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Block 515 Serangoon North Avenue 4

4 Room · 5 Room · Built 1992 · 67 years remaining lease MOP Cleared
Latest Sale
$651,000
Feb 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$3,942
Based on 4 transactions
Total Transactions
4
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 70%
#160 / 227 Top 70%
Latest Sale ?
Top 56%
#126 / 227 Top 56%
Value ($/sqm) ?
Top 99%
#224 / 227 Top 99%
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
−0.38%/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 67 years remaining 99 years
67 years 10 months
Remaining lease
↓ 0.38%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/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
Feb 2024 04 TO 06 4 ROOM 104 sqm $651,000 $6,260
Aug 2021 01 TO 03 4 ROOM 104 sqm $430,000 $4,135
Aug 2020 01 TO 03 5 ROOM 124 sqm $465,000 $3,750
Jun 2018 04 TO 06 4 ROOM 104 sqm $385,000 $3,702
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 515 Serangoon North Avenue 4

Block 515 at Serangoon North Avenue 4 is a residential HDB block in Serangoon, Singapore, built in 1992 with approximately 67 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $385,000 to $651,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $651,000 in 2024-02. The current median price per square metre is $3,942. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9031, with an annual lease decay rate of approximately 0.38%. 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 515 Serangoon North Avenue 4 worth?

The most recent resale transaction at Block 515 Serangoon North Avenue 4 was $651,000 for a 4 room flat in 2024-02. The median price per square metre across all flat types is $3,942, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 515 Serangoon North Avenue 4?

Block 515 Serangoon North Avenue 4 was built in 1992 and has approximately 67 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 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 515 Serangoon North Avenue 4?

Block 515 Serangoon North Avenue 4 in Serangoon contains 4 room, 5 room flats. Resale prices range from $385,000 to $651,000 based on historical transaction records from data.gov.sg.

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