For digest readers, the four numbers that matter for HDB Serangoon in the trailing multi-year window are: (a) transacted volume relative to trailing-12-month averages, (b) median PSF for the comparable-quality sample, (c) gross rental yield (where applicable), and (d) the segment-mix composition that influenced the headline aggregate. Cross-reference the chart in this digest against URA REALIS for verified caveat-level detail, and against the URA Property Price Index for the quarterly cycle-level benchmark.
The HDB transacted price trajectory reading for HDB Serangoon reflects the interplay between (1) the policy environment (IRAS ABSD rates for buyer-side cooling, IRAS BSD rates for the standard upfront stamp), (2) the financing cost environment (MAS SORA dashboard for the floating-rate benchmark plus typical 0.6–0.85% bank spread = ~4.0% all-in), and (3) the MAS TDSR / cooling measures explainer that caps debt-servicing at 55% of gross income. Each of these levers can shift period-to-period readings independently.
The the trailing multi-year window HDB price trend digest for HDB Serangoon sits within a defined cycle context. HDB resale dynamics reflect MOP rollovers, EHG grant changes, and Plus/Prime classification effects on resale supply. This digest reads the period’s data alongside the structural framework set by Singapore’s post-April-2023 cooling-measure regime — foreigner ABSD at 60%, Singapore Citizen second-property ABSD at 20%, 3M SORA in the 3.0–3.5% band — that shapes how the raw figures translate into actionable buyer or seller decisions (as of 2026-Q1).
- Average resale price: $708,373 (last 12 months)
- Year-on-year change: ↑ 1.2%
- Transaction volume: 368
Price Overview
The HDB resale market in Serangoon recorded 368 transactions over the past 12 months at an average price of $708,373.
Monthly Price Trend
| Month | Avg Price | Volume | MoM Change |
|---|---|---|---|
| 2024-05 | $629,434 | 39 | — |
| 2024-06 | $743,778 | 37 | ↑ 18.2% |
| 2024-07 | $668,401 | 49 | ↓ 10.1% |
| 2024-08 | $640,031 | 42 | ↓ 4.2% |
| 2024-09 | $683,672 | 38 | ↑ 6.8% |
| 2024-10 | $698,413 | 25 | ↑ 2.2% |
| 2024-11 | $680,015 | 23 | ↓ 2.6% |
| 2024-12 | $707,061 | 37 | ↑ 4.0% |
| 2025-01 | $693,850 | 34 | ↓ 1.9% |
| 2025-02 | $750,956 | 33 | ↑ 8.2% |
| 2025-03 | $694,108 | 34 | ↓ 7.6% |
| 2025-04 | $739,754 | 37 | ↑ 6.6% |
| 2025-05 | $756,461 | 27 | ↑ 2.3% |
| 2025-06 | $721,927 | 28 | ↓ 4.6% |
| 2025-07 | $712,113 | 50 | ↓ 1.4% |
| 2025-08 | $692,932 | 41 | ↓ 2.7% |
| 2025-09 | $719,795 | 26 | ↑ 3.9% |
| 2025-10 | $708,299 | 26 | ↓ 1.6% |
| 2025-11 | $690,264 | 29 | ↓ 2.5% |
| 2025-12 | $659,230 | 37 | ↓ 4.5% |
| 2026-01 | $708,706 | 31 | ↑ 7.5% |
| 2026-02 | $766,625 | 24 | ↑ 8.2% |
| 2026-03 | $698,236 | 32 | ↓ 8.9% |
| 2026-04 | $692,647 | 17 | ↓ 0.8% |
Prices were virtually unchanged at $1,012 psf — a 1.2% increase year-on-year. With 368 transactions, volume ran 1010% above the norm, suggesting heightened market interest.
Flat Type Breakdown
| Flat Type | Avg Price | Avg PSM | Volume |
|---|---|---|---|
| 4 ROOM | $686,936 | $7,144 | 170 |
| 3 ROOM | $468,722 | $7,183 | 91 |
| 5 ROOM | $857,122 | $7,064 | 59 |
| EXECUTIVE | $1,072,091 | $7,320 | 47 |
| 2 ROOM | $290,000 | $6,591 | 1 |
The the trailing multi-year window period’s HDB transacted price trajectory for HDB Serangoon reflects specific micro-level drivers. Within the aggregate figure, individual sub-segments (different unit types, floor bands, tenure types) typically move at different rates — the period’s ‘top movers’ are units or sub-cohorts whose performance deviated meaningfully from the mean. For investors and sellers, identifying these movers is more useful than the headline average because the mean smooths out the dispersion that creates actual buying or selling opportunities.
