HDBOCRHougang

Block 120 Hougang Ave 1

120 Hougang Ave 1, Singapore 530120

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2023 (HDB)
Quick Summary

Block 120 Hougang Ave 1 is an HDB block in Hougang, completed in 1982, with 34 dwelling units. Across 45 resales on record, 5-Room flats have recently resold around S$627k (S$448 psf, 133 sqm). The lease has approximately 59 years remaining.

1

What are the key facts about Block 120 Hougang Ave 1?

Key Takeaway

Block 120 Hougang Ave 1 is an HDB block in Hougang, completed in 1982, with 34 dwelling units.

Town
Hougang
Planning area
Hougang
Completed
1982
Storeys
4
Total units
34
Flat model
New Generation · Improved-Maisonette
Market segment
OCR
Median resale
S$627k
Last transacted
Oct 2023
Remaining lease
≈ 59 years
2

What are resale prices at Block 120 Hougang Ave 1?

Key Takeaway

5-Room flats have recently resold around S$627k (S$448 psf), from 45 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
3-Room13S$175,000recent67 sqmS$243 psf
4-Room11S$223,000recent95 sqmS$218 psf
5-Room21S$627,000recent137 sqmS$438 psf

Live now: 3 flats listed for sale at this block (median asking S$975k) search all listings.

“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Oct 2023.

3

What rent and yield does Block 120 Hougang Ave 1 get?

Key Takeaway

Flats at Block 120 Hougang Ave 1 have recently sublet for a median of S$3,600/mo, an indicative gross rental yield of about 6.9% (from 5 recent rental contracts).

Median rent

S$3,600/mo

5 recent contracts

Gross rental yield

6.9%

indicative, gross

Annual rent

S$43,200

median × 12 months

Flat typeContractsMedian rent
4-Room4S$3,400/mo

HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Dec 2025. Source: HDB rental (subletting) data.

4

What has recently sold at Block 120 Hougang Ave 1?

Key Takeaway

Block 120 Hougang Ave 1 has 45 recorded resales; the most recent transacted at S$780,000 in Oct 2023 (HDB caveat data).

DateFlat typeStoreySizePrice
Oct 20235-Room01 TO 03137 sqmS$780,000
May 20235-Room01 TO 03137 sqmS$850,000
Aug 20225-Room01 TO 03137 sqmS$730,000
Dec 20205-Room01 TO 03133 sqmS$680,000
Sept 20203-Room04 TO 0667 sqmS$286,500
May 20175-Room01 TO 03133 sqmS$700,000
Nov 20165-Room01 TO 03133 sqmS$627,000
Nov 20165-Room01 TO 03133 sqmS$715,000
Feb 20153-Room04 TO 0667 sqmS$297,000
Aug 20143-Room01 TO 0380 sqmS$355,000
Dec 20114-Room01 TO 0395 sqmS$378,000
Nov 20113-Room01 TO 0367 sqmS$323,000
5

What flat types are in Block 120 Hougang Ave 1?

Key Takeaway

Block 120 Hougang Ave 1 has 34 units, mostly 5-Room flats of the New Generation / Improved-Maisonette model.

Unit stock by flat type, from the HDB property information dataset.

5-Room: 163-Room: 94-Room: 9
6

Where is Block 120 Hougang Ave 1?

Key Takeaway

Block 120 Hougang Ave 1 is an HDB block in Hougang.

Block 120 Hougang Ave 1 is an HDB block located along Hougang Ave 1. The block is recorded as completed around 1982, with up to 4 storeys. It has an estimated 34 residential units based on the HDB property information dataset. Flat types in the block include 3-room, 4-room, and 5-room units.

The address is Block 120 Hougang Ave 1, Singapore 530120. It is part of District 19, Serangoon Garden / Hougang / Punggol, the Hougang planning area. The block falls within the North-East Region and the OCR market segment.

The nearest rail connection is Kovan MRT, approximately 694m away, around 11 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, PRIME SUPERMARKET (1996) PTE LTD for groceries, Blk 105 Hougang Ave 1 for food options, Aroozoo Ave Pg for greenery and recreation, and Aljunied Community Centre for community facilities.

7

How far is Block 120 Hougang Ave 1 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 120 Hougang Ave 1 is Kovan MRT, about 694 m away (~11 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Yuying Secondary SchoolSecondary schoolwithin 1 km429 m
  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km464 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority513 m
  • Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority616 m
  • Anderson Serangoon Junior CollegeJunior college1.2 km
  • St. Gabriel's Secondary SchoolSecondary school1.5 km
  • Holy Innocents' Primary SchoolPrimary school1.6 km
  • Bartley Secondary SchoolSecondary school1.7 km

Shops, food & parks

Mall: Heartland Mall Kovan · 624 mSupermarket: Prime Supermarket (1996) Pte Ltd · 367 mHawker centre: Blk 105 Hougang Ave 1 · 299 mPark: Aroozoo Ave Pg · 188 m

Straight-line distances from the block. Source: PropKaki amenities data.

8

What does it cost to buy a flat at Block 120 Hougang Ave 1?

Key Takeaway

Buying a flat at Block 120 Hougang Ave 1 (~S$627k) needs about S$4,998/mo in income and S$2,354/mo in repayments, after S$13,410 stamp duty and a S$157k downpayment.

Illustrative, for a buyer at the recent median resale price (S$627k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$13,410

BSD, tiered

Downpayment (25%)

S$157k

cash + CPF

Monthly instalment

S$2,354/mo

25y @ 3.5%

Income required

S$4,998/mo

MSR/TDSR @ stress rate

First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.

Wondering whether it will hold its value? See do HDB flats actually make money? →

Keep going in the PropKaki app

Eyeing Block 120 Hougang Ave 1? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 120 Hougang Ave 1 sold for recently?

Recent sales at Block 120 Hougang Ave 1 land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 120 Hougang Ave 1

How much does a 5-Room flat at Block 120 Hougang Ave 1 cost?

5-Room flats at Block 120 Hougang Ave 1 have recently resold for a median of about S$627k (S$448 psf), from 45 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 120 Hougang Ave 1 by flat type?

3-Room ≈ S$175k; 4-Room ≈ S$223k; 5-Room ≈ S$627k (median resale, HDB caveats).

Is Block 120 Hougang Ave 1 worth buying given its remaining lease?

Block 120 Hougang Ave 1 has about 59 years left on its 99-year lease (completed 1982). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.

What is the rental yield at Block 120 Hougang Ave 1?

Gross rental yield at Block 120 Hougang Ave 1 is about 6.9%, based on a median subletting rent of about S$3,600/mo against a resale price of about S$627k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.

How much do I need to earn to buy a flat at Block 120 Hougang Ave 1?

For a flat at about S$627k on a 25-year HDB-style loan, you'd need roughly S$4,998/mo in household income, with repayments around S$2,354/mo after a S$157k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 120 Hougang Ave 1?

The nearest MRT/LRT station to Block 120 Hougang Ave 1 is Kovan MRT, about 694 m away (~11 min walk).

Which primary schools are within 1 km of Block 120 Hougang Ave 1?

Xinghua Primary School, Paya Lebar Methodist Girls' School (Primary) are within 1 km of Block 120 Hougang Ave 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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