Issue 001June 16, 2026

Serangoon Town Pulse | May 2026 | HDB Resale & Rental

Serangoon Pulse May 2026
Roncasa ▪ Town Pulse Serangoon · North-East Region Verified as of 2 Aug 2026 May 2026
◆ Seller's Market◆ Premium Position◆ Tenant's Market
Median PSF · May 2026
$659 ▲ +0.8% MoM
Resale Transactions
29
▲ 70.6% vs prior mth
vs Region Median
+3.3%
▲ $638 base
Town Rank
#2 / 5
North-East region by PSF

Serangoon's median PSF climbed 0.8% this month, while volume picked up — a steady, unremarkable month.

Transaction volume picked up in Serangoon in May 2026, with 29 resale transactions compared to 17 in April. Month-on-month, the town median PSF edged up 0.8% to $659 — a balanced market with no strong directional pressure. The town sits above the regional median of $638 psf (+3.3%).

$659
Median PSF
29
Resale Transactions
#2
Town Rank (North-East)

Verified as of 2 Aug 2026 · Latest resale data through May 2026 · Latest rental data through Jun 2026

01Town Context
$544$662$779MarAprMay2-Room3-Room4-Room5-RoomExecutive

Serangoon median PSF by flat type (2/3/4/5-Room + Executive), last 3 months. Source: HDB Resale Transactions, data.gov.sg.

Scope Median PSF vs Serangoon
Serangoon $659
North-East Region $638 -3.2%
Island Wide $602 -8.6%

Serangoon ranks #2 of 5 North-East region towns by median resale PSF this month. Source: HDB Resale Transactions, data.gov.sg.

Top Streets by Volume

Street Transactions Median PSF
Lor Lew Lian 2 transactions $631
Serangoon Ave 1 2 transactions $726
Serangoon Nth Ave 4 2 transactions $564
Serangoon Ave 2 1 transaction $705
Serangoon Ctrl 1 transaction $733

Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.

Share of Town HDB Stock Transacted
0.14%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 29 $460,000 $673,000 $810,000 $659
2-Room 0 No transactions this month
3-Room 13 $443,000 $455,000 $480,000 $643
4-Room 7 $686,500 $790,000 $821,944 $742
5-Room 8 $786,250 $824,000 $858,500 $627
Executive 1 $925,000 $925,000 $925,000 $573

Low/High = P25–P75 (APPROX_QUANTILES)
P25 (Low): 25% of flats sold below this price.
P50 (Median): The exact middle market price.
P75 (High): 75% of flats sold below this price.

May 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.

The $659 median PSF represents a 0.8% gain against April's $653. Transaction count rose 71% from 17 to 29. If you're a seller, this month's data supports holding asking price.

Lor Lew Lian led with 2 transactions (7% of all town resale) at a median $631 psf — near the town median. Serangoon Ave 1 followed with 2 transactions.

3-Room flats led resale activity in May 2026, accounting for 13 of 29 transactions (45%) at a median $643 psf.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
403 Serangoon Ave 1 5-Room 04 TO 06 1,302 $980,000 $752 61 years
08 months
125 Serangoon Nth Ave 1 Executive 04 TO 06 1,615 $925,000 $573 58 years
10 months
512 Serangoon Nth Ave 4 5-Room 04 TO 06 1,292 $860,000 $666 70 years
03 months
508 Serangoon Nth Ave 4 5-Room 07 TO 09 1,302 $858,000 $659 70 years
258 Serangoon Ctrl Dr 4-Room 10 TO 12 1,066 $850,000 $798 72 years
01 month

No transactions this month for this flat type.

