Block 338 Ang Mo Kio Avenue 1

3 Room · Built 1981 · 55 years remaining lease MOP Cleared
Latest Sale
$370,000
Dec 2024 · 3 ROOM · #01-03
Median $/sqm
$4,773
Based on 2 transactions
Total Transactions
2
Since Jan 2017
5-Year Trend
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Insufficient data
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 55 years remaining 99 years
55 years 8 months
Remaining lease
↓ 0.60%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 55 years remaining, decay is gradual (~0.60%/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
Dec 2024 01 TO 03 3 ROOM 66 sqm $370,000 $5,606
Mar 2019 01 TO 03 3 ROOM 66 sqm $260,000 $3,939
Showing 2 of 2 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 338 Ang Mo Kio Avenue 1

Block 338 at Ang Mo Kio Avenue 1 is a residential HDB block in Ang Mo Kio, Singapore, built in 1981 with approximately 55 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $260,000 to $370,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $370,000 in 2024-12. The current median price per square metre is $4,773. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8527, with an annual lease decay rate of approximately 0.60%. 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 338 Ang Mo Kio Avenue 1 worth?

The most recent resale transaction at Block 338 Ang Mo Kio Avenue 1 was $370,000 for a 3 room flat in 2024-12. The median price per square metre across all flat types is $4,773, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 338 Ang Mo Kio Avenue 1?

Block 338 Ang Mo Kio Avenue 1 was built in 1981 and has approximately 55 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.60%, meaning the leasehold value decreases by approximately 0.60% per year at the current remaining lease.

What flat types are available at Block 338 Ang Mo Kio Avenue 1?

Block 338 Ang Mo Kio Avenue 1 in Ang Mo Kio contains 3 room flats. Resale prices range from $260,000 to $370,000 based on historical transaction records from data.gov.sg.

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