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Block 229 Serangoon Avenue 4

4 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$680,000
Feb 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$5,637
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +29.2%
Median price change
Median Price ?
Top 54%
#123 / 227 Top 54%
Latest Sale ?
Top 48%
#110 / 227 Top 48%
Value ($/sqm) ?
Top 43%
#97 / 227 Top 43%
5-Year Growth ?
Top 77%
#115 / 150 Top 77%
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
+5.3%/yr
vs
Lease Decay
−0.56%/yr
Growth assumption
Based on this block’s +29.2% 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 57 years remaining 99 years
57 years 5 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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
Feb 2026 10 TO 12 4 ROOM 91 sqm $680,000 $7,473
Aug 2025 07 TO 09 4 ROOM 91 sqm $620,000 $6,813
Jan 2025 01 TO 03 4 ROOM 91 sqm $595,000 $6,538
Jul 2024 13 TO 15 4 ROOM 91 sqm $625,000 $6,868
Dec 2023 07 TO 09 4 ROOM 91 sqm $550,000 $6,044
Sep 2023 04 TO 06 4 ROOM 91 sqm $513,000 $5,637
Mar 2023 07 TO 09 4 ROOM 93 sqm $535,000 $5,753
Sep 2022 04 TO 06 4 ROOM 91 sqm $515,000 $5,659
Apr 2022 07 TO 09 4 ROOM 91 sqm $522,000 $5,736
Sep 2021 01 TO 03 4 ROOM 91 sqm $514,000 $5,648
May 2021 04 TO 06 4 ROOM 91 sqm $450,000 $4,945
Mar 2021 07 TO 09 4 ROOM 91 sqm $480,000 $5,275
Jan 2020 10 TO 12 4 ROOM 91 sqm $388,000 $4,264
Nov 2019 04 TO 06 4 ROOM 93 sqm $445,000 $4,785
Oct 2019 07 TO 09 4 ROOM 91 sqm $410,000 $4,505
Oct 2019 10 TO 12 4 ROOM 91 sqm $447,000 $4,912
Aug 2018 13 TO 15 4 ROOM 91 sqm $480,000 $5,275
Jul 2017 04 TO 06 4 ROOM 91 sqm $428,000 $4,703
Jul 2017 07 TO 09 4 ROOM 91 sqm $435,000 $4,780
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 229 Serangoon Avenue 4

Block 229 at Serangoon Avenue 4 is a residential HDB block in Serangoon, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $388,000 to $680,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $680,000 in 2026-02. The current median price per square metre is $5,637. Over the past five years, resale prices at this block have increased by approximately 29.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8613, with an annual lease decay rate of approximately 0.56%. 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 229 Serangoon Avenue 4 worth?

The most recent resale transaction at Block 229 Serangoon Avenue 4 was $680,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $5,637, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 229 Serangoon Avenue 4?

Block 229 Serangoon Avenue 4 was built in 1984 and has approximately 57 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 229 Serangoon Avenue 4?

Block 229 Serangoon Avenue 4 in Serangoon contains 4 room flats. Resale prices range from $388,000 to $680,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 229 Serangoon Avenue 4 gone up or down?

Resale prices at Block 229 Serangoon Avenue 4 have increased by approximately 29.2% over the past five years. The current median price is $513,000, with the most recent sale at $680,000 in 2026-02.

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