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Block 223 Serangoon Avenue 4

3 Room · 4 Room · Built 1984 · 59 years remaining lease MOP Cleared
Latest Sale
$680,000
Jan 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$5,117
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +62.7%
Median price change
Median Price ?
Top 86%
#195 / 227 Top 86%
Latest Sale ?
Top 48%
#109 / 227 Top 48%
Value ($/sqm) ?
Top 59%
#135 / 227 Top 59%
5-Year Growth ?
Top 3%
#5 / 150 Top 3%
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
+10.2%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +62.7% growth over 5 years
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 59 years remaining 99 years
59 years 1 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.53%/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
Jan 2025 07 TO 09 4 ROOM 94 sqm $680,000 $7,234
Aug 2024 04 TO 06 4 ROOM 94 sqm $600,000 $6,383
Aug 2024 07 TO 09 4 ROOM 92 sqm $638,000 $6,935
Jun 2024 10 TO 12 3 ROOM 67 sqm $440,000 $6,567
Apr 2024 01 TO 03 3 ROOM 67 sqm $390,000 $5,821
Aug 2023 07 TO 09 3 ROOM 67 sqm $415,888 $6,207
Jun 2023 01 TO 03 3 ROOM 72 sqm $420,000 $5,833
May 2023 07 TO 09 4 ROOM 99 sqm $605,000 $6,111
Apr 2023 07 TO 09 4 ROOM 96 sqm $610,000 $6,354
Mar 2023 04 TO 06 3 ROOM 67 sqm $385,000 $5,746
Mar 2023 01 TO 03 3 ROOM 67 sqm $399,999 $5,970
Jan 2023 04 TO 06 4 ROOM 92 sqm $480,000 $5,217
Mar 2022 07 TO 09 3 ROOM 67 sqm $375,000 $5,597
Jan 2022 07 TO 09 3 ROOM 67 sqm $340,000 $5,075
Jan 2022 01 TO 03 3 ROOM 67 sqm $341,500 $5,097
May 2021 01 TO 03 4 ROOM 92 sqm $418,000 $4,543
Oct 2020 01 TO 03 3 ROOM 72 sqm $273,000 $3,792
Oct 2020 07 TO 09 3 ROOM 67 sqm $308,000 $4,597
Oct 2020 10 TO 12 4 ROOM 94 sqm $430,000 $4,574
Sep 2020 01 TO 03 3 ROOM 67 sqm $290,000 $4,328
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 223 Serangoon Avenue 4

Block 223 at Serangoon Avenue 4 is a residential HDB block in Serangoon, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $273,000 to $680,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $680,000 in 2025-01. The current median price per square metre is $5,117. Over the past five years, resale prices at this block have increased by approximately 62.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8690, with an annual lease decay rate of approximately 0.53%. 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 223 Serangoon Avenue 4 worth?

The most recent resale transaction at Block 223 Serangoon Avenue 4 was $680,000 for a 4 room flat in 2025-01. The median price per square metre across all flat types is $5,117, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 223 Serangoon Avenue 4?

Block 223 Serangoon Avenue 4 was built in 1984 and has approximately 59 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 223 Serangoon Avenue 4?

Block 223 Serangoon Avenue 4 in Serangoon contains 3 room, 4 room flats. Resale prices range from $273,000 to $680,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 223 Serangoon Avenue 4 gone up or down?

Resale prices at Block 223 Serangoon Avenue 4 have increased by approximately 62.7% over the past five years. The current median price is $390,000, with the most recent sale at $680,000 in 2025-01.

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