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HDB · 562228

Blk 228B Ang Mo Kio St 23

Project page · 99-year lease from 2021

Indicative value range
S$1,156,579 – S$1,238,000
Indicative mid S$1,190,000 · S$10,531 psm

Based on 13 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Oct 2026Blk 228B07 TO 09113 sqmS$1,238,000S$10,956 psm×1.000S$10,956 psm
Aug 2026Blk 228B10 TO 12113 sqmS$1,277,000S$11,301 psm×1.000S$11,301 psm
Aug 2026Blk 228B19 TO 21113 sqmS$1,315,000S$11,637 psm×1.000S$11,637 psm
Jul 2026Blk 228B13 TO 15113 sqmS$1,260,000S$11,150 psm×1.000S$11,150 psm
Jun 2026Blk 228B04 TO 06113 sqmS$1,150,000S$10,177 psm×1.000S$10,177 psm
May 2026Blk 228B10 TO 12113 sqmS$1,190,000S$10,531 psm×1.000S$10,531 psm
Apr 2026Blk 228B10 TO 12113 sqmS$1,160,888S$10,273 psm×1.000S$10,273 psm
Apr 2026Blk 228B07 TO 09113 sqmS$1,165,000S$10,310 psm×1.000S$10,310 psm
Mar 2026Blk 228B22 TO 24113 sqmS$1,200,000S$10,619 psm×0.997S$10,588 psm
Mar 2026Blk 228B16 TO 18113 sqmS$1,220,000S$10,796 psm×0.997S$10,765 psm
Mar 2026Blk 228B04 TO 06113 sqmS$1,120,000S$9,912 psm×0.997S$9,882 psm
Feb 2026Blk 228B07 TO 09113 sqmS$1,155,000S$10,221 psm×0.997S$10,191 psm
Feb 2026Blk 228B10 TO 12113 sqmS$1,160,000S$10,265 psm×0.997S$10,235 psm

How accurate is this estimate for Ang Mo Kio St 23?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 47 sales in Ang Mo Kio St 23 since.

Median error
7.8%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

4.13% gross yield

S$49,200 of rent a year against the estimate above · 1.64 points below flats like it

Homes like this rent for about S$4,100 a month, the middle of 6 approvals in the last year.

Across Singapore these flats yield 5.77%, from 234 blocks. Too few blocks share this flat's remaining lease to measure that separately, so this figure covers every lease length.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Jul 2026228A5 ROOMS$4,200
Jul 2026228B5 ROOMS$4,000
Mar 2026228B5 ROOMS$4,000
Jan 2026228B5 ROOMS$4,300
Dec 2025228A5 ROOMS$4,300
Nov 2025228B5 ROOMS$3,880

median of 6 HDB rental approvals for 5 ROOM on Ang Mo Kio St 23 since 2025-10.

Buying or selling at S$1,190,000?

Buying: Stamp duty on S$1,190,000 · Cash and CPF needed on S$1,190,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,190,000.

Each opens with this figure filled in; change anything there.

Primary schools near 228b Ang Mo Kio St 23

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Oct 2026
Blk 228B · 5 ROOM · 07 TO 09 · Improved · 94 years left
113 sqmS$1,238,000S$10,956 psm
Sept 2026
Blk 228B · 5 ROOM · 19 TO 21 · Improved · 94 years left
excluded: outlier
113 sqmS$1,360,000S$12,035 psm
Aug 2026
Blk 228B · 5 ROOM · 19 TO 21 · Improved · 94 years left
113 sqmS$1,315,000S$11,637 psm
Aug 2026
Blk 228B · 5 ROOM · 10 TO 12 · Improved · 94 years left
113 sqmS$1,277,000S$11,301 psm
Jul 2026
Blk 228B · 5 ROOM · 13 TO 15 · Improved · 94 years left
113 sqmS$1,260,000S$11,150 psm
Jul 2026
Blk 228B · 4 ROOM · 13 TO 15 · Model A · 94 years left
93 sqmS$1,030,000S$11,075 psm
Jun 2026
Blk 228B · 5 ROOM · 04 TO 06 · Improved · 94 years left
113 sqmS$1,150,000S$10,177 psm
Jun 2026
Blk 228B · 4 ROOM · 10 TO 12 · Model A · 94 years left
93 sqmS$1,011,000S$10,871 psm
Jun 2026
Blk 228B · 4 ROOM · 19 TO 21 · Model A · 94 years left
93 sqmS$1,078,888S$11,601 psm
May 2026
Blk 228B · 5 ROOM · 10 TO 12 · Improved · 94 years left
113 sqmS$1,190,000S$10,531 psm
May 2026
Blk 228B · 4 ROOM · 01 TO 03 · Model A · 94 years left
93 sqmS$900,000S$9,677 psm
May 2026
Blk 228B · 4 ROOM · 25 TO 27 · Model A · 94 years left
93 sqmS$1,120,000S$12,043 psm
May 2026
Blk 228B · 4 ROOM · 04 TO 06 · Model A · 94 years left
93 sqmS$935,000S$10,054 psm
Apr 2026
Blk 228B · 5 ROOM · 07 TO 09 · Improved · 94 years left
113 sqmS$1,165,000S$10,310 psm
Apr 2026
Blk 228B · 5 ROOM · 10 TO 12 · Improved · 95 years left
113 sqmS$1,160,888S$10,273 psm
Apr 2026
Blk 228B · 5 ROOM · 16 TO 18 · Improved · 95 years left
excluded: outlier
113 sqmS$1,320,000S$11,681 psm
Apr 2026
Blk 228B · 4 ROOM · 10 TO 12 · Model A · 94 years left
93 sqmS$1,015,000S$10,914 psm
Mar 2026
Blk 228B · 5 ROOM · 04 TO 06 · Improved · 95 years left
113 sqmS$1,120,000S$9,912 psm
Mar 2026
Blk 228B · 5 ROOM · 16 TO 18 · Improved · 95 years left
113 sqmS$1,220,000S$10,796 psm
Mar 2026
Blk 228B · 5 ROOM · 22 TO 24 · Improved · 95 years left
113 sqmS$1,200,000S$10,619 psm
Mar 2026
Blk 228B · 4 ROOM · 16 TO 18 · Model A · 95 years left
93 sqmS$1,028,000S$11,054 psm
Mar 2026
Blk 228B · 4 ROOM · 07 TO 09 · Model A · 95 years left
93 sqmS$972,000S$10,452 psm
Feb 2026
Blk 228B · 5 ROOM · 10 TO 12 · Improved · 95 years left
113 sqmS$1,160,000S$10,265 psm
Feb 2026
Blk 228B · 5 ROOM · 07 TO 09 · Improved · 95 years left
113 sqmS$1,155,000S$10,221 psm
Feb 2026
Blk 228B · 4 ROOM · 22 TO 24 · Model A · 95 years left
93 sqmS$1,075,000S$11,559 psm
Jan 2026
Blk 228B · 4 ROOM · 22 TO 24 · Model A · 95 years left
93 sqmS$1,060,000S$11,398 psm

Sale prices as filed in caveats.

Where the lease takes this

About 93 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years88 yearsS$1,131,334S$1,249,084S$1,352,782S$1,376,441
10 years83 yearsS$1,062,233S$1,294,856S$1,518,776S$1,572,364
20 years73 yearsS$936,983S$1,392,308S$1,915,490S$2,053,045

On a flat market the lease alone costs 21% over 20 years. Prices would need to rise about 1.2% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.