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Block 312 Serangoon Avenue 2

5 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$738,000
Feb 2025 · 5 ROOM · Floor 01-03
Median $/sqm
$5,438
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
▲ +15%
Median price change
Median Price ?
Top 28%
#63 / 227 Top 28%
Latest Sale ?
Top 41%
#93 / 227 Top 41%
Value ($/sqm) ?
Top 48%
#108 / 227 Top 48%
5-Year Growth ?
Top 99%
#148 / 150 Top 99%
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
+2.8%/yr
vs
Lease Decay
−0.52%/yr
Growth assumption
Based on this block’s +15% 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 59 years remaining 99 years
59 years 7 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
Feb 2025 01 TO 03 5 ROOM 125 sqm $738,000 $5,904
Jul 2023 10 TO 12 5 ROOM 121 sqm $800,000 $6,612
Jul 2022 10 TO 12 5 ROOM 121 sqm $768,000 $6,347
May 2022 10 TO 12 5 ROOM 121 sqm $666,000 $5,504
Apr 2022 10 TO 12 5 ROOM 121 sqm $720,000 $5,950
Feb 2021 04 TO 06 5 ROOM 121 sqm $642,000 $5,306
Dec 2018 10 TO 12 5 ROOM 121 sqm $650,000 $5,372
Nov 2018 01 TO 03 5 ROOM 121 sqm $560,000 $4,628
Apr 2018 04 TO 06 5 ROOM 121 sqm $603,888 $4,991
Oct 2017 10 TO 12 5 ROOM 121 sqm $650,000 $5,372
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 312 Serangoon Avenue 2

Block 312 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $560,000 to $800,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $738,000 in 2025-02. The current median price per square metre is $5,438. Over the past five years, resale prices at this block have increased by approximately 15%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8712, with an annual lease decay rate of approximately 0.52%. 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 312 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 312 Serangoon Avenue 2 was $738,000 for a 5 room flat in 2025-02. The median price per square metre across all flat types is $5,438, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 312 Serangoon Avenue 2?

Block 312 Serangoon Avenue 2 was built in 1985 and has approximately 59 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 312 Serangoon Avenue 2?

Block 312 Serangoon Avenue 2 in Serangoon contains 5 room flats. Resale prices range from $560,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 312 Serangoon Avenue 2 gone up or down?

Resale prices at Block 312 Serangoon Avenue 2 have increased by approximately 15% over the past five years. The current median price is $658,000, with the most recent sale at $738,000 in 2025-02.

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