Blk 623 Hougang Avenue 8 — HDB resale prices
HDB resale prices, Hougang · 3-Room · built 1985
median resale price, last 24 months
9 sales in that window · as of Sep 2026
How it compares
Blk 623 Hougang Avenue 8 is an HDB block in Hougang (completed in 1985, 12 storeys, 132 units). As of Sep 2026, its median resale price over the last 24 months is $427,000, about 32% below the Hougang median, from 9 sales. 191 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×132
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,625/mo (6 rental contracts, last 12 months).
Estimated gross rental yield: ~7.4% (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 47% of Hougang blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $354,413–$396,223 (central estimate $375,318). Recent sales — median $390,000 — 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 |
|---|---|---|---|
| 1990 | $35,000 | $65,524 | 5 |
| 1991 | $40,000 | $72,394 | 7 |
| 1992 | $35,500 | $62,840 | 4 |
| 1993 | $73,000 | $126,326 | 5 |
| 1994 | $87,500 | $146,874 | 4 |
| 1995 | $126,500 | $208,736 | 4 |
| 1996 | $145,000 | $236,006 | 4 |
| 1997 | $184,500 | $294,343 | 2 |
| 1998 | $137,500 | $219,959 | 20 |
| 1999 | $123,500 | $197,517 | 14 |
| 2000 | $140,000 | $220,926 | 7 |
| 2001 | $128,000 | $199,963 | 11 |
| 2002 | $131,000 | $205,454 | 7 |
| 2003 | $150,000 | $234,110 | 6 |
| 2004 | $181,000 | $277,847 | 5 |
| 2005 | $146,000 | $223,064 | 8 |
| 2006 | $150,000 | $226,983 | 5 |
| 2007 | $165,500 | $245,263 | 6 |
| 2008 | $189,500 | $263,355 | 6 |
| 2009 | $230,000 | $317,770 | 4 |
| 2010 | $271,000 | $364,116 | 8 |
| 2011 | $338,500 | $432,115 | 1 |
| 2012 | $351,800 | $429,421 | 3 |
| 2013 | $330,000 | $393,510 | 3 |
| 2014 | $341,500 | $403,055 | 4 |
| 2015 | $288,000 | $341,698 | 3 |
| 2016 | $281,000 | $335,166 | 6 |
| 2017 | $275,000 | $326,129 | 2 |
| 2018 | $287,500 | $339,464 | 4 |
| 2019 | $261,500 | $307,023 | 2 |
| 2020 | $272,500 | $320,489 | 4 |
| 2021 | $307,000 | $352,892 | 1 |
| 2022 | $345,044 | $373,710 | 4 |
| 2023 | $365,000 | $377,097 | 2 |
| 2024 | $374,000 | $377,377 | 2 |
| 2025 | $436,000 | $436,000 | 4 |
| 2026 | $413,444 | $413,444 | 4 |
Records
| Record sale | $488,000 (3-Room, 2025-03) |
|---|---|
| First recorded sale | $35,000 (1990-07) |
| Busiest year | 1998 · 20 sales |
| 10-year change (real) | +23% (+2.1%/yr, 2016→2026) |
| Total transacted | $35.8M across 191 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 3-Room | 04–06 | 60 m² | $390,000 |
| 2026-07 | 3-Room | 04–06 | 69 m² | $440,000 |
| 2026-03 | 3-Room | 04–06 | 69 m² | $436,888 |
| 2026-03 | 3-Room | 01–03 | 60 m² | $375,000 |
| 2025-04 | 3-Room | 04–06 | 69 m² | $427,000 |
| 2025-03 | 3-Room | 10–12 | 69 m² | $488,000 |
| 2025-03 | 3-Room | 01–03 | 69 m² | $410,000 |
| 2025-02 | 3-Room | 10–12 | 69 m² | $445,000 |
| 2024-12 | 3-Room | 07–09 | 60 m² | $360,000 |
| 2024-09 | 3-Room | 07–09 | 60 m² | $388,000 |
| 2023-01 | 3-Room | 10–12 | 60 m² | $365,000 |
| 2023-01 | 3-Room | 07–09 | 69 m² | $365,000 |
| 2022-08 | 3-Room | 10–12 | 60 m² | $370,000 |
| 2022-04 | 3-Room | 07–09 | 60 m² | $340,000 |
| 2022-01 | 3-Room | 10–12 | 69 m² | $350,088 |
| 2022-01 | 3-Room | 07–09 | 60 m² | $310,000 |
| 2021-12 | 3-Room | 01–03 | 60 m² | $307,000 |
| 2020-09 | 3-Room | 10–12 | 60 m² | $285,000 |
| 2020-08 | 3-Room | 01–03 | 69 m² | $330,000 |
| 2020-08 | 3-Room | 01–03 | 60 m² | $228,000 |
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 623 Hougang Avenue 8 cost?
The median resale price over the last 24 months is $427,000 (9 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 623 Hougang Avenue 8 fairly priced?
For a typical 3-room flat here, our price model estimates $354,413–$396,223 (central estimate $375,318). Recent sales — median $390,000 — sit within that range.
What is the rent at Blk 623 Hougang Avenue 8?
The median monthly rent is $2,625/mo over the last 12 months (6 contracts).
How old is Blk 623 Hougang Avenue 8?
The block was completed in 1985 and its 99-year lease runs from 1985.