Block / Street Flat Type Storey Size Price PSF Lease Left
227 Serangoon Ave 4 3-Room 10 TO 12 721 $530,000 $735 57 years
08 months
207 Serangoon Ctrl 3-Room 07 TO 09 689 $520,000 $755 58 years
11 months
204 Serangoon Ctrl 3-Room 07 TO 09 689 $505,000 $733 58 years
06 months
2 Lor Lew Lian 3-Room 07 TO 09 689 $480,000 $697 56 years
02 months
222 Serangoon Ave 4 3-Room 07 TO 09 721 $480,000 $666 58 years
04 months
Block / Street Flat Type Storey Size Price PSF Lease Left
258 Serangoon Ctrl Dr 4-Room 10 TO 12 1,066 $850,000 $798 72 years
01 month
401 Serangoon Ave 1 4-Room 01 TO 03 1,130 $838,888 $742 61 years
10 months
408 Serangoon Ave 1 4-Room 01 TO 03 1,130 $805,000 $712 61 years
08 months
403 Serangoon Ave 1 4-Room 04 TO 06 1,130 $790,000 $699 61 years
07 months
242 Serangoon Ave 3 4-Room 04 TO 06 904 $700,000 $774 59 years
01 month
Block / Street Flat Type Storey Size Price PSF Lease Left
403 Serangoon Ave 1 5-Room 04 TO 06 1,302 $980,000 $752 61 years
08 months
512 Serangoon Nth Ave 4 5-Room 04 TO 06 1,292 $860,000 $666 70 years
03 months
508 Serangoon Nth Ave 4 5-Room 07 TO 09 1,302 $858,000 $659 70 years
540 Serangoon Nth Ave 4 5-Room 07 TO 09 1,313 $838,000 $638 65 years
06 months
329 Serangoon Ave 3 5-Room 01 TO 03 1,313 $810,000 $617 59 years
02 months
Block / Street Flat Type Storey Size Price PSF Lease Left
125 Serangoon Nth Ave 1 Executive 04 TO 06 1,615 $925,000 $573 58 years
10 months

Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.

Lease Decay Comparison

$65770-79$67960-69$651under-60

Median PSF by remaining lease band, blended across 2/3/4/5-Room and Executive flats. Detail by flat type below. Source: HDB Resale Transactions, data.gov.sg.

4-Room flats in Serangoon show a real lease-decay gap — units with 60-69 years remaining trade at $697 psf against $609 psf for the 70-79 band, a 13% spread. That's the clearest single number in this report for anyone deciding how much a shorter lease should actually discount a flat.

Unit Type Breakdown

Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 1 Last transacted: Aug 2025 · $612 psf
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 1012-mo avg · 10 transactions $486,500 $701
under-60 years 13 $455,000 $643
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 2412-mo avg · 24 transactions $659,000 $609
60-69 years 5312-mo avg · 53 transactions $720,000 $697
under-60 years 8912-mo avg · 89 transactions $650,000 $658
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 1812-mo avg · 18 transactions $849,000 $657
60-69 years 3212-mo avg · 32 transactions $821,500 $622
under-60 years 1212-mo avg · 12 transactions $800,000 $610
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 712-mo avg · 7 transactions $1,080,888 $717
60-69 years 2512-mo avg · 25 transactions $1,050,000 $662
under-60 years 1012-mo avg · 10 transactions $1,115,000 $702

Lease Bands: Remaining years on the lease. Low Volumes: If under 5 sales, data expands.
Fallback 1: Uses 12-month average (flagged). Fallback 2: Uses 5-year transaction history.

Data Source: HDB Resale Transactions, data.gov.sg.

03Rental MarketLatest available: Jun 2026 · HDB rental lodgements typically lag ~1 month behind resale

Last leased: Jan 2026 · $1,500/mo

Median Rent
$2,950/mo
Rent MoM
+9.3%
Leases This Month
18
Lease Volume MoM (vacancy proxy)
-30.8%

Rents firming (+9.3% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Top Streets — 3-Room Rentals

Street Leases Median Rent
Lor Lew Lian 4 $2,700/mo
Lor Lew Lian 1 $3,250/mo
Serangoon Ave 2 1 $3,000/mo
Median Rent
$3,500/mo
Rent MoM
+5.3%
Leases This Month
27
Lease Volume MoM (vacancy proxy)
+3.8%

Rents firming (+5.3% MoM) on steady lease volume.

Top Streets — 4-Room Rentals

Street Leases Median Rent
Serangoon Ave 3 2 $3,400/mo
Serangoon Nth Ave 3 2 $3,300/mo
Serangoon Ave 2 1 $3,600/mo
Median Rent
$3,600/mo
12-mo avg · 118 leases
Rent MoM
n/a
Leases This Month
3
Lease Volume MoM (vacancy proxy)
n/a
Median Rent
$3,800/mo
Rent MoM
-11.6%
Leases This Month
5
Lease Volume MoM (vacancy proxy)
-16.7%

Rents softening (-11.6% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Top Streets — Executive Rentals

Street Leases Median Rent
Serangoon Ctrl 1 $4,450/mo
Serangoon Ctrl 1 $4,800/mo
Serangoon Nth Ave 4 1 $3,500/mo

HDB leases lodged with HDB / data.gov.sg. Excludes private residential. No vacancy_supply table equivalent exists for HDB — lease-volume MoM is used here as the vacancy proxy signal. Source: HDB Rental Transactions, data.gov.sg.

