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Block 118 Serangoon North Avenue 1

4 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$598,000
Dec 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$4,341
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +59.5%
Median price change
Median Price ?
Top 85%
#193 / 227 Top 85%
Latest Sale ?
Top 67%
#152 / 227 Top 67%
Value ($/sqm) ?
Top 85%
#193 / 227 Top 85%
5-Year Growth ?
Top 4%
#6 / 150 Top 4%
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
+9.8%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +59.5% 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 2 months
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
Dec 2025 04 TO 06 4 ROOM 91 sqm $598,000 $6,571
Sep 2025 10 TO 12 4 ROOM 91 sqm $550,000 $6,044
Jul 2025 10 TO 12 4 ROOM 93 sqm $600,000 $6,452
Dec 2024 10 TO 12 4 ROOM 91 sqm $560,000 $6,154
Sep 2024 13 TO 15 4 ROOM 93 sqm $560,000 $6,022
Oct 2023 04 TO 06 4 ROOM 91 sqm $495,000 $5,440
Apr 2023 07 TO 09 4 ROOM 91 sqm $468,000 $5,143
May 2021 04 TO 06 4 ROOM 91 sqm $375,000 $4,121
Apr 2021 01 TO 03 4 ROOM 91 sqm $370,000 $4,066
Feb 2021 04 TO 06 4 ROOM 91 sqm $380,000 $4,176
Jul 2020 04 TO 06 4 ROOM 91 sqm $338,000 $3,714
Jan 2019 04 TO 06 4 ROOM 91 sqm $300,000 $3,297
Oct 2018 01 TO 03 4 ROOM 91 sqm $330,000 $3,626
Sep 2018 10 TO 12 4 ROOM 91 sqm $375,000 $4,121
Apr 2018 07 TO 09 4 ROOM 93 sqm $370,000 $3,978
Nov 2017 13 TO 15 4 ROOM 93 sqm $410,000 $4,409
Mar 2017 13 TO 15 4 ROOM 91 sqm $395,000 $4,341
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 118 Serangoon North Avenue 1

Block 118 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 flats, with resale prices ranging from $300,000 to $600,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $598,000 in 2025-12. The current median price per square metre is $4,341. Over the past five years, resale prices at this block have increased by approximately 59.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8694, 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 118 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 118 Serangoon North Avenue 1 was $598,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,341, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 118 Serangoon North Avenue 1?

Block 118 Serangoon North Avenue 1 was built in 1986 and has approximately 59 years and 2 months 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 118 Serangoon North Avenue 1?

Block 118 Serangoon North Avenue 1 in Serangoon contains 4 room flats. Resale prices range from $300,000 to $600,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 118 Serangoon North Avenue 1 gone up or down?

Resale prices at Block 118 Serangoon North Avenue 1 have increased by approximately 59.5% over the past five years. The current median price is $395,000, with the most recent sale at $598,000 in 2025-12.

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