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 PropertyGuru search behaviour suggests the development keeps a steady visible presence locally within the Hougang / Punggol / Sengkang market. The project retains a presence in recent search activity for the local market, drawing on 30 days of PropertyGuru search activity to reflect its current standing among active buyers.

Most-searched Units: 2-Bedroom

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 486K
  • Avg PSF: S$ 551 psf (65.3% lower compared to Hougang / Punggol / Sengkang average of S$ 1,588 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for those exploring this development. With only a single unit currently listed, the limited inventory suggests a highly concentrated supply that may appeal to budget-conscious buyers. The property is positioned at a significant discount relative to the broader district average, offering a distinct entry point into the area. This pricing advantage, combined with specific unit features, supports steady interest from seekers prioritizing value in a well-established residential zone.

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 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: August 2, 2026