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Block 409 Serangoon Central

4 Room · 5 Room · Built 1989 · 62 years remaining lease · Updated Feb 2026 MOP Cleared

Block 409 Serangoon Central has 18 recorded HDB resale transactions since 2017. Latest sale: $1,010,000 (Feb 2026, 5 room, floors 10–12). Median $7,023/sqm. Built 1989, 62 years lease remaining.

How this block compares

  • 5 Room$989,444
    +17.9%vs town(+$150k)+33.7%vs national(+$249k)

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
$1,010,000
Feb 2026 · 5 ROOM · Floor 10-12
Median $/sqm
$7,023
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 11%
#24 / 227 Top 11%
Latest Sale ?
Top 10%
#23 / 227 Top 10%
Value ($/sqm) ?
Top 4%
#8 / 227 Top 4%
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
+3%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 62 years remaining 99 years
62 years
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/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). This block has too few rentals on record, so figures shown are the Serangoon average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,100–$3,700 6.2% Serangoon avg · block too thin
5-Room $3,600 typically $3,400–$3,900 5.2% Serangoon avg · block too thin
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 2 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
2 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 409 Serangoon Central 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 5 ROOM 121 sqm $1,010,000 $8,347
Aug 2025 04 TO 06 5 ROOM 121 sqm $968,888 $8,007
Dec 2024 04 TO 06 4 ROOM 94 sqm $780,000 $8,298
Dec 2024 07 TO 09 4 ROOM 105 sqm $818,000 $7,790
Oct 2024 10 TO 12 4 ROOM 94 sqm $800,000 $8,511
Aug 2024 04 TO 06 4 ROOM 105 sqm $800,000 $7,619
May 2024 07 TO 09 4 ROOM 103 sqm $835,000 $8,107
Apr 2024 07 TO 09 5 ROOM 121 sqm $850,000 $7,025
Jun 2023 01 TO 03 5 ROOM 123 sqm $876,000 $7,122
Apr 2023 04 TO 06 4 ROOM 113 sqm $788,000 $6,973
Aug 2022 10 TO 12 4 ROOM 103 sqm $720,000 $6,990
Jul 2022 10 TO 12 4 ROOM 94 sqm $660,000 $7,021
Jul 2021 01 TO 03 4 ROOM 105 sqm $635,000 $6,048
Feb 2021 04 TO 06 4 ROOM 111 sqm $650,000 $5,856
Nov 2020 13 TO 15 5 ROOM 123 sqm $770,000 $6,260
Jul 2019 10 TO 12 4 ROOM 111 sqm $655,000 $5,901
Aug 2017 07 TO 09 4 ROOM 103 sqm $616,000 $5,981
May 2017 04 TO 06 4 ROOM 103 sqm $618,000 $6,000
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 409 Serangoon Central

Block 409 Serangoon Central is a million-dollar HDB block: a flat here has sold for as much as $1,010,000 (Feb 2026), among the rare blocks in Serangoon to cross that mark. Its median runs about 51% above the Serangoon median, ahead of around 90% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 4 room, 5 room flats priced from $616,000 to $1,010,000. The most recent transaction was a 5 room flat on storeys 10 TO 12 at $1,010,000 in Feb 2026, and the median works out to $7,023/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8815, an annual lease decay of about 0.47%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 409 Serangoon Central worth?

The most recent resale transaction at Block 409 Serangoon Central was $1,010,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $7,023, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 409 Serangoon Central?

Block 409 Serangoon Central was built in 1989 and has approximately 62 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 409 Serangoon Central?

Block 409 Serangoon Central in Serangoon contains 4 room, 5 room flats. Resale prices range from $616,000 to $1,010,000 based on historical transaction records from data.gov.sg.

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