Typical top-mover categories in any digest period include: (a) freehold units in 99-year-dominated districts that command a meaningful tenure premium, (b) high-floor units in projects with strong views or panoramic orientation (5–15% PSF premium vs low-floor in same project), (c) recently-renovated stock that commands ~5–10% premium over comparable un-renovated transacted PSF, and (d) units close to recently-opened MRT lines or new developments that create proximity-premium uplift. For HDB Serangoon in the trailing multi-year window, the dispersion across these categories is the more informative reading than the headline median. Use HDB grant calculator for cross-reference.
Conversely, soft-mover categories typically include 99-year leasehold stock approaching financing-window thresholds (lease <30 years), units with unfavourable orientation or noise exposure, and developments where MCST management quality has degraded. Cross-reference URA REALIS for the per-project caveats and assess which projects in HDB Serangoon fall into which category.
The embedded chart for this HDB price trend digest of HDB Serangoon in the trailing multi-year window visualises the HDB transacted price trajectory trajectory. The two readings to focus on are (1) the absolute level versus the trailing-12-month mean, and (2) the direction of change across the most recent 3–4 periods. A single-period spike or trough is rarely informative; sustained directional movement across multiple periods signals a structural shift worth acting on.
For comparative context, place HDB Serangoon’s the trailing multi-year window reading against (a) the corresponding national-level URA Property Price Index figure for the segment, and (b) the equivalent reading in adjacent districts or towns. The relative positioning — whether HDB Serangoon is leading or lagging the national segment — informs whether the period’s reading is geography-specific or part of a broader cycle move. Use HDB prices map for district-level visual comparison and HDB yield calculator for direct numeric benchmarking.
Looking ahead from the trailing multi-year window, the forward variables for HDB Serangoon HDB transacted price trajectory are (a) the URA Government Land Sales pipeline within a 1km radius, which determines new-supply pressure, (b) the SORA trajectory over the next 2–4 quarters, which shapes mortgage-driven affordability, and (c) any local infrastructure changes (new MRT stations, school openings, redevelopment of neighbouring plots) that could shift relative attractiveness. Track these via URA REALIS and the MAS SORA dashboard (as of 2026-Q1).
FAQ
What is the average HDB resale price in Serangoon?
Are prices going up in Serangoon?
What does the the trailing multi-year window HDB price trend reading for HDB Serangoon indicate?
The reading is a snapshot of transacted activity in the trailing multi-year window for HDB Serangoon on the HDB transacted price trajectory dimension. Single-period readings are most informative when read against trailing-12-month and same-period-prior-year benchmarks. Pull verified caveats from URA REALIS for transaction-level detail (as of 2026-Q1).
How was this HDB transacted price trajectory figure computed?
The figure is derived from URA REALIS caveats for HDB Serangoon filed during the trailing multi-year window. HDB transacted price trajectory computations follow standard methodologies: gross yield = annual rent / purchase price for the same unit cohort; transacted PSF = price / floor area; volume = caveat count for the segment. For HDB digests the equivalent source is the HDB resale portal.
How does this period compare to the same period a year ago?
Year-over-year comparison strips out seasonality. The most informative read is whether the trailing multi-year window’s HDB transacted price trajectory reading is materially above or below the equivalent period one year earlier, controlling for the broader Singapore property cycle. Use the URA Property Price Index for cycle-level context.
What policy environment shaped this reading?
The reading sits within the post-April-2023 cooling-measure regime: foreigner ABSD 60%, SC second-property ABSD 20%, TDSR 55% per the MAS TDSR / cooling measures explainer. SORA-linked mortgage rates near 4.0% effective shape the affordability ceiling. These structural variables affect demand-side composition across all digest periods since 2023.
Should I act on this digest?
Honest answer: depends on holding horizon and buyer profile. For owner-occupiers with 10+ year horizons, single-period digest readings rarely trigger action. For sellers or short-horizon investors, sustained directional moves across 3–4 periods may indicate timing windows. Cross-reference your specific buyer profile via the IRAS BSD rates and CPF home ownership rules alongside the digest data.
Where can I find more HDB price trend data for HDB Serangoon?
The authoritative source is URA REALIS for private residential, HDB resale portal for HDB. ShiokNest aggregates this data into per-geography, per-period, and per-segment views with chart visualisations and trend analysis.
Methodology & Sources
Numbers in this article reflect Last 24 months and update as new data becomes available.
HDB resale and rental data from data.gov.sg.
Outlier-resistant medians anchor every PSF figure shown above. Volume counts are exact transaction tallies, not estimates.