Block 123 Hougang Avenue 1
Block 123 Hougang Avenue 1 has 20 recorded HDB resale transactions since 2017. Latest sale: $570,000 (Sep 2025, 4 room, floors 10–12). Median $5,027/sqm. Prices up 38% over the past five years. Built 1981, 55 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 |
|---|---|---|---|---|---|
| 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 |
| Mar 2017 | 07 TO 09 | 3 ROOM | 67 sqm | $320,000 | $4,776 |
About Block 123 Hougang Avenue 1
Block 123 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1981 with approximately 55 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $270,000 to $570,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $570,000 in 2025-09. The current median price per square metre is $5,027. Over the past five years, resale prices at this block have increased by approximately 38%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8492, with an annual lease decay rate of approximately 0.62%. 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 123 Hougang Avenue 1 worth?
The most recent resale transaction at Block 123 Hougang Avenue 1 was $570,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $5,027, based on 20 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 55 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.62%, meaning the leasehold value decreases by approximately 0.62% 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 38% over the past five years. The current median price is $350,000, with the most recent sale at $570,000 in 2025-09.