Blk 708 Hougang Ave 2 is an HDB block in Hougang (completed in 1984, 10 storeys, 112 units). As of Jul 2026, its median resale price over the last 24 months is $551,000, about 2% below the Hougang median, from 3 sales. 131 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1984 |
| Lease from | 1985 |
| Storeys | 10 |
| Dwelling units | 112 |
| Unit mix (sold) | 3-room ×18 · 4-room ×94 |
| Recorded resales | 131 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $551,000 | $6,055/m² | 3 |
Median monthly rent at this block: $2,975/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~6.5% (Hougang average: ~6.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 68% of Hougang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $488,740–$546,726 (central estimate $517,733). Recent sales — median $506,240 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $91,500 | $171,298 | 2 |
| 1991 | $75,500 | $136,644 | 2 |
| 1992 | $95,000 | $168,163 | 5 |
| 1993 | $99,000 | $171,318 | 6 |
| 1994 | $174,000 | $292,069 | 4 |
| 1995 | $192,800 | $318,137 | 7 |
| 1996 | $261,500 | $425,624 | 6 |
| 1997 | $236,500 | $377,301 | 2 |
| 1998 | $216,000 | $345,536 | 9 |
| 1999 | $225,000 | $359,848 | 11 |
| 2000 | $219,500 | $346,380 | 8 |
| 2001 | $140,000 | $218,709 | 3 |
| 2002 | $183,000 | $287,008 | 5 |
| 2003 | $182,500 | $284,834 | 6 |
| 2004 | $205,000 | $314,689 | 3 |
| 2005 | $185,000 | $282,650 | 8 |
| 2006 | $191,000 | $289,025 | 4 |
| 2008 | $230,100 | $319,778 | 2 |
| 2009 | $250,000 | $345,402 | 3 |
| 2010 | $291,500 | $391,659 | 2 |
| 2011 | $366,000 | $467,220 | 3 |
| 2012 | $423,000 | $516,331 | 2 |
| 2014 | $354,000 | $417,808 | 4 |
| 2015 | $385,000 | $456,784 | 4 |
| 2017 | $370,000 | $438,791 | 4 |
| 2018 | $332,000 | $392,008 | 1 |
| 2019 | $335,000 | $393,318 | 1 |
| 2020 | $308,500 | $362,829 | 2 |
| 2021 | $307,500 | $353,467 | 2 |
| 2022 | $455,000 | $492,801 | 3 |
| 2023 | $490,000 | $506,240 | 2 |
| 2024 | $504,250 | $508,803 | 2 |
| 2025 | $551,000 | $551,000 | 3 |
| Record sale | $595,000 (4-Room, 2025-12) |
|---|---|
| First recorded sale | $113,000 (1990-06) |
| Busiest year | 1999 · 11 sales |
| 10-year change (real) | +21% (+1.9%/yr, 2015→2025) |
| Total transacted | $31.4M across 131 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-12 | 4-Room | 07 TO 09 | 93 | $595,000 |
| 2025-08 | 4-Room | 01 TO 03 | 99 | $540,000 |
| 2025-06 | 4-Room | 04 TO 06 | 91 | $551,000 |
| 2024-06 | 4-Room | 04 TO 06 | 95 | $530,000 |
| 2024-01 | 4-Room | 01 TO 03 | 91 | $478,500 |
| 2023-09 | 4-Room | 04 TO 06 | 91 | $500,000 |
| 2023-03 | 4-Room | 01 TO 03 | 99 | $480,000 |
| 2022-10 | 4-Room | 01 TO 03 | 98 | $423,000 |
| 2022-10 | 4-Room | 01 TO 03 | 97 | $455,000 |
| 2022-09 | 4-Room | 04 TO 06 | 91 | $457,000 |
| 2021-05 | 3-Room | 01 TO 03 | 67 | $320,000 |
| 2021-03 | 3-Room | 04 TO 06 | 67 | $295,000 |
| 2020-02 | 4-Room | 04 TO 06 | 91 | $309,000 |
| 2020-01 | 4-Room | 04 TO 06 | 95 | $308,000 |
| 2019-06 | 4-Room | 04 TO 06 | 91 | $335,000 |
| 2018-04 | 4-Room | 01 TO 03 | 91 | $332,000 |
| 2017-10 | 4-Room | 07 TO 09 | 91 | $375,000 |
| 2017-09 | 4-Room | 01 TO 03 | 99 | $365,000 |
| 2017-07 | 4-Room | 01 TO 03 | 91 | $335,000 |
| 2017-06 | 4-Room | 07 TO 09 | 93 | $375,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 705 | $1,020,000 | $6,892/m² |
| 2. Blk 712 | $955,000 | $6,278/m² |
| 3. Blk 710 | $711,500 | $5,684/m² |
| 4. Blk 707 | $704,000 | $5,905/m² |
| 5. Blk 709 | $588,000 | $6,462/m² |
| 6. Blk 711 | $552,500 | $6,064/m² |
| 7. Blk 708 | $551,000 | $6,055/m² |
| 8. Blk 701 | $545,000 | $6,051/m² |
| 9. Blk 706 | $530,444 | $5,829/m² |
| 10. Blk 704 | $507,500 | $6,139/m² |
| 11. Blk 702 | $463,500 | $6,269/m² |
| 12. Blk 703 | $453,000 | $6,418/m² |
The median resale price over the last 24 months is $551,000 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $488,740–$546,726 (central estimate $517,733). Recent sales — median $506,240 — sit within that range.
The median monthly rent is $2,975/mo over the last 12 months (4 contracts).
The block was completed in 1984 and its 99-year lease runs from 1985.