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Block 224 Serangoon Avenue 4

4 Room · Built 1984 · 59 years remaining lease MOP Cleared
Latest Sale
$620,000
Aug 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$5,264
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 61%
#138 / 227 Top 61%
Latest Sale ?
Top 63%
#143 / 227 Top 63%
Value ($/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.
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.

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