Blk 507 Hougang Avenue 8
About 507 Hougang Ave 8
507 Hougang Avenue 8 is an HDB block in Hougang. It comprises 4 room units with the highest floor being 12. The block was completed in 1985 and the lease with HDB commenced in the year 1986. This leaves a remaining lease period of approximately 68 years 01 month.
Based on past transactions data, the unit floor size are 84, 90, 103 and 104sqm. The latest resale transaction was in Apr 2024 and the highest transacted price was recorded in Mar 2023 for a 4 room unit at $588,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 507, including Xinmin Primary School, Yio Chu Kang Primary School and Holy Innocents' Primary School.
For secondary education, the nearby schools include Montfort Secondary School, Xinmin Secondary School and Hougang Secondary School.
Public transportation is also convenient, with several MRT stations close to 507, including Hougang MRT Station (NE14). There are also 9 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $435,888 | $516,825 | $588,000 | 7 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,800 | $2,844 | $3,700 | 9 |
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 507 Hougang Avenue 8.
- 4 room sales : Trending down
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 7 resale transactions in the last 3 years for units in block 507 Hougang Avenue 8, with the latest one recorded in Apr 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Apr 2024 | $570,000 | $5,481 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1986 |
| Nov 2023 | $575,000 | $5,583 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 103 sqm | 07 to 09 | 103 sqm | Model A | 1986 |
| Apr 2023 | $488,888 | $5,820 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1986 |
| Mar 2023 | $435,888 | $5,189 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1986 |
| Mar 2023 | $588,000 | $5,654 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 104 sqm | 10 to 12 | 104 sqm | Model A | 1986 |
| Mar 2023 | $475,000 | $5,655 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 84 sqm | 01 to 03 | 84 sqm | Simplified | 1986 |
| Feb 2023 | $485,000 | $5,774 | 4 Room | Blk 507 Hougang Avenue 8 4 Room / 84 sqm | 10 to 12 | 84 sqm | Simplified | 1986 |
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 507 Hougang Avenue 8.
- 4 room rental : Trending down
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 9 rental transactions in the last 3 years for units in block 507 Hougang Avenue 8. The latest recorded one was in Jun 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jun 2024 | $3,000 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| Mar 2024 | $3,400 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| Jul 2023 | $3,600 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| Mar 2023 | $3,700 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| Feb 2023 | $3,500 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| May 2022 | $1,800 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| May 2022 | $2,700 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| Apr 2022 | $2,100 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
| Dec 2021 | $1,800 | 4 Room | Blk 507 Hougang Avenue 8 4 Room | Hougang |
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Property information for 507 Hougang Avenue 8
| Block | : | 507 |
| Street | : | Hougang Avenue 8 |
| Building | : | |
| Postal code | : | 530507 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 84 sqm, 90 sqm, 103 sqm, 104 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Simplified, Model A |
| Lease commencement | : | 1986 |
| Year completed | : | 1985 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |