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Block 234A Serangoon Avenue 2

Executive · Built 1998 · 71 years remaining lease · Updated Feb 2026 MOP Cleared

Block 234A Serangoon Avenue 2 has 23 recorded HDB resale transactions since 2017. Latest sale: $1,228,000 (Feb 2026, executive, floors 16–18). Median $6,679/sqm. Prices up 34.4% over the past five years. Built 1998, 71 years lease remaining.

How this block compares

  • Executive$1,155,444
    +10.0%vs town(+$105k)+27.0%vs national(+$245k)

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.

Latest Sale
$1,228,000
Feb 2026 · EXECUTIVE · Floor 16-18
Median $/sqm
$6,679
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +34.4%
Median price change
Median Price ?
Top 4%
#8 / 227 Top 4%
Latest Sale ?
Top 1%
#3 / 227 Top 1%
Value ($/sqm) ?
Top 9%
#21 / 227 Top 9%
5-Year Growth ?
Top 60%
#97 / 161 Top 60%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.1%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +34.4% growth over 5 years
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 71 years remaining 99 years
71 years 5 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 234A Serangoon Avenue 2 in Serangoon, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Serangoon
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 16 TO 18 EXECUTIVE 140 sqm $1,228,000 $8,771
Dec 2025 01 TO 03 EXECUTIVE 140 sqm $1,082,888 $7,735
Jul 2024 04 TO 06 EXECUTIVE 141 sqm $1,003,000 $7,113
Feb 2024 04 TO 06 EXECUTIVE 140 sqm $1,050,000 $7,500
Jan 2024 07 TO 09 EXECUTIVE 141 sqm $1,035,000 $7,340
Dec 2023 01 TO 03 EXECUTIVE 140 sqm $1,005,000 $7,179
Aug 2023 04 TO 06 EXECUTIVE 141 sqm $1,030,000 $7,305
Mar 2023 13 TO 15 EXECUTIVE 140 sqm $1,130,000 $8,071
Apr 2022 07 TO 09 EXECUTIVE 140 sqm $1,050,000 $7,500
Mar 2022 13 TO 15 EXECUTIVE 140 sqm $1,063,000 $7,593
Oct 2021 01 TO 03 EXECUTIVE 140 sqm $860,000 $6,143
Jun 2021 04 TO 06 EXECUTIVE 140 sqm $860,000 $6,143
Mar 2021 07 TO 09 EXECUTIVE 140 sqm $930,000 $6,643
Oct 2020 04 TO 06 EXECUTIVE 140 sqm $790,000 $5,643
Dec 2019 07 TO 09 EXECUTIVE 140 sqm $925,000 $6,607
Jun 2019 13 TO 15 EXECUTIVE 140 sqm $979,000 $6,993
Sep 2018 10 TO 12 EXECUTIVE 140 sqm $935,000 $6,679
Jun 2018 10 TO 12 EXECUTIVE 141 sqm $915,000 $6,489
Mar 2018 01 TO 03 EXECUTIVE 140 sqm $916,000 $6,543
Jan 2018 10 TO 12 EXECUTIVE 140 sqm $905,000 $6,464
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 234A Serangoon Avenue 2

A flat at Block 234A Serangoon Avenue 2 in Serangoon has reached $1,228,000 (Feb 2026), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 80% above the Serangoon median, ahead of around 97% of the town's blocks. It has a regular flow of resale activity, with 23 transactions since 2017 across executive flats priced from $740,000 to $1,228,000. The most recent transaction was an executive flat on storeys 16 TO 18 at $1,228,000 in Feb 2026, and the median works out to $6,679/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 16% above those on the 01 TO 03 band. Over five years, prices here are up about 34.4%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9143, 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 234A Serangoon Avenue 2 worth?

The most recent resale transaction at Block 234A Serangoon Avenue 2 was $1,228,000 for a executive flat in 2026-02. The median price per square metre across all flat types is $6,679, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 234A Serangoon Avenue 2?

Block 234A Serangoon Avenue 2 was built in 1998 and has approximately 71 years and 5 months 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 234A Serangoon Avenue 2?

Block 234A Serangoon Avenue 2 in Serangoon contains executive flats. Resale prices range from $740,000 to $1,228,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 234A Serangoon Avenue 2 gone up or down?

Resale prices at Block 234A Serangoon Avenue 2 have increased by approximately 34.4% over the past five years. The current median price is $935,000, with the most recent sale at $1,228,000 in 2026-02.

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