Skip to content

Block 224 Serangoon Avenue 4

4 Room · Built 1984 · 59 years remaining lease · Updated Aug 2024 MOP Cleared

Block 224 Serangoon Avenue 4 has 16 recorded HDB resale transactions since 2017. Latest sale: $620,000 (Aug 2024, 4 room, floors 04–06). Median $5,264/sqm. Built 1984, 59 years lease remaining.

Latest Sale
$620,000
Aug 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$5,264
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 61%
#139 / 227 Top 61%
Latest Sale ?
Top 63%
#143 / 227 Top 63%
Value ($/sqm) ?
Top 56%
#126 / 227 Top 56%
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
−0.53%/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 59 years remaining 99 years
59 years
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,200–$3,550 6.6% 7 rentals here
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 3 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
Aug 2024 04 TO 06 4 ROOM 93 sqm $620,000 $6,667
Jan 2024 13 TO 15 4 ROOM 91 sqm $618,000 $6,791
Dec 2023 10 TO 12 4 ROOM 91 sqm $625,000 $6,868
Nov 2023 07 TO 09 4 ROOM 91 sqm $580,000 $6,374
Nov 2023 10 TO 12 4 ROOM 91 sqm $582,000 $6,396
Jun 2023 10 TO 12 4 ROOM 96 sqm $580,000 $6,042
Jan 2023 07 TO 09 4 ROOM 91 sqm $545,000 $5,989
Feb 2022 07 TO 09 4 ROOM 91 sqm $478,000 $5,253
Jul 2021 10 TO 12 4 ROOM 91 sqm $480,000 $5,275
Jan 2021 01 TO 03 4 ROOM 91 sqm $395,000 $4,341
Sep 2020 01 TO 03 4 ROOM 91 sqm $395,000 $4,341
Aug 2020 10 TO 12 4 ROOM 91 sqm $460,000 $5,055
Jan 2020 04 TO 06 4 ROOM 105 sqm $515,000 $4,905
Mar 2018 07 TO 09 4 ROOM 91 sqm $465,000 $5,110
Jun 2017 10 TO 12 4 ROOM 105 sqm $478,000 $4,552
Feb 2017 07 TO 09 4 ROOM 91 sqm $448,000 $4,923
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 224 Serangoon Avenue 4

Block 224 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 4 room flats, with resale prices ranging from $395,000 to $625,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $620,000 in 2024-08. The current median price per square metre is $5,264. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8686, 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 224 Serangoon Avenue 4 worth?

The most recent resale transaction at Block 224 Serangoon Avenue 4 was $620,000 for a 4 room flat in 2024-08. The median price per square metre across all flat types is $5,264, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 224 Serangoon Avenue 4?

Block 224 Serangoon Avenue 4 was built in 1984 and has approximately 59 years 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 224 Serangoon Avenue 4?

Block 224 Serangoon Avenue 4 in Serangoon contains 4 room flats. Resale prices range from $395,000 to $625,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard