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Block 124 Serangoon North Avenue 1

3 Room · 4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$443,000
Aug 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,269
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +40.2%
Median price change
Median Price ?
Top 90%
#204 / 227 Top 90%
Latest Sale ?
Top 94%
#213 / 227 Top 94%
Value ($/sqm) ?
Top 89%
#201 / 227 Top 89%
5-Year Growth ?
Top 36%
#54 / 150 Top 36%
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
+7%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +40.2% 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 58 years remaining 99 years
58 years 6 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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
Aug 2025 01 TO 03 3 ROOM 71 sqm $443,000 $6,239
Jul 2025 01 TO 03 3 ROOM 67 sqm $415,000 $6,194
Aug 2024 01 TO 03 4 ROOM 96 sqm $585,000 $6,094
Nov 2023 01 TO 03 3 ROOM 71 sqm $400,000 $5,634
Jul 2023 01 TO 03 3 ROOM 81 sqm $440,000 $5,432
Apr 2023 04 TO 06 3 ROOM 71 sqm $395,000 $5,563
May 2021 01 TO 03 3 ROOM 73 sqm $306,000 $4,192
Dec 2019 04 TO 06 4 ROOM 93 sqm $370,000 $3,978
Oct 2019 01 TO 03 3 ROOM 67 sqm $240,000 $3,582
Jun 2019 04 TO 06 3 ROOM 67 sqm $286,000 $4,269
Apr 2019 01 TO 03 3 ROOM 67 sqm $262,000 $3,910
Feb 2019 01 TO 03 3 ROOM 67 sqm $270,000 $4,030
Nov 2018 04 TO 06 4 ROOM 93 sqm $400,000 $4,301
Mar 2018 01 TO 03 3 ROOM 81 sqm $295,000 $3,642
Sep 2017 01 TO 03 3 ROOM 71 sqm $290,000 $4,085
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Serangoon North Avenue 1

Block 124 at Serangoon North Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $240,000 to $585,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $443,000 in 2025-08. The current median price per square metre is $4,269. Over the past five years, resale prices at this block have increased by approximately 40.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8663, with an annual lease decay rate of approximately 0.54%. 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 124 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 124 Serangoon North Avenue 1 was $443,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $4,269, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Serangoon North Avenue 1?

Block 124 Serangoon North Avenue 1 was built in 1985 and has approximately 58 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 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 124 Serangoon North Avenue 1?

Block 124 Serangoon North Avenue 1 in Serangoon contains 3 room, 4 room flats. Resale prices range from $240,000 to $585,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124 Serangoon North Avenue 1 gone up or down?

Resale prices at Block 124 Serangoon North Avenue 1 have increased by approximately 40.2% over the past five years. The current median price is $370,000, with the most recent sale at $443,000 in 2025-08.

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