122 Hougang Avenue 1 530122, Lorong Ah Soo, North-east Region, Singapore
$480,000








Introducing a prime opportunity at 122 Hougang Avenue 1, located in District 19. This well-maintained HDB apartment offers a practical and affordable entry point for first-time home buyers and young professionals seeking a comfortable living space in a vibrant neighborhood. Priced at only SGD 480,000, this property provides excellent value in a sought-after location. This 2-bedroom, 2-bathroom residence was built in 1983 and features a spacious layout suitable for modern living. With its L99 leasehold tenure, it presents a stable investment opportunity in a well-established estate. Whether you're looking to establish your first home or secure a strategic asset, this property aligns with both personal and financial goals. Ideal for those seeking convenience and connectivity, 122 Hougang Avenue 1 offers a straightforward purchase for buyers looking to enter the Singapore property market. Its competitive pricing combined with a prime location makes it an attractive choice for first-time homeowners and investors alike. Contact us today to arrange a viewing and explore this exceptional listing. Contact Zack for Exclusive viewings
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
2
Average Price
S3.4M
Total Value
S6.8M
Calculating fair value from URA transaction data…


License: L3008022J
Automated Valuation based on 483 HDB resale transactions (data.gov.sg) · 17 outliers removed (IQR)
Fair Value
S$477,873
S$653 psf
Asking Price
S$480,000
S$656 psf
vs Market
+0.4%
vs Last Done
+0.9%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
483 comps
Nearest MRT
Kovan
716m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
483 comparable transactions
S$610
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$653
Recent Comparable Transactions
10 shown · 483 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2025 | Blk 122 HOUGANG AVE 1 Floor 01 TO 03 | 721sqft | S$468,888 | ▼S$650 -0.5% vs FV | 99yr from 1983 |
Dec 2025 | Blk 122 HOUGANG AVE 1 Floor 01 TO 03 | 721sqft | S$468,888 | ▼S$650 -0.5% vs FV | 99yr from 1983 |
May 2025 | Blk 122 HOUGANG AVE 1 Floor 01 TO 03 | 861sqft | S$480,000 | ▼S$557 -14.7% vs FV | 99yr from 1983 |
Mar 2026 | Blk 401 HOUGANG AVE 10 Floor 07 TO 09 | 732sqft | S$446,888 | ▼S$611 -6.4% vs FV | 99yr from 1985 |
Mar 2026 | Blk 703 HOUGANG AVE 2 Floor 10 TO 12 | 883sqft | S$514,000 | ▼S$582 -10.9% vs FV | 99yr from 1986 |
Mar 2026 | Blk 528 HOUGANG AVE 6 Floor 07 TO 09 | 797sqft | S$510,000 | ▼S$640 -2.0% vs FV | 99yr from 1987 |
Mar 2026 | Blk 623 HOUGANG AVE 8 Floor 01 TO 03 | 646sqft | S$375,000 | ▼S$581 -11.0% vs FV | 99yr from 1985 |
Mar 2026 | Blk 623 HOUGANG AVE 8 Floor 04 TO 06 | 743sqft | S$436,888 | ▼S$588 -10.0% vs FV | 99yr from 1985 |
Mar 2026 | Blk 681 HOUGANG AVE 8 Floor 01 TO 03 | 689sqft | S$430,000 | ▼S$624 -4.4% vs FV | 99yr from 1989 |
Mar 2026 | Blk 688 HOUGANG ST 61 Floor 01 TO 03 | 797sqft | S$440,000 | ▼S$552 -15.5% vs FV | 99yr from 1987 |
Feb 2026 | Blk 987B BUANGKOK GREEN Floor 04 TO 06 | 732sqft | S$520,000 | ▲S$710 +8.7% vs FV | 99yr from 2015 |
Blk 122 HOUGANG AVE 1
Dec 2025 · Floor 01 TO 03
-0.5% vs FV
Blk 122 HOUGANG AVE 1
Dec 2025 · Floor 01 TO 03
-0.5% vs FV
Blk 122 HOUGANG AVE 1
May 2025 · Floor 01 TO 03
-14.7% vs FV
Blk 401 HOUGANG AVE 10
Mar 2026 · Floor 07 TO 09
-6.4% vs FV
Blk 703 HOUGANG AVE 2
Mar 2026 · Floor 10 TO 12
-10.9% vs FV
Blk 528 HOUGANG AVE 6
Mar 2026 · Floor 07 TO 09
-2.0% vs FV
Blk 623 HOUGANG AVE 8
Mar 2026 · Floor 01 TO 03
-11.0% vs FV
Blk 623 HOUGANG AVE 8
Mar 2026 · Floor 04 TO 06
-10.0% vs FV
Blk 681 HOUGANG AVE 8
Mar 2026 · Floor 01 TO 03
-4.4% vs FV
Blk 688 HOUGANG ST 61
Mar 2026 · Floor 01 TO 03
-15.5% vs FV
Blk 987B BUANGKOK GREEN
Feb 2026 · Floor 04 TO 06
+8.7% vs FV
HELIOS AI Analysis
<p>The valuation of the HDB 3-room unit located in Hougang, with a remaining lease of 75 years, is estimated at <strong>$477,873</strong> or <strong>$653 per square foot (PSF)</strong>. This assessment is based on comprehensive data analysis, drawing insights from 483 recent HDB resale transactions in the vicinity, which indicates a robust market activity and demand for similar properties. The model confidence for this valuation is rated as <strong>high</strong>, reflecting the reliability of the data and the consistency observed in the local market trends.</p> <p>Notably, the property exhibits a market price that is only <strong>0.4%</strong> off the baseline, signaling a stable market dynamic. This slight variation suggests that the pricing is well-aligned with current buyer expectations and market conditions. The Hougang area continues to showcase a resilience in HDB values, attributed to its strategic location and accessibility to essential amenities. As such, this property not only represents a sound investment but also underscores the ongoing desirability of HDB living in Singapore, particularly in well-established neighborhoods.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.