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Block 962 Hougang Avenue 9

5 Room · Built 1999 · 73 years remaining lease MOP Cleared
Latest Sale
$690,888
Mar 2025 · 5 ROOM · Floor 01-03
Median $/sqm
$4,612
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 35%
#200 / 579 Top 35%
Latest Sale ?
Top 34%
#197 / 579 Top 34%
Value ($/sqm) ?
Top 61%
#352 / 579 Top 61%
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 6 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
Mar 2025 01 TO 03 5 ROOM 116 sqm $690,888 $5,956
Jun 2024 04 TO 06 5 ROOM 116 sqm $590,000 $5,086
Oct 2023 13 TO 15 5 ROOM 115 sqm $650,000 $5,652
Aug 2023 10 TO 12 5 ROOM 115 sqm $638,888 $5,556
Apr 2023 01 TO 03 5 ROOM 116 sqm $580,000 $5,000
Jul 2022 10 TO 12 5 ROOM 116 sqm $598,000 $5,155
Apr 2022 13 TO 15 5 ROOM 116 sqm $582,000 $5,017
Jun 2020 04 TO 06 5 ROOM 115 sqm $458,000 $3,983
Mar 2020 04 TO 06 5 ROOM 115 sqm $458,000 $3,983
Jan 2020 04 TO 06 5 ROOM 116 sqm $490,000 $4,224
May 2018 01 TO 03 5 ROOM 116 sqm $390,000 $3,362
Apr 2018 04 TO 06 5 ROOM 115 sqm $416,000 $3,617
Apr 2018 10 TO 12 5 ROOM 116 sqm $428,000 $3,690
May 2017 01 TO 03 5 ROOM 116 sqm $386,000 $3,328
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 962 Hougang Avenue 9

Block 962 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 5 room flats, with resale prices ranging from $386,000 to $690,888 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $690,888 in 2025-03. The current median price per square metre is $4,612. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9202, 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 962 Hougang Avenue 9 worth?

The most recent resale transaction at Block 962 Hougang Avenue 9 was $690,888 for a 5 room flat in 2025-03. The median price per square metre across all flat types is $4,612, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 962 Hougang Avenue 9?

Block 962 Hougang Avenue 9 was built in 1999 and has approximately 73 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 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 962 Hougang Avenue 9?

Block 962 Hougang Avenue 9 in Hougang contains 5 room flats. Resale prices range from $386,000 to $690,888 based on historical transaction records from data.gov.sg.

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