Home insurance by project
Place-8: home insurance and value
Place-8 is a cluster house estate in Hougang, District 19: freehold. What its homes are worth on recent sales, and the home insurance we recommend.
Prices as of 28 Oct 2026, GST included.
In short
- 3 sales in the last 60 months, at a median of S$984 psf (S$963 psf to S$1,025 psf).
- A typical home of about 305 m² is worth S$3,424,000 to S$3,645,000.
- We recommend landed house home insurance with S$100,000 for your belongings: from S$120.99 a year for an owner at Sompo, S$98.10 for a tenant.
Recommended home insurance
| Insurer | Premium | Renovation | Liability |
|---|---|---|---|
| SompoHomeVital for landed owners (your contents sum, plus renovations S$80,000) | S$120.99 | S$80,000 | S$500,000 |
| UOIUniHome Insurance, landed home (contents only, no renovation cover, no building cover) | S$126.33 | Not included | S$1,000,000 |
| HL AssuranceHome Protect360 Silver (S$100,000 contents; annual, 12 monthly premiums) | S$145.38 | S$100,000 | S$500,000 |
| EQ InsuranceEQ HomeGUARD PLUS Superior | S$163.50 | S$100,000 | S$1,000,000 |
| ECICSHome Contents Insurance for owners (1-year; S$30,000 renovations; 4-room or larger unit) | S$168.95 | S$30,000 | S$500,000 |
| Great EasternValue | S$185.30 | S$70,000 | S$500,000 |
| MSIGEnhanced HomePlus Ultimate | S$190.10 | S$150,000 | S$1,000,000 |
| ChubbDBS myHome Protect II Premium (underwritten by Chubb) | S$226.76 | S$150,000 | S$1,000,000 |
Every insurer, and the same for a tenant. A landed owner also insures the building, for what it would cost to rebuild rather than its market value.
Addresses at Place-8
21 Paya Lebar Crescent (536046), 21A Paya Lebar Crescent (533900), 21B Paya Lebar Crescent (533899), 21C Paya Lebar Crescent (533898), 21D Paya Lebar Crescent (533897), 21E Paya Lebar Crescent (533896), 21F Paya Lebar Crescent (533895), 21G Paya Lebar Crescent (533894).
Look up another home
See what homes there are worth and the home insurance we recommend.
Prices and values from HomeQuant, from URA sale records; indicative estimates, not formal valuations. Compare home insurance for your own home.
Questions people ask
How much is a home at Place-8 worth?
A typical home of about 305 m² is worth S$3,424,000 to S$3,645,000 on 6 comparable sales, an indicative estimate from HomeQuant, not a formal valuation.
How much is home insurance at Place-8?
For an owner insuring S$100,000 of belongings, from S$120.99 a year at Sompo on today's prices, GST included; for a tenant, from S$98.10.
Does a more valuable home cost more to insure?
No. The insurers we compare price home insurance on the type of home, whether you own or rent and the cover for your belongings, not on what the home would sell for.