Block 232 Serangoon Avenue 3

4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$595,000
Mar 2025 · 4 ROOM · #01-03
Median $/sqm
$5,870
Based on 18 transactions
Total Transactions
18
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 59 years remaining 99 years
59 years 4 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
Mar 2025 01 TO 03 4 ROOM 84 sqm $595,000 $7,083
Aug 2024 10 TO 12 4 ROOM 84 sqm $618,000 $7,357
Mar 2024 04 TO 06 4 ROOM 104 sqm $663,000 $6,375
Sep 2023 07 TO 09 4 ROOM 84 sqm $538,000 $6,405
Mar 2023 04 TO 06 4 ROOM 84 sqm $495,000 $5,893
Nov 2022 01 TO 03 4 ROOM 104 sqm $498,000 $4,788
Nov 2022 10 TO 12 4 ROOM 84 sqm $560,000 $6,667
Jun 2022 07 TO 09 4 ROOM 90 sqm $536,000 $5,956
Feb 2022 04 TO 06 4 ROOM 84 sqm $526,000 $6,262
Jan 2022 10 TO 12 4 ROOM 84 sqm $522,000 $6,214
May 2019 04 TO 06 4 ROOM 84 sqm $412,000 $4,905
Mar 2018 01 TO 03 4 ROOM 104 sqm $525,000 $5,048
Feb 2018 10 TO 12 4 ROOM 105 sqm $585,000 $5,571
Dec 2017 10 TO 12 4 ROOM 104 sqm $608,000 $5,846
Nov 2017 10 TO 12 4 ROOM 84 sqm $480,000 $5,714
Sep 2017 04 TO 06 4 ROOM 84 sqm $470,000 $5,595
Sep 2017 04 TO 06 4 ROOM 84 sqm $470,000 $5,595
Feb 2017 10 TO 12 4 ROOM 104 sqm $595,000 $5,721
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232 Serangoon Avenue 3

Block 232 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 $412,000 to $663,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $595,000 in 2025-03. The current median price per square metre is $5,870. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8701, with an annual lease decay rate of approximately 0.52%. 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 232 Serangoon Avenue 3 worth?

The most recent resale transaction at Block 232 Serangoon Avenue 3 was $595,000 for a 4 room flat in 2025-03. The median price per square metre across all flat types is $5,870, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232 Serangoon Avenue 3?

Block 232 Serangoon Avenue 3 was built in 1985 and has approximately 59 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 232 Serangoon Avenue 3?

Block 232 Serangoon Avenue 3 in Serangoon contains 4 room flats. Resale prices range from $412,000 to $663,000 based on historical transaction records from data.gov.sg.

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