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Block 242 Serangoon Avenue 3

4 Room · 5 Room · Built 1986 · 58 years remaining lease · Updated Jul 2026 MOP Cleared

Block 242 Serangoon Avenue 3 has 21 recorded HDB resale transactions since 2017. Latest sale: $929,888 (Jul 2026, 5 room, floors 07–09). Median $6,071/sqm. Prices up 34.8% over the past five years. Built 1986, 58 years lease remaining.

How this block compares

  • 4 Room$665,000
    +0.8%vs town(+$5k)+5.6%vs national(+$35k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$929,888
Jul 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$6,071
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +34.8%
Median price change
Median Price ?
Top 39%
#88 / 227 Top 39%
Latest Sale ?
Top 19%
#44 / 227 Top 19%
Value ($/sqm) ?
Top 29%
#65 / 227 Top 29%
5-Year Growth ?
Top 58%
#94 / 161 Top 58%
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
+6.2%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +34.8% 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 11 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
4-Room $3,400 typically $3,100–$3,700 6.2% Serangoon avg · block too thin
5-Room $3,600 typically $3,400–$3,900 5.2% 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 242 Serangoon Avenue 3 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
Jul 2026 07 TO 09 5 ROOM 121 sqm $929,888 $7,685
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
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 242 Serangoon Avenue 3

Block 242 Serangoon Avenue 3 in Serangoon dates to 1986 and now has roughly 58 years of lease remaining, which makes lease decay the central consideration for buyers. Its median runs about 10% above the Serangoon median, ahead of around 62% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across 4 room, 5 room flats priced from $458,000 to $929,888. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $929,888 in Jul 2026, and the median works out to $6,071/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 13% above the 01 TO 03 band. Over five years, prices here are up about 34.8%. All transaction data is sourced from data.gov.sg and 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 $929,888 for a 5 room flat in 2026-07. The median price per square metre across all flat types is $6,071, based on 21 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 58 years and 11 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 $929,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 242 Serangoon Avenue 3 gone up or down?

Resale prices at Block 242 Serangoon Avenue 3 have increased by approximately 34.8% over the past five years. The current median price is $570,000, with the most recent sale at $929,888 in 2026-07.

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