Blk 116 Hougang Avenue 1
About 116 Hougang Ave 1
116 Hougang Avenue 1 is an HDB block located in Hougang. It has 3 room units and the highest floor is 13. The block was completed in 1980 and the lease with HDB commenced in 1981. This means that the remaining lease period is approximately 63 years. The unit floor size are 67, 81 and 82sqm. The latest resale transaction was in Feb 2023 and the highest transacted price was recorded in Feb 2023 for a 3 room unit at $405,000.
There are several primary schools located within 1km of block 116, including Xinghua Primary School.
For secondary education, the nearby schools include Yuying Secondary School.
Block 116 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Kovan MRT Station (NE13).
There are also 5 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $340,000 | $372,500 | $405,000 | 4 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,000 | $2,214 | $3,300 | 18 |
| 4 room | $2,200 | $2,888 | $3,300 | 4 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 3 room units at 116 Hougang Avenue 1.
- 3 room sales : Stable or no visible trend
- 3 room price : Trending up
Resale transaction details and prices
There were a total of 4 resale transactions in the last 3 years for units in block 116 Hougang Avenue 1, with the latest one recorded in Feb 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Feb 2023 | $405,000 | $5,000 | 3 Room | Blk 116 Hougang Avenue 1 3 Room / 81 sqm | 13 to 15 | 81 sqm | New Generation | 1981 |
| Sep 2022 | $395,000 | $5,896 | 3 Room | Blk 116 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| May 2022 | $340,000 | $5,075 | 3 Room | Blk 116 Hougang Avenue 1 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1981 |
| Apr 2022 | $350,000 | $5,224 | 3 Room | Blk 116 Hougang Avenue 1 3 Room / 67 sqm | 10 to 12 | 67 sqm | New Generation | 1981 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room units at 116 Hougang Avenue 1.
- 3 room rental : Trending up
- 4 room rental : Stable trend
- 3 room rental price : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 22 rental transactions in the last 3 years for units in block 116 Hougang Avenue 1. The latest recorded one was in May 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| May 2024 | $3,300 | 4 Room | Blk 116 Hougang Avenue 1 4 Room | Hougang |
| Mar 2024 | $2,700 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Mar 2024 | $3,300 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Feb 2024 | $1,500 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Jan 2024 | $1,500 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Dec 2023 | $2,900 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Dec 2023 | $3,100 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Dec 2023 | $2,300 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Nov 2023 | $3,200 | 4 Room | Blk 116 Hougang Avenue 1 4 Room | Hougang |
| Aug 2023 | $2,900 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Jun 2023 | $2,600 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| May 2023 | $2,850 | 4 Room | Blk 116 Hougang Avenue 1 4 Room | Hougang |
| Mar 2023 | $2,100 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Jan 2023 | $3,200 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Jan 2023 | $2,200 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Feb 2022 | $1,500 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Feb 2022 | $1,750 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Jan 2022 | $1,000 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Jan 2022 | $1,900 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Nov 2021 | $1,900 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Oct 2021 | $1,500 | 3 Room | Blk 116 Hougang Avenue 1 3 Room | Hougang |
| Oct 2021 | $2,200 | 4 Room | Blk 116 Hougang Avenue 1 4 Room | Hougang |
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Property information for 116 Hougang Avenue 1
| Block | : | 116 |
| Street | : | Hougang Avenue 1 |
| Building | : | |
| Postal code | : | 530116 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 67 sqm, 81 sqm, 82 sqm |
| Recorded transactions flat types | : | 3 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1981 |
| Year completed | : | 1980 |
| Max. Floor | : | 13 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |