How Much Is a Flat at Block 116 Serangoon Nth Ave 1 Worth?

4 Room, 5 Room · Built 1986 · 59 years 09 months remaining MOP Cleared

Latest Sale

$728,000

2025-05 · 5 Room

Median $/sqm

$4,797

Based on 20 txns

Total Txns

20

Since data available

5-Yr Trend

▲33.3%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

3.1 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 59 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 59 years of lease left. Buyers already face CPF usage limits and lower loan quantum when purchasing. This means fewer buyers qualify, and those who do will negotiate harder. Selling sooner gives you a larger buyer pool and a stronger sale price.

A specialist agent can target the right buyers and negotiate the best possible outcome for you.

Transaction History 20 total

Date Floor Type sqm Price $/sqm
2025-05 10 TO 12 5 Room 121 $728,000 $6,017
2024-10 04 TO 06 4 Room 98 $540,000 $5,510
2024-05 13 TO 15 5 Room 121 $685,888 $5,668
2024-02 07 TO 09 5 Room 121 $670,000 $5,537
2023-10 10 TO 12 4 Room 98 $490,000 $5,000
2023-08 13 TO 15 5 Room 121 $662,000 $5,471
2023-04 07 TO 09 5 Room 121 $646,000 $5,339
2023-03 07 TO 09 5 Room 123 $620,000 $5,041
2022-12 07 TO 09 5 Room 121 $640,000 $5,289
2022-08 07 TO 09 5 Room 121 $583,888 $4,826
2022-07 10 TO 12 5 Room 121 $577,000 $4,769
2022-03 04 TO 06 5 Room 121 $538,888 $4,454
2021-09 13 TO 15 5 Room 121 $570,000 $4,711
2020-12 04 TO 06 5 Room 121 $495,000 $4,091
2020-10 01 TO 03 5 Room 121 $473,000 $3,909
2020-06 04 TO 06 5 Room 121 $465,000 $3,843
2020-03 07 TO 09 4 Room 98 $345,000 $3,520
2020-02 04 TO 06 5 Room 121 $469,000 $3,876
2019-10 04 TO 06 5 Room 123 $462,500 $3,760
2017-11 07 TO 09 5 Room 121 $438,800 $3,626
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About Block 116 Serangoon Nth Ave 1

Block 116 at Serangoon Nth Ave 1 is a residential HDB block in Serangoon, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 4 Room, 5 Room flats, with resale prices ranging from $490,000 to $577,000 based on 20 recorded transactions. The most recent transaction was a 5 Room flat (storeys 10–12) that sold for $728,000 in May 2025. The current median price per square metre is $4,797. Over the past five years, resale prices have risen by approximately 33.3%.

With 59 years of lease remaining, buyers may face reduced CPF usage and lower bank loan limits. Selling sooner preserves your buyer pool and sale price.

All data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is a flat at Block 116 Serangoon Nth Ave 1?

Based on 20 recorded transactions, the median resale price ranges from $490,000 (4 Room) to $577,000 (5 Room). The most recent sale was $728,000 in 2025-05.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $540,000
5 Room $706,944

What is my flat worth at Block 116?

The overall median resale price at Block 116 Serangoon Nth Ave 1 is $623,472. Prices have risen 33.3% over the past 5 years.

How active is the resale market at Block 116?

Block 116 has recorded 20 resale transactions — roughly 0.8 sales per month over the past 24 months. The latest transaction closed in 2025-05.

What flat types are available at Block 116?

Block 116 Serangoon Nth Ave 1 has 4 Room, 5 Room units. Median prices range from $490,000 to $577,000.

How much can I unlock to upgrade if I sell my HDB at Block 116?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 116?

Block 116 was built in 1986 with a 99-year lease. It has approximately 59 years 09 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Seller stamp duty None (after MOP)
Total (est.) on $706,944 $14,719 to $16,219