Blk 124 Hougang Ave 1 is an HDB block in Hougang (completed in 1981, 12 storeys, 139 units). As of Jul 2026, its median resale price over the last 24 months is $456,000, about 19% below the Hougang median, from 3 sales. 178 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1981 |
| Lease from | 1981 |
| Storeys | 12 |
| Dwelling units | 139 |
| Unit mix (sold) | 3-room ×117 · 4-room ×20 · exec ×2 |
| Recorded resales | 178 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $456,000 | $5,854/m² | 3 |
Median monthly rent at this block: $3,000/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~7.9% (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 82% of Hougang blocks with recent sales.
For a typical 3-room flat here, our price model estimates $360,490–$403,260 (central estimate $381,875). 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.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-03 | 3-Room | 10 TO 12 | 82 | $456,000 |
| 2025-10 | 3-Room | 10 TO 12 | 82 | $480,000 |
| 2024-08 | 3-Room | 07 TO 09 | 67 | $432,000 |
| 2024-06 | Executive | 10 TO 12 | 161 | $950,000 |
| 2024-01 | 3-Room | 04 TO 06 | 67 | $388,000 |
| 2023-11 | 3-Room | 10 TO 12 | 67 | $378,000 |
| 2023-10 | 3-Room | 01 TO 03 | 67 | $368,000 |
| 2023-05 | 3-Room | 04 TO 06 | 67 | $370,000 |
| 2023-04 | 4-Room | 01 TO 03 | 91 | $415,000 |
| 2023-03 | 3-Room | 07 TO 09 | 67 | $385,000 |
| 2023-02 | 3-Room | 04 TO 06 | 67 | $368,000 |
| 2023-02 | 3-Room | 04 TO 06 | 67 | $370,000 |
| 2022-09 | 4-Room | 10 TO 12 | 91 | $452,000 |
| 2022-07 | 3-Room | 07 TO 09 | 67 | $375,000 |
| 2022-02 | 3-Room | 07 TO 09 | 67 | $325,000 |
| 2022-02 | 3-Room | 10 TO 12 | 67 | $345,000 |
| 2021-06 | Executive | 04 TO 06 | 161 | $735,000 |
| 2021-04 | 4-Room | 04 TO 06 | 91 | $368,888 |
| 2021-03 | 3-Room | 10 TO 12 | 67 | $318,000 |
| 2020-10 | 3-Room | 04 TO 06 | 67 | $275,000 |
| 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 $456,000 (3 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 $360,490–$403,260 (central estimate $381,875). Recent sales — median $390,528 — sit within that range.
The median monthly rent is $3,000/mo over the last 12 months (5 contracts).
The block was completed in 1981 and its 99-year lease runs from 1981.