Skip to content

Block 408 Serangoon Avenue 1

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$1,090,000
Jul 2025 · 5 ROOM · Floor 07-09
Median $/sqm
$6,307
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 15%
#34 / 227 Top 15%
Latest Sale ?
Top 6%
#14 / 227 Top 6%
Value ($/sqm) ?
Top 19%
#44 / 227 Top 19%
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 7 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 07 TO 09 5 ROOM 121 sqm $1,090,000 $9,008
Sep 2023 07 TO 09 5 ROOM 121 sqm $868,000 $7,174
Mar 2023 04 TO 06 4 ROOM 113 sqm $770,000 $6,814
Aug 2022 13 TO 15 4 ROOM 113 sqm $785,000 $6,947
Jul 2022 01 TO 03 5 ROOM 121 sqm $856,000 $7,074
May 2022 07 TO 09 4 ROOM 111 sqm $756,888 $6,819
Feb 2022 04 TO 06 4 ROOM 113 sqm $712,888 $6,309
Feb 2021 01 TO 03 4 ROOM 105 sqm $570,000 $5,429
Mar 2019 01 TO 03 4 ROOM 111 sqm $663,000 $5,973
Jan 2019 13 TO 15 5 ROOM 121 sqm $720,000 $5,950
May 2018 10 TO 12 5 ROOM 121 sqm $763,000 $6,306
Oct 2017 04 TO 06 4 ROOM 111 sqm $618,000 $5,568
Jun 2017 10 TO 12 4 ROOM 103 sqm $535,000 $5,194
Mar 2017 01 TO 03 4 ROOM 105 sqm $550,000 $5,238
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 408 Serangoon Avenue 1

Block 408 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 $535,000 to $1,090,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $1,090,000 in 2025-07. The current median price per square metre is $6,307. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8839, 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 408 Serangoon Avenue 1 worth?

The most recent resale transaction at Block 408 Serangoon Avenue 1 was $1,090,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $6,307, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 408 Serangoon Avenue 1?

Block 408 Serangoon Avenue 1 was built in 1989 and has approximately 62 years and 7 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 408 Serangoon Avenue 1?

Block 408 Serangoon Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $535,000 to $1,090,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard