Blk 124 Hougang Avenue 1 — HDB resale prices
HDB resale prices, Hougang · 3-Room · built 1981
median resale price, last 24 months
2 sales in that window · as of Sep 2026
How it compares
Blk 124 Hougang Avenue 1 is an HDB block in Hougang (completed in 1981, 12 storeys, 139 units). As of Sep 2026, its median resale price over the last 24 months is $468,000, about 26% below the Hougang median, from 2 sales. 178 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×117 · 4-room ×20 · exec ×2
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,900/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~7.4% (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 90% of Hougang blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $360,822–$403,389 (central estimate $382,105). Recent sales — median $390,528 — 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 | $51,000 | $95,478 | 10 |
| 1991 | $46,000 | $83,253 | 4 |
| 1992 | $47,000 | $83,196 | 3 |
| 1993 | $140,000 | $242,268 | 1 |
| 1994 | $95,000 | $159,463 | 4 |
| 1995 | $127,000 | $209,561 | 7 |
| 1996 | $185,500 | $301,924 | 8 |
| 1997 | $229,500 | $366,134 | 2 |
| 1998 | $165,000 | $263,951 | 11 |
| 1999 | $139,500 | $223,106 | 23 |
| 2000 | $144,500 | $228,027 | 4 |
| 2001 | $139,000 | $217,147 | 6 |
| 2002 | $155,000 | $243,094 | 7 |
| 2003 | $170,000 | $265,325 | 3 |
| 2004 | $166,500 | $255,589 | 9 |
| 2005 | $167,000 | $255,149 | 2 |
| 2006 | $159,250 | $240,980 | 6 |
| 2007 | $190,944 | $282,969 | 2 |
| 2008 | $225,000 | $312,690 | 7 |
| 2009 | $246,000 | $339,876 | 4 |
| 2010 | $267,500 | $359,413 | 6 |
| 2011 | $323,500 | $412,967 | 4 |
| 2012 | $357,000 | $435,769 | 1 |
| 2013 | $402,000 | $479,366 | 3 |
| 2014 | $355,000 | $418,988 | 3 |
| 2015 | $342,000 | $405,767 | 5 |
| 2016 | $300,500 | $358,425 | 7 |
| 2018 | $276,500 | $326,476 | 2 |
| 2019 | $277,500 | $325,808 | 2 |
| 2020 | $280,000 | $329,310 | 3 |
| 2021 | $368,888 | $424,031 | 3 |
| 2022 | $360,000 | $389,909 | 4 |
| 2023 | $370,000 | $382,263 | 7 |
| 2024 | $432,000 | $435,901 | 3 |
| 2025 | $480,000 | $480,000 | 1 |
| 2026 | $456,000 | $456,000 | 1 |
Records
| Record sale | $950,000 (Executive, 2024-06) |
|---|---|
| First recorded sale | $52,000 (1990-01) |
| Busiest year | 1999 · 23 sales |
| 10-year change (real) | +27% (+2.4%/yr, 2016→2026) |
| Total transacted | $38.6M across 178 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-03 | 3-Room | 10–12 | 82 m² | $456,000 |
| 2025-10 | 3-Room | 10–12 | 82 m² | $480,000 |
| 2024-08 | 3-Room | 07–09 | 67 m² | $432,000 |
| 2024-06 | Executive | 10–12 | 161 m² | $950,000 |
| 2024-01 | 3-Room | 04–06 | 67 m² | $388,000 |
| 2023-11 | 3-Room | 10–12 | 67 m² | $378,000 |
| 2023-10 | 3-Room | 01–03 | 67 m² | $368,000 |
| 2023-05 | 3-Room | 04–06 | 67 m² | $370,000 |
| 2023-04 | 4-Room | 01–03 | 91 m² | $415,000 |
| 2023-03 | 3-Room | 07–09 | 67 m² | $385,000 |
| 2023-02 | 3-Room | 04–06 | 67 m² | $370,000 |
| 2023-02 | 3-Room | 04–06 | 67 m² | $368,000 |
| 2022-09 | 4-Room | 10–12 | 91 m² | $452,000 |
| 2022-07 | 3-Room | 07–09 | 67 m² | $375,000 |
| 2022-02 | 3-Room | 10–12 | 67 m² | $345,000 |
| 2022-02 | 3-Room | 07–09 | 67 m² | $325,000 |
| 2021-06 | Executive | 04–06 | 161 m² | $735,000 |
| 2021-04 | 4-Room | 04–06 | 91 m² | $368,888 |
| 2021-03 | 3-Room | 10–12 | 67 m² | $318,000 |
| 2020-10 | 3-Room | 04–06 | 67 m² | $275,000 |
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 124 Hougang Avenue 1 cost?
The median resale price over the last 24 months is $468,000 (2 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 124 Hougang Avenue 1 fairly priced?
For a typical 3-room flat here, our price model estimates $360,822–$403,389 (central estimate $382,105). Recent sales — median $390,528 — sit within that range.
What is the rent at Blk 124 Hougang Avenue 1?
The median monthly rent is $2,900/mo over the last 12 months (5 contracts).
How old is Blk 124 Hougang Avenue 1?
The block was completed in 1981 and its 99-year lease runs from 1981.