Block 231 Serangoon Avenue 3

4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$770,000
Jun 2025 · 4 ROOM · #04-06
Median $/sqm
$6,310
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +44.8%
Median price change
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 59 years remaining 99 years
59 years 1 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.53%/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
Jun 2025 04 TO 06 4 ROOM 105 sqm $770,000 $7,333
Apr 2025 01 TO 03 4 ROOM 84 sqm $575,000 $6,845
Feb 2025 04 TO 06 4 ROOM 104 sqm $763,888 $7,345
Oct 2023 10 TO 12 4 ROOM 84 sqm $560,000 $6,667
Oct 2023 10 TO 12 4 ROOM 104 sqm $700,000 $6,731
Aug 2023 10 TO 12 4 ROOM 84 sqm $540,000 $6,429
May 2023 10 TO 12 4 ROOM 105 sqm $688,000 $6,552
May 2022 04 TO 06 4 ROOM 84 sqm $530,000 $6,310
Dec 2021 04 TO 06 4 ROOM 104 sqm $580,000 $5,577
May 2021 10 TO 12 4 ROOM 84 sqm $475,000 $5,655
Jul 2019 07 TO 09 4 ROOM 104 sqm $570,000 $5,481
Feb 2019 07 TO 09 4 ROOM 84 sqm $421,000 $5,012
Apr 2018 07 TO 09 4 ROOM 90 sqm $440,000 $4,889
Feb 2018 10 TO 12 4 ROOM 104 sqm $580,000 $5,577
Mar 2017 01 TO 03 4 ROOM 90 sqm $460,000 $5,111
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 231 Serangoon Avenue 3

Block 231 at Serangoon Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $421,000 to $770,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $770,000 in 2025-06. The current median price per square metre is $6,310. Over the past five years, resale prices at this block have increased by approximately 44.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8690, with an annual lease decay rate of approximately 0.53%. 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 231 Serangoon Avenue 3 worth?

The most recent resale transaction at Block 231 Serangoon Avenue 3 was $770,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $6,310, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 231 Serangoon Avenue 3?

Block 231 Serangoon Avenue 3 was built in 1985 and has approximately 59 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 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 231 Serangoon Avenue 3?

Block 231 Serangoon Avenue 3 in Serangoon contains 4 room flats. Resale prices range from $421,000 to $770,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 231 Serangoon Avenue 3 gone up or down?

Resale prices at Block 231 Serangoon Avenue 3 have increased by approximately 44.8% over the past five years. The current median price is $570,000, with the most recent sale at $770,000 in 2025-06.

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