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Block 123 Serangoon North Avenue 1

Executive · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$1,050,000
May 2025 · EXECUTIVE · Floor 10-12
Median $/sqm
$4,720
Based on 45 transactions
Total Transactions
45
Since Jan 2017
5-Year Trend
▲ +38.2%
Median price change
Median Price ?
Top 21%
#48 / 227 Top 21%
Latest Sale ?
Top 8%
#19 / 227 Top 8%
Value ($/sqm) ?
Top 75%
#170 / 227 Top 75%
5-Year Growth ?
Top 44%
#66 / 150 Top 44%
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
+6.7%/yr
vs
Lease Decay
−0.52%/yr
Growth assumption
Based on this block’s +38.2% 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 5 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
May 2025 10 TO 12 EXECUTIVE 150 sqm $1,050,000 $7,000
Dec 2024 10 TO 12 EXECUTIVE 150 sqm $980,000 $6,533
Nov 2024 04 TO 06 EXECUTIVE 150 sqm $970,000 $6,467
Jul 2024 01 TO 03 EXECUTIVE 150 sqm $855,000 $5,700
Jun 2024 07 TO 09 EXECUTIVE 150 sqm $928,000 $6,187
Sep 2023 07 TO 09 EXECUTIVE 150 sqm $880,000 $5,867
Sep 2023 01 TO 03 EXECUTIVE 150 sqm $908,000 $6,053
Sep 2023 10 TO 12 EXECUTIVE 155 sqm $920,000 $5,935
Feb 2023 07 TO 09 EXECUTIVE 150 sqm $870,000 $5,800
Aug 2022 10 TO 12 EXECUTIVE 150 sqm $940,000 $6,267
May 2022 01 TO 03 EXECUTIVE 150 sqm $750,000 $5,000
May 2022 07 TO 09 EXECUTIVE 150 sqm $850,000 $5,667
Dec 2021 07 TO 09 EXECUTIVE 155 sqm $742,888 $4,793
Nov 2021 10 TO 12 EXECUTIVE 150 sqm $760,000 $5,067
Nov 2021 01 TO 03 EXECUTIVE 155 sqm $760,000 $4,903
Nov 2021 07 TO 09 EXECUTIVE 150 sqm $935,000 $6,233
Aug 2021 10 TO 12 EXECUTIVE 150 sqm $800,000 $5,333
May 2021 10 TO 12 EXECUTIVE 150 sqm $775,000 $5,167
Apr 2021 04 TO 06 EXECUTIVE 150 sqm $675,000 $4,500
Jan 2021 04 TO 06 EXECUTIVE 150 sqm $580,000 $3,867
Showing 20 of 45 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Serangoon North Avenue 1

Block 123 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 executive flats, with resale prices ranging from $580,000 to $1,050,000 based on 45 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 10 TO 12 sold for $1,050,000 in 2025-05. The current median price per square metre is $4,720. Over the past five years, resale prices at this block have increased by approximately 38.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8705, 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 123 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 123 Serangoon North Avenue 1 was $1,050,000 for a executive flat in 2025-05. The median price per square metre across all flat types is $4,720, based on 45 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Serangoon North Avenue 1?

Block 123 Serangoon North Avenue 1 was built in 1985 and has approximately 59 years and 5 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 123 Serangoon North Avenue 1?

Block 123 Serangoon North Avenue 1 in Serangoon contains executive flats. Resale prices range from $580,000 to $1,050,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123 Serangoon North Avenue 1 gone up or down?

Resale prices at Block 123 Serangoon North Avenue 1 have increased by approximately 38.2% over the past five years. The current median price is $705,000, with the most recent sale at $1,050,000 in 2025-05.

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