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Block 140 Serangoon North Avenue 2

4 Room · 5 Room · Built 1989 · 63 years remaining lease · Updated Feb 2025 MOP Cleared

Block 140 Serangoon North Avenue 2 has 17 recorded HDB resale transactions since 2017. Latest sale: $738,888 (Feb 2025, 5 room, floors 04–06). Median $4,429/sqm. Prices up 25.2% over the past five years. Built 1989, 63 years lease remaining.

Latest Sale
$738,888
Feb 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$4,429
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +25.2%
Median price change
Median Price ?
Top 56%
#126 / 227 Top 56%
Latest Sale ?
Top 40%
#90 / 227 Top 40%
Value ($/sqm) ?
Top 85%
#192 / 227 Top 85%
5-Year Growth ?
Top 81%
#131 / 161 Top 81%
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
+4.6%/yr
vs
Lease Decay
−0.45%/yr
Growth assumption
Based on this block’s +25.2% 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 63 years remaining 99 years
63 years 5 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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 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 140 Serangoon North 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
Feb 2025 04 TO 06 5 ROOM 122 sqm $738,888 $6,056
Mar 2024 10 TO 12 4 ROOM 105 sqm $565,000 $5,381
Dec 2023 10 TO 12 5 ROOM 122 sqm $750,000 $6,148
Oct 2023 04 TO 06 4 ROOM 107 sqm $555,000 $5,187
Aug 2023 01 TO 03 4 ROOM 107 sqm $508,000 $4,748
Jul 2023 10 TO 12 4 ROOM 105 sqm $585,000 $5,571
Apr 2022 07 TO 09 5 ROOM 122 sqm $655,000 $5,369
Feb 2021 07 TO 09 5 ROOM 122 sqm $590,000 $4,836
Dec 2020 10 TO 12 4 ROOM 105 sqm $465,000 $4,429
Jan 2020 01 TO 03 5 ROOM 128 sqm $515,000 $4,023
Dec 2019 07 TO 09 4 ROOM 104 sqm $440,000 $4,231
Mar 2019 07 TO 09 4 ROOM 105 sqm $410,000 $3,905
Jan 2019 10 TO 12 4 ROOM 105 sqm $412,000 $3,924
Aug 2018 04 TO 06 4 ROOM 107 sqm $395,000 $3,692
Jul 2018 07 TO 09 4 ROOM 105 sqm $390,000 $3,714
Mar 2018 07 TO 09 4 ROOM 107 sqm $420,000 $3,925
Dec 2017 10 TO 12 4 ROOM 107 sqm $405,000 $3,785
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 140 Serangoon North Avenue 2

Block 140 Serangoon North Avenue 2 in Serangoon has been a strong performer, with resale prices up roughly 25.2% over five years. Its $508,000 median tracks close to the Serangoon town median. It has a relatively light resale record, with 17 transactions since 2017 across 4 room, 5 room flats priced from $390,000 to $750,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $738,888 in Feb 2025, and the median works out to $4,429/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 12% above the 07 TO 09 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8871, an annual lease decay of about 0.45%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 140 Serangoon North Avenue 2 worth?

The most recent resale transaction at Block 140 Serangoon North Avenue 2 was $738,888 for a 5 room flat in 2025-02. The median price per square metre across all flat types is $4,429, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 140 Serangoon North Avenue 2?

Block 140 Serangoon North Avenue 2 was built in 1989 and has approximately 63 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 140 Serangoon North Avenue 2?

Block 140 Serangoon North Avenue 2 in Serangoon contains 4 room, 5 room flats. Resale prices range from $390,000 to $750,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 140 Serangoon North Avenue 2 gone up or down?

Resale prices at Block 140 Serangoon North Avenue 2 have increased by approximately 25.2% over the past five years. The current median price is $508,000, with the most recent sale at $738,888 in 2025-02.

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