Block 121 Hougang Avenue 1
Block 121 Hougang Avenue 1 has 4 recorded HDB resale transactions since 2017. Latest sale: $400,000 (Dec 2024, 3 room, floors 04–06). Median $4,908/sqm. Built 1982, 56 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 |
| 4-Room | $3,200 typically $3,000–$3,500 | 6.1% | 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 |
|---|---|---|---|---|---|
| Dec 2024 | 04 TO 06 | 3 ROOM | 67 sqm | $400,000 | $5,970 |
| Feb 2024 | 01 TO 03 | 3 ROOM | 67 sqm | $368,000 | $5,493 |
| Jan 2022 | 01 TO 03 | 4 ROOM | 93 sqm | $402,000 | $4,323 |
| Sep 2018 | 04 TO 06 | 3 ROOM | 67 sqm | $250,000 | $3,731 |
About Block 121 Hougang Avenue 1
Block 121 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1982 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $250,000 to $402,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $400,000 in 2024-12. The current median price per square metre is $4,908. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8572, with an annual lease decay rate of approximately 0.58%. 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 121 Hougang Avenue 1 worth?
The most recent resale transaction at Block 121 Hougang Avenue 1 was $400,000 for a 3 room flat in 2024-12. The median price per square metre across all flat types is $4,908, based on 4 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 121 Hougang Avenue 1?
Block 121 Hougang Avenue 1 was built in 1982 and has approximately 56 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.58%, meaning the leasehold value decreases by approximately 0.58% per year at the current remaining lease.
What flat types are available at Block 121 Hougang Avenue 1?
Block 121 Hougang Avenue 1 in Hougang contains 3 room, 4 room flats. Resale prices range from $250,000 to $402,000 based on historical transaction records from data.gov.sg.