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Block 302 Serangoon Avenue 2

3 Room · Built 1985 · 58 years remaining lease · Updated Dec 2025 MOP Cleared

Block 302 Serangoon Avenue 2 has 35 recorded HDB resale transactions since 2017. Latest sale: $495,000 (Dec 2025, 3 room, floors 07–09). Median $5,583/sqm. Prices up 37.5% over the past five years. Built 1985, 58 years lease remaining.

Latest Sale
$495,000
Dec 2025 · 3 ROOM · Floor 07-09
Median $/sqm
$5,583
Based on 35 transactions
Total Transactions
35
Since Jan 2017
5-Year Trend
▲ +37.5%
Median price change
Median Price ?
Top 95%
#216 / 227 Top 95%
Latest Sale ?
Top 85%
#194 / 227 Top 85%
Value ($/sqm) ?
Top 44%
#100 / 227 Top 44%
5-Year Growth ?
Top 46%
#74 / 161 Top 46%
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
+6.6%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +37.5% 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 58 years remaining 99 years
58 years 4 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,850 typically $2,700–$3,000 6.9% 13 rentals here
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 302 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
Dec 2025 07 TO 09 3 ROOM 60 sqm $495,000 $8,250
Apr 2025 10 TO 12 3 ROOM 60 sqm $460,000 $7,667
Mar 2025 07 TO 09 3 ROOM 60 sqm $450,000 $7,500
Mar 2025 01 TO 03 3 ROOM 69 sqm $450,000 $6,522
Nov 2024 01 TO 03 3 ROOM 60 sqm $400,000 $6,667
Dec 2023 01 TO 03 3 ROOM 60 sqm $355,000 $5,917
Dec 2023 10 TO 12 3 ROOM 60 sqm $430,000 $7,167
Oct 2023 10 TO 12 3 ROOM 69 sqm $455,000 $6,594
Aug 2023 07 TO 09 3 ROOM 69 sqm $420,000 $6,087
Jun 2023 04 TO 06 3 ROOM 60 sqm $410,000 $6,833
May 2023 07 TO 09 3 ROOM 69 sqm $430,000 $6,232
Dec 2022 04 TO 06 3 ROOM 69 sqm $315,000 $4,565
Dec 2022 04 TO 06 3 ROOM 70 sqm $408,000 $5,829
Oct 2022 07 TO 09 3 ROOM 70 sqm $448,000 $6,400
Sep 2022 10 TO 12 3 ROOM 69 sqm $395,000 $5,725
Mar 2022 04 TO 06 3 ROOM 60 sqm $330,000 $5,500
Feb 2022 04 TO 06 3 ROOM 60 sqm $340,000 $5,667
Dec 2021 04 TO 06 3 ROOM 60 sqm $332,000 $5,533
Sep 2021 04 TO 06 3 ROOM 60 sqm $330,000 $5,500
Jun 2021 04 TO 06 3 ROOM 60 sqm $338,000 $5,633
Showing 20 of 35 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 302 Serangoon Avenue 2

Block 302 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 median sits about 33% below the Serangoon median, cheaper than about 95% of the town's blocks. It has a regular flow of resale activity, with 35 transactions since 2017 across 3 room flats priced from $263,000 to $495,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $495,000 in Dec 2025, and the median works out to $5,583/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 18% above the 01 TO 03 band. Over five years, prices here are up about 37.5%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 302 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 302 Serangoon Avenue 2 was $495,000 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $5,583, based on 35 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 302 Serangoon Avenue 2?

Block 302 Serangoon Avenue 2 was built in 1985 and has approximately 58 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 302 Serangoon Avenue 2?

Block 302 Serangoon Avenue 2 in Serangoon contains 3 room flats. Resale prices range from $263,000 to $495,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 302 Serangoon Avenue 2 gone up or down?

Resale prices at Block 302 Serangoon Avenue 2 have increased by approximately 37.5% over the past five years. The current median price is $347,000, with the most recent sale at $495,000 in 2025-12.

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