Blk 550 Hougang Street 51
About 550 Hougang St 51
550 Hougang Street 51 is an HDB block located in Hougang. It has 4 room units and the highest floor is 13. The block was completed in 1990 and the lease with HDB commenced in 1992. This means that the remaining lease period is approximately 74 years 06 months. The unit floor size are 103, 105, 106 and 111sqm. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Aug 2024 for a 4 room unit at $650,000.
There are several primary schools located within 1km of block 550, including Punggol Primary School, Yio Chu Kang Primary School and Palm View Primary School.
For secondary education, the nearby schools include Montfort Secondary School, Hougang Secondary School and North Vista Secondary School.
Block 550 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 : Buangkok MRT Station (NE15) and 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 | $510,000 | $597,341 | $650,000 | 7 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,000 | $3,067 | $3,500 | 6 |
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 550 Hougang Street 51.
- 4 room sales : Trending up
- 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 550 Hougang Street 51, with the latest one recorded in Aug 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2024 | $650,000 | $5,856 | 4 Room | Blk 550 Hougang Street 51 4 Room / 111 sqm | 01 to 03 | 111 sqm | Model A | 1992 |
| Aug 2024 | $618,888 | $6,009 | 4 Room | Blk 550 Hougang Street 51 4 Room / 103 sqm | 10 to 12 | 103 sqm | Model A | 1992 |
| Mar 2024 | $633,000 | $6,146 | 4 Room | Blk 550 Hougang Street 51 4 Room / 103 sqm | 10 to 12 | 103 sqm | Model A | 1992 |
| Jan 2024 | $625,000 | $5,896 | 4 Room | Blk 550 Hougang Street 51 4 Room / 106 sqm | 10 to 12 | 106 sqm | Model A | 1992 |
| Jul 2023 | $568,000 | $5,358 | 4 Room | Blk 550 Hougang Street 51 4 Room / 106 sqm | 13 to 15 | 106 sqm | Model A | 1992 |
| Feb 2023 | $510,000 | $4,951 | 4 Room | Blk 550 Hougang Street 51 4 Room / 103 sqm | 01 to 03 | 103 sqm | Model A | 1992 |
| Jan 2023 | $576,500 | $5,194 | 4 Room | Blk 550 Hougang Street 51 4 Room / 111 sqm | 13 to 15 | 111 sqm | Model A | 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 units at 550 Hougang Street 51.
- 4 room rental : Stable trend
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 6 rental transactions in the last 3 years for units in block 550 Hougang Street 51. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $3,300 | 4 Room | Blk 550 Hougang Street 51 4 Room | Hougang |
| Aug 2024 | $3,500 | 4 Room | Blk 550 Hougang Street 51 4 Room | Hougang |
| Feb 2024 | $3,400 | 4 Room | Blk 550 Hougang Street 51 4 Room | Hougang |
| Nov 2023 | $3,300 | 4 Room | Blk 550 Hougang Street 51 4 Room | Hougang |
| Oct 2022 | $2,900 | 4 Room | Blk 550 Hougang Street 51 4 Room | Hougang |
| Dec 2021 | $2,000 | 4 Room | Blk 550 Hougang Street 51 4 Room | Hougang |
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Property information for 550 Hougang Street 51
| Block | : | 550 |
| Street | : | Hougang Street 51 |
| Building | : | |
| Postal code | : | 530550 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 103 sqm, 105 sqm, 106 sqm, 111 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Model A |
| Lease commencement | : | 1992 |
| Year completed | : | 1990 |
| Max. Floor | : | 13 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
