Block 308 Serangoon Avenue 2

4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$685,000
Sep 2024 · 4 ROOM · #07-09
Median $/sqm
$5,053
Based on 15 transactions
Total Transactions
15
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 59 years remaining 99 years
59 years 9 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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
Sep 2024 07 TO 09 4 ROOM 96 sqm $685,000 $7,135
Nov 2023 04 TO 06 4 ROOM 96 sqm $628,000 $6,542
Mar 2023 01 TO 03 4 ROOM 95 sqm $560,000 $5,895
Jan 2023 04 TO 06 4 ROOM 95 sqm $565,000 $5,947
May 2022 07 TO 09 4 ROOM 95 sqm $525,000 $5,526
Jan 2022 07 TO 09 4 ROOM 93 sqm $530,000 $5,699
Nov 2020 04 TO 06 4 ROOM 91 sqm $428,888 $4,713
Aug 2019 07 TO 09 4 ROOM 104 sqm $468,000 $4,500
Jul 2019 04 TO 06 4 ROOM 95 sqm $422,000 $4,442
Jan 2019 04 TO 06 4 ROOM 95 sqm $455,000 $4,789
Nov 2018 01 TO 03 4 ROOM 95 sqm $390,000 $4,105
Sep 2018 07 TO 09 4 ROOM 95 sqm $480,000 $5,053
Nov 2017 04 TO 06 4 ROOM 91 sqm $463,000 $5,088
Mar 2017 01 TO 03 4 ROOM 91 sqm $458,000 $5,033
Feb 2017 01 TO 03 4 ROOM 95 sqm $455,000 $4,789
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 308 Serangoon Avenue 2

Block 308 at Serangoon Avenue 2 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $390,000 to $685,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $685,000 in 2024-09. The current median price per square metre is $5,053. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8720, with an annual lease decay rate of approximately 0.51%. 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 308 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 308 Serangoon Avenue 2 was $685,000 for a 4 room flat in 2024-09. The median price per square metre across all flat types is $5,053, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 308 Serangoon Avenue 2?

Block 308 Serangoon Avenue 2 was built in 1985 and has approximately 59 years and 9 months 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 308 Serangoon Avenue 2?

Block 308 Serangoon Avenue 2 in Serangoon contains 4 room flats. Resale prices range from $390,000 to $685,000 based on historical transaction records from data.gov.sg.

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