Block 138 Serangoon North Avenue 2

Executive · Built 1989 · 62 years remaining lease MOP Cleared

Latest Sale

$985,000

Aug 2025 · EXECUTIVE · #01-03

Median $/sqm

$5,572

Based on 3 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 62 years remaining 99 years

62 years 7 months

Remaining lease

↓ 0.46%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Aug 2025	01 TO 03	EXECUTIVE	146 sqm	$985,000	$6,747
May 2024	01 TO 03	EXECUTIVE	145 sqm	$808,000	$5,572
Aug 2017	01 TO 03	EXECUTIVE	146 sqm	$655,000	$4,486

Showing 3 of 3 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 138 Serangoon North Avenue 2

Block 138 at Serangoon North Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $655,000 to $985,000 based on 3 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $985,000 in 2025-08. The current median price per square metre is $5,572. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8839, with an annual lease decay rate of approximately 0.46%. 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 138 Serangoon North Avenue 2 worth?

The most recent resale transaction at Block 138 Serangoon North Avenue 2 was $985,000 for a executive flat in 2025-08. The median price per square metre across all flat types is $5,572, based on 3 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 138 Serangoon North Avenue 2?

Block 138 Serangoon North Avenue 2 was built in 1989 and has approximately 62 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 138 Serangoon North Avenue 2?

Block 138 Serangoon North Avenue 2 in Serangoon contains executive flats. Resale prices range from $655,000 to $985,000 based on historical transaction records from data.gov.sg.