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Block 242 Serangoon Avenue 3

4 Room · 5 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$630,000
Sep 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$5,952
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 39%
#89 / 227 Top 39%
Latest Sale ?
Top 60%
#137 / 227 Top 60%
Value ($/sqm) ?
Top 34%
#78 / 227 Top 34%
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
−0.51%/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 59 years remaining 99 years
59 years 9 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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
Sep 2025 04 TO 06 4 ROOM 84 sqm $630,000 $7,500
May 2024 07 TO 09 4 ROOM 103 sqm $768,888 $7,465
Aug 2023 10 TO 12 4 ROOM 84 sqm $609,000 $7,250
Dec 2022 01 TO 03 4 ROOM 84 sqm $500,000 $5,952
Nov 2022 01 TO 03 4 ROOM 84 sqm $500,000 $5,952
Nov 2022 07 TO 09 4 ROOM 84 sqm $570,000 $6,786
Oct 2022 01 TO 03 4 ROOM 84 sqm $485,000 $5,774
Jan 2022 04 TO 06 4 ROOM 84 sqm $510,000 $6,071
Aug 2021 01 TO 03 5 ROOM 121 sqm $650,000 $5,372
Jun 2021 07 TO 09 5 ROOM 121 sqm $690,000 $5,702
Jun 2021 07 TO 09 5 ROOM 121 sqm $763,000 $6,306
Oct 2020 04 TO 06 4 ROOM 84 sqm $458,000 $5,452
Jul 2019 07 TO 09 4 ROOM 84 sqm $510,000 $6,071
Jun 2019 07 TO 09 5 ROOM 121 sqm $695,000 $5,744
May 2019 01 TO 03 5 ROOM 121 sqm $650,000 $5,372
Mar 2019 10 TO 12 4 ROOM 84 sqm $562,000 $6,690
Oct 2018 07 TO 09 4 ROOM 84 sqm $545,000 $6,488
Jul 2018 01 TO 03 4 ROOM 84 sqm $468,000 $5,571
Sep 2017 04 TO 06 4 ROOM 84 sqm $475,000 $5,655
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 242 Serangoon Avenue 3

Block 242 at Serangoon Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $458,000 to $768,888 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $630,000 in 2025-09. The current median price per square metre is $5,952. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8720, 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 242 Serangoon Avenue 3 worth?

The most recent resale transaction at Block 242 Serangoon Avenue 3 was $630,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $5,952, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 242 Serangoon Avenue 3?

Block 242 Serangoon Avenue 3 was built in 1986 and has approximately 59 years and 9 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 242 Serangoon Avenue 3?

Block 242 Serangoon Avenue 3 in Serangoon contains 4 room, 5 room flats. Resale prices range from $458,000 to $768,888 based on historical transaction records from data.gov.sg.

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