Block 232A Serangoon Avenue 2

Executive · Built 1998 · 72 years remaining lease MOP Cleared
Latest Sale
$1,000,000
Jun 2025 · EXECUTIVE · #01-03
Median $/sqm
$6,779
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +0%
Median price change
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 72 years remaining 99 years
72 years 1 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/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
Jun 2025 01 TO 03 EXECUTIVE 140 sqm $1,000,000 $7,143
Oct 2022 10 TO 12 EXECUTIVE 140 sqm $1,101,000 $7,864
Mar 2022 07 TO 09 EXECUTIVE 140 sqm $935,000 $6,679
Jan 2022 16 TO 18 EXECUTIVE 140 sqm $1,150,000 $8,214
Dec 2021 07 TO 09 EXECUTIVE 140 sqm $1,000,000 $7,143
Aug 2021 07 TO 09 EXECUTIVE 140 sqm $980,000 $7,000
Jun 2021 10 TO 12 EXECUTIVE 140 sqm $995,000 $7,107
Jun 2021 13 TO 15 EXECUTIVE 141 sqm $1,038,000 $7,362
Apr 2021 04 TO 06 EXECUTIVE 140 sqm $890,000 $6,357
Apr 2021 16 TO 18 EXECUTIVE 140 sqm $1,025,000 $7,321
Jan 2021 13 TO 15 EXECUTIVE 140 sqm $1,000,000 $7,143
Nov 2020 10 TO 12 EXECUTIVE 141 sqm $900,000 $6,383
Jan 2020 01 TO 03 EXECUTIVE 140 sqm $800,000 $5,714
Dec 2019 01 TO 03 EXECUTIVE 141 sqm $740,000 $5,248
Nov 2019 04 TO 06 EXECUTIVE 141 sqm $860,000 $6,099
Apr 2019 04 TO 06 EXECUTIVE 140 sqm $858,000 $6,129
Dec 2018 10 TO 12 EXECUTIVE 141 sqm $960,000 $6,809
Jul 2018 16 TO 18 EXECUTIVE 140 sqm $950,000 $6,786
May 2018 07 TO 09 EXECUTIVE 140 sqm $948,000 $6,771
May 2017 07 TO 09 EXECUTIVE 140 sqm $938,000 $6,700
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232A Serangoon Avenue 2

Block 232A at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1998 with approximately 72 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $740,000 to $1,150,000 based on 22 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $1,000,000 in 2025-06. The current median price per square metre is $6,779. Over the past five years, resale prices at this block have increased by approximately 0%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9162, with an annual lease decay rate of approximately 0.32%. 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 232A Serangoon Avenue 2 worth?

The most recent resale transaction at Block 232A Serangoon Avenue 2 was $1,000,000 for a executive flat in 2025-06. The median price per square metre across all flat types is $6,779, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232A Serangoon Avenue 2?

Block 232A Serangoon Avenue 2 was built in 1998 and has approximately 72 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 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 232A Serangoon Avenue 2?

Block 232A Serangoon Avenue 2 in Serangoon contains executive flats. Resale prices range from $740,000 to $1,150,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 232A Serangoon Avenue 2 gone up or down?

Resale prices at Block 232A Serangoon Avenue 2 have increased by approximately 0% over the past five years. The current median price is $949,000, with the most recent sale at $1,000,000 in 2025-06.

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