Blk 408 Serangoon Avenue 1 — HDB resale prices
HDB resale prices, Serangoon · 4-Room, 5-Room · built 1988
median resale price, last 24 months
2 sales in that window · as of Sep 2026
How it compares
Blk 408 Serangoon Avenue 1 is an HDB block in Serangoon (completed in 1988, 13 storeys, 72 units). As of Sep 2026, its median resale price over the last 24 months is $947,500, about 41% above the Serangoon median, from 2 sales. 80 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×48 · 5-room ×24
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,600/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~4.6% (Serangoon average: ~6.3%) — 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.
What the price model says
For a typical 4-room flat here, our price model estimates $709,923–$793,673 (central estimate $751,798). Recent sales — median $805,000 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1993 | $298,000 | $515,685 | 1 |
| 1994 | $325,000 | $545,530 | 3 |
| 1995 | $272,000 | $448,824 | 5 |
| 1996 | $425,000 | $691,741 | 3 |
| 1997 | $485,000 | $773,747 | 3 |
| 1998 | $355,000 | $567,895 | 6 |
| 1999 | $316,000 | $505,387 | 6 |
| 2000 | $346,000 | $546,002 | 2 |
| 2001 | $300,000 | $468,662 | 3 |
| 2002 | $266,000 | $417,181 | 3 |
| 2003 | $273,000 | $426,080 | 3 |
| 2004 | $299,000 | $458,985 | 4 |
| 2005 | $312,000 | $476,685 | 1 |
| 2006 | $301,000 | $455,479 | 2 |
| 2008 | $404,944 | $562,764 | 4 |
| 2009 | $397,500 | $549,189 | 1 |
| 2010 | $510,000 | $685,236 | 3 |
| 2011 | $532,000 | $679,129 | 3 |
| 2013 | $602,500 | $718,453 | 2 |
| 2014 | $560,000 | $660,939 | 3 |
| 2015 | $638,000 | $756,956 | 1 |
| 2016 | $640,000 | $763,368 | 3 |
| 2017 | $550,000 | $652,257 | 3 |
| 2018 | $763,000 | $900,909 | 1 |
| 2019 | $691,500 | $811,878 | 2 |
| 2021 | $570,000 | $655,207 | 1 |
| 2022 | $770,944 | $834,994 | 4 |
| 2023 | $819,000 | $846,145 | 2 |
| 2025 | $1,090,000 | $1,090,000 | 1 |
| 2026 | $805,000 | $805,000 | 1 |
Records
| Record sale | $1,090,000 (5-Room, 2025-07) |
|---|---|
| First recorded sale | $298,000 (1993-12) |
| Busiest year | 1998 · 6 sales |
| 10-year change (real) | +5% (+0.5%/yr, 2016→2026) |
| Total transacted | $36.7M across 80 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-05 | 4-Room | 01–03 | 105 m² | $805,000 |
| 2025-07 | 5-Room | 07–09 | 121 m² | $1,090,000 |
| 2023-09 | 5-Room | 07–09 | 121 m² | $868,000 |
| 2023-03 | 4-Room | 04–06 | 113 m² | $770,000 |
| 2022-08 | 4-Room | 13–15 | 113 m² | $785,000 |
| 2022-07 | 5-Room | 01–03 | 121 m² | $856,000 |
| 2022-05 | 4-Room | 07–09 | 111 m² | $756,888 |
| 2022-02 | 4-Room | 04–06 | 113 m² | $712,888 |
| 2021-02 | 4-Room | 01–03 | 105 m² | $570,000 |
| 2019-03 | 4-Room | 01–03 | 111 m² | $663,000 |
| 2019-01 | 5-Room | 13–15 | 121 m² | $720,000 |
| 2018-05 | 5-Room | 10–12 | 121 m² | $763,000 |
| 2017-10 | 4-Room | 04–06 | 111 m² | $618,000 |
| 2017-06 | 4-Room | 10–12 | 103 m² | $535,000 |
| 2017-03 | 4-Room | 01–03 | 105 m² | $550,000 |
| 2016-08 | 4-Room | 10–12 | 111 m² | $640,000 |
| 2016-06 | 5-Room | 07–09 | 121 m² | $758,000 |
| 2016-04 | 4-Room | 07–09 | 105 m² | $620,000 |
| 2015-12 | 5-Room | 01–03 | 121 m² | $638,000 |
| 2014-09 | 4-Room | 04–06 | 105 m² | $560,000 |
Serangoon Avenue 1 blocks ranked by price
More blocks on Serangoon Avenue 1
Quick answers
How much does a flat at Blk 408 Serangoon Avenue 1 cost?
The median resale price over the last 24 months is $947,500 (2 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 408 Serangoon Avenue 1 fairly priced?
For a typical 4-room flat here, our price model estimates $709,923–$793,673 (central estimate $751,798). Recent sales — median $805,000 — sit above that range.
What is the rent at Blk 408 Serangoon Avenue 1?
The median monthly rent is $3,600/mo over the last 12 months (1 contracts).
How old is Blk 408 Serangoon Avenue 1?
The block was completed in 1988 and its 99-year lease runs from 1989.