Blk 123 Hougang Ave 1
HOUGANG AVE 1 · HOUGANG · Singapore 530123 · D19
Median PSF · 12m
S$544
Median price · 12m
S$480K
Latest sale
S$480K
Jun 2026
1-year change
-3.5%
Sales · 12m
1
148 all time
Gross yield
6.90%
3 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +37.1%
- Annualised
- +13.5%
- Transactions
- 14
- 1 year
- -3.5%
- 3 years p.a.
- +5.8%
- 5 years p.a.
- +6.5%
- Median size
- 721 sqft
Against the neighbourhood
How it compares within D19
Serangoon Gardens, Hougang, Punggol, Sengkang. All figures are medians over the last 12 months for HDB flats in this district.
| Measure | Blk 123 Hougang Ave 1 | D19 median | Difference |
|---|---|---|---|
| Median PSF | S$544 | S$642 | -15.3% |
| Median price | S$480K | S$660K | -27.3% |
| Gross rental yield | 6.90% | 5.85% | +1.1 pts |
| 1-year price change | -3.5% | +0.5% | -3.9 pts |
This development trades about 15% below the D19 median price per square foot.
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$2,800
Contracts · 12m
3
Implied annual rent
S$34K
Gross yield
6.90%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 2 | S$2,700 |
| 4 ROOM | 1 | S$3,300 |
Investment analysis
Investment score 58 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
58/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Valuationweight 22%87
How its median price per square foot compares with its own district.
- Price momentumweight 18%76
Three-year annualised change in median PSF, or one year where three is unavailable.
- Rental yieldweight 20%70
Gross yield against every other development in its segment.
- Supply riskweight 10%46
Upcoming units recorded in the same district. Higher score means less competing supply.
- Liquidityweight 15%22
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%22
Distance to the nearest rail station, plus schools within 1 km. Nearest is Kovan MRT at 750 m.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Kovan MRT750 m
- Bartley MRT1.4 km
- Serangoon MRT1.5 km
- Serangoon Interchange MRT1.5 km
Schools within 2 km
- Paya Lebar Methodist Girls' School (Secondary)secondary (s1-s5)300 m
- Paya Lebar Methodist Girls' School (Primary)primary460 m
- Yuying Secondary Schoolsecondary (s1-s5)610 m
- Xinghua Primary Schoolprimary690 m
- Anderson Serangoon Junior Collegejunior college1.3 km
- St. Gabriel'S Secondary Schoolsecondary (s1-s5)1.4 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- JANSEN HOUSEMequity GS Pte Ltd21 units1.3 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jun 2026 | 3 ROOM | S$480,000 | 883 sqft | S$544 | 07 TO 09 | 54 yr 3 mo |
| Sep 2025 | 4 ROOM | S$570,000 | 980 sqft | S$582 | 10 TO 12 | 55 yrs |
| May 2025 | 3 ROOM | S$480,888 | 883 sqft | S$545 | 04 TO 06 | 55 yr 5 mo |
| Sep 2024 | 3 ROOM | S$405,000 | 721 sqft | S$562 | 04 TO 06 | 56 yr 1 mo |
| Jun 2024 | 4 ROOM | S$480,000 | 980 sqft | S$490 | 04 TO 06 | 56 yr 4 mo |
| Jan 2024 | 3 ROOM | S$375,000 | 721 sqft | S$520 | 04 TO 06 | 56 yr 8 mo |
| Jan 2024 | 3 ROOM | S$375,000 | 721 sqft | S$520 | 07 TO 09 | 56 yr 8 mo |
| Nov 2023 | 3 ROOM | S$353,000 | 721 sqft | S$489 | 01 TO 03 | 56 yr 10 mo |
| Nov 2022 | 3 ROOM | S$400,000 | 872 sqft | S$459 | 04 TO 06 | 57 yr 11 mo |
| Dec 2021 | 3 ROOM | S$350,000 | 721 sqft | S$485 | 10 TO 12 | 58 yr 10 mo |
| Dec 2021 | 3 ROOM | S$328,000 | 721 sqft | S$455 | 10 TO 12 | 58 yr 9 mo |
| Nov 2021 | 3 ROOM | S$347,000 | 721 sqft | S$481 | 10 TO 12 | 59 yrs |
| Nov 2021 | 3 ROOM | S$342,800 | 721 sqft | S$475 | 07 TO 09 | 58 yr 11 mo |
| Aug 2021 | 3 ROOM | S$350,000 | 883 sqft | S$397 | 10 TO 12 | 59 yr 2 mo |
| Jan 2021 | 3 ROOM | S$350,000 | 883 sqft | S$397 | 07 TO 09 | 59 yr 9 mo |
| Jul 2020 | 3 ROOM | S$295,000 | 883 sqft | S$334 | 04 TO 06 | 60 yr 2 mo |
| Mar 2020 | 3 ROOM | S$272,000 | 721 sqft | S$377 | 07 TO 09 | 60 yr 6 mo |
| Sep 2019 | 3 ROOM | S$270,000 | 721 sqft | S$374 | 10 TO 12 | 61 yrs |
| Jun 2018 | 3 ROOM | S$280,000 | 721 sqft | S$388 | 07 TO 09 | 62 yr 3 mo |
| Mar 2018 | 3 ROOM | S$300,000 | 721 sqft | S$416 | 10 TO 12 | 62 yr 6 mo |
| Mar 2017 | 3 ROOM | S$320,000 | 721 sqft | S$444 | 07 TO 09 | 63 yr 6 mo |
| Oct 2015 | 3 ROOM | S$338,000 | 872 sqft | S$388 | 04 TO 06 | 64 yrs |
| Aug 2015 | 3 ROOM | S$320,000 | 721 sqft | S$444 | 07 TO 09 | 65 yrs |
| Jul 2015 | 3 ROOM | S$300,000 | 721 sqft | S$416 | 07 TO 09 | 65 yrs |
| Oct 2014 | 3 ROOM | S$355,000 | 872 sqft | S$407 | 10 TO 12 | 65 yr 3 mo |
| Apr 2014 | 4 ROOM | S$413,000 | 980 sqft | S$422 | 07 TO 09 | 65 yr 9 mo |
| Apr 2014 | 3 ROOM | S$353,000 | 721 sqft | S$489 | 04 TO 06 | 65 yr 9 mo |
| Oct 2013 | 3 ROOM | S$380,000 | 883 sqft | S$431 | 04 TO 06 | 66 yr 3 mo |
| Feb 2013 | 3 ROOM | S$408,000 | 872 sqft | S$468 | 01 TO 03 | 66 yr 11 mo |
| Apr 2012 | 3 ROOM | S$338,000 | 721 sqft | S$469 | 01 TO 05 | 67 yr 9 mo |
| Mar 2012 | 3 ROOM | S$345,000 | 883 sqft | S$391 | 01 TO 05 | 67 yr 10 mo |
| Dec 2010 | 3 ROOM | S$323,000 | 883 sqft | S$366 | 07 TO 09 | 69 yr 1 mo |
| Nov 2010 | 3 ROOM | S$298,000 | 721 sqft | S$413 | 04 TO 06 | 69 yr 2 mo |
| Oct 2010 | 3 ROOM | S$293,000 | 721 sqft | S$406 | 10 TO 12 | 69 yr 3 mo |
| Mar 2009 | 3 ROOM | S$271,000 | 883 sqft | S$307 | 07 TO 09 | 70 yr 10 mo |
| Jan 2009 | 3 ROOM | S$268,000 | 883 sqft | S$304 | 10 TO 12 | 71 yrs |
| Nov 2008 | 3 ROOM | S$270,000 | 883 sqft | S$306 | 04 TO 06 | 71 yr 2 mo |
| Apr 2008 | 3 ROOM | S$242,000 | 883 sqft | S$274 | 04 TO 06 | 71 yr 9 mo |
| Dec 2007 | 3 ROOM | S$177,000 | 721 sqft | S$245 | 04 TO 06 | 72 yr 1 mo |
| Nov 2007 | 3 ROOM | S$200,000 | 721 sqft | S$277 | 10 TO 12 | 72 yr 2 mo |
Showing the 40 most recent of 148 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 122 Hougang Ave 1
S$650
+16.6%1 sales8.3% yield
Blk 124 Hougang Ave 1
S$530
—2 sales7.6% yield
Blk 127 Hougang Ave 1
S$586
—2 sales
Blk 125 Hougang Ave 1
S$585
-9.3%2 sales7.4% yield
Blk 126 Hougang Ave 1
S$552
-4.0%3 sales7.0% yield
Blk 116 Hougang Ave 1
S$553
+1.4%2 sales6.5% yield
Blk 120 Hougang Ave 1
S$678
—1 sales4.5% yield
Blk 119 Hougang Ave 1
S$607
+2.2%3 sales7.1% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.