Block 423 Serangoon Central

Executive · Built 1989 · 64 years remaining lease MOP Cleared
Latest Sale
$988,000
Nov 2023 · EXECUTIVE · #04-06
Median $/sqm
$6,507
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
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Insufficient data
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 64 years remaining 99 years
64 years 3 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
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
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

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.

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