Blk 550 Serangoon North Avenue 3
About 550 Serangoon Nth Ave 3
550 Serangoon North Avenue 3 is an HDB block located in Serangoon. It has 4 room and 5 room units and the highest floor is 16. The block was completed in 1995 and the lease with HDB commenced in 1997. This means that the remaining lease period is approximately 78 years 10 months. The unit floor size are 100, 119, 120 and 121sqm. The latest resale transaction was in Feb 2024 and the highest transacted price was recorded in Mar 2022 for a 5 room unit at $680,888.
For secondary education, the nearby schools include Serangoon Garden Secondary School and Bowen Secondary School.
There are also 5 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $540,000 | $540,000 | $540,000 | 1 |
| 5 room | $622,000 | $651,444 | $680,888 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,000 | $2,517 | $3,200 | 6 |
| 5 room | $2,000 | $3,063 | $4,500 | 8 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 550 Serangoon North Avenue 3.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Stable or no visible trend
- 5 room price : Trending down
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 550 Serangoon North Avenue 3, with the latest one recorded in Feb 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Feb 2024 | $540,000 | $5,400 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room / 100 sqm | 04 to 06 | 100 sqm | Model A | 1997 |
| Feb 2024 | $622,000 | $5,227 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room / 119 sqm | 01 to 03 | 119 sqm | Improved | 1997 |
| Mar 2022 | $680,888 | $5,674 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room / 120 sqm | 13 to 15 | 120 sqm | Improved | 1997 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 550 Serangoon North Avenue 3.
- 4 room rental : Trending up
- 5 room rental : Stable trend
- 4 room rental price : Trending up
- 5 room rental price : Trending up
Rental transaction details and prices
There were a total of 14 rental transactions in the last 3 years for units in block 550 Serangoon North Avenue 3. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $2,900 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room | Serangoon |
| Jul 2024 | $3,200 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room | Serangoon |
| Jul 2024 | $3,700 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Mar 2024 | $3,350 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Feb 2024 | $3,500 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Oct 2023 | $2,000 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Aug 2023 | $2,100 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room | Serangoon |
| Jul 2023 | $2,500 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room | Serangoon |
| Apr 2023 | $4,500 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Jan 2023 | $2,000 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room | Serangoon |
| Aug 2022 | $2,700 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Jun 2022 | $2,400 | 4 Room | Blk 550 Serangoon North Avenue 3 4 Room | Serangoon |
| Mar 2022 | $2,400 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
| Jan 2022 | $2,350 | 5 Room | Blk 550 Serangoon North Avenue 3 5 Room | Serangoon |
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Property information for 550 Serangoon North Avenue 3
| Block | : | 550 |
| Street | : | Serangoon North Avenue 3 |
| Building | : | |
| Postal code | : | 550550 |
| Town | : | Serangoon |
| Recorded transactions floor area | : | 100 sqm, 119 sqm, 120 sqm, 121 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Model A |
| Lease commencement | : | 1997 |
| Year completed | : | 1995 |
| Max. Floor | : | 16 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
