123 Hougang Avenue 1 - 3 Units for Rent

There are 3 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 of Hougang / Punggol / Sengkang over the past 30 days. While overall search volume remains modest, the property continues to feature in recent search behaviour among rental seekers exploring this residential zone.

Most-searched Units: 3-Bedroom

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

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 525
  • Avg PSF: S$ 5 psf (40.45% lower compared to Hougang / Punggol / Sengkang average of S$ 9 psf)
  • Available Units: 2

Key Takeaway: Market demand indicators point strongly towards 3-Bedroom configurations as the primary interest driver for rental seekers at this location. With only 2 room rental units currently available, the inventory represents a highly accessible entry point into the district. The development is priced at a significant discount compared to the broader Hougang / Punggol / Sengkang average, offering competitive value for those prioritizing affordability. This pricing gap suggests the property serves as a budget-conscious alternative within a high-demand residential corridor.

Location & Lifestyle Highlights — 123 Hougang Avenue 1 1440m (17 mins) to KOVAN MRT STATION — This station connects you directly to the North East Line, making trips to Serangoon, Little India, and the city center very straightforward. 123 Hougang Avenue 1 offers a practical and efficient living environment where daily essentials are always within easy reach. The location balances a quiet residential feel with the convenience of being surrounded by a dense network of bus services and a variety of local food options right at your doorstep. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (1440m, 17 mins) — A reliable rail link that provides a smooth commute for those working in the Central Business District or heading to major shopping hubs.

Bus Stops (31 within 1 km):

• BLK 115 (283m, 3-4 mins) — Very close by for a quick hop onto several bus routes serving the local neighbourhood.
• OPPOSITE BLK 115 (292m, 3-4 mins) — Handy for residents needing to travel in the opposite direction for work or errands.

Education & Early Learning:

• PCS HOUGANG CENTRE (114m, 1-2 mins) — An extremely convenient preschool option for parents with young children living in the area.
• PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY) (547m, 6-7 mins) — A well-regarded secondary school located within a comfortable walking distance for students.
• XINGHUA PRIMARY SCHOOL (825m, 9-10 mins) — A nearby primary education choice that simplifies the morning school run for local families.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (1034m, 12-13 mins) — Accessible medical services nearby to support the health and wellness of the community.
• HEALTHCARE MEDICAL KOVAN (1121m, 13-14 mins) — A practical option for general consultations and medical needs located near the Kovan hub.

Shopping & Retail:

• HEARTLAND MALL KOVAN (1367m, 16-17 mins) — A popular local mall offering a variety of retail shops, services, and daily necessities.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (1508m, 18-19 mins) — Great for grocery shopping with a wider selection of premium products and fresh produce.

Dining & Food:

• CHINDAMANI INDIAN RESTAURANT (92m, 1-2 mins) — Just a short stroll away for residents looking for a quick and tasty local meal.
• MOONA THAI KITCHEN (100m, 1-2 mins) — Excellent nearby dining option for those who enjoy authentic Thai flavours without traveling far.
• U STARS SUPERMARKET (473m, 5-6 mins) — A convenient spot that combines grocery shopping with quick food options for busy evenings.

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: October 2, 2026