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123 Hougang Ave 1

HDB Block · in Hougang, Singapore · 99-year lease · Completed 1981

Data through 1 June 2026

Intro: 123 Hougang Ave 1 is an HDB block located along Hougang Avenue 1 within Hougang with a 99-year lease commencing in 1981. It was completed in 1981 with 127 units in total. So far it has been transacted a total of 148 times.

HDBHougang
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs
Annual Returns
Avg annualized profit (past 1y)
6.9%

123 Hougang Ave 1 project details

Street
Hougang Avenue 1
Postal Code
530123
Unit Types
3 Room, 4 Room
Completion
1981
Total Units
127
Unit Size
721 - 979 sqft
Lease Remaining
54 yrs

MRT and LRT stations near 123 Hougang Ave 1

  • Kovan736 m · MRTNE13
See details on nearby stations

Primary schools near 123 Hougang Ave 1

  • Paya Lebar Methodist Girls' School (Primary)410 m
  • Xinghua Primary School709 m
See details on nearby schools

123 Hougang Ave 1 price, PSF and transaction trends

01-02-1990
First Transacted
01-06-2026
Last Transacted
148
Total Transactions

123 Hougang Ave 1 transaction volume

123 Hougang Ave 1 transaction volume023462019 · Resale: 120192020 · Resale: 220202021 · Resale: 620212022 · Resale: 120222023 · Resale: 120232024 · Resale: 420242025 · Resale: 220252026 · Resale: 12026
New SaleSub SaleResale

Among the latest 12 recorded sales for 123 Hougang Ave 1, the median price was S$387,500 and the median PSF was S$505 psf. The newest record shown is from 1 June 2026. The annual project median was 45.3% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent 123 Hougang Ave 1 transactions

DateFlat type / storeyPricePSFSize
1 June 20263 Room · 07 To 09S$480,000S$544 psf882 sqft
1 September 20254 Room · 10 To 12S$570,000S$582 psf979 sqft
1 May 20253 Room · 04 To 06S$480,888S$545 psf882 sqft
1 September 20243 Room · 04 To 06S$405,000S$562 psf721 sqft
1 June 20244 Room · 04 To 06S$480,000S$490 psf979 sqft

123 Hougang Ave 1 median transaction PSF (S$)

123 Hougang Ave 1 median transaction PSF (S$)01503004506002019 · Median PSF: 37420192020 · Median PSF: 35620202021 · Median PSF: 46520212022 · Median PSF: 45920222023 · Median PSF: 49020232024 · Median PSF: 52020242025 · Median PSF: 56420252026 · Median PSF: 5442026

123 Hougang Ave 1 annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$480,000S$544 psf1
2025S$525,444S$564 psf2
2024S$390,000S$520 psf4
2023S$353,000S$490 psf1
2022S$400,000S$459 psf1
2021S$348,500S$465 psf6
2020S$283,500S$356 psf2
2019S$270,000S$374 psf1
60.0%
% Profitable
78
Profitable
48
Unprofitable

123 Hougang Ave 1 annualized profit %

123 Hougang Ave 1 annualized profit %-10.0%-5.0%0.0%5.0%10.0%2019 · Average Annualized Profit: -6.8%20192020 · Average Annualized Profit: -2.7%20202021 · Average Annualized Profit: 4.2%20212022 · Average Annualized Profit: 2.4%20222023 · Average Annualized Profit: 3.7%20232024 · Average Annualized Profit: 4.1%20242025 · Average Annualized Profit: 7.3%20252026 · Average Annualized Profit: 6.0%2026
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Frequently asked questions about 123 Hougang Ave 1

How much do units at 123 Hougang Ave 1 cost?

The latest 12 recorded sales show a median price of S$387,500 and a median of S$505 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 123 Hougang Ave 1 freehold or leasehold?

123 Hougang Ave 1 has a tenure of 99-year lease.

When was 123 Hougang Ave 1 completed?

123 Hougang Ave 1 was completed in 1981 and the project has 127 units.

Which MRT or LRT station is nearest to 123 Hougang Ave 1?

Kovan is the nearest station shown, at an estimated straight-line distance of 736 metres.

Which primary schools are near 123 Hougang Ave 1?

The primary schools shown within the page’s one-kilometre search are Paya Lebar Methodist Girls' School (Primary) (410 m) and Xinghua Primary School (709 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Resale transaction records are based on HDB resale transaction data published on data.gov.sg. REALSMART calculates block-level medians, chart groupings, profitability indicators and straight-line distances. Data on this page runs through 1 June 2026. Figures are indicative and do not constitute financial advice.

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