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Block 23 Bedok South Avenue 1

3 Room · 4 Room · Built 1977 · 50 years remaining lease · Updated Apr 2026 MOP Cleared

Block 23 Bedok South Avenue 1 has 38 recorded HDB resale transactions since 2017. Latest sale: $465,000 (Apr 2026, 3 room, floors 04–06). Median $5,342/sqm. Prices up 29.2% over the past five years. Built 1977, 50 years lease remaining.

How this block compares

  • 3 Room$465,000
    +9.9%vs town(+$42k)+4.5%vs national(+$20k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$465,000
Apr 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$5,342
Based on 38 transactions
Total Transactions
38
Since Jan 2017
5-Year Trend
▲ +29.2%
Median price change
Median Price ?
Top 59%
#297 / 506 Top 59%
Latest Sale ?
Top 71%
#357 / 506 Top 71%
Value ($/sqm) ?
Top 33%
#168 / 506 Top 33%
5-Year Growth ?
Top 62%
#240 / 390 Top 62%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+5.3%/yr
vs
Lease Decay
−0.76%/yr
Growth assumption
Based on this block’s +29.2% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 50 years remaining 99 years
50 years 1 months
Remaining lease
↓ 0.76%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.76%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,950 typically $2,700–$3,100 7.6% 10 rentals here
4-Room $3,300 typically $3,000–$3,500 6.8% Bedok avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 23 Bedok South Avenue 1 in Bedok, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bedok
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 04 TO 06 3 ROOM 73 sqm $465,000 $6,370
Jan 2026 10 TO 12 3 ROOM 73 sqm $485,000 $6,644
Sep 2025 07 TO 09 3 ROOM 73 sqm $465,000 $6,370
Jun 2025 04 TO 06 3 ROOM 73 sqm $465,000 $6,370
May 2025 10 TO 12 3 ROOM 73 sqm $490,000 $6,712
May 2025 13 TO 15 3 ROOM 73 sqm $516,000 $7,068
Feb 2025 04 TO 06 3 ROOM 73 sqm $455,000 $6,233
Nov 2024 10 TO 12 4 ROOM 98 sqm $625,000 $6,378
Sep 2024 10 TO 12 3 ROOM 73 sqm $445,000 $6,096
Aug 2024 13 TO 15 4 ROOM 98 sqm $588,000 $6,000
Jul 2024 04 TO 06 3 ROOM 73 sqm $428,000 $5,863
May 2024 13 TO 15 3 ROOM 73 sqm $435,000 $5,959
Mar 2024 04 TO 06 3 ROOM 73 sqm $410,000 $5,616
Jan 2024 13 TO 15 3 ROOM 88 sqm $469,000 $5,330
Sep 2023 07 TO 09 3 ROOM 73 sqm $390,000 $5,342
Aug 2023 04 TO 06 3 ROOM 88 sqm $453,800 $5,157
May 2023 13 TO 15 3 ROOM 73 sqm $423,000 $5,795
Mar 2023 10 TO 12 3 ROOM 73 sqm $428,000 $5,863
Jan 2023 10 TO 12 3 ROOM 73 sqm $410,000 $5,616
Jul 2022 01 TO 03 3 ROOM 73 sqm $372,000 $5,096
Showing 20 of 38 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 23 Bedok South Avenue 1

Block 23 Bedok South Avenue 1 in Bedok dates to 1977 and now has roughly 50 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 11% below the Bedok median, cheaper than about 58% of the town's blocks. It has a regular flow of resale activity, with 38 transactions since 2017 across 3 room, 4 room flats priced from $305,000 to $625,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $465,000 in Apr 2026, and the median works out to $5,342/sqm. Higher floors carry a premium, with the 13 TO 15 band trading roughly 24% above the 01 TO 03 band. Over five years, prices here are up about 29.2%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 23 Bedok South Avenue 1 worth?

The most recent resale transaction at Block 23 Bedok South Avenue 1 was $465,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $5,342, based on 38 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 23 Bedok South Avenue 1?

Block 23 Bedok South Avenue 1 was built in 1977 and has approximately 50 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.76%, meaning the leasehold value decreases by approximately 0.76% per year at the current remaining lease.

What flat types are available at Block 23 Bedok South Avenue 1?

Block 23 Bedok South Avenue 1 in Bedok contains 3 room, 4 room flats. Resale prices range from $305,000 to $625,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 23 Bedok South Avenue 1 gone up or down?

Resale prices at Block 23 Bedok South Avenue 1 have increased by approximately 29.2% over the past five years. The current median price is $410,000, with the most recent sale at $465,000 in 2026-04.

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