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Block 236A Serangoon Avenue 2

Executive · Built 1998 · 72 years remaining lease MOP Cleared
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.
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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