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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
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs
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

124 Hougang Ave 1 transaction volume024682019 · Resale: 220192020 · Resale: 320202021 · Resale: 320212022 · Resale: 420222023 · Resale: 720232024 · Resale: 320242025 · Resale: 120252026 · Resale: 12026
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

DateFlat type / storeyPricePSFSize
1 March 20263 Room · 10 To 12S$456,000S$517 psf882 sqft
1 October 20253 Room · 10 To 12S$480,000S$544 psf882 sqft
1 August 20243 Room · 07 To 09S$432,000S$599 psf721 sqft
1 June 2024Executive · 10 To 12S$950,000S$548 psf1,732 sqft
1 January 20243 Room · 04 To 06S$388,000S$538 psf721 sqft

124 Hougang Ave 1 median transaction PSF (S$)

124 Hougang Ave 1 median transaction PSF (S$)01503004506002019 · Median PSF: 35020192020 · Median PSF: 35720202021 · Median PSF: 42420212022 · Median PSF: 47020222023 · Median PSF: 51320232024 · Median PSF: 54820242025 · Median PSF: 54420252026 · Median PSF: 5172026

124 Hougang Ave 1 annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$456,000S$517 psf1
2025S$480,000S$544 psf1
2024S$432,000S$548 psf3
2023S$370,000S$513 psf7
2022S$360,000S$470 psf4
2021S$368,888S$424 psf3
2020S$280,000S$357 psf3
2019S$277,500S$350 psf2
59.0%
% Profitable
95
Profitable
63
Unprofitable

124 Hougang Ave 1 annualized profit %

124 Hougang Ave 1 annualized profit %-5.0%0.0%5.0%10.0%2019 · Average Annualized Profit: 1.0%20192020 · Average Annualized Profit: -0.0%20202021 · Average Annualized Profit: 4.9%20212022 · Average Annualized Profit: 6.5%20222023 · Average Annualized Profit: 6.3%20232024 · Average Annualized Profit: 6.7%20242025 · Average Annualized Profit: 7.7%20252026 · Average Annualized Profit: -5.0%2026
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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.

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