Blk 124 Hougang Avenue 1
About 124 Hougang Ave 1
124 Hougang Avenue 1 comprises 3 room, 4 room and executive HDB blocks and is located in Hougang. It was completed in year 1981 and the lease commenced in 1981. The remaining lease period with HDB is therefore approximately 62 years 02 months.
The highest floor for this block is 12. The unit floor size are 67, 81, 82, 91 and 161sqm, based on past transactions data. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Jun 2024 for a executive unit at $950,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 124, including Xinghua Primary School.
For secondary education, the nearby schools include Yuying Secondary School.
Block 124 is also well-connected to public transportation, with several MRT stations close by, including Kovan MRT Station (NE13).
There are also 4 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $325,000 | $373,091 | $432,000 | 11 |
| 4 room | $415,000 | $433,500 | $452,000 | 2 |
| Executive | $950,000 | $950,000 | $950,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,800 | $2,563 | $3,600 | 12 |
| 4 room | $2,100 | $2,333 | $2,600 | 3 |
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, 4 room and executive units at 124 Hougang Avenue 1.
- 3 room sales : Trending down
- 4 room sales : Stable or no visible trend
- Executive sales : Stable or no visible trend
- 3 room price : Trending up
- 4 room price : Trending down
- Executive price : Stable or no visible trend
Resale transaction details and prices
There were a total of 14 resale transactions in the last 3 years for units in block 124 Hougang Avenue 1, with the latest one recorded in Aug 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2024 | $432,000 | $6,448 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| Jun 2024 | $950,000 | $5,901 | Executive | Blk 124 Hougang Avenue 1 Executive / 161 sqm | 10 to 12 | 161 sqm | Adjoined flat | 1981 |
| Jan 2024 | $388,000 | $5,791 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1981 |
| Nov 2023 | $378,000 | $5,642 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 10 to 12 | 67 sqm | New Generation | 1981 |
| Oct 2023 | $368,000 | $5,493 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1981 |
| May 2023 | $370,000 | $5,522 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1981 |
| Apr 2023 | $415,000 | $4,560 | 4 Room | Blk 124 Hougang Avenue 1 4 Room / 91 sqm | 01 to 03 | 91 sqm | New Generation | 1981 |
| Mar 2023 | $385,000 | $5,746 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| Feb 2023 | $370,000 | $5,522 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1981 |
| Feb 2023 | $368,000 | $5,493 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1981 |
| Sep 2022 | $452,000 | $4,967 | 4 Room | Blk 124 Hougang Avenue 1 4 Room / 91 sqm | 10 to 12 | 91 sqm | New Generation | 1981 |
| Jul 2022 | $375,000 | $5,597 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| Feb 2022 | $325,000 | $4,851 | 3 Room | Blk 124 Hougang Avenue 1 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1981 |
| Feb 2022 | $345,000 | $5,149 | 3 Room | Blk 124 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, 4 room and executive units at 124 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 15 rental transactions in the last 3 years for units in block 124 Hougang Avenue 1. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $2,400 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Jul 2024 | $3,058 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| May 2024 | $3,600 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Oct 2023 | $2,900 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Jun 2023 | $3,000 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Feb 2023 | $1,800 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Jan 2023 | $2,000 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Nov 2022 | $2,600 | 4 Room | Blk 124 Hougang Avenue 1 4 Room | Hougang |
| Aug 2022 | $2,400 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Aug 2022 | $3,000 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Jun 2022 | $2,800 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| May 2022 | $2,300 | 4 Room | Blk 124 Hougang Avenue 1 4 Room | Hougang |
| Feb 2022 | $1,800 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
| Dec 2021 | $2,100 | 4 Room | Blk 124 Hougang Avenue 1 4 Room | Hougang |
| Dec 2021 | $2,000 | 3 Room | Blk 124 Hougang Avenue 1 3 Room | Hougang |
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Property information for 124 Hougang Avenue 1
| Block | : | 124 |
| Street | : | Hougang Avenue 1 |
| Building | : | |
| Postal code | : | 530124 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 67 sqm, 81 sqm, 82 sqm, 91 sqm, 161 sqm |
| Recorded transactions flat types | : | 3 Room, 4 Room, Executive |
| Recorded transactions flat models | : | New Generation, Adjoined flat |
| Lease commencement | : | 1981 |
| Year completed | : | 1981 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |