Blk 407 Serangoon Ave 1 is an HDB block in Serangoon (completed in 1988, 13 storeys, 84 units). As of Jul 2026, its median resale price over the last 24 months is $915,000, about 17% above the Serangoon median, from 6 sales. 89 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1988 |
| Lease from | 1989 |
| Storeys | 13 |
| Dwelling units | 84 |
| Unit mix (sold) | 4-room ×72 · 5-room ×12 |
| Recorded resales | 89 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $910,000 | $8,349/m² | 5 |
| 5-Room | $1,060,000 | $8,030/m² | 1 |
Median monthly rent at this block: $3,800/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~5.0% (Serangoon average: ~5.1%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 7% of Serangoon blocks with recent sales.
For a typical 4-room flat here, our price model estimates $718,184–$803,392 (central estimate $760,788). Recent sales — median $767,474 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1994 | $292,500 | $490,977 | 2 |
| 1995 | $268,000 | $442,224 | 5 |
| 1996 | $370,000 | $602,221 | 3 |
| 1997 | $346,000 | $551,993 | 3 |
| 1998 | $333,000 | $532,702 | 7 |
| 1999 | $284,150 | $454,448 | 12 |
| 2000 | $288,000 | $454,475 | 3 |
| 2001 | $322,250 | $503,421 | 4 |
| 2002 | $293,000 | $459,527 | 4 |
| 2003 | $316,500 | $493,972 | 2 |
| 2004 | $271,000 | $416,003 | 3 |
| 2006 | $286,000 | $432,781 | 3 |
| 2007 | $400,000 | $592,780 | 5 |
| 2008 | $405,750 | $563,884 | 2 |
| 2009 | $428,500 | $592,019 | 2 |
| 2010 | $615,000 | $826,314 | 1 |
| 2013 | $746,600 | $890,286 | 1 |
| 2014 | $573,000 | $676,282 | 3 |
| 2015 | $610,000 | $723,736 | 1 |
| 2016 | $719,000 | $857,597 | 2 |
| 2017 | $608,000 | $721,041 | 3 |
| 2018 | $640,000 | $755,677 | 1 |
| 2020 | $560,000 | $658,620 | 3 |
| 2022 | $730,000 | $790,649 | 2 |
| 2023 | $700,000 | $723,200 | 3 |
| 2024 | $810,000 | $817,314 | 5 |
| 2025 | $915,000 | $915,000 | 4 |
| Record sale | $1,060,000 (5-Room, 2024-12) |
|---|---|
| First recorded sale | $275,000 (1994-01) |
| Busiest year | 1999 · 12 sales |
| 10-year change (real) | +26% (+2.4%/yr, 2015→2025) |
| Total transacted | $40.0M across 89 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-07 | 4-Room | 10 TO 12 | 109 | $920,000 |
| 2025-02 | 4-Room | 10 TO 12 | 106 | $743,000 |
| 2025-02 | 4-Room | 07 TO 09 | 109 | $910,000 |
| 2025-02 | 4-Room | 13 TO 15 | 113 | $938,000 |
| 2024-12 | 5-Room | 04 TO 06 | 132 | $1,060,000 |
| 2024-11 | 4-Room | 07 TO 09 | 106 | $890,000 |
| 2024-06 | 4-Room | 07 TO 09 | 104 | $810,000 |
| 2024-04 | 4-Room | 07 TO 09 | 96 | $685,000 |
| 2024-02 | 4-Room | 10 TO 12 | 103 | $753,288 |
| 2023-07 | 4-Room | 04 TO 06 | 106 | $680,000 |
| 2023-04 | 4-Room | 04 TO 06 | 109 | $700,000 |
| 2023-01 | 4-Room | 04 TO 06 | 106 | $750,000 |
| 2022-05 | 5-Room | 07 TO 09 | 131 | $810,000 |
| 2022-04 | 4-Room | 10 TO 12 | 106 | $650,000 |
| 2020-11 | 4-Room | 10 TO 12 | 105 | $560,000 |
| 2020-11 | 4-Room | 04 TO 06 | 103 | $560,000 |
| 2020-01 | 4-Room | 10 TO 12 | 106 | $628,000 |
| 2018-07 | 4-Room | 10 TO 12 | 106 | $640,000 |
| 2017-11 | 4-Room | 07 TO 09 | 106 | $608,000 |
| 2017-01 | 4-Room | 04 TO 06 | 109 | $560,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 405 | $975,000 | $8,049/m² |
| 2. Blk 408 | $947,500 | $8,337/m² |
| 3. Blk 426 | $930,000 | $8,728/m² |
| 4. Blk 407 | $915,000 | $8,325/m² |
| 5. Blk 403 | $885,000 | $7,811/m² |
| 6. Blk 404 | $855,000 | $6,951/m² |
| 7. Blk 425 | $847,500 | $8,012/m² |
| 8. Blk 401 | $838,888 | $7,844/m² |
| 9. Blk 402 | $780,000 | $7,381/m² |
The median resale price over the last 24 months is $915,000 (6 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $718,184–$803,392 (central estimate $760,788). Recent sales — median $767,474 — sit within that range.
The median monthly rent is $3,800/mo over the last 12 months (1 contracts).
The block was completed in 1988 and its 99-year lease runs from 1989.