Block 408 Serangoon Avenue 1
Block 408 Serangoon Avenue 1 has 15 recorded HDB resale transactions since 2017. Latest sale: $805,000 (May 2026, 4 room, floors 01–03). Median $6,309/sqm. Prices up 41.2% over the past five years. Built 1989, 61 years lease remaining.
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 |
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.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2026 | 01 TO 03 | 4 ROOM | 105 sqm | $805,000 | $7,667 |
| 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 |
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 61 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 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $805,000 in 2026-05. The current median price per square metre is $6,309. Over the past five years, resale prices at this block have increased by approximately 41.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8801, with an annual lease decay rate of approximately 0.48%. 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 $805,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $6,309, based on 15 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 61 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 0.48%, meaning the leasehold value decreases by approximately 0.48% 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.
Have HDB prices at Block 408 Serangoon Avenue 1 gone up or down?
Resale prices at Block 408 Serangoon Avenue 1 have increased by approximately 41.2% over the past five years. The current median price is $756,888, with the most recent sale at $805,000 in 2026-05.