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Block 151 Serangoon North Avenue 2

3 Room · 4 Room · Built 1986 · 59 years remaining lease · Updated Aug 2025 MOP Cleared

Block 151 Serangoon North Avenue 2 has 13 recorded HDB resale transactions since 2017. Latest sale: $450,000 (Aug 2025, 3 room, floors 04–06). Median $4,188/sqm. Built 1986, 59 years lease remaining.

Latest Sale
$450,000
Aug 2025 · 3 ROOM · Floor 04-06
Median $/sqm
$4,188
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 99%
#225 / 227 Top 99%
Latest Sale ?
Top 92%
#208 / 227 Top 92%
Value ($/sqm) ?
Top 93%
#211 / 227 Top 93%
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
−0.51%/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 11 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Serangoon average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,500–$3,000 7.1% Serangoon avg · block too thin
4-Room $3,400 typically $3,100–$3,700 6.2% Serangoon avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2025 04 TO 06 3 ROOM 64 sqm $450,000 $7,031
Mar 2025 04 TO 06 3 ROOM 64 sqm $435,000 $6,797
Dec 2023 01 TO 03 4 ROOM 86 sqm $485,000 $5,640
May 2023 01 TO 03 3 ROOM 64 sqm $355,000 $5,547
Nov 2021 01 TO 03 4 ROOM 86 sqm $398,000 $4,628
Nov 2020 04 TO 06 3 ROOM 64 sqm $268,000 $4,188
Apr 2019 04 TO 06 3 ROOM 64 sqm $248,000 $3,875
Nov 2018 01 TO 03 3 ROOM 63 sqm $257,000 $4,079
Jul 2018 01 TO 03 3 ROOM 64 sqm $250,000 $3,906
Jun 2018 01 TO 03 4 ROOM 86 sqm $295,000 $3,430
Jan 2018 01 TO 03 3 ROOM 64 sqm $256,000 $4,000
Aug 2017 04 TO 06 3 ROOM 63 sqm $280,000 $4,444
Jul 2017 01 TO 03 4 ROOM 83 sqm $338,000 $4,072
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 151 Serangoon North Avenue 2

Block 151 at Serangoon North Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $248,000 to $485,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $450,000 in 2025-08. The current median price per square metre is $4,188. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8727, with an annual lease decay rate of approximately 0.51%. 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 151 Serangoon North Avenue 2 worth?

The most recent resale transaction at Block 151 Serangoon North Avenue 2 was $450,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $4,188, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 151 Serangoon North Avenue 2?

Block 151 Serangoon North Avenue 2 was built in 1986 and has approximately 59 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 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 151 Serangoon North Avenue 2?

Block 151 Serangoon North Avenue 2 in Serangoon contains 3 room, 4 room flats. Resale prices range from $248,000 to $485,000 based on historical transaction records from data.gov.sg.

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