Block 120 Hougang Avenue 1
Block 120 Hougang Avenue 1 has 6 recorded HDB resale transactions since 2017. Latest sale: $780,000 (Oct 2023, 5 room, floors 01–03). Median $5,296/sqm. Built 1983, 58 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 $2,500–$2,900 | 7.1% | Hougang avg · block too thin |
| 5-Room | $3,450 typically $3,200–$3,600 | 5.4% | Hougang avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Oct 2023 | 01 TO 03 | 5 ROOM | 137 sqm | $780,000 | $5,693 |
| May 2023 | 01 TO 03 | 5 ROOM | 137 sqm | $850,000 | $6,204 |
| Aug 2022 | 01 TO 03 | 5 ROOM | 137 sqm | $730,000 | $5,328 |
| Dec 2020 | 01 TO 03 | 5 ROOM | 133 sqm | $680,000 | $5,113 |
| Sep 2020 | 04 TO 06 | 3 ROOM | 67 sqm | $286,500 | $4,276 |
| May 2017 | 01 TO 03 | 5 ROOM | 133 sqm | $700,000 | $5,263 |
About Block 120 Hougang Avenue 1
Block 120 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1983 with approximately 58 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $286,500 to $850,000 based on 6 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $780,000 in 2023-10. The current median price per square metre is $5,296. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8663, with an annual lease decay rate of approximately 0.54%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 120 Hougang Avenue 1 worth?
The most recent resale transaction at Block 120 Hougang Avenue 1 was $780,000 for a 5 room flat in 2023-10. The median price per square metre across all flat types is $5,296, based on 6 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 120 Hougang Avenue 1?
Block 120 Hougang Avenue 1 was built in 1983 and has approximately 58 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.
What flat types are available at Block 120 Hougang Avenue 1?
Block 120 Hougang Avenue 1 in Hougang contains 3 room, 5 room flats. Resale prices range from $286,500 to $850,000 based on historical transaction records from data.gov.sg.