Blk 261 Serangoon Central Drive — HDB resale prices
HDB resale prices, Serangoon · 3-Room · built 1988
median resale price, last 24 months
3 sales in that window · as of Sep 2026
How it compares
Blk 261 Serangoon Central Drive is an HDB block in Serangoon (completed in 1988, 4 storeys, 52 units). As of Sep 2026, its median resale price over the last 24 months is $503,000, about 25% below the Serangoon median, from 3 sales. 65 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×51
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,250/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~5.4% (Serangoon average: ~6.3%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 28% of Serangoon blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $453,070–$506,519 (central estimate $479,794). Recent sales — median $469,199 — 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 |
|---|---|---|---|
| 1993 | $84,000 | $145,361 | 2 |
| 1994 | $88,000 | $147,713 | 1 |
| 1995 | $127,000 | $209,561 | 3 |
| 1996 | $199,000 | $323,897 | 2 |
| 1998 | $156,500 | $250,354 | 3 |
| 1999 | $140,000 | $223,905 | 5 |
| 2000 | $154,250 | $243,413 | 2 |
| 2001 | $141,000 | $220,271 | 3 |
| 2002 | $140,750 | $220,745 | 2 |
| 2003 | $152,000 | $237,232 | 3 |
| 2004 | $195,000 | $299,338 | 1 |
| 2005 | $155,000 | $236,815 | 3 |
| 2006 | $136,000 | $205,798 | 1 |
| 2007 | $170,000 | $251,931 | 3 |
| 2008 | $231,000 | $321,028 | 4 |
| 2009 | $245,000 | $338,494 | 3 |
| 2010 | $350,000 | $470,260 | 1 |
| 2011 | $316,000 | $403,392 | 1 |
| 2012 | $362,500 | $442,482 | 2 |
| 2013 | $371,500 | $442,996 | 2 |
| 2014 | $390,000 | $460,297 | 1 |
| 2015 | $372,000 | $441,360 | 3 |
| 2016 | $300,000 | $357,829 | 1 |
| 2017 | $338,000 | $400,842 | 3 |
| 2020 | $355,000 | $417,518 | 1 |
| 2021 | $370,000 | $425,310 | 3 |
| 2023 | $400,000 | $413,257 | 1 |
| 2024 | $460,000 | $464,154 | 2 |
| 2025 | $503,000 | $503,000 | 3 |
Records
| Record sale | $570,000 (3-Room, 2025-05) |
|---|---|
| First recorded sale | $83,000 (1993-07) |
| Busiest year | 1999 · 5 sales |
| 10-year change (real) | +14% (+1.3%/yr, 2015→2025) |
| Total transacted | $16.0M across 65 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-12 | 3-Room | 04–06 | 64 m² | $470,000 |
| 2025-09 | 3-Room | 01–03 | 65 m² | $503,000 |
| 2025-05 | 3-Room | 01–03 | 64 m² | $570,000 |
| 2024-08 | 3-Room | 01–03 | 64 m² | $455,000 |
| 2024-05 | 3-Room | 04–06 | 65 m² | $465,000 |
| 2023-01 | 3-Room | 01–03 | 64 m² | $400,000 |
| 2021-12 | 3-Room | 01–03 | 64 m² | $355,000 |
| 2021-06 | 3-Room | 04–06 | 64 m² | $395,000 |
| 2021-04 | 3-Room | 04–06 | 64 m² | $370,000 |
| 2020-02 | 3-Room | 01–03 | 64 m² | $355,000 |
| 2017-10 | 3-Room | 04–06 | 64 m² | $338,000 |
| 2017-07 | 3-Room | 01–03 | 64 m² | $330,000 |
| 2017-03 | 3-Room | 04–06 | 64 m² | $338,000 |
| 2016-12 | 3-Room | 01–03 | 64 m² | $300,000 |
| 2015-09 | 3-Room | 01–03 | 65 m² | $375,000 |
| 2015-09 | 3-Room | 01–03 | 64 m² | $364,000 |
| 2015-06 | 3-Room | 04–06 | 64 m² | $372,000 |
| 2014-05 | 3-Room | 04–06 | 64 m² | $390,000 |
| 2013-12 | 3-Room | 01–03 | 64 m² | $369,000 |
| 2013-01 | 3-Room | 04–06 | 64 m² | $374,000 |
Serangoon Central Drive blocks ranked by price
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Quick answers
How much does a flat at Blk 261 Serangoon Central Drive cost?
The median resale price over the last 24 months is $503,000 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 261 Serangoon Central Drive fairly priced?
For a typical 3-room flat here, our price model estimates $453,070–$506,519 (central estimate $479,794). Recent sales — median $469,199 — sit within that range.
What is the rent at Blk 261 Serangoon Central Drive?
The median monthly rent is $2,250/mo over the last 12 months (2 contracts).
How old is Blk 261 Serangoon Central Drive?
The block was completed in 1988 and its 99-year lease runs from 1988.