How Much Is a Flat at Block 562 Hougang St 51 Worth?

Executive · Built 1992 · 65 years 10 months remaining MOP Cleared

Latest Sale

$1,055,888

2025-12 · Executive

Median $/sqm

$5,080

Based on 19 txns

Total Txns

19

Since data available

5-Yr Trend

▲26.6%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

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)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

3.6 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Act Soon
0 yrs 65 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 65 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 19 total

Date Floor Type sqm Price $/sqm
2025-12 01 TO 03 Executive 150 $1,055,888 $7,039
2025-05 07 TO 09 Executive 148 $1,048,888 $7,087
2025-03 07 TO 09 Executive 150 $1,070,000 $7,133
2024-11 01 TO 03 Executive 148 $985,000 $6,655
2024-09 07 TO 09 Executive 144 $890,000 $6,181
2024-06 04 TO 06 Executive 148 $920,000 $6,216
2022-11 07 TO 09 Executive 144 $820,000 $5,694
2022-02 01 TO 03 Executive 143 $780,000 $5,455
2021-11 07 TO 09 Executive 150 $800,000 $5,333
2021-07 04 TO 06 Executive 148 $730,000 $4,932
2021-02 04 TO 06 Executive 150 $748,000 $4,987
2020-11 04 TO 06 Executive 148 $680,000 $4,595
2020-06 10 TO 12 Executive 158 $718,000 $4,544
2019-07 01 TO 03 Executive 148 $685,000 $4,628
2019-07 04 TO 06 Executive 148 $640,000 $4,324
2018-11 01 TO 03 Executive 144 $605,000 $4,201
2018-09 07 TO 09 Executive 158 $768,000 $4,861
2018-07 10 TO 12 Executive 150 $715,000 $4,767
2017-05 04 TO 06 Executive 150 $762,000 $5,080
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About Block 562 Hougang St 51

Block 562 at Hougang St 51 is a residential HDB block in Hougang, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains Executive flats. The most recent transaction was a Executive flat (storeys 01–03) that sold for $1,055,888 in Dec 2025. The current median price per square metre is $5,080. Over the past five years, resale prices have risen by approximately 26.6%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 562 has 65 years left, meaning buyers face no financing restrictions.

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

Frequently Asked Questions

How much is a flat at Block 562 Hougang St 51?

Based on 19 recorded transactions, the median resale price is $1,016,944. The most recent sale was $1,055,888 in 2025-12.

Median by flat type (last 24 months)

Flat Type Most Recent Median
Executive $1,016,944

What is my flat worth at Block 562?

The overall median resale price at Block 562 Hougang St 51 is $1,016,944. Prices have risen 26.6% over the past 5 years.

How active is the resale market at Block 562?

Block 562 has recorded 19 resale transactions — roughly 0.8 sales per month over the past 24 months. The latest transaction closed in 2025-12.

What flat types are available at Block 562?

Block 562 Hougang St 51 has Executive units.

How much can I unlock to upgrade if I sell my HDB at Block 562?

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 562?

Block 562 was built in 1992 with a 99-year lease. It has approximately 65 years 10 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

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
Seller stamp duty None (after MOP)
Total (est.) on $1,016,944 $20,919 to $22,419