How Much Is a Flat at Block 122 Hougang Ave 1 Worth?

3 Room, 4 Room, 5 Room · Built 1983 · 56 years 10 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$468,888

2025-12 · 3 Room

Median $/sqm

$5,150

Based on 13 txns

Total Txns

13

Since data available

5-Yr Trend

▼26.9%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

1.0 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 56 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 56 years of lease left. Buyers already face CPF usage limits and lower loan quantum when purchasing. This means fewer buyers qualify, and those who do will negotiate harder. Selling sooner gives you a larger buyer pool and a stronger sale price.

A specialist agent can target the right buyers and negotiate the best possible outcome for you.

Transaction History 13 total

Date Floor Type sqm Price $/sqm
2025-12 01 TO 03 3 Room 67 $468,888 $6,998
2025-05 01 TO 03 3 Room 80 $480,000 $6,000
2023-08 01 TO 03 5 Room 137 $810,000 $5,912
2023-01 04 TO 06 3 Room 67 $380,000 $5,672
2022-08 01 TO 03 3 Room 80 $350,000 $4,375
2021-09 01 TO 03 5 Room 133 $690,000 $5,188
2020-09 01 TO 03 3 Room 67 $255,000 $3,806
2020-08 01 TO 03 5 Room 133 $685,000 $5,150
2019-06 01 TO 03 5 Room 133 $710,000 $5,338
2019-06 01 TO 03 3 Room 67 $260,000 $3,881
2019-05 01 TO 03 4 Room 95 $338,000 $3,558
2018-07 01 TO 03 5 Room 141 $670,000 $4,752
2017-08 01 TO 03 5 Room 144 $648,888 $4,506
Page 1 of 1

About Block 122 Hougang Ave 1

Flats at Block 122 Hougang Ave 1 have been selling at a median of $6,998/sqm, mainly 3-room flats at $468,888 median, with 1 transaction recorded.

The block is a 21-minute walk from Kovan MRT Station (1707m) and is near Heartland Mall Kovan mall (1452m, 18 min walk). It is also near Paya Lebar Methodist Girls' School (Primary) (991m, 12 min walk) and Xinghua Primary School (896m, 11 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 122 Hougang Ave 1?

Facilities and transport within a 15-minute walk. Walking times are route-based.

Nearby Schools

PAYA LEBAR METHODIST GIRLS' SCHOOL (PRIMARY) 991m · 12 min
XINGHUA PRIMARY SCHOOL 896m · 11 min

Hawker Centres

Hougang Ave 1 Blk 105 (Hougang 105 Hainanese Village Centre) 639m · 8 min

Parks

AROOZOO AVE PG 984m · 12 min
SURIN AVE NEIGHBOURHOOD PK 1174m · 15 min

Community Facilities

Aljunied CC 610m · 8 min

Other Blocks on Hougang Ave 1

Frequently Asked Questions

How much is a flat at Block 122 Hougang Ave 1?

Based on 13 recorded transactions, the median resale price ranges from $338,000 (4 Room) to $687,500 (5 Room). The most recent sale was $468,888 in 2025-12.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $474,444
4 Room $338,000 (all-time)
5 Room $687,500 (all-time)

What is my flat worth at Block 122?

The overall median resale price at Block 122 Hougang Ave 1 is $474,444. Prices have fallen 26.9% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 122?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 122 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 122?

Block 122 has recorded 13 resale transactions — roughly 0.5 sales per month over the past 24 months. The latest transaction closed in 2025-12.

What flat types are available at Block 122?

Block 122 Hougang Ave 1 has 3 Room, 4 Room, 5 Room units. Median prices range from $338,000 to $687,500.

How much can I unlock to upgrade if I sell my HDB at Block 122?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 122?

Block 122 was built in 1983 with a 99-year lease. It has approximately 56 years 10 months remaining.

Does Block 122's remaining lease affect its resale value?

At 56 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 122 Hougang Ave 1?

Flats at Block 122 Hougang Ave 1 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $474,444 excl. levy $10,069 to $11,569