Block 232A Serangoon Avenue 2
Block 232A Serangoon Avenue 2 has 24 recorded HDB resale transactions since 2017. Latest sale: $1,270,000 (Jul 2026, executive, floors 10–12). Median $6,797/sqm. Prices up 13% over the past five years. Built 1998, 71 years lease remaining.
How this block compares
- Executive$1,200,000+14.3%vs town(+$150k)+31.9%vs national(+$290k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
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 |
|---|---|---|---|
| Executive | $3,900 typically $3,600–$4,350 | 4.5% | 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.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 232A Serangoon Avenue 2 in Serangoon, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jul 2026 | 10 TO 12 | EXECUTIVE | 140 sqm | $1,270,000 | $9,071 |
| Apr 2026 | 10 TO 12 | EXECUTIVE | 141 sqm | $1,130,000 | $8,014 |
| 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 |
About Block 232A Serangoon Avenue 2
A flat at Block 232A Serangoon Avenue 2 in Serangoon has reached $1,270,000 (Jul 2026), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 84% above the Serangoon median, ahead of around 98% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across executive flats priced from $740,000 to $1,270,000. The most recent transaction was an executive flat on storeys 10 TO 12 at $1,270,000 in Jul 2026, and the median works out to $6,797/sqm. Floor level matters here: units on the higher 16 TO 18 band have sold around 28% above those on the 01 TO 03 band. Over five years, prices here are up about 13%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9131, equivalent to roughly 0.33% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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 $1,270,000 for a executive flat in 2026-07. The median price per square metre across all flat types is $6,797, based on 24 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 71 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% 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 $1,270,000 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 13% over the past five years. The current median price is $955,000, with the most recent sale at $1,270,000 in 2026-07.