Block 243 Serangoon Avenue 2
Block 243 Serangoon Avenue 2 has 20 recorded HDB resale transactions since 2017. Latest sale: $745,000 (Jan 2025, 4 room, floors 10–12). Median $5,982/sqm. Prices up 25.2% over the past five years. Built 1985, 60 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 |
|---|---|---|---|
| 3-Room | $2,800 typically $2,500–$3,000 | 7.2% | Serangoon avg · block too thin |
| 4-Room | $3,400 typically $3,100–$3,700 | 6.2% | 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 243 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 |
|---|---|---|---|---|---|
| Jan 2025 | 10 TO 12 | 4 ROOM | 89 sqm | $745,000 | $8,371 |
| Dec 2024 | 07 TO 09 | 4 ROOM | 89 sqm | $725,000 | $8,146 |
| Apr 2024 | 01 TO 03 | 4 ROOM | 89 sqm | $615,000 | $6,910 |
| Oct 2023 | 04 TO 06 | 4 ROOM | 89 sqm | $618,000 | $6,944 |
| May 2023 | 10 TO 12 | 3 ROOM | 64 sqm | $425,000 | $6,641 |
| Sep 2022 | 10 TO 12 | 4 ROOM | 89 sqm | $600,000 | $6,742 |
| Apr 2022 | 01 TO 03 | 4 ROOM | 89 sqm | $480,000 | $5,393 |
| Apr 2022 | 07 TO 09 | 4 ROOM | 89 sqm | $600,000 | $6,742 |
| Feb 2022 | 04 TO 06 | 4 ROOM | 84 sqm | $485,000 | $5,774 |
| Jul 2021 | 10 TO 12 | 4 ROOM | 89 sqm | $595,000 | $6,685 |
| Sep 2020 | 01 TO 03 | 4 ROOM | 89 sqm | $480,000 | $5,393 |
| Jun 2019 | 10 TO 12 | 4 ROOM | 84 sqm | $505,000 | $6,012 |
| May 2019 | 10 TO 12 | 4 ROOM | 89 sqm | $528,000 | $5,933 |
| Mar 2019 | 01 TO 03 | 3 ROOM | 64 sqm | $335,000 | $5,234 |
| Mar 2019 | 04 TO 06 | 3 ROOM | 64 sqm | $335,000 | $5,234 |
| Jul 2018 | 04 TO 06 | 3 ROOM | 64 sqm | $338,000 | $5,281 |
| Feb 2018 | 04 TO 06 | 3 ROOM | 64 sqm | $338,000 | $5,281 |
| Jan 2018 | 07 TO 09 | 3 ROOM | 64 sqm | $338,000 | $5,281 |
| Oct 2017 | 07 TO 09 | 4 ROOM | 84 sqm | $550,000 | $6,548 |
| Sep 2017 | 10 TO 12 | 4 ROOM | 84 sqm | $500,000 | $5,952 |
About Block 243 Serangoon Avenue 2
Block 243 Serangoon Avenue 2 in Serangoon has been a strong performer, with resale prices up roughly 25.2% over five years. Its $502,500 median tracks close to the Serangoon town median. It has a regular flow of resale activity, with 20 transactions since 2017 across 3 room, 4 room flats priced from $335,000 to $745,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $745,000 in Jan 2025, and the median works out to $5,982/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 17% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8731, an annual lease decay of about 0.51%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 243 Serangoon Avenue 2 worth?
The most recent resale transaction at Block 243 Serangoon Avenue 2 was $745,000 for a 4 room flat in 2025-01. The median price per square metre across all flat types is $5,982, based on 20 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 243 Serangoon Avenue 2?
Block 243 Serangoon Avenue 2 was built in 1985 and has approximately 60 years 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 243 Serangoon Avenue 2?
Block 243 Serangoon Avenue 2 in Serangoon contains 3 room, 4 room flats. Resale prices range from $335,000 to $745,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 243 Serangoon Avenue 2 gone up or down?
Resale prices at Block 243 Serangoon Avenue 2 have increased by approximately 25.2% over the past five years. The current median price is $502,500, with the most recent sale at $745,000 in 2025-01.