Block 241 Serangoon Avenue 3
Block 241 Serangoon Avenue 3 has 13 recorded HDB resale transactions since 2017. Latest sale: $520,000 (Dec 2024, 3 room, floors 10–12). Median $6,563/sqm. Built 1985, 60 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,775 typically $2,550–$2,900 | 7% | 8 rentals here |
| 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 |
|---|---|---|---|---|---|
| Dec 2024 | 10 TO 12 | 3 ROOM | 64 sqm | $520,000 | $8,125 |
| Oct 2024 | 04 TO 06 | 3 ROOM | 64 sqm | $478,000 | $7,469 |
| Jul 2024 | 01 TO 03 | 3 ROOM | 64 sqm | $434,000 | $6,781 |
| Jul 2024 | 01 TO 03 | 4 ROOM | 84 sqm | $610,000 | $7,262 |
| May 2024 | 04 TO 06 | 3 ROOM | 64 sqm | $445,000 | $6,953 |
| Sep 2023 | 01 TO 03 | 3 ROOM | 64 sqm | $375,000 | $5,859 |
| Sep 2023 | 04 TO 06 | 3 ROOM | 64 sqm | $413,000 | $6,453 |
| Oct 2022 | 01 TO 03 | 4 ROOM | 89 sqm | $510,000 | $5,730 |
| Mar 2022 | 04 TO 06 | 4 ROOM | 89 sqm | $500,000 | $5,618 |
| Oct 2021 | 04 TO 06 | 3 ROOM | 64 sqm | $438,000 | $6,844 |
| Aug 2021 | 07 TO 09 | 3 ROOM | 64 sqm | $420,000 | $6,563 |
| Dec 2019 | 07 TO 09 | 3 ROOM | 64 sqm | $388,888 | $6,076 |
| Mar 2018 | 07 TO 09 | 4 ROOM | 89 sqm | $568,000 | $6,382 |
About Block 241 Serangoon Avenue 3
Block 241 at Serangoon Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 60 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $375,000 to $610,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $520,000 in 2024-12. The current median price per square metre is $6,563. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8738, with an annual lease decay rate of approximately 0.51%. 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 241 Serangoon Avenue 3 worth?
The most recent resale transaction at Block 241 Serangoon Avenue 3 was $520,000 for a 3 room flat in 2024-12. The median price per square metre across all flat types is $6,563, based on 13 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 241 Serangoon Avenue 3?
Block 241 Serangoon Avenue 3 was built in 1985 and has approximately 60 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.
What flat types are available at Block 241 Serangoon Avenue 3?
Block 241 Serangoon Avenue 3 in Serangoon contains 3 room, 4 room flats. Resale prices range from $375,000 to $610,000 based on historical transaction records from data.gov.sg.