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Block 309 Serangoon Avenue 2

4 Room · Built 1985 · 58 years remaining lease · Updated May 2026 MOP Cleared

Block 309 Serangoon Avenue 2 has 22 recorded HDB resale transactions since 2017. Latest sale: $560,000 (May 2026, 4 room, floors 01–03). Median $5,371/sqm. Prices up 24.6% over the past five years. Built 1985, 58 years lease remaining.

Latest Sale
$560,000
May 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$5,371
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +24.6%
Median price change
Median Price ?
Top 60%
#137 / 227 Top 60%
Latest Sale ?
Top 73%
#165 / 227 Top 73%
Value ($/sqm) ?
Top 50%
#114 / 227 Top 50%
5-Year Growth ?
Top 83%
#133 / 161 Top 83%
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
+4.5%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +24.6% 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
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/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). This block has too few rentals on record, so figures shown are the Serangoon average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,100–$3,700 6.2% Serangoon avg · block too thin
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 309 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
May 2026 01 TO 03 4 ROOM 91 sqm $560,000 $6,154
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
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 309 Serangoon Avenue 2

Block 309 Serangoon Avenue 2 is an ageing-lease HDB block in Serangoon, built in 1985 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. At $499,000, its median sits roughly in line with the Serangoon town median. It has a regular flow of resale activity, with 22 transactions since 2017 across 4 room flats priced from $420,000 to $658,888. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $560,000 in May 2026, and the median works out to $5,371/sqm. Over five years, prices here are up about 24.6%. All transaction data is sourced from data.gov.sg and 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 $560,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $5,371, based on 22 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 remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% 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 24.6% over the past five years. The current median price is $499,000, with the most recent sale at $560,000 in 2026-05.

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