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Block 119 Serangoon North Avenue 1

Executive · Built 1984 · 59 years remaining lease MOP Cleared
Latest Sale
$925,000
Jul 2024 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,871
Based on 4 transactions
Total Transactions
4
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 5%
#12 / 227 Top 5%
Latest Sale ?
Top 19%
#44 / 227 Top 19%
Value ($/sqm) ?
Top 37%
#83 / 227 Top 37%
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
−0.52%/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 6 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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 EXECUTIVE 150 sqm $925,000 $6,167
Mar 2024 01 TO 03 EXECUTIVE 148 sqm $910,888 $6,155
Aug 2023 01 TO 03 EXECUTIVE 153 sqm $855,000 $5,588
Sep 2021 01 TO 03 EXECUTIVE 150 sqm $760,000 $5,067
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 119 Serangoon North Avenue 1

Block 119 at Serangoon North Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $760,000 to $925,000 based on 4 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $925,000 in 2024-07. The current median price per square metre is $5,871. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8709, with an annual lease decay rate of approximately 0.52%. 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 119 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 119 Serangoon North Avenue 1 was $925,000 for a executive flat in 2024-07. The median price per square metre across all flat types is $5,871, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 119 Serangoon North Avenue 1?

Block 119 Serangoon North Avenue 1 was built in 1984 and has approximately 59 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 119 Serangoon North Avenue 1?

Block 119 Serangoon North Avenue 1 in Serangoon contains executive flats. Resale prices range from $760,000 to $925,000 based on historical transaction records from data.gov.sg.

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