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Block 553 Serangoon North Avenue 3

4 Room · Built 1997 · 70 years remaining lease MOP Cleared
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%
#217 / 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.
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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