Blk 574 Hougang Street 51
About 574 Hougang St 51
574 Hougang Street 51 comprises 4 room and 5 room HDB blocks and is located in Hougang. It was completed in year 1995 and the lease commenced in 1997. The remaining lease period with HDB is therefore approximately 79 years.
The highest floor for this block is 17. The unit floor size are 98, 100, 117 and 118sqm, based on past transactions data. The latest resale transaction was in Aug 2023 and the highest transacted price was recorded in Jun 2023 for a 5 room unit at $658,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 574, including Yio Chu Kang Primary School, Hougang Primary School and Xinmin Primary School.
For secondary education, the nearby schools include Montfort Secondary School, Hougang Secondary School and Xinmin Secondary School.
Block 574 is also well-connected to public transportation, with several MRT stations close by, including Buangkok MRT Station (NE15) and Hougang MRT Station (NE14).
There are also 9 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $435,000 | $507,600 | $555,000 | 5 |
| 5 room | $555,000 | $607,667 | $658,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,000 | $2,580 | $3,800 | 5 |
| 5 room | $1,600 | $2,330 | $3,300 | 5 |
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 574 Hougang Street 51.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending up
- 5 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 574 Hougang Street 51, with the latest one recorded in Aug 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2023 | $610,000 | $5,169 | 5 Room | Blk 574 Hougang Street 51 5 Room / 118 sqm | 01 to 03 | 118 sqm | Improved | 1997 |
| Jul 2023 | $555,000 | $5,550 | 4 Room | Blk 574 Hougang Street 51 4 Room / 100 sqm | 07 to 09 | 100 sqm | Model A | 1997 |
| Jun 2023 | $658,000 | $5,624 | 5 Room | Blk 574 Hougang Street 51 5 Room / 117 sqm | 04 to 06 | 117 sqm | Improved | 1997 |
| Nov 2022 | $550,000 | $5,500 | 4 Room | Blk 574 Hougang Street 51 4 Room / 100 sqm | 13 to 15 | 100 sqm | Model A | 1997 |
| Jun 2022 | $543,000 | $5,541 | 4 Room | Blk 574 Hougang Street 51 4 Room / 98 sqm | 10 to 12 | 98 sqm | Model A | 1997 |
| Apr 2022 | $455,000 | $4,550 | 4 Room | Blk 574 Hougang Street 51 4 Room / 100 sqm | 04 to 06 | 100 sqm | Model A | 1997 |
| Jan 2022 | $435,000 | $4,350 | 4 Room | Blk 574 Hougang Street 51 4 Room / 100 sqm | 01 to 03 | 100 sqm | Model A | 1997 |
| Dec 2021 | $555,000 | $4,744 | 5 Room | Blk 574 Hougang Street 51 5 Room / 117 sqm | 07 to 09 | 117 sqm | Improved | 1997 |
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 574 Hougang Street 51.
- 4 room rental : Trending up
- 5 room rental : Stable trend
- 4 room rental price : Trending up
- 5 room rental price : Trending down
Rental transaction details and prices
There were a total of 10 rental transactions in the last 3 years for units in block 574 Hougang Street 51. The latest recorded one was in May 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| May 2024 | $1,600 | 5 Room | Blk 574 Hougang Street 51 5 Room | Hougang |
| Mar 2024 | $3,800 | 4 Room | Blk 574 Hougang Street 51 4 Room | Hougang |
| Feb 2024 | $3,300 | 5 Room | Blk 574 Hougang Street 51 5 Room | Hougang |
| Jan 2024 | $2,900 | 4 Room | Blk 574 Hougang Street 51 4 Room | Hougang |
| Jan 2024 | $2,200 | 4 Room | Blk 574 Hougang Street 51 4 Room | Hougang |
| Sep 2023 | $2,000 | 4 Room | Blk 574 Hougang Street 51 4 Room | Hougang |
| May 2023 | $2,500 | 5 Room | Blk 574 Hougang Street 51 5 Room | Hougang |
| Feb 2023 | $1,800 | 5 Room | Blk 574 Hougang Street 51 5 Room | Hougang |
| Aug 2022 | $2,450 | 5 Room | Blk 574 Hougang Street 51 5 Room | Hougang |
| Jan 2022 | $2,000 | 4 Room | Blk 574 Hougang Street 51 4 Room | Hougang |
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Property information for 574 Hougang Street 51
| Block | : | 574 |
| Street | : | Hougang Street 51 |
| Building | : | |
| Postal code | : | 530574 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 98 sqm, 100 sqm, 117 sqm, 118 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Model A, Improved |
| Lease commencement | : | 1997 |
| Year completed | : | 1995 |
| Max. Floor | : | 17 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
