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Block 951 Hougang Avenue 9

4 Room · 5 Room · Built 1999 · 73 years remaining lease · Updated Jul 2024 MOP Cleared

Block 951 Hougang Avenue 9 has 15 recorded HDB resale transactions since 2017. Latest sale: $760,000 (Jul 2024, 5 room, floors 13–15). Median $4,040/sqm. Built 1999, 73 years lease remaining.

Latest Sale
$760,000
Jul 2024 · 5 ROOM · Floor 13-15
Median $/sqm
$4,040
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 56%
#323 / 580 Top 56%
Latest Sale ?
Top 23%
#136 / 580 Top 23%
Value ($/sqm) ?
Top 94%
#545 / 580 Top 94%
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
−0.30%/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 73 years remaining 99 years
73 years 11 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.30%/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). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,000–$3,500 6.1% Hougang avg · block too thin
5-Room $3,450 typically $3,200–$3,600 5.4% Hougang avg · block too thin
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
Jul 2024 13 TO 15 5 ROOM 121 sqm $760,000 $6,281
May 2023 10 TO 12 4 ROOM 101 sqm $514,000 $5,089
Oct 2022 07 TO 09 4 ROOM 101 sqm $500,000 $4,950
Jul 2022 10 TO 12 5 ROOM 121 sqm $627,000 $5,182
Sep 2021 01 TO 03 5 ROOM 121 sqm $475,000 $3,926
May 2021 01 TO 03 5 ROOM 121 sqm $470,000 $3,884
Mar 2021 01 TO 03 4 ROOM 101 sqm $408,000 $4,040
Feb 2021 13 TO 15 4 ROOM 101 sqm $423,000 $4,188
Oct 2019 01 TO 03 5 ROOM 121 sqm $430,000 $3,554
Jun 2019 13 TO 15 5 ROOM 121 sqm $510,000 $4,215
Mar 2019 10 TO 12 5 ROOM 121 sqm $472,000 $3,901
Jul 2018 04 TO 06 5 ROOM 121 sqm $448,000 $3,702
Jul 2018 07 TO 09 5 ROOM 121 sqm $480,000 $3,967
Jun 2018 04 TO 06 4 ROOM 101 sqm $353,000 $3,495
Apr 2017 10 TO 12 4 ROOM 101 sqm $408,000 $4,040
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 951 Hougang Avenue 9

Block 951 at Hougang Avenue 9 is a residential HDB block in Hougang, Singapore, built in 1999 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $353,000 to $760,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 13 TO 15 sold for $760,000 in 2024-07. The current median price per square metre is $4,040. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9214, with an annual lease decay rate of approximately 0.30%. 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 951 Hougang Avenue 9 worth?

The most recent resale transaction at Block 951 Hougang Avenue 9 was $760,000 for a 5 room flat in 2024-07. The median price per square metre across all flat types is $4,040, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 951 Hougang Avenue 9?

Block 951 Hougang Avenue 9 was built in 1999 and has approximately 73 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 951 Hougang Avenue 9?

Block 951 Hougang Avenue 9 in Hougang contains 4 room, 5 room flats. Resale prices range from $353,000 to $760,000 based on historical transaction records from data.gov.sg.

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