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Blk 123 Hougang Avenue 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 Sep 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 $353,000 $381,600 $405,000 5
4 room $480,000 $480,000 $480,000 1

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
3 room $1,300 $2,143 $3,000 21
4 room $2,700 $3,075 $3,300 4

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 up
  • 4 room sales : Stable or no visible trend
Resale transactions trend
  • 3 room price : Trending up
  • 4 room price : Stable or no visible trend
Average resale price trend

There were a total of 6 resale transactions in the last 3 years for units in block 123 Hougang Avenue 1, with the latest one recorded in Sep 2024.

116
Date Resale PSM Type Location Floor Fl. Area Model Built
Sep 2024 $405,000 $6,045 3 Room Blk 123 Hougang Avenue 1 3 Room / 67 sqm 04 to 06 67 sqm New Generation 1981
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

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 < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
  • 4 room rental : Stable trend
Rental transactions trend
  • 3 room rental price : Trending up
  • 4 room rental price : Trending up
Average rental price trend

There were a total of 25 rental transactions in the last 3 years for units in block 123 Hougang Avenue 1. The latest recorded one was in Nov 2024.

1125
Date Rental Flat Type Location Town
Nov 2024 $3,200 4 Room Blk 123 Hougang Avenue 1 4 Room Hougang
Oct 2024 $2,750 3 Room Blk 123 Hougang Avenue 1 3 Room Hougang
Sep 2024 $2,300 3 Room Blk 123 Hougang Avenue 1 3 Room Hougang
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
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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
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