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Block 148 Serangoon North Avenue 1

Executive · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$978,000
Apr 2025 · EXECUTIVE · Floor 04-06
Median $/sqm
$4,305
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
▲ +39.7%
Median price change
Median Price ?
Top 33%
#76 / 227 Top 33%
Latest Sale ?
Top 16%
#36 / 227 Top 16%
Value ($/sqm) ?
Top 87%
#197 / 227 Top 87%
5-Year Growth ?
Top 42%
#63 / 150 Top 42%
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
+6.9%/yr
vs
Lease Decay
−0.49%/yr
Growth assumption
Based on this block’s +39.7% 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 60 years remaining 99 years
60 years 11 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/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
Apr 2025 04 TO 06 EXECUTIVE 144 sqm $978,000 $6,792
Dec 2024 01 TO 03 EXECUTIVE 146 sqm $952,888 $6,527
Aug 2021 01 TO 03 EXECUTIVE 151 sqm $700,000 $4,636
Nov 2020 01 TO 03 EXECUTIVE 146 sqm $625,000 $4,281
Jun 2020 01 TO 03 EXECUTIVE 146 sqm $628,888 $4,307
May 2019 01 TO 03 EXECUTIVE 146 sqm $620,000 $4,247
Apr 2019 01 TO 03 EXECUTIVE 146 sqm $600,000 $4,110
Jun 2018 01 TO 03 EXECUTIVE 151 sqm $610,000 $4,040
May 2018 01 TO 03 EXECUTIVE 150 sqm $670,000 $4,467
Nov 2017 01 TO 03 EXECUTIVE 146 sqm $602,000 $4,123
Sep 2017 01 TO 03 EXECUTIVE 151 sqm $650,000 $4,305
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 148 Serangoon North Avenue 1

Block 148 at Serangoon North Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $600,000 to $978,000 based on 11 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $978,000 in 2025-04. The current median price per square metre is $4,305. Over the past five years, resale prices at this block have increased by approximately 39.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8770, with an annual lease decay rate of approximately 0.49%. 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 148 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 148 Serangoon North Avenue 1 was $978,000 for a executive flat in 2025-04. The median price per square metre across all flat types is $4,305, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 148 Serangoon North Avenue 1?

Block 148 Serangoon North Avenue 1 was built in 1987 and has approximately 60 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 148 Serangoon North Avenue 1?

Block 148 Serangoon North Avenue 1 in Serangoon contains executive flats. Resale prices range from $600,000 to $978,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 148 Serangoon North Avenue 1 gone up or down?

Resale prices at Block 148 Serangoon North Avenue 1 have increased by approximately 39.7% over the past five years. The current median price is $628,888, with the most recent sale at $978,000 in 2025-04.

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