 Top 15%
Latest Sale ?
Top 10%
#59 / 579 Top 10%
Value ($/sqm) ?
Top 66%
#384 / 579 Top 66%
5-Year Growth ?
Top 54%
#207 / 380 Top 54%
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
+6.5%/yr
vs
Lease Decay
−0.50%/yr
Growth assumption
Based on this block’s +37.3% 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 7 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 2026 01 TO 03 EXECUTIVE 146 sqm $920,000 $6,301
May 2024 01 TO 03 EXECUTIVE 144 sqm $900,000 $6,250
Jan 2021 01 TO 03 EXECUTIVE 151 sqm $670,000 $4,437
Oct 2019 01 TO 03 EXECUTIVE 146 sqm $625,000 $4,281
Jun 2018 01 TO 03 EXECUTIVE 144 sqm $665,000 $4,618
Oct 2017 01 TO 03 EXECUTIVE 144 sqm $625,000 $4,340
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 654 Hougang Avenue 8

Block 654 at Hougang Avenue 8 is a residential HDB block in Hougang, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $625,000 to $920,000 based on 6 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $920,000 in 2026-01. The current median price per square metre is $4,528. Over the past five years, resale prices at this block have increased by approximately 37.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8756, 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 654 Hougang Avenue 8 worth?

The most recent resale transaction at Block 654 Hougang Avenue 8 was $920,000 for a executive flat in 2026-01. The median price per square metre across all flat types is $4,528, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 654 Hougang Avenue 8?

Block 654 Hougang Avenue 8 was built in 1987 and has approximately 60 years and 7 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 654 Hougang Avenue 8?

Block 654 Hougang Avenue 8 in Hougang contains executive flats. Resale prices range from $625,000 to $920,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 654 Hougang Avenue 8 gone up or down?

Resale prices at Block 654 Hougang Avenue 8 have increased by approximately 37.3% over the past five years. The current median price is $667,500, with the most recent sale at $920,000 in 2026-01.

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