Block 123 Hougang Avenue 1
Block 123 Hougang Avenue 1 has 21 recorded HDB resale transactions since 2017. Latest sale: $480,000 (Jun 2026, 3 room, floors 07–09). Median $5,116/sqm. Prices up 37.9% over the past five years. Built 1981, 54 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Hougang average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,700 typically $2,450–$2,900 | 7.1% | Hougang avg · block too thin |
| 4-Room | $3,200 typically $3,000–$3,450 | 6.2% | Hougang avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 123 Hougang Avenue 1 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jun 2026 | 07 TO 09 | 3 ROOM | 82 sqm | $480,000 | $5,854 |
| Sep 2025 | 10 TO 12 | 4 ROOM | 91 sqm | $570,000 | $6,264 |
| May 2025 | 04 TO 06 | 3 ROOM | 82 sqm | $480,888 | $5,864 |
| Sep 2024 | 04 TO 06 | 3 ROOM | 67 sqm | $405,000 | $6,045 |
| Jun 2024 | 04 TO 06 | 4 ROOM | 91 sqm | $480,000 | $5,275 |
| Jan 2024 | 04 TO 06 | 3 ROOM | 67 sqm | $375,000 | $5,597 |
| Jan 2024 | 07 TO 09 | 3 ROOM | 67 sqm | $375,000 | $5,597 |
| Nov 2023 | 01 TO 03 | 3 ROOM | 67 sqm | $353,000 | $5,269 |
| Nov 2022 | 04 TO 06 | 3 ROOM | 81 sqm | $400,000 | $4,938 |
| Dec 2021 | 10 TO 12 | 3 ROOM | 67 sqm | $328,000 | $4,896 |
| Dec 2021 | 10 TO 12 | 3 ROOM | 67 sqm | $350,000 | $5,224 |
| Nov 2021 | 07 TO 09 | 3 ROOM | 67 sqm | $342,800 | $5,116 |
| Nov 2021 | 10 TO 12 | 3 ROOM | 67 sqm | $347,000 | $5,179 |
| Aug 2021 | 10 TO 12 | 3 ROOM | 82 sqm | $350,000 | $4,268 |
| Jan 2021 | 07 TO 09 | 3 ROOM | 82 sqm | $350,000 | $4,268 |
| Jul 2020 | 04 TO 06 | 3 ROOM | 82 sqm | $295,000 | $3,598 |
| Mar 2020 | 07 TO 09 | 3 ROOM | 67 sqm | $272,000 | $4,060 |
| Sep 2019 | 10 TO 12 | 3 ROOM | 67 sqm | $270,000 | $4,030 |
| Jun 2018 | 07 TO 09 | 3 ROOM | 67 sqm | $280,000 | $4,179 |
| Mar 2018 | 10 TO 12 | 3 ROOM | 67 sqm | $300,000 | $4,478 |
About Block 123 Hougang Avenue 1
Block 123 Hougang Avenue 1 is an ageing-lease HDB block in Hougang, built in 1981 with about 54 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 28% below the Hougang median, cheaper than about 92% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across 3 room, 4 room flats priced from $270,000 to $570,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $480,000 in Jun 2026, and the median works out to $5,116/sqm. Over five years, prices here are up about 37.9%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 123 Hougang Avenue 1 worth?
The most recent resale transaction at Block 123 Hougang Avenue 1 was $480,000 for a 3 room flat in 2026-06. The median price per square metre across all flat types is $5,116, based on 21 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 123 Hougang Avenue 1?
Block 123 Hougang Avenue 1 was built in 1981 and has approximately 54 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.64%, meaning the leasehold value decreases by approximately 0.64% per year at the current remaining lease.
What flat types are available at Block 123 Hougang Avenue 1?
Block 123 Hougang Avenue 1 in Hougang contains 3 room, 4 room flats. Resale prices range from $270,000 to $570,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 123 Hougang Avenue 1 gone up or down?
Resale prices at Block 123 Hougang Avenue 1 have increased by approximately 37.9% over the past five years. The current median price is $350,000, with the most recent sale at $480,000 in 2026-06.