Block 237 Serangoon Avenue 3

3 Room · 4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$468,000
Jul 2025 · 3 ROOM · #04-06
Median $/sqm
$5,857
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +18.2%
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 5 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
Jul 2025 04 TO 06 3 ROOM 64 sqm $468,000 $7,313
Apr 2024 01 TO 03 4 ROOM 84 sqm $550,000 $6,548
Jan 2024 10 TO 12 4 ROOM 89 sqm $738,888 $8,302
Sep 2023 10 TO 12 3 ROOM 64 sqm $470,000 $7,344
Nov 2022 07 TO 09 3 ROOM 64 sqm $452,000 $7,063
Nov 2021 01 TO 03 3 ROOM 64 sqm $396,000 $6,188
Nov 2020 01 TO 03 4 ROOM 84 sqm $475,000 $5,655
Aug 2020 04 TO 06 3 ROOM 64 sqm $365,000 $5,703
Aug 2019 07 TO 09 3 ROOM 64 sqm $350,000 $5,469
Apr 2019 10 TO 12 4 ROOM 84 sqm $492,000 $5,857
Apr 2018 07 TO 09 4 ROOM 84 sqm $538,000 $6,405
Feb 2018 01 TO 03 4 ROOM 89 sqm $480,000 $5,393
Dec 2017 07 TO 09 3 ROOM 64 sqm $355,000 $5,547
Aug 2017 01 TO 03 4 ROOM 84 sqm $420,000 $5,000
Jul 2017 04 TO 06 3 ROOM 64 sqm $370,000 $5,781
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 237 Serangoon Avenue 3

Block 237 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 3 room, 4 room flats, with resale prices ranging from $350,000 to $738,888 based on 15 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $468,000 in 2025-07. The current median price per square metre is $5,857. Over the past five years, resale prices at this block have increased by approximately 18.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8705, 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 237 Serangoon Avenue 3 worth?

The most recent resale transaction at Block 237 Serangoon Avenue 3 was $468,000 for a 3 room flat in 2025-07. The median price per square metre across all flat types is $5,857, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 237 Serangoon Avenue 3?

Block 237 Serangoon Avenue 3 was built in 1985 and has approximately 59 years and 5 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 237 Serangoon Avenue 3?

Block 237 Serangoon Avenue 3 in Serangoon contains 3 room, 4 room flats. Resale prices range from $350,000 to $738,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 237 Serangoon Avenue 3 gone up or down?

Resale prices at Block 237 Serangoon Avenue 3 have increased by approximately 18.2% over the past five years. The current median price is $468,000, with the most recent sale at $468,000 in 2025-07.

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