2 Houses for Rent at 123 Hougang Avenue 1

There are 2 properties for rent at 123 Hougang Avenue 1. You can use our elegant Property Search Tool to find the right HDB Flat, Condominium, Apartment, Executive Condominium, Terraced House, Detached House, Semi-Detached House and Bungalow House that is currently for rent. The options in our database are limitless. Our Property Evaluation Tool makes the market transparent for you, so that you can make a confident decision to rent your Property in Singapore. Start your Property Search above, or refine your search using these most popular searches on Property for rent.

123 Hougang Avenue 1 – PropertyGuru Market Pulse Insights

Recent PropertyGuru search data shows the development maintaining visibility in the local market. Drawing on 30 days of PropertyGuru search activity, it is evident that the property remains a consistent part of the rental landscape within the Hougang / Punggol / Sengkang district. This presence in search results highlights its continued relevance to active rental seekers exploring options in this specific residential cluster.

Most-searched Units: 2-Bedroom

Popular preferences: Balcony, Renovated, Maidsroom, Gym, Air-Conditioning, Tennis Court, Bathtub, Terrace, Corner Unit

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 1K
  • Avg PSF: S$ 10 psf (15.03% higher compared to Hougang / Punggol / Sengkang average of S$ 9 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 3K
  • Avg PSF: S$ 4 psf (6.17% lower compared to Hougang / Punggol / Sengkang average of S$ 4 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards 2-Bedroom configurations as the primary focus for rental interest in this development. While larger 3-Bedroom units offer a more attractive entry point relative to the district average, Room Rental options command a notable pricing premium. The current inventory profile suggests a highly segmented market where specific layout preferences drive distinct valuation patterns. This concentration of interest alongside limited availability across unit types supports a disciplined pricing environment for the property.

Location & Lifestyle Highlights — 123 Hougang Avenue 1 1440m (17 mins) to KOVAN MRT STATION — This station links you directly to the North East Line, making trips to Serangoon, Little India, and Dhoby Ghaut very straightforward. 123 Hougang Avenue 1 offers a practical and well-connected living experience in a mature residential setting. The location is perfect for those who value having a wide variety of local food options and essential bus services right at their doorstep. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (1440m, 17 mins) — Access the North East Line for a smooth commute towards the city center or northern residential hubs.

Bus Stops (31 within 1 km):

• OPP BLK 115 (225m, 2-3 mins) — Convenient bus services nearby for quick hops around the Hougang and Paya Lebar areas.
• BLK 115 (283m, 3-4 mins) — Handy transport link for residents to connect to major arterial roads and nearby MRT interchanges.

Education & Early Learning:

• PCS HOUGANG CENTRE (114m, 1-2 mins) — Very close childcare option for parents looking for early childhood education just a short walk away.
• PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY) (545m, 6-7 mins) — A well-regarded local secondary school within easy walking distance for students.
• XINGHUA PRIMARY SCHOOL (823m, 9-10 mins) — Established primary education facility serving the local community.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (1034m, 12-13 mins) — Traditional and general medical services available for the family's health needs.
• HEALTHCARE MEDICAL KOVAN (1111m, 13-14 mins) — Modern medical clinic providing comprehensive outpatient care and health screenings.
• GYNAE HEALTH CLINIC FOR WOMEN (1135m, 13-14 mins) — Specialized women's healthcare services located conveniently near the Kovan hub.

Shopping & Retail:

• FAIRPRICE (1226m, 14-15 mins) — Reliable spot for daily groceries and household essentials.
• HEARTLAND MALL KOVAN (1362m, 16-17 mins) — Popular neighborhood mall featuring a mix of retail shops, services, and a supermarket.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (1298m, 15-16 mins) — Premium grocery shopping experience with a wider selection of international products.

Dining & Food:

• CHINDAMANI INDIAN RESTAURANT (92m, 1-2 mins) — Famous local spot for crispy prata and authentic Indian flavors just around the corner.
• MOONA THAI KITCHEN (100m, 1-2 mins) — Quick and easy access to Thai cuisine for a simple weeknight dinner.
• MOLLYS NONYA CONFECTIONARY (503m, 6-7 mins) — Traditional Peranakan snacks and cakes for those who appreciate local heritage treats.

Highly attractive for: Young Families, Urban Professionals, Established Households

Market & Rental Insights

123 Hougang Avenue 1 demonstrates a notable upward trend in capital values despite limited recent rental volume.

• PG Pulse Insight: The project maintains a current median price of S$563.5 psf, reflecting a positive trajectory in property valuation within the Hougang area.

Published date: August 2, 2026