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Block 548 Hougang Street 51

4 Room · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$622,000
Mar 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$4,038
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +41.1%
Median price change
Median Price ?
Top 73%
#421 / 579 Top 73%
Latest Sale ?
Top 50%
#290 / 579 Top 50%
Value ($/sqm) ?
Top 94%
#545 / 579 Top 94%
5-Year Growth ?
Top 38%
#144 / 380 Top 38%
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
+7.1%/yr
vs
Lease Decay
−0.41%/yr
Growth assumption
Based on this block’s +41.1% 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 65 years remaining 99 years
65 years 7 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/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 2026 10 TO 12 4 ROOM 103 sqm $622,000 $6,039
Mar 2023 07 TO 09 4 ROOM 103 sqm $530,000 $5,146
Jul 2022 01 TO 03 4 ROOM 103 sqm $480,000 $4,660
Jun 2022 07 TO 09 4 ROOM 103 sqm $500,000 $4,854
Sep 2021 04 TO 06 4 ROOM 102 sqm $455,000 $4,461
Apr 2021 04 TO 06 4 ROOM 103 sqm $440,888 $4,280
Jan 2021 07 TO 09 4 ROOM 103 sqm $415,000 $4,029
Dec 2020 10 TO 12 4 ROOM 103 sqm $430,000 $4,175
Apr 2020 07 TO 09 4 ROOM 103 sqm $362,000 $3,515
Dec 2019 04 TO 06 4 ROOM 103 sqm $374,000 $3,631
Dec 2019 04 TO 06 4 ROOM 103 sqm $348,000 $3,379
Apr 2018 04 TO 06 4 ROOM 103 sqm $355,000 $3,447
Feb 2018 04 TO 06 4 ROOM 103 sqm $340,000 $3,301
Jun 2017 07 TO 09 4 ROOM 103 sqm $405,000 $3,932
May 2017 07 TO 09 4 ROOM 104 sqm $420,000 $4,038
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 548 Hougang Street 51

Block 548 at Hougang Street 51 is a residential HDB block in Hougang, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $340,000 to $622,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $622,000 in 2026-03. The current median price per square metre is $4,038. Over the past five years, resale prices at this block have increased by approximately 41.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8952, with an annual lease decay rate of approximately 0.41%. 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 548 Hougang Street 51 worth?

The most recent resale transaction at Block 548 Hougang Street 51 was $622,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,038, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 548 Hougang Street 51?

Block 548 Hougang Street 51 was built in 1992 and has approximately 65 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 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 548 Hougang Street 51?

Block 548 Hougang Street 51 in Hougang contains 4 room flats. Resale prices range from $340,000 to $622,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 548 Hougang Street 51 gone up or down?

Resale prices at Block 548 Hougang Street 51 have increased by approximately 41.1% over the past five years. The current median price is $420,000, with the most recent sale at $622,000 in 2026-03.

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