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Block 554 Serangoon North Avenue 3

4 Room · 5 Room · Built 1997 · 72 years remaining lease MOP Cleared
Latest Sale
$568,000
Mar 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$4,587
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 46%
#105 / 227 Top 46%
Latest Sale ?
Top 74%
#167 / 227 Top 74%
Value ($/sqm) ?
Top 78%
#176 / 227 Top 78%
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
−0.31%/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 72 years remaining 99 years
72 years 7 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.31%/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
Mar 2024 04 TO 06 4 ROOM 101 sqm $568,000 $5,624
Feb 2024 04 TO 06 5 ROOM 120 sqm $740,000 $6,167
Nov 2022 07 TO 09 4 ROOM 101 sqm $570,000 $5,644
Sep 2022 07 TO 09 4 ROOM 100 sqm $537,000 $5,370
Nov 2021 01 TO 03 5 ROOM 121 sqm $555,000 $4,587
Sep 2021 01 TO 03 5 ROOM 120 sqm $585,000 $4,875
Dec 2019 04 TO 06 4 ROOM 100 sqm $380,000 $3,800
Feb 2019 01 TO 03 4 ROOM 101 sqm $368,000 $3,644
Jul 2017 01 TO 03 4 ROOM 100 sqm $360,000 $3,600
Jun 2017 01 TO 03 4 ROOM 100 sqm $366,000 $3,660
Feb 2017 07 TO 09 4 ROOM 101 sqm $415,000 $4,109
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 554 Serangoon North Avenue 3

Block 554 at Serangoon North Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1997 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $360,000 to $740,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $568,000 in 2024-03. The current median price per square metre is $4,587. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9177, with an annual lease decay rate of approximately 0.31%. 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 554 Serangoon North Avenue 3 worth?

The most recent resale transaction at Block 554 Serangoon North Avenue 3 was $568,000 for a 4 room flat in 2024-03. 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 554 Serangoon North Avenue 3?

Block 554 Serangoon North Avenue 3 was built in 1997 and has approximately 72 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 554 Serangoon North Avenue 3?

Block 554 Serangoon North Avenue 3 in Serangoon contains 4 room, 5 room flats. Resale prices range from $360,000 to $740,000 based on historical transaction records from data.gov.sg.

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