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

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

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

Date	Flat type / storey	Price	PSF	Size
1 June 2026	3 Room · 07 To 09	S$480,000	S$544 psf	882 sqft
1 September 2025	4 Room · 10 To 12	S$570,000	S$582 psf	979 sqft
1 May 2025	3 Room · 04 To 06	S$480,888	S$545 psf	882 sqft
1 September 2024	3 Room · 04 To 06	S$405,000	S$562 psf	721 sqft
1 June 2024	4 Room · 04 To 06	S$480,000	S$490 psf	979 sqft

123 Hougang Ave 1 median transaction PSF (S$)

123 Hougang Ave 1 annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$480,000	S$544 psf	1
2025	S$525,444	S$564 psf	2
2024	S$390,000	S$520 psf	4
2023	S$353,000	S$490 psf	1
2022	S$400,000	S$459 psf	1
2021	S$348,500	S$465 psf	6
2020	S$283,500	S$356 psf	2
2019	S$270,000	S$374 psf	1

60.0%

% Profitable

Profitable

Unprofitable

123 Hougang Ave 1 annualized profit %

View full details

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.