Block 309 Serangoon Avenue 2

4 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$658,888
Jul 2025 · 4 ROOM · #04-06
Median $/sqm
$5,269
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +34.7%
Median price change
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 9 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
Jul 2025 04 TO 06 4 ROOM 95 sqm $658,888 $6,936
Aug 2024 01 TO 03 4 ROOM 95 sqm $598,000 $6,295
May 2024 04 TO 06 4 ROOM 93 sqm $618,000 $6,645
Feb 2024 07 TO 09 4 ROOM 91 sqm $618,000 $6,791
Jan 2024 07 TO 09 4 ROOM 93 sqm $599,000 $6,441
Dec 2023 01 TO 03 4 ROOM 95 sqm $579,000 $6,095
Sep 2023 04 TO 06 4 ROOM 91 sqm $590,000 $6,484
Jul 2023 04 TO 06 4 ROOM 95 sqm $575,000 $6,053
Nov 2021 04 TO 06 4 ROOM 95 sqm $520,000 $5,474
Jul 2021 01 TO 03 4 ROOM 91 sqm $508,000 $5,582
May 2021 04 TO 06 4 ROOM 91 sqm $470,000 $5,165
Jan 2021 04 TO 06 4 ROOM 91 sqm $448,000 $4,923
Oct 2020 07 TO 09 4 ROOM 95 sqm $455,000 $4,789
Sep 2020 07 TO 09 4 ROOM 91 sqm $470,000 $5,165
Jul 2020 07 TO 09 4 ROOM 93 sqm $456,000 $4,903
Jul 2020 07 TO 09 4 ROOM 95 sqm $459,000 $4,832
Jan 2020 04 TO 06 4 ROOM 91 sqm $420,000 $4,615
Oct 2019 07 TO 09 4 ROOM 95 sqm $445,000 $4,684
Jul 2018 07 TO 09 4 ROOM 93 sqm $490,000 $5,269
Mar 2018 04 TO 06 4 ROOM 91 sqm $460,000 $5,055
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 309 Serangoon Avenue 2

Block 309 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 4 room flats, with resale prices ranging from $420,000 to $658,888 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $658,888 in 2025-07. The current median price per square metre is $5,269. Over the past five years, resale prices at this block have increased by approximately 34.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8675, 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 309 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 309 Serangoon Avenue 2 was $658,888 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $5,269, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 309 Serangoon Avenue 2?

Block 309 Serangoon Avenue 2 was built in 1985 and has approximately 58 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 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 309 Serangoon Avenue 2?

Block 309 Serangoon Avenue 2 in Serangoon contains 4 room flats. Resale prices range from $420,000 to $658,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 309 Serangoon Avenue 2 gone up or down?

Resale prices at Block 309 Serangoon Avenue 2 have increased by approximately 34.7% over the past five years. The current median price is $490,000, with the most recent sale at $658,888 in 2025-07.

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