How Much Is a Flat at Block 541 Hougang Ave 8 Worth?

4 Room, 5 Room · Built 1989 · 63 years 05 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$720,000

2025-06 · 5 Room

Median $/sqm

$4,112

Based on 20 txns

Total Txns

20

Since data available

5-Yr Trend

▲77.8%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

3.1 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Act Soon
0 yrs 63 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 63 years of lease left. A buyer who purchases today and waits out their 5-year MOP will be selling a flat under 60 years — which means their buyers face CPF and loan limits. Savvy buyers know this. It shrinks your pool and puts downward pressure on price.

An experienced agent can help you find motivated buyers and close before this becomes a bigger factor.

Transaction History 20 total

Date Floor Type sqm Price $/sqm
2025-06 07 TO 09 5 Room 121 $720,000 $5,950
2025-05 10 TO 12 5 Room 121 $720,000 $5,950
2024-11 10 TO 12 4 Room 104 $620,000 $5,962
2024-11 10 TO 12 5 Room 121 $748,000 $6,182
2024-07 01 TO 03 5 Room 121 $620,000 $5,124
2024-05 07 TO 09 5 Room 121 $738,000 $6,099
2023-12 07 TO 09 4 Room 104 $540,000 $5,192
2021-05 04 TO 06 5 Room 121 $510,000 $4,215
2021-03 01 TO 03 4 Room 104 $405,000 $3,894
2020-10 04 TO 06 5 Room 121 $485,000 $4,008
2020-09 07 TO 09 5 Room 121 $555,000 $4,587
2020-07 07 TO 09 5 Room 121 $470,000 $3,884
2020-06 07 TO 09 5 Room 121 $470,000 $3,884
2020-06 04 TO 06 4 Room 104 $400,000 $3,846
2019-09 10 TO 12 4 Room 104 $404,000 $3,885
2018-11 01 TO 03 4 Room 104 $372,000 $3,577
2018-10 04 TO 06 4 Room 104 $380,000 $3,654
2018-07 07 TO 09 5 Room 121 $522,800 $4,321
2018-03 04 TO 06 4 Room 104 $390,000 $3,750
2017-04 07 TO 09 4 Room 104 $388,000 $3,731
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About Block 541 Hougang Ave 8

Flats at Block 541 Hougang Ave 8 have been selling at a median of $5,950/sqm over the last year, mainly 5-room flats at $720,000 median, with 1 transaction recorded.

The block is an 11-minute walk from Hougang MRT Station (879m) and is near Hougang Mall mall (950m, 12 min walk). It is also near Punggol Primary School (841m, 11 min walk), Montfort Junior School (836m, 11 min walk), and Yio Chu Kang Primary School (924m, 12 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 541 Hougang Ave 8?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

HOUGANG MRT STATION 879m · 11 min
BUANGKOK MRT STATION 1060m · 13 min

Nearby Schools

PUNGGOL PRIMARY SCHOOL 841m · 11 min
MONTFORT JUNIOR SCHOOL 836m · 11 min
YIO CHU KANG PRIMARY SCHOOL 924m · 12 min
PALM VIEW PRIMARY SCHOOL 1150m · 14 min
NORTH VISTA PRIMARY SCHOOL 1240m · 15 min

Hawker Centres

Buangkok Hawker Centre 1022m · 13 min

Shopping Malls

Hougang Mall 950m · 12 min

Parks

PUNGGOL PK 994m · 12 min

Community Facilities

Punggol CC 561m · 7 min
Cheng San Library 887m · 11 min

Other Blocks on Hougang Ave 8

Frequently Asked Questions

How much is a flat at Block 541 Hougang Ave 8?

Based on 20 recorded transactions, the median resale price ranges from $400,000 (4 Room) to $555,000 (5 Room). The most recent sale was $720,000 in 2025-06.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $620,000
5 Room $720,000

What is my flat worth at Block 541?

The overall median resale price at Block 541 Hougang Ave 8 is $670,000. Prices have risen 77.8% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 541?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 541 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 541?

Block 541 has recorded 20 resale transactions — roughly 0.8 sales per month over the past 24 months. The latest transaction closed in 2025-06.

What flat types are available at Block 541?

Block 541 Hougang Ave 8 has 4 Room, 5 Room units. Median prices range from $400,000 to $555,000.

How much can I unlock to upgrade if I sell my HDB at Block 541?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 541?

Block 541 was built in 1989 with a 99-year lease. It has approximately 63 years 05 months remaining.

Does Block 541's remaining lease affect its resale value?

At 62 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 541 Hougang Ave 8?

Flats at Block 541 Hougang Ave 8 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $720,000 excl. levy $14,980 to $16,480