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Block 242 Serangoon Avenue 3

4 Room · 5 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$700,000
May 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$6,012
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 39%
#89 / 227 Top 39%
Latest Sale ?
Top 45%
#103 / 227 Top 45%
Value ($/sqm) ?
Top 30%
#69 / 227 Top 30%
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
--
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 59 years remaining 99 years
59 years 1 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 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
May 2026 04 TO 06 4 ROOM 84 sqm $700,000 $8,333
Sep 2025 04 TO 06 4 ROOM 84 sqm $630,000 $7,500
May 2024 07 TO 09 4 ROOM 103 sqm $768,888 $7,465
Aug 2023 10 TO 12 4 ROOM 84 sqm $609,000 $7,250
Dec 2022 01 TO 03 4 ROOM 84 sqm $500,000 $5,952
Nov 2022 01 TO 03 4 ROOM 84 sqm $500,000 $5,952
Nov 2022 07 TO 09 4 ROOM 84 sqm $570,000 $6,786
Oct 2022 01 TO 03 4 ROOM 84 sqm $485,000 $5,774
Jan 2022 04 TO 06 4 ROOM 84 sqm $510,000 $6,071
Aug 2021 01 TO 03 5 ROOM 121 sqm $650,000 $5,372
Jun 2021 07 TO 09 5 ROOM 121 sqm $690,000 $5,702
Jun 2021 07 TO 09 5 ROOM 121 sqm $763,000 $6,306
Oct 2020 04 TO 06 4 ROOM 84 sqm $458,000 $5,452
Jul 2019 07 TO 09 4 ROOM 84 sqm $510,000 $6,071
Jun 2019 07 TO 09 5 ROOM 121 sqm $695,000 $5,744
May 2019 01 TO 03 5 ROOM 121 sqm $650,000 $5,372
Mar 2019 10 TO 12 4 ROOM 84 sqm $562,000 $6,690
Oct 2018 07 TO 09 4 ROOM 84 sqm $545,000 $6,488
Jul 2018 01 TO 03 4 ROOM 84 sqm $468,000 $5,571
Sep 2017 04 TO 06 4 ROOM 84 sqm $475,000 $5,655
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 242 Serangoon Avenue 3

Block 242 at Serangoon Avenue 3 is a residential HDB block in Serangoon, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $458,000 to $768,888 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $700,000 in 2026-05. The current median price per square metre is $6,012. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8690, 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 242 Serangoon Avenue 3 worth?

The most recent resale transaction at Block 242 Serangoon Avenue 3 was $700,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $6,012, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 242 Serangoon Avenue 3?

Block 242 Serangoon Avenue 3 was built in 1986 and has approximately 59 years and 1 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 242 Serangoon Avenue 3?

Block 242 Serangoon Avenue 3 in Serangoon contains 4 room, 5 room flats. Resale prices range from $458,000 to $768,888 based on historical transaction records from data.gov.sg.

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