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Block 243 Serangoon Avenue 2

3 Room · 4 Room · Built 1985 · 60 years remaining lease MOP Cleared
Latest Sale
$745,000
Jan 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$5,982
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +25.2%
Median price change
Median Price ?
Top 56%
#128 / 227 Top 56%
Latest Sale ?
Top 40%
#90 / 227 Top 40%
Value ($/sqm) ?
Top 32%
#73 / 227 Top 32%
5-Year Growth ?
Top 83%
#125 / 150 Top 83%
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
+4.6%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Based on this block’s +25.2% growth over 5 years
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 60 years remaining 99 years
60 years
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.51%/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
Jan 2025 10 TO 12 4 ROOM 89 sqm $745,000 $8,371
Dec 2024 07 TO 09 4 ROOM 89 sqm $725,000 $8,146
Apr 2024 01 TO 03 4 ROOM 89 sqm $615,000 $6,910
Oct 2023 04 TO 06 4 ROOM 89 sqm $618,000 $6,944
May 2023 10 TO 12 3 ROOM 64 sqm $425,000 $6,641
Sep 2022 10 TO 12 4 ROOM 89 sqm $600,000 $6,742
Apr 2022 01 TO 03 4 ROOM 89 sqm $480,000 $5,393
Apr 2022 07 TO 09 4 ROOM 89 sqm $600,000 $6,742
Feb 2022 04 TO 06 4 ROOM 84 sqm $485,000 $5,774
Jul 2021 10 TO 12 4 ROOM 89 sqm $595,000 $6,685
Sep 2020 01 TO 03 4 ROOM 89 sqm $480,000 $5,393
Jun 2019 10 TO 12 4 ROOM 84 sqm $505,000 $6,012
May 2019 10 TO 12 4 ROOM 89 sqm $528,000 $5,933
Mar 2019 01 TO 03 3 ROOM 64 sqm $335,000 $5,234
Mar 2019 04 TO 06 3 ROOM 64 sqm $335,000 $5,234
Jul 2018 04 TO 06 3 ROOM 64 sqm $338,000 $5,281
Feb 2018 04 TO 06 3 ROOM 64 sqm $338,000 $5,281
Jan 2018 07 TO 09 3 ROOM 64 sqm $338,000 $5,281
Oct 2017 07 TO 09 4 ROOM 84 sqm $550,000 $6,548
Sep 2017 10 TO 12 4 ROOM 84 sqm $500,000 $5,952
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 243 Serangoon Avenue 2

Block 243 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 60 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $335,000 to $745,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $745,000 in 2025-01. The current median price per square metre is $5,982. Over the past five years, resale prices at this block have increased by approximately 25.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8731, with an annual lease decay rate of approximately 0.51%. 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 243 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 243 Serangoon Avenue 2 was $745,000 for a 4 room flat in 2025-01. The median price per square metre across all flat types is $5,982, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 243 Serangoon Avenue 2?

Block 243 Serangoon Avenue 2 was built in 1985 and has approximately 60 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 243 Serangoon Avenue 2?

Block 243 Serangoon Avenue 2 in Serangoon contains 3 room, 4 room flats. Resale prices range from $335,000 to $745,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 243 Serangoon Avenue 2 gone up or down?

Resale prices at Block 243 Serangoon Avenue 2 have increased by approximately 25.2% over the past five years. The current median price is $502,500, with the most recent sale at $745,000 in 2025-01.

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