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Block 118 Serangoon North Avenue 1

4 Room · Built 1986 · 59 years remaining lease · Updated Dec 2025 MOP Cleared

Block 118 Serangoon North Avenue 1 has 17 recorded HDB resale transactions since 2017. Latest sale: $598,000 (Dec 2025, 4 room, floors 04–06). Median $4,341/sqm. Prices up 59.5% over the past five years. Built 1986, 59 years lease remaining.

How this block compares

  • 4 Room$574,000
    −13.0%vs town(−$86k)−8.9%vs national(−$56k)

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
$598,000
Dec 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$4,341
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +59.5%
Median price change
Median Price ?
Top 86%
#195 / 227 Top 86%
Latest Sale ?
Top 67%
#151 / 227 Top 67%
Value ($/sqm) ?
Top 87%
#198 / 227 Top 87%
5-Year Growth ?
Top 4%
#6 / 161 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
+9.8%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +59.5% 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 59 years remaining 99 years
59 years 2 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.53%/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
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 118 Serangoon North Avenue 1 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
Dec 2025 04 TO 06 4 ROOM 91 sqm $598,000 $6,571
Sep 2025 10 TO 12 4 ROOM 91 sqm $550,000 $6,044
Jul 2025 10 TO 12 4 ROOM 93 sqm $600,000 $6,452
Dec 2024 10 TO 12 4 ROOM 91 sqm $560,000 $6,154
Sep 2024 13 TO 15 4 ROOM 93 sqm $560,000 $6,022
Oct 2023 04 TO 06 4 ROOM 91 sqm $495,000 $5,440
Apr 2023 07 TO 09 4 ROOM 91 sqm $468,000 $5,143
May 2021 04 TO 06 4 ROOM 91 sqm $375,000 $4,121
Apr 2021 01 TO 03 4 ROOM 91 sqm $370,000 $4,066
Feb 2021 04 TO 06 4 ROOM 91 sqm $380,000 $4,176
Jul 2020 04 TO 06 4 ROOM 91 sqm $338,000 $3,714
Jan 2019 04 TO 06 4 ROOM 91 sqm $300,000 $3,297
Oct 2018 01 TO 03 4 ROOM 91 sqm $330,000 $3,626
Sep 2018 10 TO 12 4 ROOM 91 sqm $375,000 $4,121
Apr 2018 07 TO 09 4 ROOM 93 sqm $370,000 $3,978
Nov 2017 13 TO 15 4 ROOM 93 sqm $410,000 $4,409
Mar 2017 13 TO 15 4 ROOM 91 sqm $395,000 $4,341
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 118 Serangoon North Avenue 1

Block 118 Serangoon North Avenue 1 in Serangoon dates to 1986 and now has roughly 59 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 24% below the Serangoon median, cheaper than about 84% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 4 room flats priced from $300,000 to $600,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $598,000 in Dec 2025, and the median works out to $4,341/sqm. Higher floors carry a premium, with the 13 TO 15 band trading roughly 9% above the 04 TO 06 band. Over five years, prices here are up about 59.5%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 118 Serangoon North Avenue 1 worth?

The most recent resale transaction at Block 118 Serangoon North Avenue 1 was $598,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,341, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 118 Serangoon North Avenue 1?

Block 118 Serangoon North Avenue 1 was built in 1986 and has approximately 59 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 118 Serangoon North Avenue 1?

Block 118 Serangoon North Avenue 1 in Serangoon contains 4 room flats. Resale prices range from $300,000 to $600,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 118 Serangoon North Avenue 1 gone up or down?

Resale prices at Block 118 Serangoon North Avenue 1 have increased by approximately 59.5% over the past five years. The current median price is $395,000, with the most recent sale at $598,000 in 2025-12.

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