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Block 538 Serangoon North Avenue 4

4 Room · 5 Room · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$618,000
Feb 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$3,830
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +48.2%
Median price change
Median Price ?
Top 83%
#188 / 227 Top 83%
Latest Sale ?
Top 63%
#144 / 227 Top 63%
Value ($/sqm) ?
Top 100%
#226 / 227 Top 100%
5-Year Growth ?
Top 11%
#17 / 150 Top 11%
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
+8.2%/yr
vs
Lease Decay
−0.41%/yr
Growth assumption
Based on this block’s +48.2% growth over 5 years
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 65 years remaining 99 years
65 years 10 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/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 2026 04 TO 06 4 ROOM 103 sqm $618,000 $6,000
Nov 2025 07 TO 09 4 ROOM 103 sqm $630,000 $6,117
Nov 2025 04 TO 06 5 ROOM 122 sqm $788,000 $6,459
Nov 2024 01 TO 03 5 ROOM 122 sqm $650,000 $5,328
Feb 2024 07 TO 09 4 ROOM 103 sqm $568,000 $5,515
Jun 2023 07 TO 09 5 ROOM 122 sqm $660,000 $5,410
Jan 2023 07 TO 09 4 ROOM 103 sqm $528,000 $5,126
Sep 2021 04 TO 06 4 ROOM 103 sqm $400,000 $3,883
Sep 2021 01 TO 03 4 ROOM 103 sqm $427,000 $4,146
Apr 2021 04 TO 06 5 ROOM 122 sqm $552,000 $4,525
Oct 2020 07 TO 09 4 ROOM 103 sqm $405,000 $3,932
Jun 2020 01 TO 03 4 ROOM 103 sqm $365,000 $3,544
Feb 2020 04 TO 06 4 ROOM 103 sqm $360,000 $3,495
Feb 2020 04 TO 06 4 ROOM 103 sqm $382,000 $3,709
Nov 2019 04 TO 06 4 ROOM 103 sqm $389,000 $3,777
Jul 2019 01 TO 03 4 ROOM 103 sqm $365,000 $3,544
Mar 2019 07 TO 09 4 ROOM 103 sqm $380,000 $3,689
Nov 2018 01 TO 03 5 ROOM 122 sqm $425,000 $3,484
Oct 2018 04 TO 06 4 ROOM 103 sqm $380,000 $3,689
Mar 2018 01 TO 03 4 ROOM 103 sqm $380,000 $3,689
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Serangoon North Avenue 4

Block 538 at Serangoon North Avenue 4 is a residential HDB block in Serangoon, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $360,000 to $788,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $618,000 in 2026-02. The current median price per square metre is $3,830. Over the past five years, resale prices at this block have increased by approximately 48.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8961, with an annual lease decay rate of approximately 0.41%. 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 538 Serangoon North Avenue 4 worth?

The most recent resale transaction at Block 538 Serangoon North Avenue 4 was $618,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $3,830, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Serangoon North Avenue 4?

Block 538 Serangoon North Avenue 4 was built in 1992 and has approximately 65 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 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 538 Serangoon North Avenue 4?

Block 538 Serangoon North Avenue 4 in Serangoon contains 4 room, 5 room flats. Resale prices range from $360,000 to $788,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Serangoon North Avenue 4 gone up or down?

Resale prices at Block 538 Serangoon North Avenue 4 have increased by approximately 48.2% over the past five years. The current median price is $402,500, with the most recent sale at $618,000 in 2026-02.

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