Blk 123 Hougang Ave 1 is an HDB block in Hougang (completed in 1981, 11 storeys, 127 units). As of Jul 2026, its median resale price over the last 24 months is $480,444, about 15% below the Hougang median, from 4 sales. 148 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1981 |
| Lease from | 1981 |
| Storeys | 11 |
| Dwelling units | 127 |
| Unit mix (sold) | 3-room ×109 · 4-room ×18 |
| Recorded resales | 148 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $480,000 | $5,864/m² | 3 |
| 4-Room | $570,000 | $6,264/m² | 1 |
Median monthly rent at this block: $2,800/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~7.0% (Hougang average: ~6.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 76% of Hougang blocks with recent sales.
For a typical 3-room flat here, our price model estimates $362,514–$405,524 (central estimate $384,019). Recent sales — median $400,596 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 07 TO 09 | 82 | $480,000 |
| 2025-09 | 4-Room | 10 TO 12 | 91 | $570,000 |
| 2025-05 | 3-Room | 04 TO 06 | 82 | $480,888 |
| 2024-09 | 3-Room | 04 TO 06 | 67 | $405,000 |
| 2024-06 | 4-Room | 04 TO 06 | 91 | $480,000 |
| 2024-01 | 3-Room | 04 TO 06 | 67 | $375,000 |
| 2024-01 | 3-Room | 07 TO 09 | 67 | $375,000 |
| 2023-11 | 3-Room | 01 TO 03 | 67 | $353,000 |
| 2022-11 | 3-Room | 04 TO 06 | 81 | $400,000 |
| 2021-12 | 3-Room | 10 TO 12 | 67 | $328,000 |
| 2021-12 | 3-Room | 10 TO 12 | 67 | $350,000 |
| 2021-11 | 3-Room | 07 TO 09 | 67 | $342,800 |
| 2021-11 | 3-Room | 10 TO 12 | 67 | $347,000 |
| 2021-08 | 3-Room | 10 TO 12 | 82 | $350,000 |
| 2021-01 | 3-Room | 07 TO 09 | 82 | $350,000 |
| 2020-07 | 3-Room | 04 TO 06 | 82 | $295,000 |
| 2020-03 | 3-Room | 07 TO 09 | 67 | $272,000 |
| 2019-09 | 3-Room | 10 TO 12 | 67 | $270,000 |
| 2018-06 | 3-Room | 07 TO 09 | 67 | $280,000 |
| 2018-03 | 3-Room | 10 TO 12 | 67 | $300,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 230 | $1,018,000 | $7,169/m² |
| 2. Blk 111 | $1,010,000 | $7,184/m² |
| 3. Blk 238 | $915,000 | $7,065/m² |
| 4. Blk 234 | $789,444 | $6,385/m² |
| 5. Blk 167 | $763,888 | $6,341/m² |
| 6. Blk 171 | $670,000 | $5,979/m² |
| 7. Blk 103 | $668,000 | $5,833/m² |
| 8. Blk 168 | $665,000 | $6,650/m² |
| 9. Blk 169 | $656,888 | $6,364/m² |
| 10. Blk 173 | $652,500 | $5,835/m² |
| 11. Blk 166 | $650,000 | $6,436/m² |
| 12. Blk 236 | $630,000 | $6,058/m² |
| 13. Blk 170 | $619,000 | $6,129/m² |
| 14. Blk 232 | $618,000 | $5,942/m² |
| 15. Blk 172 | $615,000 | $6,089/m² |
Showing the top 15 of 37 blocks.
The median resale price over the last 24 months is $480,444 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $362,514–$405,524 (central estimate $384,019). Recent sales — median $400,596 — sit within that range.
The median monthly rent is $2,800/mo over the last 12 months (3 contracts).
The block was completed in 1981 and its 99-year lease runs from 1981.