Block 404 Serangoon Avenue 1

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$855,000
Aug 2024 · 5 ROOM · #10-12
Median $/sqm
$5,903
Based on 15 transactions
Total Transactions
15
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 63 years remaining 99 years
63 years 7 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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
Aug 2024 10 TO 12 5 ROOM 123 sqm $855,000 $6,951
Jun 2024 01 TO 03 4 ROOM 105 sqm $765,000 $7,286
Apr 2024 01 TO 03 5 ROOM 121 sqm $725,000 $5,992
Mar 2024 01 TO 03 5 ROOM 123 sqm $760,000 $6,179
May 2022 04 TO 06 4 ROOM 103 sqm $608,000 $5,903
May 2022 04 TO 06 5 ROOM 123 sqm $780,000 $6,341
Feb 2022 10 TO 12 5 ROOM 123 sqm $810,000 $6,585
May 2021 04 TO 06 5 ROOM 123 sqm $690,000 $5,610
Feb 2021 10 TO 12 4 ROOM 103 sqm $618,000 $6,000
Jan 2021 04 TO 06 4 ROOM 105 sqm $520,000 $4,952
Dec 2020 04 TO 06 5 ROOM 121 sqm $690,000 $5,702
Oct 2020 10 TO 12 5 ROOM 121 sqm $703,000 $5,810
Sep 2020 01 TO 03 4 ROOM 105 sqm $525,000 $5,000
Dec 2018 01 TO 03 4 ROOM 105 sqm $450,000 $4,286
Nov 2017 10 TO 12 4 ROOM 113 sqm $630,000 $5,575
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 404 Serangoon Avenue 1

Block 404 at Serangoon Avenue 1 is a residential HDB block in Serangoon, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $450,000 to $855,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $855,000 in 2024-08. The current median price per square metre is $5,903. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8878, with an annual lease decay rate of approximately 0.44%. 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 404 Serangoon Avenue 1 worth?

The most recent resale transaction at Block 404 Serangoon Avenue 1 was $855,000 for a 5 room flat in 2024-08. The median price per square metre across all flat types is $5,903, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 404 Serangoon Avenue 1?

Block 404 Serangoon Avenue 1 was built in 1989 and has approximately 63 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 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 404 Serangoon Avenue 1?

Block 404 Serangoon Avenue 1 in Serangoon contains 4 room, 5 room flats. Resale prices range from $450,000 to $855,000 based on historical transaction records from data.gov.sg.

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