Serangoon HDB Resale Price

Serangoon is a well-established mature HDB town located in Singapore’s North-East Region within District 19. Known for its strong transport connectivity, central accessibility, mature amenities, and highly sought-after residential neighbourhoods, Serangoon has remained one of Singapore’s more desirable HDB resale markets over the years.

Serangoon HDB resale prices have generally remained resilient due to the town’s strong location fundamentals, MRT connectivity, and proximity to major commercial and lifestyle hubs. Areas such as Serangoon Central, Serangoon North, Lorong Chuan, Tavistock, and the Upper Serangoon corridor have continued attracting steady buyer demand due to their accessibility, schools, retail malls, and established residential environment.

Flats located near Serangoon MRT station, Lorong Chuan MRT station, and Bartley MRT station have generally continued recording stronger resale activity due to their connectivity along both the North East Line and Circle Line. Serangoon MRT station, in particular, remains one of the key interchange stations in Singapore’s MRT network, providing convenient access towards Dhoby Ghaut, Bishan, Paya Lebar, HarbourFront, and the Central Business District. The presence of Nex shopping mall and integrated transport infrastructure has also contributed to stronger long-term demand across nearby housing clusters.

Future transport and commercial developments across the North-East Region may continue supporting long-term buyer interest across Serangoon. Flats with stronger access to MRT stations, shopping malls, schools, and integrated amenities have generally shown firmer PSF performance and more consistent resale activity over time. High-floor units, premium layouts, and flats located within walking distance of MRT stations have also continued attracting stronger buyer attention within the town.

Compared with many newer HDB estates, Serangoon offers a highly mature residential ecosystem supported by established schools, retail malls, hawker centres, parks, healthcare facilities, and transport connectivity. Although parts of the town consist of older HDB projects with shorter remaining leases, Serangoon has continued maintaining strong resale demand due to its mature-town appeal, relatively central location, and well-developed infrastructure.

This page serves as the main Serangoon HDB resale price and market analysis hub by HDB Insights. Here, you can explore the latest Serangoon HDB resale prices, monthly transaction activity, average and median resale price trends, PSF trends, flat type performance, lease profile patterns, MRT proximity trends, high-floor premium movements, million-dollar flat activity, and record-setting resale transactions across Serangoon and its surrounding neighbourhood clusters.

May 2026 Serangoon HDB Resale Price Overview

This overview summarises the latest HDB resale transaction activity and pricing trends observed across Serangoon, located in District 19, North-East Region.

Serangoon recorded 25 HDB resale transactions in May 2026. The average resale price was $627,428, while the median resale price was $530,000. On a PSF basis, the average price was approximately $668 PSF, while the median PSF was approximately $666 PSF.

The highest recorded resale transaction for the month was $980,000 at 403 Serangoon Avenue 1. This was a mid-floor Improved 5-room flat with a floor area of 121 sqm, achieving an estimated $752 PSF. The flat was located approximately 400m from Serangoon MRT station.

The highest PSF transaction was recorded at 258 Serangoon Central Drive, where a high-floor Model A 4-room flat achieved approximately $798 PSF. The flat was located approximately 570m from Serangoon MRT station.

The most active flat type was 3-room, with 13 transactions.

13 transactions were located within 500m of an MRT station during the month.

The data below highlights key resale price movements, transaction activity, and notable market trends observed across Serangoon.

Most Expensive HDB Flat Types Sold in Serangoon

This section tracks the highest recorded HDB resale prices by flat type in Serangoon, based on available resale transactions in the database.

Highest 2-room Resale Price

The current 2-room price record in Serangoon was set by a mid-floor Improved flat at 8 Lor Lew Lian, which sold for $290,000 in August 2025.

The transaction achieved approximately $612 PSF based on a floor area of 44 sqm. The flat was located approximately 430m from Serangoon MRT station.

There have been 5 near-record attempts so far, with the closest sale reaching $288,000, about $2,000 below the existing record. The latest near-record attempt was recorded in May 2024.

Highest 3-room Resale Price

The current 3-room price record in Serangoon was set by a high-floor Simplified flat at 203 Serangoon Central, which sold for $588,000 in September 2025.

The transaction achieved approximately $854 PSF based on a floor area of 64 sqm. The flat was located approximately 230m from Serangoon MRT station.

There have been 2 near-record attempts so far, with the closest sale reaching $570,000, about $18,000 below the existing record. The latest near-record attempt was recorded in February 2026.

Highest 4-room Resale Price

The current 4-room price record in Serangoon was set by a high-floor Model A flat at 414 Serangoon Central, which sold for $965,000 in November 2025.

The transaction achieved approximately $793 PSF based on a floor area of 113 sqm. The flat was located approximately 210m from Serangoon MRT station.

