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Blk 423 Serangoon Central — HDB resale prices

HDB resale prices, Serangoon · built 1988

$1,100,000

last recorded sale · Nov 2023
no resale here in the 24 months to Sep 2026

Blk 423 Serangoon Central is an HDB block in Serangoon (completed in 1988, 13 storeys, 60 units). 67 resale transactions have been recorded here since 1990.

Price by year

1994 · $348,0001994: $348,0001995 · $447,5001995: $447,5001996 · $555,0001996: $555,0001997 · $555,0001997: $555,0001998 · $490,0001998: $490,0001999 · $463,0001999: $463,0002000 · $540,0002000: $540,0002001 · $483,0002001: $483,0002002 · $457,0002002: $457,0002003 · $431,7502003: $431,7502004 · $374,5002004: $374,5002005 · $362,0002005: $362,0002006 · $376,0002006: $376,0002007 · $400,0002007: $400,0002008 · $536,5002008: $536,5002009 · $530,0002009: $530,0002011 · $700,0002011: $700,0002012 · $800,0002012: $800,0002014 · $830,0002014: $830,0002015 · $815,0002015: $815,0002016 · $888,0002016: $888,0002017 · $938,8882017: $938,8882018 · $905,0002018: $905,0002019 · $910,0002019: $910,0002020 · $960,0002020: $960,0002021 · $920,0002021: $920,0002022 · $965,0002022: $965,0002023 · $1,044,0002023: $1,044,00019942023

At a glance

1988built
1989lease from
13storeys
60dwelling units
67resales since 1990

Unit mix (sold): exec ×60

What the price model says

For a typical executive flat here, our price model estimates $1,048,385–$1,172,064 (central estimate $1,110,225). Recent sales — median $1,045,172 — sit below 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

YearMedian (nominal)Median (today's $)Sales
1994$348,000$584,1377
1995$447,500$738,4154
1996$555,000$903,3323
1997$555,000$885,4226
1998$490,000$783,8561
1999$463,000$740,4875
2000$540,000$852,1411
2001$483,000$754,5461
2002$457,000$716,7361
2003$431,750$673,8472
2004$374,500$574,8822
2005$362,000$553,0771
2006$376,000$568,9712
2007$400,000$592,7803
2008$536,500$745,5922
2009$530,000$732,2522
2011$700,000$893,5911
2012$800,000$976,5122
2014$830,000$979,6063
2015$815,000$966,9582
2016$888,000$1,059,1743
2017$938,888$1,113,4481
2018$905,000$1,068,5751
2019$910,000$1,068,4151
2020$960,000$1,129,0641
2021$920,000$1,057,5272
2022$965,000$1,045,1723
2023$1,044,000$1,078,6024

Records

Record sale$1,110,000 (Executive, 2023-09)
First recorded sale$308,000 (1994-01)
Busiest year1994 · 7 sales
Total transacted$41.3M across 67 sales

Recent resale transactions

MonthFlat typeStoreyAreaPrice
2023-11Executive04–06146 m²$1,100,000
2023-11Executive04–06146 m²$988,000
2023-10Executive04–06146 m²$930,000
2023-09Executive07–09146 m²$1,110,000
2022-07Executive01–03146 m²$970,000
2022-04Executive01–03146 m²$925,000
2022-03Executive10–12146 m²$965,000
2021-09Executive04–06146 m²$950,000
2021-04Executive01–03149 m²$890,000
2020-08Executive07–09146 m²$960,000
2019-12Executive10–12146 m²$910,000
2018-11Executive10–12146 m²$905,000
2017-02Executive10–12154 m²$938,888
2016-11Executive10–12146 m²$888,000
2016-09Executive07–09146 m²$870,000
2016-05Executive07–09149 m²$908,000
2015-09Executive01–03146 m²$770,000
2015-08Executive10–12146 m²$860,000
2014-08Executive04–06154 m²$842,300
2014-04Executive04–06146 m²$810,000

Serangoon Central blocks ranked by price

Showing the top 15 of 24 priced blocks.

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Quick answers

Is Blk 423 Serangoon Central fairly priced?

For a typical executive flat here, our price model estimates $1,048,385–$1,172,064 (central estimate $1,110,225). Recent sales — median $1,045,172 — sit below that range.

How old is Blk 423 Serangoon Central?

The block was completed in 1988 and its 99-year lease runs from 1989.

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