Blk 123 Hougang Avenue 1 — HDB resale prices
HDB resale prices, Hougang · 3-Room, 4-Room · built 1981
median resale price, last 24 months
3 sales in that window · as of Sep 2026
How it compares
Blk 123 Hougang Avenue 1 is an HDB block in Hougang (completed in 1981, 11 storeys, 127 units). As of Sep 2026, its median resale price over the last 24 months is $480,888, about 23% below the Hougang median, from 3 sales. 148 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×109 · 4-room ×18
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,825/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~7.0% (Hougang average: ~5.9%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 82% of Hougang blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $367,263–$410,590 (central estimate $388,927). Recent sales — median $398,872 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $56,550 | $105,868 | 4 |
| 1991 | $47,000 | $85,063 | 7 |
| 1992 | $47,000 | $83,196 | 3 |
| 1993 | $76,500 | $132,382 | 4 |
| 1994 | $106,500 | $178,766 | 6 |
| 1995 | $126,500 | $208,736 | 8 |
| 1996 | $184,000 | $299,483 | 8 |
| 1997 | $200,000 | $319,071 | 10 |
| 1998 | $162,000 | $259,152 | 14 |
| 1999 | $157,000 | $251,094 | 9 |
| 2000 | $170,500 | $269,056 | 10 |
| 2001 | $136,000 | $212,460 | 7 |
| 2002 | $158,500 | $248,584 | 6 |
| 2003 | $145,000 | $226,306 | 1 |
| 2004 | $164,900 | $253,132 | 4 |
| 2005 | $167,000 | $255,149 | 4 |
| 2006 | $168,000 | $254,221 | 3 |
| 2007 | $188,500 | $279,348 | 2 |
| 2008 | $256,000 | $355,772 | 2 |
| 2009 | $269,500 | $372,343 | 2 |
| 2010 | $298,000 | $400,393 | 3 |
| 2012 | $341,500 | $416,849 | 2 |
| 2013 | $394,000 | $469,827 | 2 |
| 2014 | $355,000 | $418,988 | 3 |
| 2015 | $320,000 | $379,665 | 3 |
| 2017 | $320,000 | $379,495 | 1 |
| 2018 | $290,000 | $342,416 | 2 |
| 2019 | $270,000 | $317,002 | 1 |
| 2020 | $283,500 | $333,427 | 2 |
| 2021 | $348,500 | $400,596 | 6 |
| 2022 | $400,000 | $433,232 | 1 |
| 2023 | $353,000 | $364,700 | 1 |
| 2024 | $390,000 | $393,522 | 4 |
| 2025 | $525,444 | $525,444 | 2 |
| 2026 | $480,000 | $480,000 | 1 |
Records
| Record sale | $570,000 (4-Room, 2025-09) |
|---|---|
| First recorded sale | $63,100 (1990-02) |
| Busiest year | 1998 · 14 sales |
| Total transacted | $29.6M across 148 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 07–09 | 82 m² | $480,000 |
| 2025-09 | 4-Room | 10–12 | 91 m² | $570,000 |
| 2025-05 | 3-Room | 04–06 | 82 m² | $480,888 |
| 2024-09 | 3-Room | 04–06 | 67 m² | $405,000 |
| 2024-06 | 4-Room | 04–06 | 91 m² | $480,000 |
| 2024-01 | 3-Room | 07–09 | 67 m² | $375,000 |
| 2024-01 | 3-Room | 04–06 | 67 m² | $375,000 |
| 2023-11 | 3-Room | 01–03 | 67 m² | $353,000 |
| 2022-11 | 3-Room | 04–06 | 81 m² | $400,000 |
| 2021-12 | 3-Room | 10–12 | 67 m² | $350,000 |
| 2021-12 | 3-Room | 10–12 | 67 m² | $328,000 |
| 2021-11 | 3-Room | 10–12 | 67 m² | $347,000 |
| 2021-11 | 3-Room | 07–09 | 67 m² | $342,800 |
| 2021-08 | 3-Room | 10–12 | 82 m² | $350,000 |
| 2021-01 | 3-Room | 07–09 | 82 m² | $350,000 |
| 2020-07 | 3-Room | 04–06 | 82 m² | $295,000 |
| 2020-03 | 3-Room | 07–09 | 67 m² | $272,000 |
| 2019-09 | 3-Room | 10–12 | 67 m² | $270,000 |
| 2018-06 | 3-Room | 07–09 | 67 m² | $280,000 |
| 2018-03 | 3-Room | 10–12 | 67 m² | $300,000 |
Hougang Avenue 1 blocks ranked by price
Showing the top 15 of 39 priced blocks.
More blocks on Hougang Avenue 1
Quick answers
How much does a flat at Blk 123 Hougang Avenue 1 cost?
The median resale price over the last 24 months is $480,888 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 123 Hougang Avenue 1 fairly priced?
For a typical 3-room flat here, our price model estimates $367,263–$410,590 (central estimate $388,927). Recent sales — median $398,872 — sit within that range.
What is the rent at Blk 123 Hougang Avenue 1?
The median monthly rent is $2,825/mo over the last 12 months (4 contracts).
How old is Blk 123 Hougang Avenue 1?
The block was completed in 1981 and its 99-year lease runs from 1981.