Blk 118 Hougang Ave 1
Completed 1981 · 4 storeys · 15 flats · 56 years 09 months remaining · 5 resale transactions on record · median household income in Hougang: $8,500/mo
4 storeys · completed 1981 · shops below
What the record shows
This block crossed 60 years remaining in 2021 - the line where CPF usage rules tighten for buyers. In Hougang over the last two years, flats below that line sold at a median 10% below their younger neighbours' PSF (818 sales).
Across Hougang, roughly 285 flats in newly-completed blocks reach the end of MOP between 2026 and 2028 - new sellers entering this market.
Price trend
median PSF by year · ━ this block · ╌ Hougang · gaps = years with no sales here
Every recent sale HDB official record, latest 5
| Month | Type | Storey | Area (sqm) | Price | PSF | Lease left |
|---|---|---|---|---|---|---|
| Dec 2024 | 3 ROOM | 01 to 03 | 67 | $420,000 | $582 | 56y 09m |
| Apr 2024 | 3 ROOM | 01 to 03 | 81 | $400,000 | $459 | 57y 05m |
| Dec 2023 | 3 ROOM | 04 to 06 | 81 | $390,000 | $447 | 57y 09m |
| Nov 2021 | 3 ROOM | 04 to 06 | 67 | $310,000 | $430 | 59y 10m |
| Sept 2018 | 3 ROOM | 01 to 03 | 81 | $292,000 | $335 | 63y |
Who lives in Hougang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood
What sits around this address - distances computed from official OneMap and LTA records.
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Around this block
The nearest blocks by actual distance - street names are postal artifacts, so true neighbours often sit on a different road. Price gaps are median-vs-median on the flat type both blocks actually trade.
Condos nearby
The private premium, measured: the nearest condo trades at 2.2×this block’s PSF.
Grounded in this block’s own resale record, trend and lease - ask away.