Skip to content

Block 405 Serangoon Avenue 1

4 Room · 5 Room · Built 1989 · 62 years remaining lease · Updated May 2025 MOP Cleared

Block 405 Serangoon Avenue 1 has 16 recorded HDB resale transactions since 2017. Latest sale: $990,000 (May 2025, 5 room, floors 04–06). Median $6,374/sqm. Built 1989, 62 years lease remaining.

Latest Sale
$990,000
May 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$6,374
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 19%
#43 / 227 Top 19%
Latest Sale ?
Top 11%
#26 / 227 Top 11%
Value ($/sqm) ?
Top 16%
#37 / 227 Top 16%
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
−0.46%/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 62 years remaining 99 years
62 years 10 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Serangoon average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,100–$3,700 6.2% Serangoon avg · block too thin
5-Room $3,600 typically $3,400–$3,900 5.3% Serangoon avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2025 04 TO 06 5 ROOM 123 sqm $990,000 $8,049
Oct 2024 04 TO 06 4 ROOM 94 sqm $708,000 $7,532
Sep 2024 07 TO 09 5 ROOM 121 sqm $975,000 $8,058
Jul 2024 04 TO 06 4 ROOM 103 sqm $822,888 $7,989
Jun 2024 01 TO 03 5 ROOM 121 sqm $790,000 $6,529
May 2024 04 TO 06 4 ROOM 94 sqm $718,000 $7,638
Feb 2024 10 TO 12 4 ROOM 111 sqm $848,666 $7,646
Mar 2023 01 TO 03 4 ROOM 111 sqm $670,000 $6,036
Jan 2023 01 TO 03 5 ROOM 123 sqm $765,000 $6,220
Jun 2022 10 TO 12 4 ROOM 113 sqm $739,888 $6,548
May 2021 04 TO 06 4 ROOM 111 sqm $623,888 $5,621
Oct 2020 10 TO 12 5 ROOM 123 sqm $715,000 $5,813
Aug 2019 10 TO 12 4 ROOM 103 sqm $540,000 $5,243
Aug 2019 07 TO 09 4 ROOM 113 sqm $560,000 $4,956
Mar 2019 04 TO 06 4 ROOM 103 sqm $470,000 $4,563
Feb 2018 04 TO 06 4 ROOM 111 sqm $632,000 $5,694
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 405 Serangoon Avenue 1

Block 405 at Serangoon Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $470,000 to $990,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $990,000 in 2025-05. The current median price per square metre is $6,374. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8849, with an annual lease decay rate of approximately 0.46%. 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 405 Serangoon Avenue 1 worth?

The most recent resale transaction at Block 405 Serangoon Avenue 1 was $990,000 for a 5 room flat in 2025-05. The median price per square metre across all flat types is $6,374, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 405 Serangoon Avenue 1?

Block 405 Serangoon Avenue 1 was built in 1989 and has approximately 62 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 405 Serangoon Avenue 1?

Block 405 Serangoon Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $470,000 to $990,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard