CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 19 · Hougang

123 Hougang Avenue 1

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

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 38 live company registrations at this address.

1

What are the key facts about 123 Hougang Avenue 1?

Key takeaway123 Hougang Avenue 1 is a commercial building in District 19 · Hougang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
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
Transactions on record
None recorded
Live listings
4
ACRA registrations
38

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.

2

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).

3

What is 123 Hougang Avenue 1 zoned as?

Key takeaway123 Hougang Avenue 1 sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What do commercial rents run near 123 Hougang Avenue 1?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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.

5

What is available at 123 Hougang Avenue 1 right now?

Key takeaway4 units are currently listed at 123 Hougang Avenue 13 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (3)

  • 123 Hougang Avenue 1, 530123S$2.80M · 1,765 sqft
  • 123 Hougang Ave 1S$2.70M · 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

Browse every listing at this building →

6

What is near 123 Hougang Avenue 1?

Key takeawayThe nearest MRT/LRT is Kovan MRT, about 767 m away.

Getting around

Amenities nearby

T M Auw Clinic · 11 mBlk 126 · 155 mEducational Institution · 198 mAroozoo Ave Pg · 205 mAljunied Community Centre · 392 mBlk 105 Hougang Ave 1 · 437 mPlace Of Worship · 448 mPrime Supermarket (1996) Pte Ltd · 493 mHeartland Mall Kovan · 696 mKovan MRT Exit A · 736 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 123 Hougang Avenue 1?

Key takeawayACRA records 38 live company registrations at this address, 11 of them in the last three years.
Live registrations
38
Registered last 3 years
11
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

8

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.

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