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HDB · 570023

Blk 23 Sin Ming Rd

Project page · 99-year lease from 1973

Indicative value range
S$358,000 – S$388,850
Indicative mid S$366,555 · S$5,639 psm

Based on 5 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
Aug 2026Blk 2310 TO 1265 sqmS$358,000S$5,508 psm×1.000S$5,508 psm
Mar 2026Blk 2310 TO 1265 sqmS$437,000S$6,723 psm×0.997S$6,703 psm
Jan 2026Blk 2310 TO 1265 sqmS$300,000S$4,615 psm×0.997S$4,602 psm
Jan 2026Blk 2310 TO 1265 sqmS$390,000S$6,000 psm×0.997S$5,982 psm
Dec 2025Blk 2304 TO 0665 sqmS$368,000S$5,662 psm×0.996S$5,639 psm

How accurate is this estimate for Sin Ming Rd?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 18 sales in Sin Ming Rd since.

Median error
4.2%

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.

9.17% gross yield

S$33,600 of rent a year against the estimate above · 0.03 points below flats like it

Homes like this rent for about S$2,800 a month, the middle of 26 approvals in the last year.

Across Singapore, flats of this type with 40 to 49 years of lease left yield 9.20%, from 187 blocks. This town has too few such blocks to measure on its own.

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
Sept 2026243 ROOMS$3,300
Sept 2026223 ROOMS$3,000
Sept 2026233 ROOMS$2,200
Aug 2026223 ROOMS$3,000
Aug 2026243 ROOMS$2,800
Jul 2026243 ROOMS$3,100
Jul 2026223 ROOMS$2,800
Jul 2026223 ROOMS$2,600

median of 26 HDB rental approvals for 3 ROOM on Sin Ming Rd since 2025-10.

Buying or selling at S$366,555?

Buying: Stamp duty on S$366,555 · Cash and CPF needed on S$366,555 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$366,555.

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

Primary schools near 23 Sin Ming Rd

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
Aug 2026
Blk 23 · 3 ROOM · 10 TO 12 · Improved · 46 years left
65 sqmS$358,000S$5,508 psm
Mar 2026
Blk 23 · 3 ROOM · 10 TO 12 · Improved · 47 years left
65 sqmS$437,000S$6,723 psm
Jan 2026
Blk 23 · 3 ROOM · 10 TO 12 · Improved · 47 years left
65 sqmS$390,000S$6,000 psm
Jan 2026
Blk 23 · 3 ROOM · 10 TO 12 · Improved · 47 years left
65 sqmS$300,000S$4,615 psm
Dec 2025
Blk 23 · 3 ROOM · 04 TO 06 · Improved · 47 years left
65 sqmS$368,000S$5,662 psm
Jul 2024
Blk 23 · 3 ROOM · 07 TO 09 · Improved · 48 years left
65 sqmS$372,000S$5,723 psm
Mar 2024
Blk 23 · 3 ROOM · 01 TO 03 · Improved · 49 years left
65 sqmS$367,888S$5,660 psm
Sept 2023
Blk 23 · 3 ROOM · 07 TO 09 · Improved · 49 years left
65 sqmS$340,000S$5,231 psm
Jun 2023
Blk 23 · 3 ROOM · 10 TO 12 · Improved · 49 years left
65 sqmS$345,000S$5,308 psm
May 2023
Blk 23 · 3 ROOM · 01 TO 03 · Improved · 49 years left
65 sqmS$327,000S$5,031 psm
Jan 2023
Blk 23 · 3 ROOM · 07 TO 09 · Improved · 50 years left
65 sqmS$335,000S$5,154 psm
Jan 2023
Blk 23 · 3 ROOM · 04 TO 06 · Improved · 50 years left
65 sqmS$325,000S$5,000 psm
May 2022
Blk 23 · 3 ROOM · 10 TO 12 · Improved · 50 years left
65 sqmS$312,000S$4,800 psm
Oct 2021
Blk 23 · 3 ROOM · 04 TO 06 · Improved · 51 years left
65 sqmS$283,000S$4,354 psm
See more

Showing 14 of 63.

Sale prices as filed in caveats.

Where the lease takes this

About 45 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 years40 yearsS$345,201S$381,130S$412,771S$419,990
10 years35 yearsS$322,241S$392,810S$460,738S$476,995

On a flat market the lease alone costs 12% over 10 years. Prices would need to rise about 1.3% 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.