Blk 506 Hougang Ave 8 is an HDB block in Hougang (completed in 1985, 12 storeys, 114 units). As of Jul 2026, its median resale price over the last 24 months is $557,444, about 1% below the Hougang median, from 4 sales. 177 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1985 |
| Lease from | 1987 |
| Storeys | 12 |
| Dwelling units | 114 |
| Unit mix (sold) | 4-room ×114 |
| Recorded resales | 177 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $557,444 | $6,399/m² | 4 |
Median monthly rent at this block: $3,500/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~7.5% (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 40% of Hougang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $489,429–$547,497 (central estimate $518,463). Recent sales — median $537,235 — 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 |
|---|---|---|---|
| 1992 | $64,000 | $113,289 | 3 |
| 1993 | $120,000 | $207,659 | 7 |
| 1994 | $148,000 | $248,426 | 7 |
| 1995 | $180,000 | $297,016 | 3 |
| 1996 | $250,000 | $406,906 | 11 |
| 1997 | $265,000 | $422,769 | 6 |
| 1998 | $219,500 | $351,135 | 22 |
| 1999 | $199,000 | $318,266 | 15 |
| 2000 | $208,500 | $329,021 | 7 |
| 2001 | $188,000 | $293,695 | 7 |
| 2002 | $174,900 | $274,305 | 6 |
| 2003 | $192,000 | $299,661 | 6 |
| 2004 | $202,500 | $310,851 | 8 |
| 2005 | $210,000 | $320,846 | 3 |
| 2006 | $195,000 | $295,078 | 3 |
| 2007 | $192,000 | $284,534 | 7 |
| 2008 | $278,500 | $387,041 | 3 |
| 2009 | $291,500 | $402,739 | 2 |
| 2010 | $348,000 | $467,573 | 12 |
| 2011 | $380,000 | $485,092 | 7 |
| 2012 | $415,000 | $506,566 | 1 |
| 2013 | $420,000 | $500,830 | 3 |
| 2014 | $370,000 | $436,692 | 1 |
| 2015 | $408,000 | $484,072 | 4 |
| 2017 | $392,500 | $465,474 | 4 |
| 2018 | $368,000 | $434,514 | 3 |
| 2019 | $340,000 | $399,188 | 1 |
| 2020 | $392,500 | $461,622 | 2 |
| 2021 | $450,000 | $517,269 | 1 |
| 2022 | $450,000 | $487,386 | 3 |
| 2023 | $520,000 | $537,235 | 3 |
| 2024 | $520,000 | $524,696 | 3 |
| 2025 | $559,888 | $559,888 | 3 |
| Record sale | $618,000 (4-Room, 2025-04) |
|---|---|
| First recorded sale | $64,000 (1992-03) |
| Busiest year | 1998 · 22 sales |
| 10-year change (real) | +16% (+1.5%/yr, 2015→2025) |
| Total transacted | $47.5M across 177 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-06 | 4-Room | 10 TO 12 | 84 | $555,000 |
| 2025-05 | 4-Room | 10 TO 12 | 84 | $559,888 |
| 2025-04 | 4-Room | 01 TO 03 | 103 | $618,000 |
| 2024-11 | 4-Room | 07 TO 09 | 84 | $520,000 |
| 2024-03 | 4-Room | 04 TO 06 | 84 | $500,000 |
| 2024-02 | 4-Room | 04 TO 06 | 104 | $590,000 |
| 2023-12 | 4-Room | 07 TO 09 | 84 | $500,000 |
| 2023-09 | 4-Room | 01 TO 03 | 103 | $528,000 |
| 2023-01 | 4-Room | 07 TO 09 | 104 | $520,000 |
| 2022-12 | 4-Room | 01 TO 03 | 89 | $450,000 |
| 2022-09 | 4-Room | 04 TO 06 | 84 | $430,000 |
| 2022-06 | 4-Room | 07 TO 09 | 103 | $560,000 |
| 2021-11 | 4-Room | 07 TO 09 | 84 | $450,000 |
| 2020-07 | 4-Room | 04 TO 06 | 104 | $424,000 |
| 2020-01 | 4-Room | 10 TO 12 | 84 | $361,000 |
| 2019-06 | 4-Room | 07 TO 09 | 84 | $340,000 |
| 2018-11 | 4-Room | 07 TO 09 | 90 | $368,000 |
| 2018-08 | 4-Room | 04 TO 06 | 84 | $300,000 |
| 2018-02 | 4-Room | 07 TO 09 | 103 | $415,000 |
| 2017-12 | 4-Room | 10 TO 12 | 84 | $383,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 446 | $1,020,000 | $6,938/m² |
| 2. Blk 615 | $990,000 | $6,543/m² |
| 3. Blk 628 | $982,500 | $6,667/m² |
| 4. Blk 638 | $958,000 | $6,261/m² |
| 5. Blk 656 | $950,000 | $6,291/m² |
| 6. Blk 621 | $950,000 | $6,129/m² |
| 7. Blk 633 | $944,444 | $6,256/m² |
| 8. Blk 634 | $923,888 | $6,486/m² |
| 9. Blk 654 | $920,000 | $6,301/m² |
| 10. Blk 622 | $910,500 | $6,006/m² |
| 11. Blk 641 | $835,500 | $6,962/m² |
| 12. Blk 610 | $791,500 | $6,488/m² |
| 13. Blk 643 | $790,044 | $6,584/m² |
| 14. Blk 466 | $789,000 | $6,312/m² |
| 15. Blk 467 | $787,500 | $6,299/m² |
Showing the top 15 of 84 blocks.
The median resale price over the last 24 months is $557,444 (4 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 $489,429–$547,497 (central estimate $518,463). Recent sales — median $537,235 — sit within that range.
The median monthly rent is $3,500/mo over the last 12 months (3 contracts).
The block was completed in 1985 and its 99-year lease runs from 1987.