Skip to content

Block 304 Serangoon Avenue 2

5 Room · Built 1985 · 60 years remaining lease MOP Cleared
Latest Sale
$810,000
Mar 2023 · 5 ROOM · Floor 01-03
Median $/sqm
$6,045
Based on 1 transactions
Total Transactions
1
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 7%
#17 / 227 Top 7%
Latest Sale ?
Top 29%
#66 / 227 Top 29%
Value ($/sqm) ?
Top 28%
#64 / 227 Top 28%
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
−0.49%/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 60 years remaining 99 years
60 years 10 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/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
Mar 2023 01 TO 03 5 ROOM 134 sqm $810,000 $6,045
Showing 1 of 1 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 304 Serangoon Avenue 2

Block 304 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 5 room flats, with resale prices ranging from $810,000 to $810,000 based on 1 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $810,000 in 2023-03. The current median price per square metre is $6,045. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8767, with an annual lease decay rate of approximately 0.49%. 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 304 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 304 Serangoon Avenue 2 was $810,000 for a 5 room flat in 2023-03. The median price per square metre across all flat types is $6,045, based on 1 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 304 Serangoon Avenue 2?

Block 304 Serangoon Avenue 2 was built in 1985 and has approximately 60 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 304 Serangoon Avenue 2?

Block 304 Serangoon Avenue 2 in Serangoon contains 5 room flats. Resale prices range from $810,000 to $810,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard