Blk 542 Hougang Avenue 8
About 542 Hougang Ave 8
542 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 1991 and the lease with HDB commenced in 1992. This means that the remaining lease period is approximately 74 years 07 months. The unit floor size are 103, 109, 120 and 123sqm. The latest resale transaction was in Sep 2023 and the highest transacted price was recorded in Sep 2023 for a 4 room unit at $700,100.
There are several primary schools located within 1km of block 542, including Punggol Primary School, Yio Chu Kang Primary School and Palm View Primary School.
For secondary education, the nearby schools include Montfort Secondary School and North Vista Secondary School.
Block 542 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) and Buangkok MRT Station (NE15).
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 | $480,000 | $543,275 | $700,100 | 4 |
| 5 room | $568,000 | $568,000 | $568,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,700 | $2,538 | $3,700 | 8 |
| 5 room | $3,700 | $3,700 | $3,700 | 1 |
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 542 Hougang Avenue 8.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room price : Stable or no visible trend
Resale transaction details and prices
There were a total of 5 resale transactions in the last 3 years for units in block 542 Hougang Avenue 8, with the latest one recorded in Sep 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Sep 2023 | $700,100 | $6,797 | 4 Room | Blk 542 Hougang Avenue 8 4 Room / 103 sqm | 10 to 12 | 103 sqm | Model A | 1992 |
| Oct 2022 | $495,000 | $4,806 | 4 Room | Blk 542 Hougang Avenue 8 4 Room / 103 sqm | 04 to 06 | 103 sqm | Model A | 1992 |
| Sep 2022 | $480,000 | $4,660 | 4 Room | Blk 542 Hougang Avenue 8 4 Room / 103 sqm | 01 to 03 | 103 sqm | Model A | 1992 |
| Jul 2022 | $498,000 | $4,835 | 4 Room | Blk 542 Hougang Avenue 8 4 Room / 103 sqm | 01 to 03 | 103 sqm | Model A | 1992 |
| Apr 2022 | $568,000 | $4,618 | 5 Room | Blk 542 Hougang Avenue 8 5 Room / 123 sqm | 01 to 03 | 123 sqm | Improved | 1992 |
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 542 Hougang Avenue 8.
- 4 room rental : Trending up
- 5 room rental : Stable trend
- 4 room rental price : Trending up
- 5 room rental price : Stable trend
Rental transaction details and prices
There were a total of 9 rental transactions in the last 3 years for units in block 542 Hougang Avenue 8. The latest recorded one was in May 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| May 2024 | $3,700 | 5 Room | Blk 542 Hougang Avenue 8 5 Room | Hougang |
| Nov 2023 | $3,600 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Nov 2023 | $2,500 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Oct 2023 | $3,700 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Oct 2023 | $2,200 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Apr 2023 | $2,100 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Jan 2023 | $2,700 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Mar 2022 | $1,800 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
| Nov 2021 | $1,700 | 4 Room | Blk 542 Hougang Avenue 8 4 Room | Hougang |
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Property information for 542 Hougang Avenue 8
| Block | : | 542 |
| Street | : | Hougang Avenue 8 |
| Building | : | |
| Postal code | : | 530542 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 103 sqm, 109 sqm, 120 sqm, 123 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Model A |
| Lease commencement | : | 1992 |
| Year completed | : | 1991 |
| Max. Floor | : | 10 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |