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Block 655 Hougang Avenue 8

5 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$660,000
Apr 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$4,646
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +25.8%
Median price change
Median Price ?
Top 30%
#176 / 579 Top 30%
Latest Sale ?
Top 41%
#239 / 579 Top 41%
Value ($/sqm) ?
Top 59%
#340 / 579 Top 59%
5-Year Growth ?
Top 92%
#349 / 380 Top 92%
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
+4.7%/yr
vs
Lease Decay
−0.50%/yr
Growth assumption
Based on this block’s +25.8% 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 6 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
Apr 2026 01 TO 03 5 ROOM 120 sqm $660,000 $5,500
Nov 2025 07 TO 09 5 ROOM 120 sqm $730,000 $6,083
Oct 2022 16 TO 18 5 ROOM 120 sqm $605,000 $5,042
Aug 2022 10 TO 12 5 ROOM 120 sqm $610,000 $5,083
Apr 2022 07 TO 09 5 ROOM 120 sqm $550,000 $4,583
Apr 2022 10 TO 12 5 ROOM 120 sqm $586,800 $4,890
Oct 2021 13 TO 15 5 ROOM 120 sqm $555,000 $4,625
Sep 2021 13 TO 15 5 ROOM 120 sqm $560,000 $4,667
Feb 2021 04 TO 06 5 ROOM 120 sqm $498,000 $4,150
Feb 2021 13 TO 15 5 ROOM 120 sqm $549,888 $4,582
Feb 2018 01 TO 03 5 ROOM 120 sqm $438,000 $3,650
Feb 2017 13 TO 15 5 ROOM 120 sqm $535,000 $4,458
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 655 Hougang Avenue 8

Block 655 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 5 room flats, with resale prices ranging from $438,000 to $730,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $660,000 in 2026-04. The current median price per square metre is $4,646. Over the past five years, resale prices at this block have increased by approximately 25.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8752, 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 655 Hougang Avenue 8 worth?

The most recent resale transaction at Block 655 Hougang Avenue 8 was $660,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,646, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 655 Hougang Avenue 8?

Block 655 Hougang Avenue 8 was built in 1987 and has approximately 60 years and 6 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 655 Hougang Avenue 8?

Block 655 Hougang Avenue 8 in Hougang contains 5 room flats. Resale prices range from $438,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 655 Hougang Avenue 8 gone up or down?

Resale prices at Block 655 Hougang Avenue 8 have increased by approximately 25.8% over the past five years. The current median price is $557,500, with the most recent sale at $660,000 in 2026-04.

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