Serangoon HDB Resale Prices
Comprehensive analysis of 3,500 HDB resale transactions in Serangoon, covering prices by flat type, floor level premiums, lease age impact, and flat model valuations. All data from HDB via data.gov.sg.
Median Price
S$552K
12-Month Trend
+24%
Transactions
3,500
Price Range
S$170K - S$1.2M
Serangoon HDB Market in 2026
The HDB resale market in Serangoon has recorded 3,500 transactions between July 2017 and April 2026. At a median resale price of S$552K,Serangoon is 12% more expensive than the Singapore-wide HDB median of S$495K.
Prices have climbed 24% over the past twelve months, from S$640K to S$794K. This rate of appreciation outpaces general inflation and reflects sustained buyer demand in Serangoon. Buyers who purchased a year ago have already seen paper gains of approximately S$154K on a typical unit.
The most commonly transacted flat type in Serangoon is the 4 room, with 1,535 recorded resales. A 4-room flat in Serangoon costs a median of S$512,000, while a 5-room flat costs S$650,000. Buyers on a tighter budget can consider 3-room flats at S$360,000, though supply is limited with only 769 transactions in the data set.
Serangoon has entered the million-dollar HDB club. The highest recorded resale price is S$1,240,000, placing it among the growing number of towns where HDB flats have breached the seven-figure mark. These transactions typically involve large executive or maisonette units with 80+ years of remaining lease, located in mature blocks with unobstructed views.
Monthly Price Trend
Median resale price per month in Serangoon.
Source: HDB Resale Flat Prices, data.gov.sg
The High-Floor Premium in Serangoon
Floor level is one of the most significant price factors in Serangoon's HDB market. For 4-room flats, the data shows a clear staircase pattern: units on floors 10 TO 12 sell for a median of S$550,000, while ground-floor units (01 TO 03) sell for S$465,500. That is a 18% premium for higher floors, or roughly S$85K more in absolute terms.
This premium reflects several factors: better ventilation and natural light, reduced noise from ground-level activity, improved views (especially for blocks near parks or open areas), and a perception of privacy. For buyers on a budget, choosing a lower floor in a preferred block can save S$85K while keeping the same address.
Flat Models in Serangoon
Serangoon has 7 distinct flat models in its resale stock. The most common is the Improved (971 transactions, average S$544K).
Maisonettes, the two-storey HDB units that are no longer built, trade at an average of S$830K in Serangoon. With 352 transactions in the data set, they represent a niche but sought-after segment. Their scarcity (HDB stopped building maisonettes in 1995) and generous floor area make them popular with families who want landed-style living at HDB prices.
Price by Flat Type
Median resale price across 5 flat categories. A 5-room costs 27% more than a 4-room.
Most Traded Streets in Serangoon
The most actively traded address in Serangoon is SERANGOON NTH AVE 4, with 628 recorded transactions at a median of S$596,500. The price spread across the top streets ranges from S$410K to S$640K, reflecting differences in block age, proximity to MRT stations, and proximity to amenities.
How Serangoon Compares to Other Towns
In terms of pricing, Serangoon sits closest to Kallang/Whampoa (S$558K), Pasir Ris (S$560K), Central Area (S$566K). Buyers looking for a more affordable alternative might consider Ang Mo Kio at S$420K, which is 32% cheaper. Those willing to pay more for centrality or prestige could look at Bukit Timah at S$776K.
What This Means If You Are Buying in Serangoon
Serangoon is a premium HDB town. Expect to pay more here than in most other locations. The premium reflects strong demand driven by mature amenities and transport links. Budget-conscious buyers should note that choosing a lower floor can save up to S$85K.
With prices up 24% year-on-year, Serangoon is appreciating faster than average. Buyers who are waiting for prices to drop may find themselves paying more in six months. That said, past performance does not guarantee future trends.
Frequently Asked Questions
How much does a 4-room HDB flat cost in Serangoon?
The median 4-room HDB resale price in Serangoon is S$512,000, based on 1,535 transactions. Prices range from S$276K to S$965K depending on floor level, remaining lease, and flat model.
How much does a 5-room HDB flat cost in Serangoon?
A 5-room flat in Serangoon trades at a median of S$650,000 (644 transactions). This is 27% more than a 4-room.
Does floor level affect HDB prices in Serangoon?
Yes. For 4-room flats in Serangoon, high-floor units (10 TO 12) sell for a median of S$550,000, while low-floor units (01 TO 03) sell for S$465,500. That is a 18% premium for higher floors.
Are there million-dollar HDB flats in Serangoon?
Yes. The highest recorded HDB resale price in Serangoon is S$1,240,000. Million-dollar flats in this town are typically large units (maisonettes or 5-room) with long remaining lease, on high floors, and in sought-after blocks.
Is Serangoon a good town to buy an HDB flat?
Serangoon's median resale price of S$552K is 12% above the national median. Prices have risen 24% year-on-year, signalling strong demand. Comparable alternatives include Kallang/Whampoa, Pasir Ris, Central Area.
Source: HDB Resale Flat Prices via data.gov.sg. Analysis by FairComparisons.
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