[1] Plans to build a bus interchange in Hougang North were first announced in Parliament in January 1992.

[2] Intended to connect Hougang with adjacent new towns and the Central Area,[2] the bus interchange was built in response to requests made by the Member of Parliament for the area to improve bus services.

[3] Having cost S$5.7 million to build, Hougang Central Bus Interchange was subsequently opened by Minister of State (Trade and Industry and Communications) Goh Chee Wee on 17 December 1994.

[8] By 2030, Hougang Central Bus Interchange would be majorly renovated to accommodate the Cross Island line section, and would become an Integrated Transport Hub in 2030.

[citation needed] On October 30, 2024, it was announced that a new mixed-use development with a bus interchange would be built on a site above exit B of Hougang MRT station.