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Block 229 Serangoon Avenue 4

4 Room · Built 1984 · 57 years remaining lease · Updated Feb 2026 MOP Cleared

Block 229 Serangoon Avenue 4 has 19 recorded HDB resale transactions since 2017. Latest sale: $680,000 (Feb 2026, 4 room, floors 10–12). Median $5,637/sqm. Prices up 29.2% over the past five years. Built 1984, 57 years lease remaining.

How this block compares

  • 4 Room$650,000
    −1.5%vs town(−$10k)+3.2%vs national(+$20k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$680,000
Feb 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$5,637
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +29.2%
Median price change
Median Price ?
Top 55%
#124 / 227 Top 55%
Latest Sale ?
Top 47%
#107 / 227 Top 47%
Value ($/sqm) ?
Top 43%
#98 / 227 Top 43%
5-Year Growth ?
Top 75%
#120 / 161 Top 75%
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
+5.3%/yr
vs
Lease Decay
−0.56%/yr
Growth assumption
Based on this block’s +29.2% 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 57 years remaining 99 years
57 years 5 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,110 typically $2,750–$3,600 5.7% 5 rentals here
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 3 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
3 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 229 Serangoon Avenue 4 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 10 TO 12 4 ROOM 91 sqm $680,000 $7,473
Aug 2025 07 TO 09 4 ROOM 91 sqm $620,000 $6,813
Jan 2025 01 TO 03 4 ROOM 91 sqm $595,000 $6,538
Jul 2024 13 TO 15 4 ROOM 91 sqm $625,000 $6,868
Dec 2023 07 TO 09 4 ROOM 91 sqm $550,000 $6,044
Sep 2023 04 TO 06 4 ROOM 91 sqm $513,000 $5,637
Mar 2023 07 TO 09 4 ROOM 93 sqm $535,000 $5,753
Sep 2022 04 TO 06 4 ROOM 91 sqm $515,000 $5,659
Apr 2022 07 TO 09 4 ROOM 91 sqm $522,000 $5,736
Sep 2021 01 TO 03 4 ROOM 91 sqm $514,000 $5,648
May 2021 04 TO 06 4 ROOM 91 sqm $450,000 $4,945
Mar 2021 07 TO 09 4 ROOM 91 sqm $480,000 $5,275
Jan 2020 10 TO 12 4 ROOM 91 sqm $388,000 $4,264
Nov 2019 04 TO 06 4 ROOM 93 sqm $445,000 $4,785
Oct 2019 07 TO 09 4 ROOM 91 sqm $410,000 $4,505
Oct 2019 10 TO 12 4 ROOM 91 sqm $447,000 $4,912
Aug 2018 13 TO 15 4 ROOM 91 sqm $480,000 $5,275
Jul 2017 04 TO 06 4 ROOM 91 sqm $428,000 $4,703
Jul 2017 07 TO 09 4 ROOM 91 sqm $435,000 $4,780
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 229 Serangoon Avenue 4

Block 229 Serangoon Avenue 4 in Serangoon dates to 1984 and now has roughly 57 years of lease remaining, which makes lease decay the central consideration for buyers. Its $513,000 median tracks close to the Serangoon town median. It has a relatively light resale record, with 19 transactions since 2017 across 4 room flats priced from $388,000 to $680,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $680,000 in Feb 2026, and the median works out to $5,637/sqm. Over five years, prices here are up about 29.2%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 229 Serangoon Avenue 4 worth?

The most recent resale transaction at Block 229 Serangoon Avenue 4 was $680,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $5,637, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 229 Serangoon Avenue 4?

Block 229 Serangoon Avenue 4 was built in 1984 and has approximately 57 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 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 229 Serangoon Avenue 4?

Block 229 Serangoon Avenue 4 in Serangoon contains 4 room flats. Resale prices range from $388,000 to $680,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 229 Serangoon Avenue 4 gone up or down?

Resale prices at Block 229 Serangoon Avenue 4 have increased by approximately 29.2% over the past five years. The current median price is $513,000, with the most recent sale at $680,000 in 2026-02.

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