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Block 623B Punggol Central

2 Room · 3 Room · 4 Room · Built 2014 · 86 years remaining lease · Updated Jun 2026 MOP Cleared

Block 623B Punggol Central has 61 recorded HDB resale transactions since 2017. Latest sale: $635,000 (Jun 2026, 4 room, floors 10–12). Median $5,543/sqm. Prices up 42% over the past five years. Built 2014, 86 years lease remaining.

How this block compares

  • 4 Room$669,444
    −2.1%vs town(−$14k)+6.3%vs national(+$39k)

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
$635,000
Jun 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$5,543
Based on 61 transactions
Total Transactions
61
Since Jan 2017
5-Year Trend
▲ +42%
Median price change
Median Price ?
Top 99%
#478 / 485 Top 99%
Latest Sale ?
Top 62%
#301 / 485 Top 62%
Value ($/sqm) ?
Top 46%
#223 / 485 Top 46%
5-Year Growth ?
Top 34%
#126 / 374 Top 34%
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
+7.3%/yr
vs
Lease Decay
−0.19%/yr
Growth assumption
Based on this block’s +42% 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 86 years remaining 99 years
86 years 11 months
Remaining lease
↓ 0.19%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 86 years remaining, decay is gradual (~0.19%/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). This block has too few rentals on record, so figures shown are the Punggol average.

Flat type Median rent /mo Gross yield Based on
2-Room $2,375 typically $2,250–$2,500 7.2% Punggol avg · block too thin
3-Room $2,800 typically $2,700–$3,000 6.1% Punggol avg · block too thin
4-Room $3,200 typically $3,050–$3,400 5.6% Punggol 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 7 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
7 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 623B Punggol Central in Punggol, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Punggol
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
Jun 2026 10 TO 12 4 ROOM 95 sqm $635,000 $6,684
Feb 2026 04 TO 06 3 ROOM 69 sqm $525,000 $7,609
Aug 2025 16 TO 18 4 ROOM 94 sqm $703,888 $7,488
Jun 2025 13 TO 15 3 ROOM 69 sqm $580,000 $8,406
Apr 2025 16 TO 18 4 ROOM 94 sqm $671,888 $7,148
Feb 2025 10 TO 12 2 ROOM 46 sqm $378,000 $8,217
Jan 2025 13 TO 15 4 ROOM 94 sqm $668,000 $7,106
Dec 2024 04 TO 06 2 ROOM 46 sqm $345,000 $7,500
Mar 2024 01 TO 03 2 ROOM 46 sqm $320,000 $6,957
Nov 2023 16 TO 18 2 ROOM 46 sqm $360,000 $7,826
Oct 2023 01 TO 03 2 ROOM 47 sqm $300,000 $6,383
Sep 2023 13 TO 15 3 ROOM 69 sqm $488,000 $7,072
Sep 2023 07 TO 09 4 ROOM 94 sqm $600,000 $6,383
Aug 2023 07 TO 09 2 ROOM 47 sqm $348,000 $7,404
Jul 2023 04 TO 06 3 ROOM 69 sqm $492,000 $7,130
Jun 2023 16 TO 18 4 ROOM 95 sqm $600,000 $6,316
Apr 2023 10 TO 12 2 ROOM 47 sqm $340,000 $7,234
Mar 2023 16 TO 18 3 ROOM 69 sqm $460,000 $6,667
Jan 2023 07 TO 09 2 ROOM 46 sqm $348,000 $7,565
Jan 2023 13 TO 15 4 ROOM 95 sqm $585,000 $6,158
Showing 20 of 61 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 623B Punggol Central

Block 623B Punggol Central is one of the more affordable HDB blocks in Punggol, with a median of $400,000 below most of the town. It has a busy resale history, with 61 transactions since 2017 across 2 room, 3 room, 4 room flats priced from $230,000 to $703,888. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $635,000 in Jun 2026, and the median works out to $5,543/sqm. Higher floors carry a premium, with the 16 TO 18 band trading roughly 57% above the 04 TO 06 band. Over five years, prices here are up about 42%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 623B Punggol Central worth?

The most recent resale transaction at Block 623B Punggol Central was $635,000 for a 4 room flat in 2026-06. The median price per square metre across all flat types is $5,543, based on 61 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 623B Punggol Central?

Block 623B Punggol Central was built in 2014 and has approximately 86 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.19%, meaning the leasehold value decreases by approximately 0.19% per year at the current remaining lease.

What flat types are available at Block 623B Punggol Central?

Block 623B Punggol Central in Punggol contains 2 room, 3 room, 4 room flats. Resale prices range from $230,000 to $703,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 623B Punggol Central gone up or down?

Resale prices at Block 623B Punggol Central have increased by approximately 42% over the past five years. The current median price is $400,000, with the most recent sale at $635,000 in 2026-06.

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