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Block 403 Serangoon Avenue 1

4 Room · 5 Room · Built 1988 · 64 years remaining lease MOP Cleared
Latest Sale
$793,000
Nov 2023 · 4 ROOM · Floor 10-12
Median $/sqm
$5,979
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 27%
#62 / 227 Top 27%
Latest Sale ?
Top 32%
#73 / 227 Top 32%
Value ($/sqm) ?
Top 33%
#74 / 227 Top 33%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.43%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 64 years remaining 99 years
64 years 2 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2023 10 TO 12 4 ROOM 113 sqm $793,000 $7,018
Jul 2022 01 TO 03 4 ROOM 105 sqm $615,000 $5,857
Dec 2021 10 TO 12 4 ROOM 103 sqm $620,888 $6,028
Nov 2021 07 TO 09 5 ROOM 121 sqm $750,000 $6,198
Sep 2020 04 TO 06 5 ROOM 121 sqm $670,000 $5,537
Aug 2020 04 TO 06 4 ROOM 103 sqm $578,000 $5,612
Apr 2019 07 TO 09 4 ROOM 113 sqm $670,000 $5,929
Apr 2018 04 TO 06 4 ROOM 105 sqm $668,000 $6,362
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 403 Serangoon Avenue 1

Block 403 at Serangoon Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1988 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $578,000 to $793,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $793,000 in 2023-11. The current median price per square metre is $5,979. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8900, with an annual lease decay rate of approximately 0.43%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 403 Serangoon Avenue 1 worth?

The most recent resale transaction at Block 403 Serangoon Avenue 1 was $793,000 for a 4 room flat in 2023-11. The median price per square metre across all flat types is $5,979, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 403 Serangoon Avenue 1?

Block 403 Serangoon Avenue 1 was built in 1988 and has approximately 64 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 403 Serangoon Avenue 1?

Block 403 Serangoon Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $578,000 to $793,000 based on historical transaction records from data.gov.sg.

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