There have been 5 near-record attempts so far, with the closest sale reaching $945,000, about $20,000 below the existing record. The latest near-record attempt was recorded in February 2026.

Highest 5-room Resale Price

The current 5-room price record in Serangoon was set by a high-floor Improved flat at 422 Serangoon Central, which sold for $1,110,000 in August 2025.

The transaction achieved approximately $852 PSF based on a floor area of 121 sqm. The flat was located approximately 360m from Serangoon MRT station.

There have been 3 near-record attempts so far, with the closest sale reaching $1,090,000, about $20,000 below the existing record. The latest near-record attempt was recorded in August 2025.

Highest Executive Resale Price

The current Executive price record in Serangoon was set by a low-floor Maisonette flat at 318 Serangoon Avenue 2, which sold for $1,268,000 in April 2025.

The transaction achieved approximately $791 PSF based on a floor area of 149 sqm. The flat was located approximately 370m from Lorong Chuan MRT station.

There have been 9 near-record attempts so far, with the closest sale reaching $1,240,000, about $28,000 below the existing record. The latest near-record attempt was recorded in March 2026.

Record levels may change as new resale transactions are recorded. Near-record attempts are useful because they show whether recent transactions are still testing the upper end of the town’s resale price range.

Serangoon HDB Resale Price Summary

What Is the Average HDB Resale Price in Serangoon?

Based on 25 recorded resale transactions in May 2026, the average HDB resale price in Serangoon was approximately $627,428, while the median resale price was approximately $530,000.

This suggests that several higher-priced transactions lifted the average above the typical resale price during the month.

What Is the Average PSF in Serangoon?

In May 2026, Serangoon resale flats averaged approximately $668 PSF, while the median PSF stood at approximately $666 PSF. Actual PSF levels can vary depending on flat type, floor area, remaining lease, floor level, and proximity to MRT stations.

The average and median PSF were relatively close, suggesting that PSF levels were fairly balanced across the transactions recorded during the month.

Which Flat Type Had the Most Transactions?

3-room flats recorded the highest resale activity in Serangoon during May 2026, with 13 completed transactions.

This indicates that smaller flats formed an important part of resale activity during the month, which can also affect the overall average price and PSF figures.

Which Flat Type Was the Most Expensive?

Among the tracked flat types, Executive flats recorded the highest average resale price in May 2026 at approximately $925,000.

This suggests that Executive flats continued to command premium absolute prices, mainly because of their larger floor areas and more limited supply.

How Many Million-Dollar HDB Flats Were Sold?

Serangoon recorded 17 million-dollar HDB resale transactions year-to-date through May 2026. Over the rolling 12-month period from June 2025 to May 2026, the town recorded 41 million-dollar resale transactions.

This suggests that million-dollar resale activity is becoming more visible in Serangoon, although it is still likely concentrated among selected larger, newer, or better-located flats.

Serangoon HDB Resale Price FAQs

Why are Serangoon HDB resale prices rising?

Serangoon recorded 17 million-dollar HDB resale transactions year-to-date through May 2026. Flats with longer remaining leases, larger floor areas, higher floors, and stronger access to MRT stations often command higher resale prices.

Does MRT or LRT distance affect Serangoon HDB resale prices?

HDB flats located closer to MRT stations in Serangoon generally attract stronger buyer demand. However, price differences still depend on flat type, remaining lease, floor level, project age, and overall market conditions.

Are older Serangoon HDB flats still expensive?

Some older Serangoon HDB flats can still command strong resale prices because of their size, location, and established amenities. However, remaining lease remains an important factor when comparing older flats with newer projects.

What affects HDB resale prices in Serangoon?

In May 2026, Executive flats recorded the highest average resale price at approximately $925,000. Key factors affecting Serangoon HDB resale prices include remaining lease, floor level, flat model, MRT proximity, project age, floor area, and overall market demand.

Is Serangoon a good area for HDB resale buyers?

Serangoon recorded 25 resale transactions in May 2026, with a median resale price of approximately $530,000. The town remains popular among resale buyers seeking family-sized flats, transport connectivity, schools, malls, parks, and neighbourhood amenities.

Which areas in Serangoon usually command higher HDB resale prices?

Higher-priced areas in Serangoon usually depend on transport access, remaining lease, flat type, floor level, floor area, and nearby amenities. Buyers should compare recent transactions by block, street, and flat type instead of relying only on town-level averages.

Are high-floor flats more expensive in Serangoon?

High-floor flats in Serangoon often command stronger resale prices, especially when they are located in newer lease projects or near MRT stations. However, price differences still depend on flat type, floor area, remaining lease, block location, and buyer demand at the time of sale.

How often is the Serangoon HDB resale price guide updated?

The Serangoon HDB resale price guide was last updated with May 2026 transaction data and is refreshed regularly using the latest available HDB resale records.