Blk 23 Ghim Moh Link is an HDB block in Queenstown (completed in 2011, 40 storeys, 291 units). As of Jul 2026, its median resale price over the last 24 months is $989,000, about 4% above the Queenstown median, from 12 sales. 67 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Queenstown |
|---|---|
| Completed | 2011 |
| Lease from | 2013 |
| Storeys | 40 |
| Dwelling units | 291 |
| Unit mix (sold) | 4-room ×215 · 5-room ×76 |
| Recorded resales | 67 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $962,500 | $10,855/m² | 10 |
| 5-Room | $1,315,000 | $11,637/m² | 2 |
Median monthly rent at this block: $4,300/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~5.2% (Queenstown average: ~4.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 19% of Queenstown blocks with recent sales.
For a typical 4-room flat here, our price model estimates $850,058–$950,913 (central estimate $900,486). Recent sales — median $936,140 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2015 | $784,000 | $930,178 | 2 |
| 2016 | $748,000 | $892,187 | 9 |
| 2017 | $735,000 | $871,653 | 8 |
| 2018 | $865,000 | $1,021,345 | 6 |
| 2019 | $822,500 | $965,683 | 8 |
| 2020 | $782,500 | $920,304 | 4 |
| 2021 | $933,000 | $1,072,470 | 4 |
| 2022 | $879,900 | $953,002 | 8 |
| 2023 | $870,000 | $898,835 | 5 |
| 2024 | $888,000 | $896,019 | 5 |
| 2025 | $998,000 | $998,000 | 7 |
| 2026 | $1,068,000 | $1,068,000 | 1 |
| Record sale | $1,380,000 (5-Room, 2025-11) |
|---|---|
| First recorded sale | $718,000 (2015-10) |
| Busiest year | 2016 · 9 sales |
| 10-year change (real) | +20% (+1.8%/yr, 2016→2026) |
| Total transacted | $57.8M across 67 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-02 | 4-Room | 22 TO 24 | 93 | $1,068,000 |
| 2025-12 | 4-Room | 22 TO 24 | 92 | $930,000 |
| 2025-12 | 4-Room | 25 TO 27 | 92 | $1,000,000 |
| 2025-11 | 4-Room | 16 TO 18 | 92 | $1,020,000 |
| 2025-11 | 5-Room | 22 TO 24 | 113 | $1,380,000 |
| 2025-10 | 4-Room | 22 TO 24 | 92 | $998,000 |
| 2025-08 | 4-Room | 07 TO 09 | 92 | $945,000 |
| 2025-01 | 4-Room | 13 TO 15 | 87 | $945,000 |
| 2024-11 | 4-Room | 01 TO 03 | 92 | $868,888 |
| 2024-10 | 4-Room | 04 TO 06 | 93 | $780,000 |
| 2024-10 | 5-Room | 10 TO 12 | 113 | $1,250,000 |
| 2024-08 | 4-Room | 34 TO 36 | 87 | $980,000 |
| 2024-01 | 4-Room | 10 TO 12 | 87 | $888,000 |
| 2023-12 | 4-Room | 16 TO 18 | 87 | $872,000 |
| 2023-10 | 4-Room | 16 TO 18 | 93 | $870,000 |
| 2023-09 | 4-Room | 13 TO 15 | 93 | $880,000 |
| 2023-03 | 4-Room | 07 TO 09 | 93 | $862,000 |
| 2023-02 | 4-Room | 07 TO 09 | 92 | $825,000 |
| 2022-12 | 4-Room | 28 TO 30 | 93 | $900,000 |
| 2022-11 | 4-Room | 04 TO 06 | 87 | $817,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 33 | $1,180,000 | $12,688/m² |
| 2. Blk 31 | $1,060,000 | $11,398/m² |
| 3. Blk 22 | $1,040,000 | $11,954/m² |
| 4. Blk 28 | $1,030,000 | $11,087/m² |
| 5. Blk 29 | $1,025,888 | $11,031/m² |
| 6. Blk 30 | $1,020,000 | $11,075/m² |
| 7. Blk 23 | $989,000 | $10,866/m² |
| 8. Blk 32 | $808,000 | $11,237/m² |
| 9. Blk 27 | $758,944 | $10,721/m² |
| 10. Blk 26 | $570,000 | $10,904/m² |
The median resale price over the last 24 months is $989,000 (12 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $850,058–$950,913 (central estimate $900,486). Recent sales — median $936,140 — sit within that range.
The median monthly rent is $4,300/mo over the last 12 months (5 contracts).
The block was completed in 2011 and its 99-year lease runs from 2013.