Blk 540 Hougang Avenue 8 — HDB resale prices
HDB resale prices, Hougang · 4-Room, 5-Room · built 1989
median resale price, last 24 months
7 sales in that window · as of Sep 2026
How it compares
Blk 540 Hougang Avenue 8 is an HDB block in Hougang (completed in 1989, 12 storeys, 110 units). As of Sep 2026, its median resale price over the last 24 months is $655,000, about 4% above the Hougang median, from 7 sales. 134 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×70 · 5-room ×40
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,200/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~5.9% (Hougang average: ~5.9%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 83% of Hougang blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $551,044–$616,051 (central estimate $583,548). Recent sales — median $566,163 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1994 | $220,250 | $369,702 | 4 |
| 1995 | $279,500 | $461,200 | 8 |
| 1996 | $328,000 | $533,861 | 6 |
| 1997 | $400,000 | $638,142 | 5 |
| 1998 | $278,000 | $444,718 | 12 |
| 1999 | $335,000 | $535,774 | 15 |
| 2000 | $340,000 | $536,533 | 4 |
| 2001 | $249,500 | $389,771 | 6 |
| 2002 | $242,000 | $379,541 | 5 |
| 2003 | $234,500 | $365,992 | 3 |
| 2004 | $238,000 | $365,346 | 1 |
| 2005 | $253,750 | $387,689 | 2 |
| 2006 | $252,500 | $382,088 | 4 |
| 2007 | $260,000 | $385,307 | 3 |
| 2008 | $311,500 | $432,902 | 6 |
| 2009 | $345,000 | $476,655 | 3 |
| 2010 | $377,500 | $507,209 | 6 |
| 2011 | $390,500 | $498,496 | 2 |
| 2012 | $462,000 | $563,936 | 2 |
| 2013 | $506,500 | $603,978 | 2 |
| 2014 | $500,000 | $590,124 | 1 |
| 2015 | $407,500 | $483,479 | 6 |
| 2016 | $366,000 | $436,551 | 4 |
| 2017 | $362,500 | $429,897 | 2 |
| 2018 | $405,000 | $478,202 | 2 |
| 2019 | $438,000 | $514,248 | 1 |
| 2020 | $458,000 | $538,657 | 1 |
| 2022 | $577,000 | $624,937 | 5 |
| 2023 | $548,000 | $566,163 | 5 |
| 2024 | $540,000 | $544,876 | 1 |
| 2025 | $670,000 | $670,000 | 3 |
| 2026 | $630,000 | $630,000 | 4 |
Records
| Record sale | $710,000 (5-Room, 2026-03) |
|---|---|
| First recorded sale | $255,000 (1994-05) |
| Busiest year | 1999 · 15 sales |
| 10-year change (real) | +44% (+3.7%/yr, 2016→2026) |
| Total transacted | $48.2M across 134 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-05 | 4-Room | 10–12 | 104 m² | $655,000 |
| 2026-04 | 4-Room | 07–09 | 104 m² | $605,000 |
| 2026-04 | 4-Room | 01–03 | 104 m² | $600,000 |
| 2026-03 | 5-Room | 07–09 | 121 m² | $710,000 |
| 2025-09 | 5-Room | 01–03 | 121 m² | $708,000 |
| 2025-09 | 5-Room | 04–06 | 121 m² | $630,000 |
| 2025-02 | 4-Room | 10–12 | 104 m² | $670,000 |
| 2024-05 | 4-Room | 04–06 | 104 m² | $540,000 |
| 2023-08 | 5-Room | 01–03 | 121 m² | $582,000 |
| 2023-03 | 4-Room | 10–12 | 104 m² | $548,000 |
| 2023-03 | 4-Room | 04–06 | 104 m² | $500,000 |
| 2023-01 | 5-Room | 04–06 | 121 m² | $588,000 |
| 2023-01 | 4-Room | 07–09 | 104 m² | $538,000 |
| 2022-04 | 5-Room | 07–09 | 121 m² | $608,000 |
| 2022-04 | 5-Room | 07–09 | 121 m² | $608,000 |
| 2022-03 | 5-Room | 10–12 | 121 m² | $570,000 |
| 2022-02 | 4-Room | 01–03 | 104 m² | $420,000 |
| 2022-01 | 5-Room | 07–09 | 121 m² | $577,000 |
| 2020-11 | 5-Room | 01–03 | 121 m² | $458,000 |
| 2019-04 | 4-Room | 10–12 | 104 m² | $438,000 |
Hougang Avenue 8 blocks ranked by price
Showing the top 15 of 87 priced blocks.
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Quick answers
How much does a flat at Blk 540 Hougang Avenue 8 cost?
The median resale price over the last 24 months is $655,000 (7 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 540 Hougang Avenue 8 fairly priced?
For a typical 4-room flat here, our price model estimates $551,044–$616,051 (central estimate $583,548). Recent sales — median $566,163 — sit within that range.
What is the rent at Blk 540 Hougang Avenue 8?
The median monthly rent is $3,200/mo over the last 12 months (2 contracts).
How old is Blk 540 Hougang Avenue 8?
The block was completed in 1989 and its 99-year lease runs from 1989.