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Block 113 Serangoon North Avenue 1

3 Room · 4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$515,000
Jul 2024 · 4 ROOM · Floor 01-03
Median $/sqm
$3,889
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 98%
#222 / 227 Top 98%
Latest Sale ?
Top 82%
#187 / 227 Top 82%
Value ($/sqm) ?
Top 99%
#225 / 227 Top 99%
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
−0.51%/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 9 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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
Jul 2024 01 TO 03 4 ROOM 98 sqm $515,000 $5,255
Jul 2024 01 TO 03 4 ROOM 100 sqm $517,000 $5,170
May 2024 04 TO 06 3 ROOM 67 sqm $380,000 $5,672
May 2023 01 TO 03 3 ROOM 81 sqm $400,000 $4,938
Jan 2021 01 TO 03 4 ROOM 97 sqm $378,000 $3,897
Oct 2019 01 TO 03 3 ROOM 67 sqm $240,000 $3,582
May 2019 01 TO 03 3 ROOM 72 sqm $266,000 $3,694
Aug 2018 01 TO 03 3 ROOM 72 sqm $255,000 $3,542
Mar 2018 01 TO 03 3 ROOM 67 sqm $250,000 $3,731
Feb 2017 01 TO 03 3 ROOM 67 sqm $260,000 $3,881
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 113 Serangoon North Avenue 1

Block 113 at Serangoon North Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $240,000 to $517,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $515,000 in 2024-07. The current median price per square metre is $3,889. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8720, with an annual lease decay rate of approximately 0.51%. 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 113 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 113 Serangoon North Avenue 1 was $515,000 for a 4 room flat in 2024-07. The median price per square metre across all flat types is $3,889, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 113 Serangoon North Avenue 1?

Block 113 Serangoon North Avenue 1 was built in 1985 and has approximately 59 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 113 Serangoon North Avenue 1?

Block 113 Serangoon North Avenue 1 in Serangoon contains 3 room, 4 room flats. Resale prices range from $240,000 to $517,000 based on historical transaction records from data.gov.sg.

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