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Block 308 Serangoon Avenue 2

4 Room · Built 1985 · 58 years remaining lease · Updated Jun 2026 MOP Cleared

Block 308 Serangoon Avenue 2 has 16 recorded HDB resale transactions since 2017. Latest sale: $670,000 (Jun 2026, 4 room, floors 04–06). Median $5,070/sqm. Built 1985, 58 years lease remaining.

Latest Sale
$670,000
Jun 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$5,070
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 66%
#150 / 227 Top 66%
Latest Sale ?
Top 52%
#118 / 227 Top 52%
Value ($/sqm) ?
Top 62%
#141 / 227 Top 62%
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
−0.55%/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 58 years remaining 99 years
58 years
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 04 TO 06 4 ROOM 93 sqm $670,000 $7,204
Sep 2024 07 TO 09 4 ROOM 96 sqm $685,000 $7,135
Nov 2023 04 TO 06 4 ROOM 96 sqm $628,000 $6,542
Mar 2023 01 TO 03 4 ROOM 95 sqm $560,000 $5,895
Jan 2023 04 TO 06 4 ROOM 95 sqm $565,000 $5,947
May 2022 07 TO 09 4 ROOM 95 sqm $525,000 $5,526
Jan 2022 07 TO 09 4 ROOM 93 sqm $530,000 $5,699
Nov 2020 04 TO 06 4 ROOM 91 sqm $428,888 $4,713
Aug 2019 07 TO 09 4 ROOM 104 sqm $468,000 $4,500
Jul 2019 04 TO 06 4 ROOM 95 sqm $422,000 $4,442
Jan 2019 04 TO 06 4 ROOM 95 sqm $455,000 $4,789
Nov 2018 01 TO 03 4 ROOM 95 sqm $390,000 $4,105
Sep 2018 07 TO 09 4 ROOM 95 sqm $480,000 $5,053
Nov 2017 04 TO 06 4 ROOM 91 sqm $463,000 $5,088
Mar 2017 01 TO 03 4 ROOM 91 sqm $458,000 $5,033
Feb 2017 01 TO 03 4 ROOM 95 sqm $455,000 $4,789
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 308 Serangoon Avenue 2

Block 308 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 4 room flats, with resale prices ranging from $390,000 to $685,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $670,000 in 2026-06. The current median price per square metre is $5,070. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8640, with an annual lease decay rate of approximately 0.55%. 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 308 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 308 Serangoon Avenue 2 was $670,000 for a 4 room flat in 2026-06. The median price per square metre across all flat types is $5,070, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 308 Serangoon Avenue 2?

Block 308 Serangoon Avenue 2 was built in 1985 and has approximately 58 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 308 Serangoon Avenue 2?

Block 308 Serangoon Avenue 2 in Serangoon contains 4 room flats. Resale prices range from $390,000 to $685,000 based on historical transaction records from data.gov.sg.

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