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Block 262 Serangoon Central Drive

3 Room · Built 1988 · 62 years remaining lease · Updated Nov 2025 MOP Cleared

Block 262 Serangoon Central Drive has 10 recorded HDB resale transactions since 2017. Latest sale: $538,000 (Nov 2025, 3 room, floors 01–03). Median $5,945/sqm. Prices up 47.4% over the past five years. Built 1988, 62 years lease remaining.

Latest Sale
$538,000
Nov 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$5,945
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
▲ +47.4%
Median price change
Median Price ?
Top 88%
#200 / 227 Top 88%
Latest Sale ?
Top 76%
#172 / 227 Top 76%
Value ($/sqm) ?
Top 35%
#79 / 227 Top 35%
5-Year Growth ?
Top 14%
#23 / 161 Top 14%
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
+8.1%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +47.4% 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 62 years remaining 99 years
62 years
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/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
3-Room $2,800 typically $2,500–$3,000 7.2% 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 2 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
2 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 262 Serangoon Central Drive 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
Nov 2025 01 TO 03 3 ROOM 64 sqm $538,000 $8,406
Oct 2024 04 TO 06 3 ROOM 64 sqm $516,888 $8,076
Apr 2023 04 TO 06 3 ROOM 64 sqm $381,000 $5,953
Sep 2022 01 TO 03 3 ROOM 64 sqm $401,888 $6,280
Nov 2021 01 TO 03 3 ROOM 64 sqm $380,000 $5,938
Oct 2021 01 TO 03 3 ROOM 64 sqm $365,000 $5,703
Jun 2021 01 TO 03 3 ROOM 64 sqm $360,000 $5,625
Sep 2020 01 TO 03 3 ROOM 64 sqm $375,000 $5,859
Jan 2020 01 TO 03 3 ROOM 64 sqm $350,000 $5,469
May 2019 04 TO 06 3 ROOM 64 sqm $385,000 $6,016
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 262 Serangoon Central Drive

Block 262 Serangoon Central Drive is one of the more affordable HDB blocks in Serangoon, with a median of $380,500 below most of the town. It has a relatively light resale record, with 10 transactions since 2017 across 3 room flats priced from $350,000 to $538,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $538,000 in Nov 2025, and the median works out to $5,945/sqm. Over five years, prices here are up about 47.4%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8815, an annual lease decay of about 0.47%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 262 Serangoon Central Drive worth?

The most recent resale transaction at Block 262 Serangoon Central Drive was $538,000 for a 3 room flat in 2025-11. The median price per square metre across all flat types is $5,945, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 262 Serangoon Central Drive?

Block 262 Serangoon Central Drive was built in 1988 and has approximately 62 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 262 Serangoon Central Drive?

Block 262 Serangoon Central Drive in Serangoon contains 3 room flats. Resale prices range from $350,000 to $538,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 262 Serangoon Central Drive gone up or down?

Resale prices at Block 262 Serangoon Central Drive have increased by approximately 47.4% over the past five years. The current median price is $380,500, with the most recent sale at $538,000 in 2025-11.

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