Block 245 Serangoon Avenue 2
Block 245 Serangoon Avenue 2 has 12 recorded HDB resale transactions since 2017. Latest sale: $525,000 (Feb 2026, 3 room, floors 10–12). Median $6,983/sqm. Built 1985, 58 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 245 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 |
|---|---|---|---|---|---|
| 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 |
About Block 245 Serangoon Avenue 2
Block 245 Serangoon Avenue 2 in Serangoon dates to 1985 and now has roughly 58 years of lease remaining, which makes lease decay the central consideration for buyers. Its $522,500 median tracks close to the Serangoon town median. It has a relatively light resale record, with 12 transactions since 2017 across 3 room, 4 room flats priced from $370,000 to $753,888. The most recent transaction was a 3 room flat on storeys 10 TO 12 at $525,000 in Feb 2026, and the median works out to $6,983/sqm. All transaction data is sourced from data.gov.sg and 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.