Ron's Read

Serangoon held its pricing in May 2026 with minimal movement. That kind of stability reflects a balanced market — neither side holds strong leverage. Anchor to recent comparables on both sides. Sentiment isn't driving this market right now — data is. That 13% 4-Room lease-decay spread between the 60-69 and 70-79 bands is the number to anchor any negotiation on a shorter-lease unit here — don't let a seller price a thinning lease like a fresh one.

05What It Means For You
What It Means For You

Last transacted: Aug 2025 · $290,000 ($612 psf)

Typical Entry Price
$442,997
vs Region Median PSF
+0.8%
Est. Gross Yield
~8.0%
Rental Range
$2,562–$3,000/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

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Typical Entry Price
$790,950
vs Region Median PSF
+16.3%
Est. Gross Yield
~5.3%
Rental Range
$3,250–$3,700/mo

Rising (+17.3% MoM) — expect less room to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$820,627
vs Region Median PSF
-1.6%
Est. Gross Yield
Rental Range
$3,400–$3,900/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

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Typical Entry Price
$1,082,749
12-mo avg · 42 transactions
vs Region Median PSF
+5.1%
Est. Gross Yield
Rental Range
$3,800–$4,450/mo

Flat — no clear month-on-month signal yet for this flat type; anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation

Last transacted: Aug 2025 · $290,000 ($612 psf)

Resale Transactions
13
Exit Price Est.
$442,997
Exit Median PSF
$643

Flat (-1.6% MoM) — anchor to recent comparables.

Rental strong, +9.3% MoM — supports pricing (18 leases last month). Currently +0.8% vs the region median.

Get a Free Valuation
Resale Transactions
7
Exit Price Est.
$790,950
Exit Median PSF
$742

Rising (+17.3% MoM) — expect less room to negotiate on this flat type.

Rental strong, +5.3% MoM — supports pricing (27 leases last month). Currently +16.3% vs the region median.

Get a Free Valuation
Resale Transactions
8
Exit Price Est.
$820,627
Exit Median PSF
$627

Flat (+1.2% MoM) — anchor to recent comparables.

118 leases over the trailing 12 months (12-mo avg · 118 leases) — this month's count is too thin for a MoM read. Currently -1.6% vs the region median.

Get a Free Valuation
Resale Transactions
1
Exit Price Est.
$1,082,749
12-mo avg · 42 transactions
Exit Median PSF
$671

Flat — no clear month-on-month PSF signal yet for this flat type.

Rental softening, -11.6% MoM — price with that in mind (5 leases last month). Currently +5.1% vs the region median.

Get a Free Valuation

Last leased: Jan 2026 · $1,500/mo

Median Rent
$2,950/mo
Low–High Range
$2,562–$3,000/mo
Est. Gross Yield
~8.0%

Rents firming (+9.3% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Street Leases Median Rent
Lor Lew Lian 4 $2,700/mo
Lor Lew Lian 1 $3,250/mo
Serangoon Ave 2 1 $3,000/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,500/mo
Low–High Range
$3,250–$3,700/mo
Est. Gross Yield
~5.3%

Rents firming (+5.3% MoM) on steady lease volume.

Street Leases Median Rent
Serangoon Ave 3 2 $3,400/mo
Serangoon Nth Ave 3 2 $3,300/mo
Serangoon Ave 2 1 $3,600/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,600/mo
12-mo avg · 118 leases
Low–High Range
$3,400–$3,900/mo
Est. Gross Yield

12-mo avg · 118 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,800/mo
Low–High Range
$3,800–$4,450/mo
Est. Gross Yield

Rents softening (-11.6% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Street Leases Median Rent
Serangoon Ctrl 1 $4,450/mo
Serangoon Ctrl 1 $4,800/mo
Serangoon Nth Ave 4 1 $3,500/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy