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Block 951 Hougang Avenue 9

4 Room · 5 Room · Built 1999 · 73 years remaining lease MOP Cleared
Latest Sale
$760,000
Jul 2024 · 5 ROOM · Floor 13-15
Median $/sqm
$4,040
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 54%
#315 / 579 Top 54%
Latest Sale ?
Top 24%
#141 / 579 Top 24%
Value ($/sqm) ?
Top 94%
#543 / 579 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.
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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