122 Hougang Avenue 1 - 2 Units for Sale

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122 Hougang Avenue 1 – PropertyGuru Market Pulse Insights

The development remains in view within recent local search activity among active market participants, according to PropertyGuru's 30-day search trends in Hougang / Punggol / Sengkang. While broader market movements fluctuate, this property continues to be a point of reference for buyers exploring established residential options in the district.

Most-searched Units: 2-Bedroom

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 489K
  • Avg PSF: S$ 568 psf (64.56% lower compared to Hougang / Punggol / Sengkang average of S$ 1,602 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 1.00M
  • Avg PSF: S$ 678 psf (37.15% lower compared to Hougang / Punggol / Sengkang average of S$ 1,079 psf)
  • Available Units: 1

Key Takeaway: Recent market data highlights a clear, pronounced buyer preference for the 2-Bedroom configurations, which currently lead the interest profile for this development. With only a single listing available for each unit type, the limited inventory creates a highly segmented opportunity for buyers seeking entry-level pricing. The property is positioned at a significant discount relative to the Hougang / Punggol / Sengkang district averages, offering a competitive value proposition. This pricing advantage, combined with specific feature preferences, supports steady attention from value-conscious seekers in the current market.

Location & Lifestyle Highlights — 122 Hougang Avenue 1 910m (11 mins) to KOVAN MRT STATION — Kovan Station on the North East Line provides a direct link to the city center and major interchanges for an efficient daily commute. Located in a mature residential area, 122 Hougang Avenue 1 offers a practical living experience where daily essentials and local food gems are just a short walk away. The neighborhood combines the charm of established community living with the modern convenience of being near a major transport hub and diverse retail options. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (910m, 11 mins) — Access to the North East Line makes traveling to Dhoby Ghaut and HarbourFront straightforward and fast.

Bus Stops (39 within 1 km):

• BLK 115 (330m, 3-4 mins) — Nearby bus services offer easy connections to the surrounding Hougang and Serangoon neighborhoods.
• OPPOSITE BLK 115 (340m, 4-5 mins) — Convenient roadside access to various bus routes for a hassle-free commute around the island.

Education & Early Learning:

• PCS HOUGANG CENTRE (230m, 2-3 mins) — Early childhood education is right at the doorstep, making morning drop-offs very easy for parents.
• PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY) (455m, 5-6 mins) — A reputable secondary school within walking distance provides quality education for growing families.
• DPS INTERNATIONAL SCHOOL SINGAPORE (528m, 6-7 mins) — An established international curriculum option located conveniently close to home.

Healthcare & Wellness:

• LIM COUNTRY CLINIC (663m, 7-8 mins) — Reliable medical services nearby ensure peace of mind for family health needs.
• HEALTHCARE MEDICAL KOVAN (663m, 7-8 mins) — Professional healthcare facility within easy reach for routine check-ups and wellness.
• GYNAE HEALTH CLINIC FOR WOMEN (783m, 9-10 mins) — Specialized medical services available in the immediate vicinity for residents.

Shopping & Retail:

• FAIRPRICE (710m, 8-9 mins) — Quick walk for groceries and household essentials to keep the pantry well-stocked.
• HEARTLAND MALL KOVAN (801m, 9-10 mins) — A popular community mall offering a mix of retail shops, services, and everyday conveniences.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (782m, 9-10 mins) — Premium grocery shopping options available for a wider range of international and local products.

Dining & Food:

• CHINDAMANI INDIAN RESTAURANT (139m, 1-2 mins) — Authentic local flavors are just around the corner for a quick and tasty meal.
• MOONA THAI KITCHEN (143m, 1-2 mins) — Popular Thai dining option located almost at your doorstep for convenient dinners.
• MOLLYS NONYA CONFECTIONARY (553m, 6-7 mins) — Traditional local treats and snacks available for a unique neighborhood food experience.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

122 Hougang Avenue 1 demonstrates significant capital appreciation and high rental yield potential within the Hougang area.

• PSF Appreciation:S$538 → S$603.5 over recent years (+12.17%) from 2023 - 2025.
• Expected Rental Yield: At 8.45%, this reflects a strong return for investors.
• Transactions:1 sale transaction in the last 12 months, showing modest sale activity.
• PG Pulse Insight: With a strong rental yield of 8.45% and a PSF increase of 12.17%, 122 Hougang Avenue 1 presents a high-yielding investment opportunity despite limited transaction volume.

Published date: October 2, 2026