Block 516 Serangoon North Avenue 4

Executive · Built 1992 · 67 years remaining lease MOP Cleared
Latest Sale
$941,000
Jun 2024 · EXECUTIVE · #04-06
Median $/sqm
$4,904
Based on 12 transactions
Total Transactions
12
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 67 years remaining 99 years
67 years 5 months
Remaining lease
↓ 0.38%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/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
Jun 2024 04 TO 06 EXECUTIVE 146 sqm $941,000 $6,445
Jul 2023 16 TO 18 EXECUTIVE 146 sqm $980,000 $6,712
Dec 2021 01 TO 03 EXECUTIVE 146 sqm $758,000 $5,192
Dec 2021 07 TO 09 EXECUTIVE 146 sqm $768,000 $5,260
Jan 2021 07 TO 09 EXECUTIVE 146 sqm $712,000 $4,877
May 2019 13 TO 15 EXECUTIVE 146 sqm $725,000 $4,966
Apr 2019 01 TO 03 EXECUTIVE 146 sqm $640,000 $4,384
Oct 2018 10 TO 12 EXECUTIVE 146 sqm $720,000 $4,932
Mar 2018 01 TO 03 EXECUTIVE 146 sqm $650,000 $4,452
Nov 2017 07 TO 09 EXECUTIVE 146 sqm $648,000 $4,438
Aug 2017 13 TO 15 EXECUTIVE 146 sqm $705,000 $4,829
Apr 2017 13 TO 15 EXECUTIVE 146 sqm $710,000 $4,863
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 516 Serangoon North Avenue 4

Block 516 at Serangoon North Avenue 4 is a residential HDB block in Serangoon, Singapore, built in 1992 with approximately 67 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $640,000 to $980,000 based on 12 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $941,000 in 2024-06. The current median price per square metre is $4,904. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9017, with an annual lease decay rate of approximately 0.38%. 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 516 Serangoon North Avenue 4 worth?

The most recent resale transaction at Block 516 Serangoon North Avenue 4 was $941,000 for a executive flat in 2024-06. The median price per square metre across all flat types is $4,904, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 516 Serangoon North Avenue 4?

Block 516 Serangoon North Avenue 4 was built in 1992 and has approximately 67 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 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 516 Serangoon North Avenue 4?

Block 516 Serangoon North Avenue 4 in Serangoon contains executive flats. Resale prices range from $640,000 to $980,000 based on historical transaction records from data.gov.sg.

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