Blk 506 Hougang Avenue 8
About 506 Hougang Ave 8
506 Hougang Avenue 8 is an HDB block located in Hougang. It has 4 room units and the highest floor is 12. The block was completed in 1985 and the lease with HDB commenced in 1987. This means that the remaining lease period is approximately 68 years 11 months. The unit floor size are 84, 89, 90, 103 and 104sqm. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Feb 2024 for a 4 room unit at $590,000.
There are several primary schools located within 1km of block 506, 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 506 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 10 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $430,000 | $509,750 | $590,000 | 8 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,800 | $2,800 | $3,500 | 10 |
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 units at 506 Hougang Avenue 8.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 506 Hougang Avenue 8, with the latest one recorded in Mar 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Mar 2024 | $500,000 | $5,952 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1987 |
| Feb 2024 | $590,000 | $5,673 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1987 |
| Dec 2023 | $500,000 | $5,952 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 84 sqm | 07 to 09 | 84 sqm | Simplified | 1987 |
| Sep 2023 | $528,000 | $5,126 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 103 sqm | 01 to 03 | 103 sqm | Model A | 1987 |
| Jan 2023 | $520,000 | $5,000 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 104 sqm | 07 to 09 | 104 sqm | Model A | 1987 |
| Dec 2022 | $450,000 | $5,056 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 89 sqm | 01 to 03 | 89 sqm | Simplified | 1987 |
| Sep 2022 | $430,000 | $5,119 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1987 |
| Jun 2022 | $560,000 | $5,437 | 4 Room | Blk 506 Hougang Avenue 8 4 Room / 103 sqm | 07 to 09 | 103 sqm | Model A | 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 units at 506 Hougang Avenue 8.
- 4 room rental : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 10 rental transactions in the last 3 years for units in block 506 Hougang Avenue 8. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $2,800 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Jul 2024 | $3,500 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Oct 2023 | $3,000 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Sep 2023 | $2,900 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Jun 2023 | $3,400 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Jun 2023 | $2,400 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Mar 2023 | $3,000 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Nov 2022 | $3,200 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Sep 2022 | $2,000 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
| Feb 2022 | $1,800 | 4 Room | Blk 506 Hougang Avenue 8 4 Room | Hougang |
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Property information for 506 Hougang Avenue 8
| Block | : | 506 |
| Street | : | Hougang Avenue 8 |
| Building | : | |
| Postal code | : | 530506 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 84 sqm, 89 sqm, 90 sqm, 103 sqm, 104 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Simplified, Model A |
| Lease commencement | : | 1987 |
| Year completed | : | 1985 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
