647 Hougang Avenue 8 HDB Price Trends and Resale Analysis
Block 647 Hougang Avenue 8 offers 647 Hougang Avenue 8 HDB price trends showing steady appreciation in this mature Hougang estate, with 4-room resale flats typically ranging from $500K to $680K based on recent nearby transactions.[2][1] Homejourney verifies all listings to ensure a safe, transparent buying experience for families eyeing Hougang for sale options. This cluster dives into specific resale data, connecting to our pillar on Hougang HDB resale flats.
Property Overview: Block 647 in Hougang
Built in 1987, Block 647 is an Executive (EXE) HDB development on Hougang Avenue 8, a bustling street in Hougang known for its Teochew heritage, Punggol Waterway views, and family-friendly vibe.[3] Many units here are 4-room Executive flats around 105-113 sqm, ideal for upgraders or growing families seeking Hougang HDB for sale. The block has undergone Home Improvement Programme (HIP) upgrades, including new flooring and renovated common areas, enhancing livability. Insider tip: High-floor units (10-12th storey) offer unblocked views towards the waterway, a local favorite for breezy evenings.
Hougang's charm lies in its mix of wet markets, hawker centres like Hougang 6 Mile Food Centre (5-min walk), and Hougang Mall (10-min walk). Proximity to Punggol Park adds green space for kids. Homejourney prioritizes verified info so you buy with confidence.
Available Flats for Sale at 647 Hougang Avenue 8
Current listings at Block 647 feature 4-room Executive flats, with expectations of $650K-$750K for high-floor, renovated units based on Hougang Avenue 8 trends.[2] Nearby Block 648 transacted at $674K (10-12th floor, 105 sqm) in Jul 2025, while 3-room flats in the area go for $440K-$525K.[2][1] Sought-after configs include corner units with balcony extensions and low remaining agent fees.
- 3-room: $450K-$550K (low floors, 64-84 sqm)
- 4-room EXE: $600K-$750K (high floors preferred, 100+ sqm)
- 5-room: Rare, but nearby at $660K-$783K (122-125 sqm)[2]
Action: View HDB resale flats for sale near 647 Hougang Avenue 8 on Homejourney – all verified for safety.
Why Buy at 647 Hougang Avenue 8
This block shines with walkable amenities: Hougang MRT (Hougang LRT, 12-min walk via Exit A), CHIJ Our Lady of Nativity (800m, within 1km for school ballot), and wet market at Blk 684 (3-min walk).[1] Transport via Bus 74/80 to CBD (25 mins). Estate quality is high post-lift upgrading – every few floors now has direct lifts. Families love the strong community; weekend dim sum at nearby coffee shops is a Hougang ritual.
Compare to town average: Hougang flat psf at $620-$750, with Block 647 holding value due to 60+ years lease remaining (check HDB for exact).[2] Link to our 647 Hougang Avenue 8 HDB For Sale: Ultimate Hougang Resale Guide | Homejourney ">647 Hougang Avenue 8 HDB For Sale guide for more.
HDB Resale Price Analysis for 647 Hougang Avenue 8
647 Hougang Avenue 8 HDB price trends show 5-8% YoY growth: Feb 2026 Hougang sales hit $758K (high-end 5-room), $642K 4-room.[1] On Avenue 8, 4SIM flats transacted $482K-$525K (low floors, 2024-25), rising to $610K-$686K for 4A EXE.[2] Psf benchmarks: $6,000-$7,500, competitive vs. Hougang ($5,350-$7,531 psf).[1][2]
| Date | Price | Flat Type | Nearby Block |
|---|---|---|---|
| Jul 2025 | $674K | 4A EXE | 648 |
| Apr 2025 | $686K | 4A | 669 |
| Feb 2026 | $758K | 5-room | Hougang Ave |
Factors: High floors +10-15% premium; lease >30 years for full CPF use (HDB.gov.sg). Prices may vary; consult Homejourney for latest.[1][2] See Projects Directory ">projects directory for data.
HDB Buyer Eligibility
Singapore Citizens (SC), SC+PR, or PR+PR (after 3 years PR) can buy resale HDB.[HDB.gov.sg] Family nucleus needed (married, singles 35+ for 2-room Flexi). No income ceiling unlike BTO. Check Ethnic Integration Policy (EIP) and SPR quota for Block 647 via HFE letter – Homejourney agents verify this safely.
HDB Grants for Buyers
First-timers: CPF Housing Grant up to $80K, Enhanced CPF up to $80K (income-based), Proximity Grant $30K near parents/kids. Total up to $190K![HDB.gov.sg] E.g., young couple buying $650K 4-room could save $120K. Eligibility: SC family nucleus, first resale. Use Homejourney to calculate.
Financing Your HDB Purchase
HDB loan: 80% LTV, 2.6% fixed (income <$14K).[HDB.gov.sg] Bank loan: 75% LTV, ~3-4% variable. CPF for downpayment (5% cash min HDB loan). Monthly for $650K 4-room: ~$2,800 (25-yr tenure). Check your HDB loan on Homejourney bank rates.
The HDB Resale Buying Process
- Check eligibility: HFE letter via HDB portal (free).
- Search & negotiate: Use Homejourney property search.
- OTP: $1K-$2K fee, 2-4 weeks validity.
- Resale app: HDB approval (8 weeks).
- Complete: 10% downpayment, keys in 12 weeks.
Documents: NRIC, income proof, grants forms. Schedule viewing with Homejourney HDB agent. Post-purchase, check Aircon Services ">aircon services.
FAQ
What are current 647 Hougang Avenue 8 HDB prices?
4-room EXE: $600K-$750K; confirm via Homejourney listings.[2]
Can PRs buy resale HDB here?
Yes, after 3 years PR, subject to EIP/SPR quota.[HDB.gov.sg]
How much grant for first-timer buying in Hougang?
Up to $160K CPF + $30K proximity.[HDB.gov.sg]
Is Block 647 near MRT?
12-min walk to Hougang MRT; buses nearby.
What's the remaining lease for 647 Hougang Ave 8?
~60 years (1987 build); verify on HDB site for CPF use.
Ready to buy? Explore 647 Hougang Avenue 8 for sale on Homejourney – your trusted partner for safe HDB resale transactions. Contact us for personalized advice.
