Blk 502 Hougang Avenue 8
About 502 Hougang Ave 8
502 Hougang Avenue 8 is an HDB block located in Hougang. It has 4 room and 5 room units and the highest floor is 10. The block was completed in 1985 and the lease with HDB commenced in 1987. This means that the remaining lease period is approximately 69 years. The unit floor size are 84, 103 and 121sqm. The latest resale transaction was in Jul 2024 and the highest transacted price was recorded in Oct 2023 for a 5 room unit at $645,000.
There are several primary schools located within 1km of block 502, including Xinmin Primary School, Yio Chu Kang Primary School and Hougang Primary School.
For secondary education, the nearby schools include Montfort Secondary School, Xinmin Secondary School and Hougang Secondary School.
Block 502 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Hougang MRT Station (NE14).
There are also 8 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $505,000 | $507,500 | $510,000 | 2 |
| 5 room | $591,499 | $618,250 | $645,000 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,100 | $2,706 | $3,500 | 8 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 502 Hougang Avenue 8.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending down
- 5 room price : Trending up
Resale transaction details and prices
There were a total of 4 resale transactions in the last 3 years for units in block 502 Hougang Avenue 8, with the latest one recorded in Jul 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jul 2024 | $505,000 | $6,012 | 4 Room | Blk 502 Hougang Avenue 8 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1987 |
| Mar 2024 | $510,000 | $6,071 | 4 Room | Blk 502 Hougang Avenue 8 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1987 |
| Oct 2023 | $645,000 | $5,331 | 5 Room | Blk 502 Hougang Avenue 8 5 Room / 121 sqm | 07 to 09 | 121 sqm | Improved | 1987 |
| Aug 2023 | $591,499 | $4,888 | 5 Room | Blk 502 Hougang Avenue 8 5 Room / 121 sqm | 04 to 06 | 121 sqm | Improved | 1987 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 502 Hougang Avenue 8.
- 4 room rental : Trending down
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 8 rental transactions in the last 3 years for units in block 502 Hougang Avenue 8. The latest recorded one was in Sep 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Sep 2024 | $3,200 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Aug 2024 | $3,500 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Jun 2023 | $2,900 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Apr 2023 | $2,800 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Mar 2023 | $2,300 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Mar 2023 | $2,200 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Sep 2022 | $2,650 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
| Feb 2022 | $2,100 | 4 Room | Blk 502 Hougang Avenue 8 4 Room | Hougang |
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Property information for 502 Hougang Avenue 8
| Block | : | 502 |
| Street | : | Hougang Avenue 8 |
| Building | : | |
| Postal code | : | 530502 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 84 sqm, 103 sqm, 121 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Simplified, Model A |
| Lease commencement | : | 1987 |
| Year completed | : | 1985 |
| Max. Floor | : | 10 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
