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Block 236A Serangoon Avenue 2

Executive · Built 1998 · 72 years remaining lease · Updated Oct 2024 MOP Cleared

Block 236A Serangoon Avenue 2 has 15 recorded HDB resale transactions since 2017. Latest sale: $1,180,000 (Oct 2024, executive, floors 07–09). Median $6,942/sqm. Built 1998, 72 years lease remaining.

Latest Sale
$1,180,000
Oct 2024 · EXECUTIVE · Floor 07-09
Median $/sqm
$6,942
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 1%
#3 / 227 Top 1%
Latest Sale ?
Top 2%
#5 / 227 Top 2%
Value ($/sqm) ?
Top 4%
#10 / 227 Top 4%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 72 years remaining 99 years
72 years 9 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.31%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Serangoon average.

Flat type Median rent /mo Gross yield Based on
Executive $3,900 typically $3,600–$4,300 4.4% Serangoon avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2024 07 TO 09 EXECUTIVE 140 sqm $1,180,000 $8,429
Jul 2024 16 TO 18 EXECUTIVE 140 sqm $1,238,000 $8,843
Sep 2023 07 TO 09 EXECUTIVE 140 sqm $1,100,000 $7,857
Jan 2023 01 TO 03 EXECUTIVE 140 sqm $1,038,000 $7,414
Dec 2022 10 TO 12 EXECUTIVE 140 sqm $1,068,000 $7,629
Nov 2021 13 TO 15 EXECUTIVE 140 sqm $1,030,000 $7,357
Jun 2021 01 TO 03 EXECUTIVE 141 sqm $830,000 $5,887
Apr 2021 01 TO 03 EXECUTIVE 141 sqm $800,000 $5,674
Apr 2021 13 TO 15 EXECUTIVE 140 sqm $1,020,000 $7,286
Sep 2020 07 TO 09 EXECUTIVE 140 sqm $900,000 $6,429
Jan 2019 04 TO 06 EXECUTIVE 140 sqm $940,000 $6,714
Aug 2018 04 TO 06 EXECUTIVE 140 sqm $960,000 $6,857
Nov 2017 13 TO 15 EXECUTIVE 141 sqm $970,777 $6,885
Sep 2017 13 TO 15 EXECUTIVE 140 sqm $971,888 $6,942
Jul 2017 16 TO 18 EXECUTIVE 141 sqm $938,000 $6,652
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 236A Serangoon Avenue 2

Block 236A at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1998 with approximately 72 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $800,000 to $1,238,000 based on 15 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $1,180,000 in 2024-10. The current median price per square metre is $6,942. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9181, with an annual lease decay rate of approximately 0.31%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 236A Serangoon Avenue 2 worth?

The most recent resale transaction at Block 236A Serangoon Avenue 2 was $1,180,000 for a executive flat in 2024-10. The median price per square metre across all flat types is $6,942, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 236A Serangoon Avenue 2?

Block 236A Serangoon Avenue 2 was built in 1998 and has approximately 72 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 236A Serangoon Avenue 2?

Block 236A Serangoon Avenue 2 in Serangoon contains executive flats. Resale prices range from $800,000 to $1,238,000 based on historical transaction records from data.gov.sg.

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