Buying an HDB flat is not just about choosing a property. Your eligibility, grant amount, and purchasing options depend largely on the scheme under which you are buying. Many buyers are familiar with grants such as the Enhanced CPF Housing Grant (EHG), Family Grant, and Proximity Housing Grant (PHG). However, fewer realise that these grants […]
What Is Happening In Serangoon HDB Market?
The Serangoon HDB resale market recorded 370 transactions over the past 12 completed months. Based on the latest completed month, May 2026, average resale prices were down +14.3% year-on-year compared with May 2025. On a shorter-term basis, prices fell +6.4% month-on-month compared with Apr 2026, while transaction volume increased by +70.6% over the same period.
The market composition also shows that 90% of recent transactions involved flats aged 30 years and above. Newly MOP flats made up 0% of sales activity. This suggests that buyer activity in Serangoon is not limited to only newer flats, as older flats may still attract demand due to location, affordability, flat size or estate familiarity.
However, town-wide averages should only be used as a starting point. Actual selling prices can vary significantly depending on flat type, floor level, remaining lease, unit condition, facing, nearby amenities and the number of competing listings at the time of sale.