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Block 122 Hougang Avenue 1

3 Room · 4 Room · 5 Room · Built 1983 · 56 years remaining lease · Updated Dec 2025 MOP Cleared

Block 122 Hougang Avenue 1 has 13 recorded HDB resale transactions since 2017. Latest sale: $468,888 (Dec 2025, 3 room, floors 01–03). Median $5,150/sqm. Built 1983, 56 years lease remaining.

Latest Sale
$468,888
Dec 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$5,150
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 52%
#299 / 580 Top 52%
Latest Sale ?
Top 83%
#481 / 580 Top 83%
Value ($/sqm) ?
Top 31%
#182 / 580 Top 31%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.58%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 56 years remaining 99 years
56 years 10 months
Remaining lease
↓ 0.58%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.58%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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
5-Room $3,450 typically $3,200–$3,600 5.4% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2025 01 TO 03 3 ROOM 67 sqm $468,888 $6,998
May 2025 01 TO 03 3 ROOM 80 sqm $480,000 $6,000
Aug 2023 01 TO 03 5 ROOM 137 sqm $810,000 $5,912
Jan 2023 04 TO 06 3 ROOM 67 sqm $380,000 $5,672
Aug 2022 01 TO 03 3 ROOM 80 sqm $350,000 $4,375
Sep 2021 01 TO 03 5 ROOM 133 sqm $690,000 $5,188
Sep 2020 01 TO 03 3 ROOM 67 sqm $255,000 $3,806
Aug 2020 01 TO 03 5 ROOM 133 sqm $685,000 $5,150
Jun 2019 01 TO 03 3 ROOM 67 sqm $260,000 $3,881
Jun 2019 01 TO 03 5 ROOM 133 sqm $710,000 $5,338
May 2019 01 TO 03 4 ROOM 95 sqm $338,000 $3,558
Jul 2018 01 TO 03 5 ROOM 141 sqm $670,000 $4,752
Aug 2017 01 TO 03 5 ROOM 144 sqm $648,888 $4,506
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 122 Hougang Avenue 1

Block 122 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1983 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $255,000 to $810,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $468,888 in 2025-12. The current median price per square metre is $5,150. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8585, 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 122 Hougang Avenue 1 worth?

The most recent resale transaction at Block 122 Hougang Avenue 1 was $468,888 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $5,150, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 122 Hougang Avenue 1?

Block 122 Hougang Avenue 1 was built in 1983 and has approximately 56 years and 10 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 122 Hougang Avenue 1?

Block 122 Hougang Avenue 1 in Hougang contains 3 room, 4 room, 5 room flats. Resale prices range from $255,000 to $810,000 based on historical transaction records from data.gov.sg.

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