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Block 116 Serangoon North Avenue 1

4 Room · 5 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$728,000
May 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$4,797
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +27.7%
Median price change
Median Price ?
Top 41%
#92 / 227 Top 41%
Latest Sale ?
Top 43%
#97 / 227 Top 43%
Value ($/sqm) ?
Top 73%
#165 / 227 Top 73%
5-Year Growth ?
Top 79%
#118 / 150 Top 79%
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%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Based on this block’s +27.7% 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 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
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
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

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.

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