Block 244 Serangoon Avenue 2
Block 244 Serangoon Avenue 2 has 1 recorded HDB resale transactions since 2017. Latest sale: $490,000 (Mar 2020, 4 room, floors 01–03). Median $5,506/sqm. Built 1985, 64 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 |
|---|---|---|---|---|---|
| Mar 2020 | 01 TO 03 | 4 ROOM | 89 sqm | $490,000 | $5,506 |
About Block 244 Serangoon Avenue 2
Block 244 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 64 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $490,000 to $490,000 based on 1 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $490,000 in 2020-03. The current median price per square metre is $5,506. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8913, with an annual lease decay rate of approximately 0.43%. 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 244 Serangoon Avenue 2 worth?
The most recent resale transaction at Block 244 Serangoon Avenue 2 was $490,000 for a 4 room flat in 2020-03. The median price per square metre across all flat types is $5,506, based on 1 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 244 Serangoon Avenue 2?
Block 244 Serangoon Avenue 2 was built in 1985 and has approximately 64 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.
What flat types are available at Block 244 Serangoon Avenue 2?
Block 244 Serangoon Avenue 2 in Serangoon contains 4 room flats. Resale prices range from $490,000 to $490,000 based on historical transaction records from data.gov.sg.