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Block 553 Serangoon North Avenue 3

4 Room · Built 1997 · 70 years remaining lease · Updated Nov 2025 MOP Cleared

Block 553 Serangoon North Avenue 3 has 15 recorded HDB resale transactions since 2017. Latest sale: $623,000 (Nov 2025, 4 room, floors 07–09). Median $4,109/sqm. Built 1997, 70 years lease remaining.

Latest Sale
$623,000
Nov 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$4,109
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 79%
#179 / 227 Top 79%
Latest Sale ?
Top 62%
#141 / 227 Top 62%
Value ($/sqm) ?
Top 96%
#218 / 227 Top 96%
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
−0.34%/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 70 years remaining 99 years
70 years 10 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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
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
Nov 2025 07 TO 09 4 ROOM 101 sqm $623,000 $6,168
Aug 2023 01 TO 03 4 ROOM 102 sqm $485,000 $4,755
Jul 2023 07 TO 09 4 ROOM 102 sqm $555,000 $5,441
May 2023 04 TO 06 4 ROOM 101 sqm $485,000 $4,802
Jun 2022 04 TO 06 4 ROOM 102 sqm $470,000 $4,608
Jan 2022 07 TO 09 4 ROOM 100 sqm $475,000 $4,750
Dec 2020 01 TO 03 4 ROOM 101 sqm $394,000 $3,901
Nov 2020 07 TO 09 4 ROOM 101 sqm $415,000 $4,109
Oct 2020 01 TO 03 4 ROOM 101 sqm $393,000 $3,891
Feb 2020 01 TO 03 4 ROOM 102 sqm $390,000 $3,824
May 2019 07 TO 09 4 ROOM 102 sqm $405,000 $3,971
Nov 2017 07 TO 09 4 ROOM 101 sqm $410,000 $4,059
Sep 2017 01 TO 03 4 ROOM 101 sqm $372,000 $3,683
May 2017 07 TO 09 4 ROOM 102 sqm $440,000 $4,314
Mar 2017 04 TO 06 4 ROOM 100 sqm $390,000 $3,900
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 553 Serangoon North Avenue 3

Block 553 at Serangoon North Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $372,000 to $623,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $623,000 in 2025-11. The current median price per square metre is $4,109. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9126, with an annual lease decay rate of approximately 0.34%. 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 553 Serangoon North Avenue 3 worth?

The most recent resale transaction at Block 553 Serangoon North Avenue 3 was $623,000 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $4,109, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 553 Serangoon North Avenue 3?

Block 553 Serangoon North Avenue 3 was built in 1997 and has approximately 70 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 553 Serangoon North Avenue 3?

Block 553 Serangoon North Avenue 3 in Serangoon contains 4 room flats. Resale prices range from $372,000 to $623,000 based on historical transaction records from data.gov.sg.

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