HDBOCRPunggol

Block 623B Punggol Ctrl

623B Punggol Ctrl, Singapore 822623

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (HDB)
Quick Summary

Block 623B Punggol Ctrl is an HDB block in Punggol, completed in 2012, with 136 dwelling units. Across 61 resales on record, 2-Room flats have recently resold around S$488k (S$664 psf, 69 sqm). The lease has approximately 87 years remaining.

1

What are the key facts about Block 623B Punggol Ctrl?

Key Takeaway

Block 623B Punggol Ctrl is an HDB block in Punggol, completed in 2012, with 136 dwelling units.

Town
Punggol
Planning area
Punggol
Completed
2012
Storeys
18
Total units
136
Flat model
Model A · 2-Room
Market segment
OCR
Median resale
S$488k
Last transacted
Jun 2026
Remaining lease
≈ 87 years
2

What are resale prices at Block 623B Punggol Ctrl?

Key Takeaway

2-Room flats have recently resold around S$488k (S$664 psf), from 61 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
2-Room17S$320,000recent46 sqmS$646 psf
3-Room21S$445,000recent69 sqmS$599 psf
4-Room23S$585,000recent94 sqmS$572 psf

Live now: 4 flats listed for sale at this block (median asking S$655k) and 2 for rent search all listings.

“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Jun 2026.

3

What rent and yield does Block 623B Punggol Ctrl get?

Key Takeaway

Flats at Block 623B Punggol Ctrl have recently sublet for a median of S$2,200/mo, an indicative gross rental yield of about 5.4% (from 23 recent rental contracts).

Median rent

S$2,200/mo

23 recent contracts

Gross rental yield

5.4%

indicative, gross

Annual rent

S$26,400

median × 12 months

Flat typeContractsMedian rent
2-Room12S$2,200/mo
3-Room6S$2,500/mo
4-Room5S$2,200/mo

HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Mar 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 623B Punggol Ctrl?

Key Takeaway

Block 623B Punggol Ctrl has 61 recorded resales; the most recent transacted at S$635,000 in Jun 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jun 20264-Room10 TO 1295 sqmS$635,000
Feb 20263-Room04 TO 0669 sqmS$525,000
Aug 20254-Room16 TO 1894 sqmS$703,888
Jun 20253-Room13 TO 1569 sqmS$580,000
Apr 20254-Room16 TO 1894 sqmS$671,888
Feb 20252-Room10 TO 1246 sqmS$378,000
Jan 20254-Room13 TO 1594 sqmS$668,000
Dec 20242-Room04 TO 0646 sqmS$345,000
Mar 20242-Room01 TO 0346 sqmS$320,000
Nov 20232-Room16 TO 1846 sqmS$360,000
Oct 20232-Room01 TO 0347 sqmS$300,000
Sept 20233-Room13 TO 1569 sqmS$488,000
5

What flat types are in Block 623B Punggol Ctrl?

Key Takeaway

Block 623B Punggol Ctrl has 136 units, mostly 2-Room flats of the Model A / 2-Room model.

Unit stock by flat type, from the HDB property information dataset.

2-Room: 514-Room: 513-Room: 34
6

Where is Block 623B Punggol Ctrl?

Key Takeaway

Block 623B Punggol Ctrl is an HDB block in Punggol.

Block 623B Punggol Ctrl is an HDB block located along Punggol Ctrl. The block is recorded as completed around 2012, with up to 18 storeys. It has an estimated 136 residential units based on the HDB property information dataset. Flat types in the block include 2-room, 3-room, and 4-room units.

The address is Block 623B Punggol Ctrl, Singapore 822623. It is part of District 19, Serangoon Garden / Hougang / Punggol, the Punggol planning area. The block falls within the North-East Region and the OCR market segment.

The nearest rail connection is Oasis LRT, approximately 340m away, around 5 minutes on foot. Nearby amenities include Rivervale Mall for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Punggol Polyclinic for polyclinic services.

7

How far is Block 623B Punggol Ctrl from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 623B Punggol Ctrl is Oasis LRT, about 340 m away (~5 min walk). 9 schools are within 1 km, including 7 primary schools.

Getting around

Schools nearby

Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Horizon Primary SchoolPrimary schoolwithin 1 km · P1 priority176 m
  • Greendale Secondary SchoolSecondary schoolwithin 1 km267 m
  • Greendale Primary SchoolPrimary schoolwithin 1 km · P1 priority325 m
  • Punggol Secondary SchoolSecondary schoolwithin 1 km418 m
  • Edgefield Primary SchoolPrimary schoolwithin 1 km · P1 priority451 m
  • Oasis Primary SchoolPrimary schoolwithin 1 km · P1 priority591 m
  • Mee Toh SchoolPrimary schoolwithin 1 km · P1 priority639 m
  • Waterway Primary SchoolPrimary schoolwithin 1 km · P1 priority757 m

Shops, food & parks

Mall: Rivervale Mall · 1.1 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 195 m

Straight-line distances from the block. Source: PropKaki amenities data.

8

What does it cost to buy a flat at Block 623B Punggol Ctrl?

Key Takeaway

Buying a flat at Block 623B Punggol Ctrl (~S$488k) needs about S$3,890/mo in income and S$1,832/mo in repayments, after S$9,240 stamp duty and a S$122k downpayment.

Illustrative, for a buyer at the recent median resale price (S$488k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$9,240

BSD, tiered

Downpayment (25%)

S$122k

cash + CPF

Monthly instalment

S$1,832/mo

25y @ 3.5%

Income required

S$3,890/mo

MSR/TDSR @ stress rate

First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.

Wondering whether it will hold its value? See do HDB flats actually make money? →

Keep going in the PropKaki app

Eyeing Block 623B Punggol Ctrl? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 623B Punggol Ctrl sold for recently?

Recent sales at Block 623B Punggol Ctrl land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 623B Punggol Ctrl

How much does a 2-Room flat at Block 623B Punggol Ctrl cost?

2-Room flats at Block 623B Punggol Ctrl have recently resold for a median of about S$488k (S$664 psf), from 61 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 623B Punggol Ctrl by flat type?

2-Room ≈ S$320k; 3-Room ≈ S$445k; 4-Room ≈ S$585k (median resale, HDB caveats).

Is Block 623B Punggol Ctrl worth buying given its remaining lease?

Block 623B Punggol Ctrl has about 87 years left on its 99-year lease (completed 2012). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.

What is the rental yield at Block 623B Punggol Ctrl?

Gross rental yield at Block 623B Punggol Ctrl is about 5.4%, based on a median subletting rent of about S$2,200/mo against a resale price of about S$488k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.

How much do I need to earn to buy a flat at Block 623B Punggol Ctrl?

For a flat at about S$488k on a 25-year HDB-style loan, you'd need roughly S$3,890/mo in household income, with repayments around S$1,832/mo after a S$122k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 623B Punggol Ctrl?

The nearest MRT/LRT station to Block 623B Punggol Ctrl is Oasis LRT, about 340 m away (~5 min walk).

Which primary schools are within 1 km of Block 623B Punggol Ctrl?

Horizon Primary School, Greendale Primary School, Edgefield Primary School, Oasis Primary School are within 1 km of Block 623B Punggol Ctrl — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp