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Block 407 Serangoon Avenue 1

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$920,000
Jul 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$6,422
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 22%
#51 / 227 Top 22%
Latest Sale ?
Top 20%
#45 / 227 Top 20%
Value ($/sqm) ?
Top 15%
#33 / 227 Top 15%
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 8 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.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2025 10 TO 12 4 ROOM 109 sqm $920,000 $8,440
Feb 2025 10 TO 12 4 ROOM 106 sqm $743,000 $7,009
Feb 2025 07 TO 09 4 ROOM 109 sqm $910,000 $8,349
Feb 2025 13 TO 15 4 ROOM 113 sqm $938,000 $8,301
Dec 2024 04 TO 06 5 ROOM 132 sqm $1,060,000 $8,030
Nov 2024 07 TO 09 4 ROOM 106 sqm $890,000 $8,396
Jun 2024 07 TO 09 4 ROOM 104 sqm $810,000 $7,788
Apr 2024 07 TO 09 4 ROOM 96 sqm $685,000 $7,135
Feb 2024 10 TO 12 4 ROOM 103 sqm $753,288 $7,313
Jul 2023 04 TO 06 4 ROOM 106 sqm $680,000 $6,415
Apr 2023 04 TO 06 4 ROOM 109 sqm $700,000 $6,422
Jan 2023 04 TO 06 4 ROOM 106 sqm $750,000 $7,075
May 2022 07 TO 09 5 ROOM 131 sqm $810,000 $6,183
Apr 2022 10 TO 12 4 ROOM 106 sqm $650,000 $6,132
Nov 2020 10 TO 12 4 ROOM 105 sqm $560,000 $5,333
Nov 2020 04 TO 06 4 ROOM 103 sqm $560,000 $5,437
Jan 2020 10 TO 12 4 ROOM 106 sqm $628,000 $5,925
Jul 2018 10 TO 12 4 ROOM 106 sqm $640,000 $6,038
Nov 2017 07 TO 09 4 ROOM 106 sqm $608,000 $5,736
Jan 2017 04 TO 06 4 ROOM 109 sqm $560,000 $5,138
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 407 Serangoon Avenue 1

Block 407 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 $560,000 to $1,060,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $920,000 in 2025-07. The current median price per square metre is $6,422. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8842, 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 407 Serangoon Avenue 1 worth?

The most recent resale transaction at Block 407 Serangoon Avenue 1 was $920,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $6,422, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 407 Serangoon Avenue 1?

Block 407 Serangoon Avenue 1 was built in 1989 and has approximately 62 years and 8 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 407 Serangoon Avenue 1?

Block 407 Serangoon Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $560,000 to $1,060,000 based on historical transaction records from data.gov.sg.

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