Block 416 Serangoon Central

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$860,000
Jul 2024 · 5 ROOM · #01-03
Median $/sqm
$6,182
Based on 8 transactions
Total Transactions
8
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 63 years remaining 99 years
63 years 11 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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 2024 01 TO 03 5 ROOM 121 sqm $860,000 $7,107
Oct 2021 04 TO 06 4 ROOM 105 sqm $658,000 $6,267
Feb 2021 10 TO 12 5 ROOM 121 sqm $780,000 $6,446
Oct 2020 07 TO 09 4 ROOM 113 sqm $650,000 $5,752
Sep 2020 07 TO 09 5 ROOM 123 sqm $750,000 $6,098
Aug 2020 04 TO 06 4 ROOM 105 sqm $610,000 $5,810
Apr 2020 07 TO 09 4 ROOM 105 sqm $618,000 $5,886
May 2017 07 TO 09 5 ROOM 121 sqm $768,000 $6,347
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 416 Serangoon Central

Block 416 at Serangoon Central is a residential HDB block in Serangoon, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $610,000 to $860,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $860,000 in 2024-07. The current median price per square metre is $6,182. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8891, with an annual lease decay rate of approximately 0.44%. 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 416 Serangoon Central worth?

The most recent resale transaction at Block 416 Serangoon Central was $860,000 for a 5 room flat in 2024-07. The median price per square metre across all flat types is $6,182, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 416 Serangoon Central?

Block 416 Serangoon Central was built in 1989 and has approximately 63 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 416 Serangoon Central?

Block 416 Serangoon Central in Serangoon contains 4 room, 5 room flats. Resale prices range from $610,000 to $860,000 based on historical transaction records from data.gov.sg.

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