Block 238 Serangoon Avenue 2
Block 238 Serangoon Avenue 2 has 13 recorded HDB resale transactions since 2017. Latest sale: $745,000 (Nov 2024, 4 room, floors 04–06). Median $6,131/sqm. Built 1985, 59 years lease remaining.
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 |
|---|---|---|---|
| 4-Room | $3,400 typically $3,100–$3,700 | 6.2% | Serangoon avg · block too thin |
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.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2024 | 04 TO 06 | 4 ROOM | 105 sqm | $745,000 | $7,095 |
| Sep 2024 | 07 TO 09 | 4 ROOM | 84 sqm | $610,000 | $7,262 |
| May 2024 | 01 TO 03 | 4 ROOM | 84 sqm | $600,000 | $7,143 |
| Apr 2024 | 04 TO 06 | 4 ROOM | 84 sqm | $600,000 | $7,143 |
| Feb 2024 | 10 TO 12 | 4 ROOM | 84 sqm | $658,800 | $7,843 |
| Nov 2022 | 10 TO 12 | 4 ROOM | 84 sqm | $515,000 | $6,131 |
| Feb 2022 | 04 TO 06 | 4 ROOM | 105 sqm | $615,000 | $5,857 |
| Nov 2021 | 07 TO 09 | 4 ROOM | 84 sqm | $532,000 | $6,333 |
| Jun 2021 | 10 TO 12 | 4 ROOM | 84 sqm | $490,000 | $5,833 |
| Oct 2018 | 10 TO 12 | 4 ROOM | 84 sqm | $515,000 | $6,131 |
| Mar 2018 | 04 TO 06 | 4 ROOM | 84 sqm | $475,000 | $5,655 |
| Sep 2017 | 01 TO 03 | 4 ROOM | 90 sqm | $440,000 | $4,889 |
| Sep 2017 | 01 TO 03 | 4 ROOM | 84 sqm | $445,000 | $5,298 |
About Block 238 Serangoon Avenue 2
Block 238 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $440,000 to $745,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $745,000 in 2024-11. The current median price per square metre is $6,131. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8716, with an annual lease decay rate of approximately 0.52%. 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 238 Serangoon Avenue 2 worth?
The most recent resale transaction at Block 238 Serangoon Avenue 2 was $745,000 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $6,131, based on 13 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 238 Serangoon Avenue 2?
Block 238 Serangoon Avenue 2 was built in 1985 and has approximately 59 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.
What flat types are available at Block 238 Serangoon Avenue 2?
Block 238 Serangoon Avenue 2 in Serangoon contains 4 room flats. Resale prices range from $440,000 to $745,000 based on historical transaction records from data.gov.sg.