Block 124 Hougang Ave 1
124 Hougang Ave 1, Singapore 530124
Block 124 Hougang Ave 1 is an HDB block in Hougang, completed in 1981, with 139 dwelling units. Across 178 resales on record, 3-Room flats have recently resold around S$385k (S$517 psf, 67 sqm). The lease has approximately 55 years remaining.
What are the key facts about Block 124 Hougang Ave 1?
Block 124 Hougang Ave 1 is an HDB block in Hougang, completed in 1981, with 139 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1981
- Storeys
- 12
- Total units
- 139
- Flat model
- New Generation · Adjoined Flat
- Market segment
- OCR
- Median resale
- S$385k
- Last transacted
- Mar 2026
- Remaining lease
- ≈ 55 years
What are resale prices at Block 124 Hougang Ave 1?
3-Room flats have recently resold around S$385k (S$517 psf), from 178 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 155 | S$375,000recent | 67 sqm | S$517 psf |
| 4-Room | 20 | S$307,000recent | 91 sqm | S$313 psf |
| Executive | 3 | S$735,000recent | 161 sqm | S$424 psf |
Live now: 0 flats listed for sale at this block and 9 for rent (median S$1,100/mo) — 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 Mar 2026.
What rent and yield does Block 124 Hougang Ave 1 get?
Flats at Block 124 Hougang Ave 1 have recently sublet for a median of S$2,800/mo, an indicative gross rental yield of about 8.7% (from 24 recent rental contracts).
Median rent
S$2,800/mo
24 recent contracts
Gross rental yield
8.7%
indicative, gross
Annual rent
S$33,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$2,800/mo |
| 4-Room | 3 | S$2,300/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 Jun 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 124 Hougang Ave 1?
Block 124 Hougang Ave 1 has 178 recorded resales; the most recent transacted at S$456,000 in Mar 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Mar 2026 | 3-Room | 10 TO 12 | 82 sqm | S$456,000 |
| Oct 2025 | 3-Room | 10 TO 12 | 82 sqm | S$480,000 |
| Aug 2024 | 3-Room | 07 TO 09 | 67 sqm | S$432,000 |
| Jun 2024 | Executive | 10 TO 12 | 161 sqm | S$950,000 |
| Jan 2024 | 3-Room | 04 TO 06 | 67 sqm | S$388,000 |
| Nov 2023 | 3-Room | 10 TO 12 | 67 sqm | S$378,000 |
| Oct 2023 | 3-Room | 01 TO 03 | 67 sqm | S$368,000 |
| May 2023 | 3-Room | 04 TO 06 | 67 sqm | S$370,000 |
| Apr 2023 | 4-Room | 01 TO 03 | 91 sqm | S$415,000 |
| Mar 2023 | 3-Room | 07 TO 09 | 67 sqm | S$385,000 |
| Feb 2023 | 3-Room | 04 TO 06 | 67 sqm | S$368,000 |
| Feb 2023 | 3-Room | 04 TO 06 | 67 sqm | S$370,000 |
What flat types are in Block 124 Hougang Ave 1?
Block 124 Hougang Ave 1 has 139 units, mostly 3-Room flats of the New Generation / Adjoined Flat model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 124 Hougang Ave 1?
Block 124 Hougang Ave 1 is an HDB block in Hougang.
Block 124 Hougang Ave 1 is an HDB block located along Hougang Ave 1. The block is recorded as completed around 1981, with up to 12 storeys. It has an estimated 139 residential units based on the HDB property information dataset. Flat types in the block include 3-room, 4-room, and executive units.
The address is Block 124 Hougang Ave 1, Singapore 530124. 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 829m away, around 13 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.
How far is Block 124 Hougang Ave 1 from MRT and schools?
The nearest MRT/LRT to Block 124 Hougang Ave 1 is Kovan MRT, about 829 m away (~13 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Kovan MRT829 m · ~13 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 km274 m
- Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority424 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km614 m
- Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority701 m
- Anderson Serangoon Junior CollegeJunior college1.4 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 124 Hougang Ave 1?
Buying a flat at Block 124 Hougang Ave 1 (~S$385k) needs about S$3,069/mo in income and S$1,446/mo in repayments, after S$6,150 stamp duty and a S$96k downpayment.
Illustrative, for a buyer at the recent median resale price (S$385k) — 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$6,150
BSD, tiered
Downpayment (25%)
S$96k
cash + CPF
Monthly instalment
S$1,446/mo
25y @ 3.5%
Income required
S$3,069/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? →
Eyeing Block 124 Hougang Ave 1? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 124 Hougang Ave 1 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 124 Hougang Ave 1
How much does a 3-Room flat at Block 124 Hougang Ave 1 cost?⌄
3-Room flats at Block 124 Hougang Ave 1 have recently resold for a median of about S$385k (S$517 psf), from 178 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 124 Hougang Ave 1 by flat type?⌄
3-Room ≈ S$375k; 4-Room ≈ S$307k; Executive ≈ S$735k (median resale, HDB caveats).
Is Block 124 Hougang Ave 1 worth buying given its remaining lease?⌄
Block 124 Hougang Ave 1 has about 55 years left on its 99-year lease (completed 1981). 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 124 Hougang Ave 1?⌄
Gross rental yield at Block 124 Hougang Ave 1 is about 8.7%, based on a median subletting rent of about S$2,800/mo against a resale price of about S$385k. 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 124 Hougang Ave 1?⌄
For a flat at about S$385k on a 25-year HDB-style loan, you'd need roughly S$3,069/mo in household income, with repayments around S$1,446/mo after a S$96k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 124 Hougang Ave 1?⌄
The nearest MRT/LRT station to Block 124 Hougang Ave 1 is Kovan MRT, about 829 m away (~13 min walk).
Which primary schools are within 1 km of Block 124 Hougang Ave 1?⌄
Paya Lebar Methodist Girls' School (Primary), Xinghua Primary School are within 1 km of Block 124 Hougang Ave 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.