Block 241 Serangoon Avenue 3

3 Room · 4 Room · Built 1985 · 60 years remaining lease MOP Cleared
Latest Sale
$520,000
Dec 2024 · 3 ROOM · #10-12
Median $/sqm
$6,563
Based on 13 transactions
Total Transactions
13
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 60 years remaining 99 years
60 years 2 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 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
Dec 2024 10 TO 12 3 ROOM 64 sqm $520,000 $8,125
Oct 2024 04 TO 06 3 ROOM 64 sqm $478,000 $7,469
Jul 2024 01 TO 03 3 ROOM 64 sqm $434,000 $6,781
Jul 2024 01 TO 03 4 ROOM 84 sqm $610,000 $7,262
May 2024 04 TO 06 3 ROOM 64 sqm $445,000 $6,953
Sep 2023 01 TO 03 3 ROOM 64 sqm $375,000 $5,859
Sep 2023 04 TO 06 3 ROOM 64 sqm $413,000 $6,453
Oct 2022 01 TO 03 4 ROOM 89 sqm $510,000 $5,730
Mar 2022 04 TO 06 4 ROOM 89 sqm $500,000 $5,618
Oct 2021 04 TO 06 3 ROOM 64 sqm $438,000 $6,844
Aug 2021 07 TO 09 3 ROOM 64 sqm $420,000 $6,563
Dec 2019 07 TO 09 3 ROOM 64 sqm $388,888 $6,076
Mar 2018 07 TO 09 4 ROOM 89 sqm $568,000 $6,382
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 241 Serangoon Avenue 3

Block 241 at Serangoon Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1985 with approximately 60 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $375,000 to $610,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $520,000 in 2024-12. The current median price per square metre is $6,563. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8738, 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 241 Serangoon Avenue 3 worth?

The most recent resale transaction at Block 241 Serangoon Avenue 3 was $520,000 for a 3 room flat in 2024-12. The median price per square metre across all flat types is $6,563, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 241 Serangoon Avenue 3?

Block 241 Serangoon Avenue 3 was built in 1985 and has approximately 60 years and 2 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 241 Serangoon Avenue 3?

Block 241 Serangoon Avenue 3 in Serangoon contains 3 room, 4 room flats. Resale prices range from $375,000 to $610,000 based on historical transaction records from data.gov.sg.

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