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Block 538 Serangoon North Avenue 4

4 Room · 5 Room · Built 1992 · 65 years remaining lease · Updated Feb 2026 MOP Cleared

Block 538 Serangoon North Avenue 4 has 22 recorded HDB resale transactions since 2017. Latest sale: $618,000 (Feb 2026, 4 room, floors 04–06). Median $3,830/sqm. Prices up 48.2% over the past five years. Built 1992, 65 years lease remaining.

How this block compares

  • 4 Room$624,000
    −5.5%vs town(−$36k)−1.0%vs national(−$6k)

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
$618,000
Feb 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$3,830
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +48.2%
Median price change
Median Price ?
Top 83%
#189 / 227 Top 83%
Latest Sale ?
Top 63%
#142 / 227 Top 63%
Value ($/sqm) ?
Top 100%
#226 / 227 Top 100%
5-Year Growth ?
Top 13%
#21 / 161 Top 13%
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
+8.2%/yr
vs
Lease Decay
−0.41%/yr
Growth assumption
Based on this block’s +48.2% 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 65 years remaining 99 years
65 years 10 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,050 typically $3,000–$3,100 5.9% 6 rentals here
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 538 Serangoon North Avenue 4 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 04 TO 06 4 ROOM 103 sqm $618,000 $6,000
Nov 2025 07 TO 09 4 ROOM 103 sqm $630,000 $6,117
Nov 2025 04 TO 06 5 ROOM 122 sqm $788,000 $6,459
Nov 2024 01 TO 03 5 ROOM 122 sqm $650,000 $5,328
Feb 2024 07 TO 09 4 ROOM 103 sqm $568,000 $5,515
Jun 2023 07 TO 09 5 ROOM 122 sqm $660,000 $5,410
Jan 2023 07 TO 09 4 ROOM 103 sqm $528,000 $5,126
Sep 2021 04 TO 06 4 ROOM 103 sqm $400,000 $3,883
Sep 2021 01 TO 03 4 ROOM 103 sqm $427,000 $4,146
Apr 2021 04 TO 06 5 ROOM 122 sqm $552,000 $4,525
Oct 2020 07 TO 09 4 ROOM 103 sqm $405,000 $3,932
Jun 2020 01 TO 03 4 ROOM 103 sqm $365,000 $3,544
Feb 2020 04 TO 06 4 ROOM 103 sqm $360,000 $3,495
Feb 2020 04 TO 06 4 ROOM 103 sqm $382,000 $3,709
Nov 2019 04 TO 06 4 ROOM 103 sqm $389,000 $3,777
Jul 2019 01 TO 03 4 ROOM 103 sqm $365,000 $3,544
Mar 2019 07 TO 09 4 ROOM 103 sqm $380,000 $3,689
Nov 2018 01 TO 03 5 ROOM 122 sqm $425,000 $3,484
Oct 2018 04 TO 06 4 ROOM 103 sqm $380,000 $3,689
Mar 2018 01 TO 03 4 ROOM 103 sqm $380,000 $3,689
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Serangoon North Avenue 4

Resale prices at Block 538 Serangoon North Avenue 4 in Serangoon have risen sharply, up about 48.2% over the past five years. Its median sits about 23% below the Serangoon median, cheaper than about 82% of the town's blocks. It has a regular flow of resale activity, with 22 transactions since 2017 across 4 room, 5 room flats priced from $360,000 to $788,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $618,000 in Feb 2026, and the median works out to $3,830/sqm. Floor level matters here: units on the higher 07 TO 09 band have sold around 23% above those on the 01 TO 03 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8961, equivalent to roughly 0.41% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 538 Serangoon North Avenue 4 worth?

The most recent resale transaction at Block 538 Serangoon North Avenue 4 was $618,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $3,830, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Serangoon North Avenue 4?

Block 538 Serangoon North Avenue 4 was built in 1992 and has approximately 65 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 538 Serangoon North Avenue 4?

Block 538 Serangoon North Avenue 4 in Serangoon contains 4 room, 5 room flats. Resale prices range from $360,000 to $788,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Serangoon North Avenue 4 gone up or down?

Resale prices at Block 538 Serangoon North Avenue 4 have increased by approximately 48.2% over the past five years. The current median price is $402,500, with the most recent sale at $618,000 in 2026-02.

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