Block 245 Serangoon Avenue 2

3 Room · 4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$525,000
Feb 2026 · 3 ROOM · #10-12
Median $/sqm
$6,983
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
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Insufficient data
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 58 years remaining 99 years
58 years 10 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.53%/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
Feb 2026 10 TO 12 3 ROOM 64 sqm $525,000 $8,203
Feb 2025 10 TO 12 4 ROOM 89 sqm $753,888 $8,471
Nov 2024 01 TO 03 4 ROOM 89 sqm $628,000 $7,056
Sep 2024 10 TO 12 3 ROOM 64 sqm $485,000 $7,578
Oct 2023 07 TO 09 4 ROOM 89 sqm $650,000 $7,303
Sep 2023 13 TO 15 3 ROOM 64 sqm $500,000 $7,813
Jun 2023 07 TO 09 4 ROOM 89 sqm $615,000 $6,910
Dec 2022 07 TO 09 3 ROOM 64 sqm $370,000 $5,781
Sep 2022 01 TO 03 4 ROOM 89 sqm $535,000 $6,011
Nov 2019 04 TO 06 4 ROOM 89 sqm $517,000 $5,809
Apr 2019 10 TO 12 4 ROOM 89 sqm $520,000 $5,843
Aug 2017 04 TO 06 4 ROOM 84 sqm $498,000 $5,929
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 245 Serangoon Avenue 2

Block 245 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $370,000 to $753,888 based on 12 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $525,000 in 2026-02. The current median price per square metre is $6,983. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8679, with an annual lease decay rate of approximately 0.53%. 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 245 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 245 Serangoon Avenue 2 was $525,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $6,983, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 245 Serangoon Avenue 2?

Block 245 Serangoon Avenue 2 was built in 1985 and has approximately 58 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 245 Serangoon Avenue 2?

Block 245 Serangoon Avenue 2 in Serangoon contains 3 room, 4 room flats. Resale prices range from $370,000 to $753,888 based on historical transaction records from data.gov.sg.

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