123 Hougang Avenue 1 - 3 Units for Sale

There are 3 properties for sale 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 sale. 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 buy your Property in Singapore. Start your Property Search above, or refine your search using these most popular searches on Property for sale.

123 Hougang Avenue 1 – PropertyGuru Market Pulse Insights

Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity in Hougang / Punggol / Sengkang. This project continues to draw buyer interest in the local market, maintaining a steady presence among those exploring residential options in this part of the region.

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$ 480K
  • Avg PSF: S$ 544 psf (66.04% lower compared to Hougang / Punggol / Sengkang average of S$ 1,602 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 569K
  • Avg PSF: S$ 581 psf (46.13% lower compared to Hougang / Punggol / Sengkang average of S$ 1,079 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the larger configurations as a primary interest point for those seeking space in this location. With only single units available in both the 2-bedroom and 3-bedroom categories, the limited inventory highlights a highly selective market opportunity. The development is currently positioned at a significant discount relative to the broader district average, offering a competitive entry point for buyers. Such pricing discipline combined with a low-supply environment suggests the project remains a value-driven choice for active seekers.

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 significant capital appreciation and strong income potential for property owners.

• PSF Appreciation:S$489 → S$563.5 over recent years (+15.24%) from 2023 - 2025.
• Expected Rental Yield: At 5.26%, this represents a strong return for investors.
• PG Pulse Insight: With a PSF growth of +15.24% and a strong rental yield of 5.26%, 123 Hougang Avenue 1 presents a compelling profile for capital growth and rental income.

Published date: October 2, 2026