124 Hougang Ave 1

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

Data through 1 March 2026

Intro: 124 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 139 units in total. So far it has been transacted a total of 178 times.

HDBHougang

Annual Returns

Avg annualized profit (past 1y)

1.4%

124 Hougang Ave 1 project details

Street

Hougang Avenue 1

Postal Code

530124

Unit Types

3 Room, 4 Room, Executive

Completion

1981

Total Units

139

Unit Size

721 - 1,732 sqft

Lease Remaining

54 yrs

MRT and LRT stations near 124 Hougang Ave 1

Kovan801 m MRTNE13

See details on nearby stations

Primary schools near 124 Hougang Ave 1

Paya Lebar Methodist Girls' School (Primary)374 m
Xinghua Primary School724 m

See details on nearby schools

124 Hougang Ave 1 price, PSF and transaction trends

01-01-1990

First Transacted

01-03-2026

Last Transacted

178

Total Transactions

124 Hougang Ave 1 transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for 124 Hougang Ave 1, the median price was S$386,500 and the median PSF was S$521 psf. The newest record shown is from 1 March 2026. The annual project median was 47.9% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent 124 Hougang Ave 1 transactions

Date	Flat type / storey	Price	PSF	Size
1 March 2026	3 Room · 10 To 12	S$456,000	S$517 psf	882 sqft
1 October 2025	3 Room · 10 To 12	S$480,000	S$544 psf	882 sqft
1 August 2024	3 Room · 07 To 09	S$432,000	S$599 psf	721 sqft
1 June 2024	Executive · 10 To 12	S$950,000	S$548 psf	1,732 sqft
1 January 2024	3 Room · 04 To 06	S$388,000	S$538 psf	721 sqft

124 Hougang Ave 1 median transaction PSF (S$)

124 Hougang Ave 1 annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$456,000	S$517 psf	1
2025	S$480,000	S$544 psf	1
2024	S$432,000	S$548 psf	3
2023	S$370,000	S$513 psf	7
2022	S$360,000	S$470 psf	4
2021	S$368,888	S$424 psf	3
2020	S$280,000	S$357 psf	3
2019	S$277,500	S$350 psf	2

59.0%

% Profitable

Profitable

Unprofitable

124 Hougang Ave 1 annualized profit %

View full details

Frequently asked questions about 124 Hougang Ave 1

How much do units at 124 Hougang Ave 1 cost?

The latest 12 recorded sales show a median price of S$386,500 and a median of S$521 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 124 Hougang Ave 1 freehold or leasehold?

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

When was 124 Hougang Ave 1 completed?

124 Hougang Ave 1 was completed in 1981 and the project has 139 units.

Which MRT or LRT station is nearest to 124 Hougang Ave 1?

Kovan is the nearest station shown, at an estimated straight-line distance of 801 metres.

Which primary schools are near 124 Hougang Ave 1?

The primary schools shown within the page’s one-kilometre search are Paya Lebar Methodist Girls' School (Primary) (374 m) and Xinghua Primary School (724 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 March 2026. Figures are indicative and do not constitute financial advice.