Blk 23 Ghim Moh Link — HDB resale prices
HDB resale prices, Queenstown · 4-Room, 5-Room · built 2011
median resale price, last 24 months
12 sales in that window · as of Sep 2026
How it compares
Blk 23 Ghim Moh Link is an HDB block in Queenstown (completed in 2011, 40 storeys, 291 units). As of Sep 2026, its median resale price over the last 24 months is $971,500, about 14% above the Queenstown median, from 12 sales. 70 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×215 · 5-room ×76
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $4,250/mo (6 rental contracts, last 12 months).
Estimated gross rental yield: ~5.2% (Queenstown average: ~4.7%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 20% of Queenstown blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $857,917–$959,127 (central estimate $908,522). Recent sales — median $925,309 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| 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 | $991,500 | $991,500 | 4 |
Records
| Record sale | $1,448,888 (5-Room, 2026-07) |
|---|---|
| First recorded sale | $718,000 (2015-10) |
| Busiest year | 2016 · 9 sales |
| 10-year change (real) | +11% (+1.1%/yr, 2016→2026) |
| Total transacted | $61.0M across 70 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 4-Room | 07–09 | 93 m² | $900,000 |
| 2026-07 | 5-Room | 25–27 | 113 m² | $1,448,888 |
| 2026-07 | 4-Room | 04–06 | 92 m² | $915,000 |
| 2026-02 | 4-Room | 22–24 | 93 m² | $1,068,000 |
| 2025-12 | 4-Room | 25–27 | 92 m² | $1,000,000 |
| 2025-12 | 4-Room | 22–24 | 92 m² | $930,000 |
| 2025-11 | 5-Room | 22–24 | 113 m² | $1,380,000 |
| 2025-11 | 4-Room | 16–18 | 92 m² | $1,020,000 |
| 2025-10 | 4-Room | 22–24 | 92 m² | $998,000 |
| 2025-08 | 4-Room | 07–09 | 92 m² | $945,000 |
| 2025-01 | 4-Room | 13–15 | 87 m² | $945,000 |
| 2024-11 | 4-Room | 01–03 | 92 m² | $868,888 |
| 2024-10 | 5-Room | 10–12 | 113 m² | $1,250,000 |
| 2024-10 | 4-Room | 04–06 | 93 m² | $780,000 |
| 2024-08 | 4-Room | 34–36 | 87 m² | $980,000 |
| 2024-01 | 4-Room | 10–12 | 87 m² | $888,000 |
| 2023-12 | 4-Room | 16–18 | 87 m² | $872,000 |
| 2023-10 | 4-Room | 16–18 | 93 m² | $870,000 |
| 2023-09 | 4-Room | 13–15 | 93 m² | $880,000 |
| 2023-03 | 4-Room | 07–09 | 93 m² | $862,000 |
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Quick answers
How much does a flat at Blk 23 Ghim Moh Link cost?
The median resale price over the last 24 months is $971,500 (12 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 23 Ghim Moh Link fairly priced?
For a typical 4-room flat here, our price model estimates $857,917–$959,127 (central estimate $908,522). Recent sales — median $925,309 — sit within that range.
What is the rent at Blk 23 Ghim Moh Link?
The median monthly rent is $4,250/mo over the last 12 months (6 contracts).
How old is Blk 23 Ghim Moh Link?
The block was completed in 2011 and its 99-year lease runs from 2013.