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Block 302 Serangoon Avenue 2

3 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$495,000
Dec 2025 · 3 ROOM · Floor 07-09
Median $/sqm
$5,583
Based on 35 transactions
Total Transactions
35
Since Jan 2017
5-Year Trend
▲ +37.5%
Median price change
Median Price ?
Top 95%
#216 / 227 Top 95%
Latest Sale ?
Top 86%
#195 / 227 Top 86%
Value ($/sqm) ?
Top 44%
#99 / 227 Top 44%
5-Year Growth ?
Top 46%
#69 / 150 Top 46%
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
+6.6%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +37.5% 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 58 years remaining 99 years
58 years 4 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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
Dec 2025 07 TO 09 3 ROOM 60 sqm $495,000 $8,250
Apr 2025 10 TO 12 3 ROOM 60 sqm $460,000 $7,667
Mar 2025 07 TO 09 3 ROOM 60 sqm $450,000 $7,500
Mar 2025 01 TO 03 3 ROOM 69 sqm $450,000 $6,522
Nov 2024 01 TO 03 3 ROOM 60 sqm $400,000 $6,667
Dec 2023 01 TO 03 3 ROOM 60 sqm $355,000 $5,917
Dec 2023 10 TO 12 3 ROOM 60 sqm $430,000 $7,167
Oct 2023 10 TO 12 3 ROOM 69 sqm $455,000 $6,594
Aug 2023 07 TO 09 3 ROOM 69 sqm $420,000 $6,087
Jun 2023 04 TO 06 3 ROOM 60 sqm $410,000 $6,833
May 2023 07 TO 09 3 ROOM 69 sqm $430,000 $6,232
Dec 2022 04 TO 06 3 ROOM 69 sqm $315,000 $4,565
Dec 2022 04 TO 06 3 ROOM 70 sqm $408,000 $5,829
Oct 2022 07 TO 09 3 ROOM 70 sqm $448,000 $6,400
Sep 2022 10 TO 12 3 ROOM 69 sqm $395,000 $5,725
Mar 2022 04 TO 06 3 ROOM 60 sqm $330,000 $5,500
Feb 2022 04 TO 06 3 ROOM 60 sqm $340,000 $5,667
Dec 2021 04 TO 06 3 ROOM 60 sqm $332,000 $5,533
Sep 2021 04 TO 06 3 ROOM 60 sqm $330,000 $5,500
Jun 2021 04 TO 06 3 ROOM 60 sqm $338,000 $5,633
Showing 20 of 35 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 302 Serangoon Avenue 2

Block 302 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $263,000 to $495,000 based on 35 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $495,000 in 2025-12. The current median price per square metre is $5,583. Over the past five years, resale prices at this block have increased by approximately 37.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8656, with an annual lease decay rate of approximately 0.54%. 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 302 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 302 Serangoon Avenue 2 was $495,000 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $5,583, based on 35 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 302 Serangoon Avenue 2?

Block 302 Serangoon Avenue 2 was built in 1985 and has approximately 58 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 302 Serangoon Avenue 2?

Block 302 Serangoon Avenue 2 in Serangoon contains 3 room flats. Resale prices range from $263,000 to $495,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 302 Serangoon Avenue 2 gone up or down?

Resale prices at Block 302 Serangoon Avenue 2 have increased by approximately 37.5% over the past five years. The current median price is $347,000, with the most recent sale at $495,000 in 2025-12.

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