Blk 123 Hougang Avenue 1
About 123 Hougang Ave 1
123 Hougang Avenue 1 is an HDB block in Hougang. It comprises 3 room and 4 room units with the highest floor being 11. The block was completed in 1981 and the lease with HDB commenced in the year 1981. This leaves a remaining lease period of approximately 63 years 06 months.
Based on past transactions data, the unit floor size are 67, 81, 82 and 91sqm. The latest resale transaction was in Jun 2024 and the highest transacted price was recorded in Jun 2024 for a 4 room unit at $480,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 123, including Xinghua Primary School.
For secondary education, the nearby schools include Yuying Secondary School.
Public transportation is also convenient, with several MRT stations close to 123, including Kovan MRT Station (NE13). There are also 4 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $328,000 | $358,850 | $400,000 | 8 |
| 4 room | $480,000 | $480,000 | $480,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,300 | $2,103 | $3,000 | 19 |
| 4 room | $2,100 | $2,800 | $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 and 4 room units at 123 Hougang Avenue 1.
- 3 room sales : Trending down
- 4 room sales : Stable or no visible trend
- 3 room price : Trending up
- 4 room price : Stable or no visible trend
Resale transaction details and prices
There were a total of 9 resale transactions in the last 3 years for units in block 123 Hougang Avenue 1, with the latest one recorded in Jun 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jun 2024 | $480,000 | $5,275 | 4 Room | Blk 123 Hougang Avenue 1 4 Room / 91 sqm | 04 to 06 | 91 sqm | New Generation | 1981 |
| Jan 2024 | $375,000 | $5,597 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1981 |
| Jan 2024 | $375,000 | $5,597 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| Nov 2023 | $353,000 | $5,269 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1981 |
| Nov 2022 | $400,000 | $4,938 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 81 sqm | 04 to 06 | 81 sqm | New Generation | 1981 |
| Dec 2021 | $328,000 | $4,896 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 67 sqm | 10 to 12 | 67 sqm | New Generation | 1981 |
| Dec 2021 | $350,000 | $5,224 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 67 sqm | 10 to 12 | 67 sqm | New Generation | 1981 |
| Nov 2021 | $342,800 | $5,116 | 3 Room | Blk 123 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| Nov 2021 | $347,000 | $5,179 | 3 Room | Blk 123 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 and 4 room units at 123 Hougang Avenue 1.
- 3 room rental : Trending down
- 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 23 rental transactions in the last 3 years for units in block 123 Hougang Avenue 1. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $2,400 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Jun 2024 | $3,300 | 4 Room | Blk 123 Hougang Avenue 1 4 Room | Hougang |
| May 2024 | $2,200 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Apr 2024 | $2,500 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Feb 2024 | $2,300 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Aug 2023 | $1,400 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Jul 2023 | $2,000 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Jul 2023 | $2,200 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Jun 2023 | $3,100 | 4 Room | Blk 123 Hougang Avenue 1 4 Room | Hougang |
| May 2023 | $3,000 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Apr 2023 | $2,500 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Feb 2023 | $3,000 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Feb 2023 | $2,200 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Jan 2023 | $1,700 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Dec 2022 | $1,600 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Sep 2022 | $1,300 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Jul 2022 | $2,700 | 4 Room | Blk 123 Hougang Avenue 1 4 Room | Hougang |
| Jul 2022 | $2,000 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| May 2022 | $1,900 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Apr 2022 | $1,850 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Apr 2022 | $2,000 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Feb 2022 | $1,900 | 3 Room | Blk 123 Hougang Avenue 1 3 Room | Hougang |
| Nov 2021 | $2,100 | 4 Room | Blk 123 Hougang Avenue 1 4 Room | Hougang |
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Property information for 123 Hougang Avenue 1
| Block | : | 123 |
| Street | : | Hougang Avenue 1 |
| Building | : | |
| Postal code | : | 530123 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 67 sqm, 81 sqm, 82 sqm, 91 sqm |
| Recorded transactions flat types | : | 3 Room, 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1981 |
| Year completed | : | 1981 |
| Max. Floor | : | 11 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |