123 Hougang Avenue 1
123 Hougang Avenue 1 is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 2.8. 4 units are currently listed for sale or rent. ACRA records 16 live company registrations at this address.
What are the key facts about 123 Hougang Avenue 1?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 2.8
- Tenure
- Not on record
- District / Area
- District 19 · Hougang
- Address
- —
- Land area
- 1,981 sqm
- Completed
- 1981 (HDB Property Information)
- Storeys
- 11 (HDB Property Information)
- Submarket
- Suburban
- Listed as
- Shop / Shophouse
- Transactions on record
- None recorded
- Live listings
- 4
- ACRA registrations
- 16
No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.
About 123 Hougang Avenue 1
123 Hougang Avenue 1 is a commercial building in Hougang (District 19). It is located along Hougang Avenue 1, Singapore 530123.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 2.8.
It occupies roughly 1,981 sqm of land with about 5,548 sqm of gross floor area.
38 businesses are currently registered at this address with ACRA.
The nearest MRT is Kovan MRT, 767 m away (about a 12-minute walk). The closest bus stop (Blk 126) is 155 m away (about a 2-minute walk). Heartland Mall Kovan is 696 m away (about a 11-minute walk).
What is 123 Hougang Avenue 1 zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 2.8
What does space at 123 Hougang Avenue 1 rent for?
Retail space — District 19 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 19 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around 123 Hougang Avenue 1
- Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
How fast units move at 123 Hougang Avenue 1
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at 123 Hougang Avenue 1?
- 20 Dec 2019ApprovedFloor 1Change of use to self service laundry
Proposed change of use of part of the unit #01-XX to self service laundry
- 27 Apr 2009ApprovedAdditions & alterations
Extn of wp for prop a& a to existing public housing devt, bls 109 to 127 with new lifts/entrance porches at hougang n1 c1, 2, 3a, 3b, 3c & 3d at 03558n , 03561n ......
- 26 Feb 2007ApprovedAdditions & alterations
Proposed additions & alterations to existing public housing development, blocks 109 to 127 with new lifts/entrance porches at hougang neighbourhood 1 contract 1, 2, 3a, 3b, 3c & 3d at hougang avenue 1
- 5 Jan 2001ApprovedFloor 1Change of use
Proposed use of the 1st storey shop unit #01-XX as 4-d/toto outlet and provision shop
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
What do commercial rents run near 123 Hougang Avenue 1?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $63.64 | $104.00 | $295.24 |
| B1 & Below · 30 & Below | $63.48 | $71.43 | $209.95 |
| Level 2 & 3 · 30 & Below | $54.03 | $66.41 | $81.37 |
| B1 & Below · >30 - 100 | $225.40 | $251.63 | $339.38 |
| Level 2 & 3 · >30 - 100 | $201.18 | $241.17 | $307.68 |
| Level 1 · >30 - 100 | $98.95 | $138.38 | $262.23 |
| Level 2 & 3 · >100 - 300 | $201.65 | $214.77 | $221.82 |
| B1 & Below · >100 - 300 | $196.03 | $234.00 | $280.07 |
URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.
What is available at 123 Hougang Avenue 1 right now?
For sale (3)
- 123 Hougang Avenue 1S$2.80M · 1,765 sqft
- 123 Hougang Ave 1S$2.60M · 1,765 sqft
- 123 Hougang Ave 12 agentsS$2.50M · 1,765 sqft
For rent (1)
- 123 Hougang ave 1S$11k/mo · 1,765 sqft
What is near 123 Hougang Avenue 1?
Getting around
- Kovan MRT767 m · ~12 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 123 Hougang Avenue 1
nearest MRT/LRT Kovan (NE13) 736 m, about 48,000 taps a weekday; bus stops within 400 m: 5, about 14,000 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 41,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Kovan (NE13)736 m · about 48,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 123 Hougang Avenue 1. Transfers between lines don't tap, so interchanges read low.
Bus
5 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 109-127 Hougang Avenue 1 (HDB)174 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 757 car lots
- Aroozoo Ave (URA)261 mS$0.60 per half-hour at midday on a weekday · 9 car lots
- Blk 138-145 Lorong Ah Soo (HDB)279 mS$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 576 car lots
- Blk 128-137 Lorong Ah Soo (HDB)345 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 602 car lots
- Blk 166A Hougang Avenue 1 (HDB)349 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 316 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Simon Road-Kovan Road Area, 964 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 123 Hougang Avenue 1's own car park, if it has one, and its charges are not in the open data.
Who's registered at 123 Hougang Avenue 1?
- Professional, scientific and technical services3
- Administrative and support services2
- Construction2
- Education2
- Other services2
- Wholesale and retail trade1
- Health and social services1
- Accommodation and food services1
- Information and communications1
- Financial and insurance1
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.
Frequently asked questions about 123 Hougang Avenue 1
Where is 123 Hougang Avenue 1?⌄
123 Hougang Avenue 1 is at Hougang Avenue 1, Singapore 530123, in the Hougang planning area.
What is 123 Hougang Avenue 1 zoned as?⌄
123 Hougang Avenue 1 sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 2.8.
Have there been any recorded transactions at 123 Hougang Avenue 1?⌄
No caveats have been lodged for 123 Hougang Avenue 1 in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.
What is the nearest MRT station to 123 Hougang Avenue 1?⌄
Kovan MRT is the closest, 767 m away (about a 12-minute walk).
How many businesses are registered at 123 Hougang Avenue 1?⌄
38 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on 123 Hougang Avenue 1.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.