Block 423 Serangoon Central
Block 423 Serangoon Central has 13 recorded HDB resale transactions since 2017. Latest sale: $988,000 (Nov 2023, executive, floors 04–06). Median $6,507/sqm. Built 1989, 64 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Serangoon average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| Executive | $3,900 typically $3,600–$4,300 | 4.4% | Serangoon avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2023 | 04 TO 06 | EXECUTIVE | 146 sqm | $988,000 | $6,767 |
| Nov 2023 | 04 TO 06 | EXECUTIVE | 146 sqm | $1,100,000 | $7,534 |
| Oct 2023 | 04 TO 06 | EXECUTIVE | 146 sqm | $930,000 | $6,370 |
| Sep 2023 | 07 TO 09 | EXECUTIVE | 146 sqm | $1,110,000 | $7,603 |
| Jul 2022 | 01 TO 03 | EXECUTIVE | 146 sqm | $970,000 | $6,644 |
| Apr 2022 | 01 TO 03 | EXECUTIVE | 146 sqm | $925,000 | $6,336 |
| Mar 2022 | 10 TO 12 | EXECUTIVE | 146 sqm | $965,000 | $6,610 |
| Sep 2021 | 04 TO 06 | EXECUTIVE | 146 sqm | $950,000 | $6,507 |
| Apr 2021 | 01 TO 03 | EXECUTIVE | 149 sqm | $890,000 | $5,973 |
| Aug 2020 | 07 TO 09 | EXECUTIVE | 146 sqm | $960,000 | $6,575 |
| Dec 2019 | 10 TO 12 | EXECUTIVE | 146 sqm | $910,000 | $6,233 |
| Nov 2018 | 10 TO 12 | EXECUTIVE | 146 sqm | $905,000 | $6,199 |
| Feb 2017 | 10 TO 12 | EXECUTIVE | 154 sqm | $938,888 | $6,097 |
About Block 423 Serangoon Central
Block 423 at Serangoon Central is a residential HDB block in Serangoon, Singapore, built in 1989 with approximately 64 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $890,000 to $1,110,000 based on 13 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $988,000 in 2023-11. The current median price per square metre is $6,507. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8903, with an annual lease decay rate of approximately 0.43%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 423 Serangoon Central worth?
The most recent resale transaction at Block 423 Serangoon Central was $988,000 for a executive flat in 2023-11. The median price per square metre across all flat types is $6,507, based on 13 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 423 Serangoon Central?
Block 423 Serangoon Central was built in 1989 and has approximately 64 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.
What flat types are available at Block 423 Serangoon Central?
Block 423 Serangoon Central in Serangoon contains executive flats. Resale prices range from $890,000 to $1,110,000 based on historical transaction records from data.gov.sg.