Block 123 Hougang Ave 1
123 Hougang Ave 1, Singapore 530123
Block 123 Hougang Ave 1 is an HDB block in Hougang, completed in 1981, with 127 dwelling units. 3-Room flats have recently resold around S$375k (67 sqm), from 147 resales on record. The lease has approximately 55 years remaining.
What are the key facts about Block 123 Hougang Ave 1?
Block 123 Hougang Ave 1 is an HDB block in Hougang, completed in 1981, with 127 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1981
- Storeys
- 11
- Total units
- 127
- Market segment
- OCR
- Median resale
- S$375k
- Last transacted
- Sept 2025
- Remaining lease
- ≈ 55 years
What are resale prices at Block 123 Hougang Ave 1?
3-Room flats have recently resold around S$375k (S$489 psf), from 147 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 133 | S$350,000recent | 67 sqm | S$481 psf |
| 4-Room | 14 | S$233,000recent | 91 sqm | S$238 psf |
“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 Sept 2025.
What has recently sold at Block 123 Hougang Ave 1?
Block 123 Hougang Ave 1 has 147 recorded resales; the most recent transacted at S$570,000 in Sept 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Sept 2025 | 4-Room | 10 TO 12 | 91 sqm | S$570,000 |
| May 2025 | 3-Room | 04 TO 06 | 82 sqm | S$480,888 |
| Sept 2024 | 3-Room | 04 TO 06 | 67 sqm | S$405,000 |
| Jun 2024 | 4-Room | 04 TO 06 | 91 sqm | S$480,000 |
| Jan 2024 | 3-Room | 04 TO 06 | 67 sqm | S$375,000 |
| Jan 2024 | 3-Room | 07 TO 09 | 67 sqm | S$375,000 |
| Nov 2023 | 3-Room | 01 TO 03 | 67 sqm | S$353,000 |
| Nov 2022 | 3-Room | 04 TO 06 | 81 sqm | S$400,000 |
| Dec 2021 | 3-Room | 10 TO 12 | 67 sqm | S$350,000 |
| Dec 2021 | 3-Room | 10 TO 12 | 67 sqm | S$328,000 |
| Nov 2021 | 3-Room | 10 TO 12 | 67 sqm | S$347,000 |
| Nov 2021 | 3-Room | 07 TO 09 | 67 sqm | S$342,800 |
What flat types are in Block 123 Hougang Ave 1?
Block 123 Hougang Ave 1 has 127 units, mostly 3-Room flats.
Unit stock by flat type, from the HDB property information dataset.
How far is Block 123 Hougang Ave 1 from MRT and schools?
The nearest MRT/LRT to Block 123 Hougang Ave 1 is Kovan MRT, about 767 m away (~12 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Kovan MRT767 m · ~12 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km297 m
- Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority458 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km605 m
- Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority688 m
- Anderson Serangoon Junior CollegeJunior college1.3 km
- St. Gabriel's Secondary SchoolSecondary school1.4 km
- Bartley Secondary SchoolSecondary school1.5 km
- Maris Stella High SchoolMixed-level school1.6 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 123 Hougang Ave 1?
Buying a flat at Block 123 Hougang Ave 1 (~S$375k) needs about S$2,989/mo in income and S$1,408/mo in repayments, after S$5,850 stamp duty and a S$94k downpayment.
Illustrative, for a buyer at the recent median resale price (S$375k) — 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$5,850
BSD, tiered
Downpayment (25%)
S$94k
cash + CPF
Monthly instalment
S$1,408/mo
25y @ 3.5%
Income required
S$2,989/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.
Frequently asked questions about Block 123 Hougang Ave 1
What is the resale price at Block 123 Hougang Ave 1?⌄
3-Room flats at Block 123 Hougang Ave 1 have recently resold around S$375k (67 sqm), based on HDB resale caveats. Resale prices vary by flat type, floor and remaining lease.
How much are flats at Block 123 Hougang Ave 1 by flat type?⌄
3-Room ≈ S$350k; 4-Room ≈ S$233k. Figures are median resale prices from HDB caveats.
How many years are left on the lease at Block 123 Hougang Ave 1?⌄
Block 123 Hougang Ave 1 has approximately 55 years left on its 99-year lease (completed 1981). This figure is taken from the most recent transacted flat.
How many units are in Block 123 Hougang Ave 1?⌄
Block 123 Hougang Ave 1 has 127 dwelling units across up to 11 storeys, mostly 3 room flats.
What is the nearest MRT to Block 123 Hougang Ave 1?⌄
The nearest MRT/LRT station to Block 123 Hougang Ave 1 is Kovan MRT, about 767 m away (~12 min walk).
Which primary schools are within 1 km of Block 123 Hougang Ave 1?⌄
Paya Lebar Methodist Girls' School (Primary), Xinghua Primary School are within 1 km of Block 123 Hougang Ave 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
Is Block 123 Hougang Ave 1 a good place to buy an HDB resale flat?⌄
Block 123 Hougang Ave 1 sits in Hougang, in the Hougang planning area. Whether it suits you depends on your budget, the flat type, the remaining lease (≈55 years) and proximity to MRT and schools — all of which are summarised on this page from HDB resale data.
