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Block 316 Serangoon Avenue 2

Executive · Built 1984 · 58 years remaining lease · Updated Apr 2025 MOP Cleared

Block 316 Serangoon Avenue 2 has 3 recorded HDB resale transactions since 2017. Latest sale: $1,236,000 (Apr 2025, executive, floors 01–03). Median $5,641/sqm. Built 1984, 58 years lease remaining.

Latest Sale
$1,236,000
Apr 2025 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,641
Based on 3 transactions
Total Transactions
3
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 6%
#13 / 227 Top 6%
Latest Sale ?
Top 1%
#2 / 227 Top 1%
Value ($/sqm) ?
Top 43%
#97 / 227 Top 43%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 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.
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
Executive $3,900 typically $3,600–$4,350 4.5% 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 316 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
Apr 2025 01 TO 03 EXECUTIVE 156 sqm $1,236,000 $7,923
Mar 2019 01 TO 03 EXECUTIVE 156 sqm $842,500 $5,401
Oct 2018 01 TO 03 EXECUTIVE 156 sqm $880,000 $5,641
Showing 3 of 3 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 316 Serangoon Avenue 2

A flat at Block 316 Serangoon Avenue 2 in Serangoon has reached $1,236,000 (Apr 2025), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 69% above the Serangoon median, ahead of around 95% of the town's blocks. It has a relatively light resale record, with 3 transactions since 2017 across executive flats priced from $842,500 to $1,236,000. The most recent transaction was an executive flat on storeys 01 TO 03 at $1,236,000 in Apr 2025, and the median works out to $5,641/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8675, equivalent to roughly 0.53% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 316 Serangoon Avenue 2 worth?

The most recent resale transaction at Block 316 Serangoon Avenue 2 was $1,236,000 for a executive flat in 2025-04. The median price per square metre across all flat types is $5,641, based on 3 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 316 Serangoon Avenue 2?

Block 316 Serangoon Avenue 2 was built in 1984 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 316 Serangoon Avenue 2?

Block 316 Serangoon Avenue 2 in Serangoon contains executive flats. Resale prices range from $842,500 to $1,236,000 based on historical transaction records from data.gov.sg.

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