Block 23B Queen'S Close
Block 23B Queen'S Close has 16 recorded HDB resale transactions since 2017. Latest sale: $485,000 (Apr 2025, 4 room, floors 01–03). Median $4,904/sqm. Prices up 1.7% over the past five years. Built 1973, 47 years lease remaining.
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 |
|---|---|---|---|
| 4-Room | $3,500 typically $3,250–$3,700 | 9% | 6 rentals here |
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.
- 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.
Other HDB blocks closest to Block 23B Queen'S Close in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Apr 2025 | 01 TO 03 | 4 ROOM | 89 sqm | $485,000 | $5,449 |
| Jan 2025 | 07 TO 09 | 4 ROOM | 89 sqm | $400,000 | $4,494 |
| Jul 2024 | 01 TO 03 | 4 ROOM | 89 sqm | $465,000 | $5,225 |
| Jan 2024 | 07 TO 09 | 4 ROOM | 89 sqm | $500,000 | $5,618 |
| Oct 2023 | 07 TO 09 | 4 ROOM | 89 sqm | $472,500 | $5,309 |
| Oct 2022 | 07 TO 09 | 4 ROOM | 89 sqm | $550,000 | $6,180 |
| Apr 2022 | 04 TO 06 | 4 ROOM | 89 sqm | $438,000 | $4,921 |
| Jan 2022 | 04 TO 06 | 4 ROOM | 89 sqm | $465,000 | $5,225 |
| Nov 2021 | 04 TO 06 | 4 ROOM | 89 sqm | $456,000 | $5,124 |
| Oct 2021 | 07 TO 09 | 4 ROOM | 89 sqm | $435,000 | $4,888 |
| May 2021 | 04 TO 06 | 4 ROOM | 89 sqm | $408,000 | $4,584 |
| Aug 2020 | 07 TO 09 | 4 ROOM | 89 sqm | $402,500 | $4,522 |
| Jan 2020 | 04 TO 06 | 4 ROOM | 89 sqm | $400,000 | $4,494 |
| Jan 2020 | 07 TO 09 | 4 ROOM | 89 sqm | $425,000 | $4,775 |
| Jan 2020 | 07 TO 09 | 4 ROOM | 89 sqm | $420,000 | $4,719 |
| Dec 2019 | 01 TO 03 | 4 ROOM | 89 sqm | $400,000 | $4,494 |
About Block 23B Queen'S Close
Block 23B Queen'S Close is an ageing-lease HDB block in Queenstown, built in 1973 with about 47 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 39% below the Queenstown median, cheaper than about 61% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 4 room flats priced from $400,000 to $550,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $485,000 in Apr 2025, and the median works out to $4,904/sqm. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 23B Queen'S Close worth?
The most recent resale transaction at Block 23B Queen'S Close was $485,000 for a 4 room flat in 2025-04. The median price per square metre across all flat types is $4,904, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 23B Queen'S Close?
Block 23B Queen'S Close was built in 1973 and has approximately 47 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.86%, meaning the leasehold value decreases by approximately 0.86% per year at the current remaining lease.
What flat types are available at Block 23B Queen'S Close?
Block 23B Queen'S Close in Queenstown contains 4 room flats. Resale prices range from $400,000 to $550,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 23B Queen'S Close gone up or down?
Resale prices at Block 23B Queen'S Close have increased by approximately 1.7% over the past five years. The current median price is $436,500, with the most recent sale at $485,000 in 2025-04.