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, with a remaining lease of 56 years, stands at an estimated value of $537,310, translating to a price per square foot (PSF) of $549. This valuation is indicative of a market position that is notably above the baseline, reflecting a significant 21% premium compared to similar properties in the vicinity. Such a variance suggests a robust demand for housing in this district, potentially driven by its strategic location, proximity to amenities, and the overall desirability of the Serangoon area.
However, it is essential to note that the model confidence for this valuation is classified as low, primarily based on a limited dataset of six recent HDB resale transactions nearby. This low confidence level could imply a degree of volatility in market conditions or a lack of sufficient comparable sales to substantiate the premium pricing. As the remaining lease term is a critical factor in HDB valuations, prospective buyers should weigh the implications of the remaining 56-year lease against the potential for future appreciation and the overall market trajectory in Serangoon.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.