Block 244 Serangoon Avenue 2

4 Room · Built 1985 · 64 years remaining lease MOP Cleared

Latest Sale

$490,000

Mar 2020 · 4 ROOM · #01-03

Median $/sqm

$5,506

Based on 1 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 64 years remaining 99 years

64 years 6 months

Remaining lease

↓ 0.43%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/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
Mar 2020	01 TO 03	4 ROOM	89 sqm	$490,000	$5,506

Showing 1 of 1 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 244 Serangoon Avenue 2

Block 244 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 64 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $490,000 to $490,000 based on 1 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $490,000 in 2020-03. The current median price per square metre is $5,506. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8913, with an annual lease decay rate of approximately 0.43%. 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 244 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 244 Serangoon Avenue 2 was $490,000 for a 4 room flat in 2020-03. The median price per square metre across all flat types is $5,506, based on 1 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 244 Serangoon Avenue 2?

Block 244 Serangoon Avenue 2 was built in 1985 and has approximately 64 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 244 Serangoon Avenue 2?

Block 244 Serangoon Avenue 2 in Serangoon contains 4 room flats. Resale prices range from $490,000 to $490,000 based on historical transaction records from data.gov.sg.