Blk 23B Queen's Close — HDB resale prices
HDB resale prices, Queenstown · 4-Room · built 1972
median resale price, last 24 months
2 sales in that window · as of Sep 2026
How it compares
Blk 23B Queen's Close is an HDB block in Queenstown (completed in 1972, 9 storeys, 96 units). As of Sep 2026, its median resale price over the last 24 months is $442,500, about 48% below the Queenstown median, from 2 sales. 118 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×96
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,500/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~9.5% (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 99% of Queenstown blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $474,802–$530,815 (central estimate $502,808). Recent sales — median $488,160 — 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 |
|---|---|---|---|
| 1990 | $84,000 | $157,257 | 1 |
| 1991 | $65,000 | $117,641 | 1 |
| 1992 | $80,000 | $141,611 | 4 |
| 1993 | $150,000 | $259,573 | 1 |
| 1994 | $163,000 | $273,605 | 9 |
| 1995 | $215,000 | $354,769 | 5 |
| 1996 | $259,000 | $421,555 | 2 |
| 1997 | $305,000 | $486,583 | 6 |
| 1998 | $247,500 | $395,927 | 12 |
| 1999 | $231,500 | $370,244 | 10 |
| 2000 | $237,500 | $374,784 | 2 |
| 2001 | $218,500 | $341,342 | 4 |
| 2002 | $235,000 | $368,562 | 6 |
| 2003 | $230,000 | $358,969 | 3 |
| 2004 | $250,500 | $384,534 | 2 |
| 2005 | $223,000 | $340,708 | 5 |
| 2006 | $230,000 | $348,041 | 3 |
| 2007 | $260,000 | $385,307 | 3 |
| 2008 | $312,000 | $433,597 | 3 |
| 2009 | $329,000 | $454,549 | 2 |
| 2010 | $380,000 | $510,568 | 5 |
| 2011 | $411,600 | $525,431 | 3 |
| 2013 | $545,000 | $649,887 | 2 |
| 2014 | $522,000 | $616,090 | 3 |
| 2015 | $460,000 | $545,768 | 3 |
| 2016 | $465,000 | $554,635 | 2 |
| 2019 | $400,000 | $469,633 | 1 |
| 2020 | $411,250 | $483,674 | 4 |
| 2021 | $435,000 | $500,026 | 3 |
| 2022 | $465,000 | $503,632 | 3 |
| 2023 | $472,500 | $488,160 | 1 |
| 2024 | $482,500 | $486,857 | 2 |
| 2025 | $442,500 | $442,500 | 2 |
Records
| Record sale | $550,000 (4-Room, 2022-10) |
|---|---|
| First recorded sale | $84,000 (1990-05) |
| Busiest year | 1998 · 12 sales |
| 10-year change (real) | -19% (-2.1%/yr, 2015→2025) |
| Total transacted | $34.2M across 118 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-04 | 4-Room | 01–03 | 89 m² | $485,000 |
| 2025-01 | 4-Room | 07–09 | 89 m² | $400,000 |
| 2024-07 | 4-Room | 01–03 | 89 m² | $465,000 |
| 2024-01 | 4-Room | 07–09 | 89 m² | $500,000 |
| 2023-10 | 4-Room | 07–09 | 89 m² | $472,500 |
| 2022-10 | 4-Room | 07–09 | 89 m² | $550,000 |
| 2022-04 | 4-Room | 04–06 | 89 m² | $438,000 |
| 2022-01 | 4-Room | 04–06 | 89 m² | $465,000 |
| 2021-11 | 4-Room | 04–06 | 89 m² | $456,000 |
| 2021-10 | 4-Room | 07–09 | 89 m² | $435,000 |
| 2021-05 | 4-Room | 04–06 | 89 m² | $408,000 |
| 2020-08 | 4-Room | 07–09 | 89 m² | $402,500 |
| 2020-01 | 4-Room | 07–09 | 89 m² | $425,000 |
| 2020-01 | 4-Room | 07–09 | 89 m² | $420,000 |
| 2020-01 | 4-Room | 04–06 | 89 m² | $400,000 |
| 2019-12 | 4-Room | 01–03 | 89 m² | $400,000 |
| 2016-09 | 4-Room | 04–06 | 89 m² | $480,000 |
| 2016-08 | 4-Room | 07–09 | 89 m² | $450,000 |
| 2015-10 | 4-Room | 07–09 | 89 m² | $460,000 |
| 2015-04 | 4-Room | 01–03 | 89 m² | $400,000 |
Queen's Close blocks ranked by price
More blocks on Queen's Close
Quick answers
How much does a flat at Blk 23B Queen's Close cost?
The median resale price over the last 24 months is $442,500 (2 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 23B Queen's Close fairly priced?
For a typical 4-room flat here, our price model estimates $474,802–$530,815 (central estimate $502,808). Recent sales — median $488,160 — sit within that range.
What is the rent at Blk 23B Queen's Close?
The median monthly rent is $3,500/mo over the last 12 months (4 contracts).
How old is Blk 23B Queen's Close?
The block was completed in 1972 and its 99-year lease runs from 1973.