Block 116 Serangoon North Avenue 1
Block 116 Serangoon North Avenue 1 has 20 recorded HDB resale transactions since 2017. Latest sale: $728,000 (May 2025, 5 room, floors 10–12). Median $4,797/sqm. Prices up 27.7% over the past five years. Built 1986, 59 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Serangoon average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,400 typically $3,100–$3,700 | 6.2% | Serangoon avg · block too thin |
| 5-Room | $3,600 typically $3,400–$3,900 | 5.3% | Serangoon avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 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| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2025 | 10 TO 12 | 5 ROOM | 121 sqm | $728,000 | $6,017 |
| Oct 2024 | 04 TO 06 | 4 ROOM | 98 sqm | $540,000 | $5,510 |
| May 2024 | 13 TO 15 | 5 ROOM | 121 sqm | $685,888 | $5,668 |
| Feb 2024 | 07 TO 09 | 5 ROOM | 121 sqm | $670,000 | $5,537 |
| Oct 2023 | 10 TO 12 | 4 ROOM | 98 sqm | $490,000 | $5,000 |
| Aug 2023 | 13 TO 15 | 5 ROOM | 121 sqm | $662,000 | $5,471 |
| Apr 2023 | 07 TO 09 | 5 ROOM | 121 sqm | $646,000 | $5,339 |
| Mar 2023 | 07 TO 09 | 5 ROOM | 123 sqm | $620,000 | $5,041 |
| Dec 2022 | 07 TO 09 | 5 ROOM | 121 sqm | $640,000 | $5,289 |
| Aug 2022 | 07 TO 09 | 5 ROOM | 121 sqm | $583,888 | $4,826 |
| Jul 2022 | 10 TO 12 | 5 ROOM | 121 sqm | $577,000 | $4,769 |
| Mar 2022 | 04 TO 06 | 5 ROOM | 121 sqm | $538,888 | $4,454 |
| Sep 2021 | 13 TO 15 | 5 ROOM | 121 sqm | $570,000 | $4,711 |
| Dec 2020 | 04 TO 06 | 5 ROOM | 121 sqm | $495,000 | $4,091 |
| Oct 2020 | 01 TO 03 | 5 ROOM | 121 sqm | $473,000 | $3,909 |
| Jun 2020 | 04 TO 06 | 5 ROOM | 121 sqm | $465,000 | $3,843 |
| Mar 2020 | 07 TO 09 | 4 ROOM | 98 sqm | $345,000 | $3,520 |
| Feb 2020 | 04 TO 06 | 5 ROOM | 121 sqm | $469,000 | $3,876 |
| Oct 2019 | 04 TO 06 | 5 ROOM | 123 sqm | $462,500 | $3,760 |
| Nov 2017 | 07 TO 09 | 5 ROOM | 121 sqm | $438,800 | $3,626 |
About Block 116 Serangoon North Avenue 1
Block 116 at Serangoon North Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $345,000 to $728,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $728,000 in 2025-05. The current median price per square metre is $4,797. Over the past five years, resale prices at this block have increased by approximately 27.7%. 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 116 Serangoon North Avenue 1 worth?
The most recent resale transaction at Block 116 Serangoon North Avenue 1 was $728,000 for a 5 room flat in 2025-05. The median price per square metre across all flat types is $4,797, based on 20 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 116 Serangoon North Avenue 1?
Block 116 Serangoon North Avenue 1 was built in 1986 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 116 Serangoon North Avenue 1?
Block 116 Serangoon North Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $345,000 to $728,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 116 Serangoon North Avenue 1 gone up or down?
Resale prices at Block 116 Serangoon North Avenue 1 have increased by approximately 27.7% over the past five years. The current median price is $555,000, with the most recent sale at $728,000 in 2025-05.