Block 338 Woodlands Avenue 1

4 Room · Built 1989 · 65 years remaining lease MOP Cleared
Latest Sale
$440,000
Sep 2023 · 4 ROOM · #01-03
Median $/sqm
$3,810
Based on 7 transactions
Total Transactions
7
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 65 years remaining 99 years
65 years 1 months
Remaining lease
↓ 0.42%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.42%/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
Sep 2023 01 TO 03 4 ROOM 84 sqm $440,000 $5,238
May 2023 01 TO 03 4 ROOM 84 sqm $460,000 $5,476
Oct 2021 04 TO 06 4 ROOM 84 sqm $380,000 $4,524
Aug 2020 01 TO 03 4 ROOM 84 sqm $320,000 $3,810
Aug 2019 01 TO 03 4 ROOM 89 sqm $295,000 $3,315
Jul 2017 04 TO 06 4 ROOM 84 sqm $310,000 $3,690
Apr 2017 01 TO 03 4 ROOM 84 sqm $320,000 $3,810
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 338 Woodlands Avenue 1

Block 338 at Woodlands Avenue 1 is a residential HDB block in Woodlands, Singapore, built in 1989 with approximately 65 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $295,000 to $460,000 based on 7 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $440,000 in 2023-09. The current median price per square metre is $3,810. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8934, with an annual lease decay rate of approximately 0.42%. 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 338 Woodlands Avenue 1 worth?

The most recent resale transaction at Block 338 Woodlands Avenue 1 was $440,000 for a 4 room flat in 2023-09. The median price per square metre across all flat types is $3,810, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 338 Woodlands Avenue 1?

Block 338 Woodlands Avenue 1 was built in 1989 and has approximately 65 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.42%, meaning the leasehold value decreases by approximately 0.42% per year at the current remaining lease.

What flat types are available at Block 338 Woodlands Avenue 1?

Block 338 Woodlands Avenue 1 in Woodlands contains 4 room flats. Resale prices range from $295,000 to $460,000 based on historical transaction records from data.gov.sg.

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