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Block 137 Serangoon North Avenue 2

5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$792,888
Jun 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$4,587
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
▲ +40.5%
Median price change
Median Price ?
Top 39%
#88 / 227 Top 39%
Latest Sale ?
Top 33%
#74 / 227 Top 33%
Value ($/sqm) ?
Top 77%
#175 / 227 Top 77%
5-Year Growth ?
Top 34%
#51 / 150 Top 34%
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
−0.45%/yr
Growth assumption
Based on this block’s +40.5% 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 63 years remaining 99 years
63 years 5 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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
Jun 2025 10 TO 12 5 ROOM 121 sqm $792,888 $6,553
Mar 2025 01 TO 03 5 ROOM 121 sqm $698,000 $5,769
Feb 2025 01 TO 03 5 ROOM 127 sqm $780,000 $6,142
Jul 2023 01 TO 03 5 ROOM 121 sqm $650,000 $5,372
Feb 2021 04 TO 06 5 ROOM 121 sqm $555,000 $4,587
Mar 2020 01 TO 03 5 ROOM 123 sqm $573,800 $4,665
Aug 2019 13 TO 15 5 ROOM 127 sqm $570,000 $4,488
Jul 2019 13 TO 15 5 ROOM 121 sqm $545,000 $4,504
Sep 2018 01 TO 03 5 ROOM 127 sqm $500,000 $3,937
Sep 2018 07 TO 09 5 ROOM 121 sqm $520,000 $4,298
Oct 2017 10 TO 12 5 ROOM 121 sqm $535,000 $4,421
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 137 Serangoon North Avenue 2

Block 137 at Serangoon North Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $500,000 to $792,888 based on 11 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $792,888 in 2025-06. The current median price per square metre is $4,587. Over the past five years, resale prices at this block have increased by approximately 40.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8871, with an annual lease decay rate of approximately 0.45%. 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 137 Serangoon North Avenue 2 worth?

The most recent resale transaction at Block 137 Serangoon North Avenue 2 was $792,888 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $4,587, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 137 Serangoon North Avenue 2?

Block 137 Serangoon North Avenue 2 was built in 1989 and has approximately 63 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 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 137 Serangoon North Avenue 2?

Block 137 Serangoon North Avenue 2 in Serangoon contains 5 room flats. Resale prices range from $500,000 to $792,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 137 Serangoon North Avenue 2 gone up or down?

Resale prices at Block 137 Serangoon North Avenue 2 have increased by approximately 40.5% over the past five years. The current median price is $570,000, with the most recent sale at $792,888 in 2025-06.

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