124 Hougang Avenue 1 - 5 Units for Rent

There are 5 properties for rent at 124 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.

124 Hougang Avenue 1 – PropertyGuru Market Pulse Insights

The project retains a presence in current local search journeys among active property seekers, drawing on 30 days of PropertyGuru search activity within the Hougang / Punggol / Sengkang market.

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

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 1K
  • Avg PSF: S$ 10 psf (26.15% higher compared to Hougang / Punggol / Sengkang average of S$ 8 psf)
  • Available Units: 3
• 1-Bedroom Units:
  • Avg Asking Price: S$ 1K
  • Avg PSF: S$ 7 psf (17.61% higher compared to Hougang / Punggol / Sengkang average of S$ 6 psf)
  • Available Units: 1

Key Takeaway: Recent market trends indicate that Room Rental configurations represent the primary focus for seekers, supported by a slightly higher volume of available listings compared to larger formats. Both the room rentals and the single 1-bedroom unit are positioned at a notable premium relative to the broader district average, reflecting a high-value pricing strategy for this specific location. The limited inventory across all unit types suggests a tight supply environment that may continue to support these elevated asking prices. This concentrated availability likely appeals to a specific segment of the rental market looking for well-maintained spaces with specific amenities.

Location & Lifestyle Highlights — 124 Hougang Avenue 1 1460m (18 mins) to KOVAN MRT STATION — This station on the North-East Line provides a direct and efficient link to the city center and major transfer hubs. This address at 124 Hougang Avenue 1 offers a practical and efficient living environment right in the heart of a mature residential estate. It is a great spot for those who value a straightforward, modern lifestyle with everything from schools to local eats just a short distance away. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (1460m, 18 mins) — Direct access to the North-East Line makes traveling to Dhoby Ghaut and HarbourFront very convenient for work or leisure.

Bus Stops (29 within 1 km):

• OPP BLK 115 (244m, 2-3 mins) — Very close by, offering residents a quick way to hop on various bus services for local travel.
• BLK 115 (302m, 3-4 mins) — Another nearby option that makes the daily commute to different parts of the estate much easier.

Education & Early Learning:

• PCS HOUGANG CENTRE (81m, 1 min) — Just a minute away, making it incredibly easy for parents with young children to manage morning drop-offs.
• PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR BLK 125 (KN) (291m, 3-4 mins) — A reputable early childhood option located within a very short walking distance from home.
• PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY) (564m, 6-7 mins) — A well-known local school nearby that is a great advantage for families with school-going daughters.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (1053m, 12-13 mins) — Provides traditional and general medical services for the community's health needs.
• HEALTHCARE MEDICAL KOVAN (1131m, 13-14 mins) — A reliable clinic in the Kovan area for regular check-ups and primary healthcare.

Shopping & Retail:

• FAIRPRICE (1246m, 14-15 mins) — A dependable spot for the weekly grocery run and picking up household essentials.
• HEARTLAND MALL KOVAN (1382m, 16-17 mins) — A popular neighborhood mall with a good mix of retail shops and services for all your daily needs.

Dining & Food:

• CHINDAMANI INDIAN RESTAURANT (111m, 1-2 mins) — Located just around the corner, perfect for a quick and tasty local meal any time.
• MOONA THAIKITCHEN (115m, 1-2 mins) — Great for residents who enjoy Thai flavors without having to travel far from their doorstep.
• MOLLYS NONYA CONFECTIONARY (523m, 6-7 mins) — A lovely local spot to pick up traditional treats and snacks just a short walk away.

Highly attractive for: Young Families, Practical Professionals, Long-term Investors

Market & Rental Insights

124 Hougang Avenue 1 demonstrates a stable rental market with positive growth in median rents for specific unit types.

• Median Rental Appreciation: 2-bedroom units saw rents rise from S$3,050 → S$3,300 (8.2%) over the last one year.
• Transactions: 3 rental transactions in the last 6 months showing modest rental activity.
• PG Pulse Insight: Rental growth for 2-bedroom units remains positive at 8.2% with modest rental activity of 3 transactions over the last 6 months.

Published date: June 16, 2026