642 Hougang Avenue 8 HDB Price Trends and Market Analysis
Block 642 Hougang Avenue 8 features steady HDB resale prices with 3-room flats transacting between $395,000 and $420,000 in early 2025, reflecting Hougang's stable demand.[1][2][6]
Rental yields remain attractive at $1,600 to $3,000 monthly for 3-room units, appealing to families and investors in this mature estate.[1][2] Homejourney verifies all data to help you make safe, informed decisions on 642 Hougang Avenue 8 HDB Price Trends and Market Analysis.
Connecting to Our Comprehensive Hougang HDB Guide
This cluster focuses on price dynamics at Block 642, building on our main pillar 642 Hougang Avenue 8 HDB Guide: Prices, Amenities & Living in Hougang. 642 Hougang Avenue 8 HDB Guide: Prices, Amenities & Living in Hougang | Homejour... Dive deeper into neighbourhood living there, while here we deliver tactical insights on resale and rental trends for confident buying.
Homejourney prioritizes transparency, cross-checking HDB data for trustworthiness in Singapore's competitive HDB resale market.
Block 642 Overview and Flat Types
Built in 1987, Block 642 Hougang Avenue 8 is a 99-year leasehold HDB in Hougang (District 19), with about 61-62 years remaining lease as of 2026.[2][9] Primarily 3-room improved (3I) flats of 60 sqm (646 sqft) dominate transactions, alongside larger 4-room (84-108 sqm) and 5-room units up to 148 sqm in the precinct.[1][3]
Hougang's Teochew heritage and proximity to Punggol Waterway add community appeal. No recent SERS or major HIP upgrades noted, but estate maintenance by Hougang Town Council remains solid.
Typical Flat Sizes and Valuation Factors
- 3-room: 60 sqm, resale $395K-$420K (psf ~$6,300-$7,000)
- 4-room: 84-108 sqm, nearby $480K-$680K
- 5-room: 110-125 sqm, up to $783K in precinct
Higher floors (10-12) fetch premiums, e.g., $420K vs $395K low-floor.[1][2] Orientation facing green spaces boosts value; check remaining lease for CPF usage (under 60 years limits loans).
Recent Resale Price Trends at 642 Hougang Avenue 8
In 2025, Block 642 saw 3-room resales: $402K (Apr, 4-6 storey), $395K (Apr, 4-6), $420K (May, 10-12), $405K (Dec).[1][2][6] Prices stable post-2024 dip from $438K, aligning with Hougang Avenue 8 average psf $534-$574 for larger units.[1][3]
Hougang HDB resale prices rose modestly 2-5% YoY, driven by family demand near schools and malls. Compare to avenue peers: Blk 632 $440K (3-room), Blk 611 $532K-$610K (4-room).[3] Homejourney data shows Block 642 offers value for first-timers under HDB income ceiling ($14K household).
| Date | Price | Size/Storey | psf |
|---|---|---|---|
| Apr 2025 | $402K | 60sqm, 4-6 | $6,700 |
| May 2025 | $420K | 60sqm, 10-12 | $7,000 |
| Dec 2025 | $405K | 60sqm | $6,650 |
Disclaimer: Prices from HDB records; actuals vary by condition. Verify via Homejourney for latest.
Rental Market Analysis for 642 Hougang Avenue 8
3-room rentals range $1,600-$3,000 (2024-2025), averaging $2,300: e.g., $2,600 (Jul 25), $2,000 (Aug 24).[1][2][4] Yields ~4-5% for investors, boosted by Hougang's amenities.
Trends show peak $3,000 in late 2024, softening to $1,850-$2,100 mid-2025 amid supply.[1] Tenants favor renovated units; post-MOP (5 years) whole-flat renting allowed under HDB rules.
Hougang Avenue 8 Market Comparison
Block 642 prices competitive vs avenue: 4-room $480K-$730K (e.g., Blk 675 $525K, Blk 433 $730K 5-room).[3] Factors: Lease decay (61 years left), no en-bloc potential, strong precinct demand near Hougang MRT (15-min walk).
Hougang HDB outperforms north-east peers; check projects directory Projects for full trends. Insider tip: Low-floor units near void decks suit elderly families.
Key Buying and HDB Regulations
Resale timeline: 8-12 weeks. Secure Option to Purchase (OTP) fee $1K-$2K, expect HDB valuation ~$400K for 3-room, COV $0-20K.[6] Eligibility: HDB loan up to 75% if income <$14K; CPF grants up to $80K for first-timers.
- Check EIP/SPR quota via HDB portal.
- Assess lease >20 years for financing.
- Budget stamp duty 1-3%, legal fees $2K-$3K.
- Use Homejourney mortgage calculator for payments.
Remaining lease 61 years supports full CPF use; consult HDB for updates.
Amenities and Accessibility Boosting Prices
10-min walk to Hougang Mall, wet market; Hougang MRT (NE14, 1.2km). Bus 72/89 to CBD (30min). Schools: Holy Innocents' Primary (1km). Polyclinic nearby.[9]
Punggol Waterway Park enhances appeal, supporting 3-5% premium. Browse listings on Homejourney.
Actionable Steps for Buyers
1. Search verified listings on Homejourney.
2. Analyze trends via our tools.
3. Contact HDB specialist.
4. Plan maintenance like aircon services Aircon Services .
For upgraders, compare via property search Property Search .
FAQ: 642 Hougang Avenue 8 HDB Price Trends
What are current resale prices for 3-room flats at Block 642?
Expect $395K-$420K based on 2025 transactions (60 sqm).[1][2]
How do rentals trend at 642 Hougang Avenue 8?
$1,600-$3,000 monthly for 3-room, averaging $2,300 in 2025.[1][2]
Is Block 642 a good investment?
Yes for stability; check lease and compare via Homejourney tools. Prices steady in Hougang.
What affects 642 Hougang Avenue 8 HDB prices?
Floor level, renovation, orientation, remaining 61-year lease.[3][9]
Where to find verified listings?
Use Homejourney's safe search for 642 Hougang Avenue 8 HDB.
Trust Homejourney for 642 Hougang Avenue 8 HDB Price Trends and Market Analysis. Start your safe journey today—search now and connect with agents for personalized advice.
