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Block 551 Serangoon North Avenue 3

4 Room · 5 Room · Built 1997 · 71 years remaining lease MOP Cleared
Latest Sale
$770,000
Jun 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$4,770
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 51%
#116 / 227 Top 51%
Latest Sale ?
Top 36%
#82 / 227 Top 36%
Value ($/sqm) ?
Top 74%
#167 / 227 Top 74%
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
−0.33%/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 71 years remaining 99 years
71 years 6 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/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 04 TO 06 5 ROOM 121 sqm $770,000 $6,364
Mar 2024 07 TO 09 5 ROOM 120 sqm $743,888 $6,199
May 2023 07 TO 09 4 ROOM 100 sqm $561,000 $5,610
Dec 2022 04 TO 06 5 ROOM 119 sqm $688,000 $5,782
Oct 2022 07 TO 09 5 ROOM 119 sqm $695,000 $5,840
Sep 2022 01 TO 03 4 ROOM 100 sqm $477,000 $4,770
Aug 2022 16 TO 18 5 ROOM 119 sqm $718,000 $6,034
Nov 2021 13 TO 15 4 ROOM 100 sqm $490,000 $4,900
Aug 2021 10 TO 12 4 ROOM 100 sqm $445,000 $4,450
Jan 2021 16 TO 18 4 ROOM 100 sqm $448,000 $4,480
Dec 2020 10 TO 12 4 ROOM 100 sqm $433,000 $4,330
Aug 2017 10 TO 12 5 ROOM 120 sqm $512,000 $4,267
Aug 2017 13 TO 15 5 ROOM 119 sqm $540,000 $4,538
Jul 2017 10 TO 12 5 ROOM 119 sqm $520,000 $4,370
Mar 2017 13 TO 15 4 ROOM 100 sqm $425,000 $4,250
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 551 Serangoon North Avenue 3

Block 551 at Serangoon North Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1997 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $425,000 to $770,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $770,000 in 2025-06. The current median price per square metre is $4,770. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9145, with an annual lease decay rate of approximately 0.33%. 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 551 Serangoon North Avenue 3 worth?

The most recent resale transaction at Block 551 Serangoon North Avenue 3 was $770,000 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $4,770, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 551 Serangoon North Avenue 3?

Block 551 Serangoon North Avenue 3 was built in 1997 and has approximately 71 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 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 551 Serangoon North Avenue 3?

Block 551 Serangoon North Avenue 3 in Serangoon contains 4 room, 5 room flats. Resale prices range from $425,000 to $770,000 based on historical transaction records from data.gov.sg.

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