Block 242 Serangoon Avenue 3
Block 242 Serangoon Avenue 3 has 20 recorded HDB resale transactions since 2017. Latest sale: $700,000 (May 2026, 4 room, floors 04–06). Median $6,012/sqm. Built 1986, 59 years lease remaining.
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 |
| 5-Room | $3,600 typically $3,400–$3,900 | 5.3% | 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 |
|---|---|---|---|---|---|
| May 2026 | 04 TO 06 | 4 ROOM | 84 sqm | $700,000 | $8,333 |
| 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 |
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 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $700,000 in 2026-05. The current median price per square metre is $6,012. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8690, with an annual lease decay rate of approximately 0.53%. 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 $700,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $6,012, based on 20 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 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% 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.