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 3-room HDB property in Hougang, with a remaining lease of 75 years, stands at an estimated value of <strong>$477,873</strong> or <strong>$653 PSF</strong>. This valuation reflects a slight market signal, with only a <em>0.4% difference from the baseline</em>, indicating a stable and resilient property market in the area. Such stability suggests that demand for HDB units in this locality continues to hold strong, supported by the recent transactions that underscore the performance of the Hougang estate.</p> <p>Our analysis is backed by a comprehensive review of <strong>483 recent HDB resale transactions</strong> in the vicinity, allowing for a high degree of model confidence in this valuation. The longevity of the remaining lease is a crucial factor, as properties with a substantial lease term typically attract a wider pool of potential buyers, thereby enhancing liquidity. Furthermore, the Hougang region is known for its vibrant community amenities and strategic connectivity, which further bolster the attractiveness of this HDB unit. As such, this valuation not only reflects current market conditions but also positions the property favorably for future appreciation.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.