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Block 402 Serangoon Avenue 1

4 Room · 5 Room · Built 1989 · 62 years remaining lease · Updated Feb 2026 MOP Cleared

Block 402 Serangoon Avenue 1 has 14 recorded HDB resale transactions since 2017. Latest sale: $952,000 (Feb 2026, 5 room, floors 04–06). Median $6,167/sqm. Prices up 47.6% over the past five years. Built 1989, 62 years lease remaining.

Latest Sale
$952,000
Feb 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$6,167
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
▲ +47.6%
Median price change
Median Price ?
Top 33%
#75 / 227 Top 33%
Latest Sale ?
Top 17%
#39 / 227 Top 17%
Value ($/sqm) ?
Top 26%
#59 / 227 Top 26%
5-Year Growth ?
Top 14%
#22 / 161 Top 14%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+8.1%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +47.6% 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 62 years remaining 99 years
62 years 1 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Serangoon average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,100–$3,700 6.2% Serangoon avg · block too thin
5-Room $3,600 typically $3,400–$3,900 5.2% Serangoon avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 402 Serangoon Avenue 1 in Serangoon, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Serangoon
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 04 TO 06 5 ROOM 123 sqm $952,000 $7,740
Nov 2025 01 TO 03 4 ROOM 105 sqm $775,000 $7,381
Sep 2024 10 TO 12 4 ROOM 113 sqm $780,000 $6,903
May 2024 01 TO 03 4 ROOM 105 sqm $775,888 $7,389
Sep 2023 04 TO 06 4 ROOM 113 sqm $780,000 $6,903
Mar 2022 07 TO 09 4 ROOM 95 sqm $633,888 $6,673
Feb 2022 07 TO 09 4 ROOM 103 sqm $630,000 $6,117
Jan 2021 01 TO 03 4 ROOM 105 sqm $525,000 $5,000
Mar 2020 01 TO 03 4 ROOM 104 sqm $595,888 $5,730
Mar 2020 10 TO 12 4 ROOM 105 sqm $600,000 $5,714
Aug 2018 07 TO 09 4 ROOM 105 sqm $652,888 $6,218
Sep 2017 04 TO 06 4 ROOM 113 sqm $616,000 $5,451
Sep 2017 07 TO 09 4 ROOM 104 sqm $633,000 $6,087
Mar 2017 04 TO 06 4 ROOM 105 sqm $568,000 $5,410
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 402 Serangoon Avenue 1

Block 402 Serangoon Avenue 1 in Serangoon has been a strong performer, with resale prices up roughly 47.6% over five years. Its median runs about 22% above the Serangoon median, ahead of around 67% of the town's blocks. It has a relatively light resale record, with 14 transactions since 2017 across 4 room, 5 room flats priced from $525,000 to $952,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $952,000 in Feb 2026, and the median works out to $6,167/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8818, an annual lease decay of about 0.47%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 402 Serangoon Avenue 1 worth?

The most recent resale transaction at Block 402 Serangoon Avenue 1 was $952,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $6,167, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 402 Serangoon Avenue 1?

Block 402 Serangoon Avenue 1 was built in 1989 and has approximately 62 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 402 Serangoon Avenue 1?

Block 402 Serangoon Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $525,000 to $952,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 402 Serangoon Avenue 1 gone up or down?

Resale prices at Block 402 Serangoon Avenue 1 have increased by approximately 47.6% over the past five years. The current median price is $633,444, with the most recent sale at $952,000 in 2026-02.

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