228 Serangoon Avenue 4 550228, Serangoon Garden, North-east Region, Singapore
$650,000
C.H.E.A.P. Rare high floor corner unit in a prime Serangoon location. Bright, windy, and full of potential perfect for buyers looking to renovate and design their own dream home. Serious and motivated seller. Don’t miss this opportunity. Unit Highlights: • 4NG | 91 sqm / 979 sqft • High floor, corner unit • Door-to-door privacy • Bright & well ventilated • Squarish, efficient layout • Original condition • Renovate to your own design • Main door facing East • Living room facing North • Balance lease approx. 57 years • All races eligible • Pure selling, no extension Location & Convenience: • Minutes to Serangoon MRT & Lorong Chuan MRT • Near NEX Shopping Mall • Close to Serangoon Garden Market & hawker centres • Surrounded by amenities, shops & daily conveniences • Excellent connectivity in a mature estate It is accessible through the nearest train stations such as Serangoon (CC13 NE12), Lorong Chuan (CC14), and Kovan (NE13). The nearest primary schools are Zhonghua Primary School, Chij Our Lady Of Good Counsel, and Yangzheng Primary School. This property is close to amenities like FAIRPRICE, GIANT, and FAIRPRICE XTRA. The closest shopping malls are NEX, NEX, and ICB Shopping Centre. Interested Buyers or Sellers call or message me at my 24hrs hotline for more inquiries about this unit. Sellers, if you wish to sell and upgrade and unlock some cash profits from your current HDB to a bigger home Or even Right size to have a financially affordable and stress-free home. Lots of options are available, do call me for FREE financial advice on your property inquiries.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 6 HDB resale transactions (data.gov.sg)
Fair Value
S$537,310
S$549 psf
Asking Price
S$650,000
S$664 psf
vs Market
+21.0%
vs Last Done
0.0%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
Low
6 comps
Nearest MRT
Serangoon
834m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
6 comparable transactions
S$673
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$549
Recent Comparable Transactions
6 shown · 6 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 228 SERANGOON AVE 4 Floor 13 TO 15 | 980sqft | S$650,000 | ▲S$664 +20.9% vs FV | 99yr from 1984 |
Mar 2026 | Blk 228 SERANGOON AVE 4 Floor 13 TO 15 | 980sqft | S$650,000 | ▲S$664 +20.9% vs FV | 99yr from 1984 |
Mar 2026 | Blk 228 SERANGOON AVE 4 Floor 13 TO 15 | 980sqft | S$650,000 | ▲S$664 +20.9% vs FV | 99yr from 1984 |
May 2025 | Blk 228 SERANGOON AVE 4 Floor 10 TO 12 | 1,001sqft | S$676,000 | ▲S$675 +23.0% vs FV | 99yr from 1984 |
May 2025 | Blk 228 SERANGOON AVE 4 Floor 04 TO 06 | 980sqft | S$665,000 | ▲S$679 +23.7% vs FV | 99yr from 1984 |
May 2025 | Blk 228 SERANGOON AVE 4 Floor 10 TO 12 | 1,001sqft | S$676,000 | ▲S$675 +23.0% vs FV | 99yr from 1984 |
May 2025 | Blk 228 SERANGOON AVE 4 Floor 04 TO 06 | 980sqft | S$665,000 | ▲S$679 +23.7% vs FV | 99yr from 1984 |
Blk 228 SERANGOON AVE 4
Mar 2026 · Floor 13 TO 15
+20.9% vs FV
Blk 228 SERANGOON AVE 4
Mar 2026 · Floor 13 TO 15
+20.9% vs FV
Blk 228 SERANGOON AVE 4
Mar 2026 · Floor 13 TO 15
+20.9% vs FV
Blk 228 SERANGOON AVE 4
May 2025 · Floor 10 TO 12
+23.0% vs FV
Blk 228 SERANGOON AVE 4
May 2025 · Floor 04 TO 06
+23.7% vs FV
Blk 228 SERANGOON AVE 4
May 2025 · Floor 10 TO 12
+23.0% vs FV
Blk 228 SERANGOON AVE 4
May 2025 · Floor 04 TO 06
+23.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room unit in Serangoon reflects an estimated value of $537,310, translating to $549 PSF. This valuation is positioned significantly above the market baseline, indicating a remarkable 21% premium relative to comparable properties in the vicinity. The remaining lease of 56 years is a critical factor, as properties with shorter leases tend to experience greater valuation fluctuations. However, the current demand for HDB units in the Serangoon area suggests a resilience that may be influencing this upward valuation trend.
Despite the attractive valuation, the model confidence is rated as low, primarily due to the limited data set of only six recent HDB resale transactions in the area. This scarcity can lead to potential volatility in market signals, warranting caution for prospective buyers and investors. The market dynamics in Serangoon are indicative of a competitive real estate landscape, driven by factors such as location desirability, community amenities, and accessibility. Investors should consider these elements alongside the remaining lease duration to make informed decisions in this evolving market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.