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HDB · 550232

Blk 232 Serangoon Ave 3

Project page · 99-year lease from 1985

Indicative value range
S$611,250 – S$688,824
Indicative mid S$669,112 · S$7,966 psm

Based on 26 sales in this street, last 12 months. Search widened 1 of 3 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Oct 2026Blk 23404 TO 0684 sqmS$608,000S$7,238 psm×1.000S$7,238 psm
Oct 2026Blk 23404 TO 0684 sqmS$600,000S$7,143 psm×1.000S$7,143 psm
Sept 2026Blk 23510 TO 1290 sqmS$688,000S$7,644 psm×1.000S$7,644 psm
Sept 2026Blk 23607 TO 0984 sqmS$670,000S$7,976 psm×1.000S$7,976 psm
Sept 2026Blk 32907 TO 0984 sqmS$678,000S$8,071 psm×1.000S$8,071 psm
Aug 2026Blk 23310 TO 1284 sqmS$660,000S$7,857 psm×1.000S$7,857 psm
Aug 2026Blk 24204 TO 0684 sqmS$700,000S$8,333 psm×1.000S$8,333 psm
Aug 2026Blk 24101 TO 0384 sqmS$590,000S$7,024 psm×1.000S$7,024 psm
Aug 2026Blk 32904 TO 0684 sqmS$615,000S$7,321 psm×1.000S$7,321 psm
Jul 2026Blk 33104 TO 0684 sqmS$680,000S$8,095 psm×1.000S$8,095 psm
Jul 2026Blk 33201 TO 0388 sqmS$628,000S$7,136 psm×1.000S$7,136 psm
Jul 2026Blk 24210 TO 1284 sqmS$715,000S$8,512 psm×1.000S$8,512 psm
Jul 2026Blk 32304 TO 0689 sqmS$708,000S$7,955 psm×1.000S$7,955 psm
Jul 2026Blk 33310 TO 1284 sqmS$738,888S$8,796 psm×1.000S$8,796 psm
Jun 2026Blk 33501 TO 0384 sqmS$638,000S$7,595 psm×1.000S$7,595 psm
Jun 2026Blk 33304 TO 0684 sqmS$690,000S$8,214 psm×1.000S$8,214 psm
Jun 2026Blk 33001 TO 0384 sqmS$610,000S$7,262 psm×1.000S$7,262 psm
May 2026Blk 24204 TO 0684 sqmS$700,000S$8,333 psm×1.000S$8,333 psm
May 2026Blk 23404 TO 0684 sqmS$673,000S$8,012 psm×1.000S$8,012 psm
Apr 2026Blk 23501 TO 0384 sqmS$572,000S$6,810 psm×1.000S$6,810 psm
Apr 2026Blk 32704 TO 0684 sqmS$630,000S$7,500 psm×1.000S$7,500 psm
Mar 2026Blk 33410 TO 1284 sqmS$750,000S$8,929 psm×0.997S$8,902 psm
Feb 2026Blk 24610 TO 1284 sqmS$738,000S$8,786 psm×0.997S$8,760 psm
Dec 2025Blk 33401 TO 0384 sqmS$688,000S$8,190 psm×0.996S$8,158 psm
Dec 2025Blk 23401 TO 0384 sqmS$572,000S$6,810 psm×0.996S$6,783 psm
Nov 2025Blk 23610 TO 1284 sqmS$680,000S$8,095 psm×0.996S$8,063 psm

How accurate is this estimate for Serangoon Ave 3?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 42 sales in Serangoon Ave 3 since.

Median error
5.8%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

6.46% gross yield

S$43,200 of rent a year against the estimate above · 0.6 points below flats like it

Homes like this rent for about S$3,600 a month, the middle of 75 approvals in the last year.

Across Singapore, flats of this type with 50 to 59 years of lease left yield 7.06%, from 112 blocks. This town has too few such blocks to measure on its own.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Sept 20262414 ROOMS$4,100
Sept 20263294 ROOMS$3,800
Sept 20263254 ROOMS$3,700
Sept 20263244 ROOMS$3,700
Sept 20263334 ROOMS$3,600
Sept 20263354 ROOMS$3,500
Sept 20262354 ROOMS$3,500
Aug 20262464 ROOMS$3,800

median of 75 HDB rental approvals for 4 ROOM on Serangoon Ave 3 since 2025-10.

Buying or selling at S$669,112?

Buying: Stamp duty on S$669,112 · Cash and CPF needed on S$669,112 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$669,112.

Each opens with this figure filled in; change anything there.

Primary schools near 232 Serangoon Ave 3

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Mar 2025
Blk 232 · 4 ROOM · 01 TO 03 · Simplified · 59 years left
84 sqmS$595,000S$7,083 psm
Aug 2024
Blk 232 · 4 ROOM · 10 TO 12 · Simplified · 60 years left
84 sqmS$618,000S$7,357 psm
Mar 2024
Blk 232 · 4 ROOM · 04 TO 06 · Model A · 60 years left
104 sqmS$663,000S$6,375 psm
Sept 2023
Blk 232 · 4 ROOM · 07 TO 09 · Simplified · 61 years left
84 sqmS$538,000S$6,405 psm
Mar 2023
Blk 232 · 4 ROOM · 04 TO 06 · Simplified · 61 years left
84 sqmS$495,000S$5,893 psm
Nov 2022
Blk 232 · 4 ROOM · 10 TO 12 · Simplified · 62 years left
84 sqmS$560,000S$6,667 psm
Nov 2022
Blk 232 · 4 ROOM · 01 TO 03 · Model A · 62 years left
excluded: outlier
104 sqmS$498,000S$4,788 psm
Jun 2022
Blk 232 · 4 ROOM · 07 TO 09 · Simplified · 62 years left
90 sqmS$536,000S$5,956 psm
Feb 2022
Blk 232 · 4 ROOM · 04 TO 06 · Simplified · 62 years left
84 sqmS$526,000S$6,262 psm
Jan 2022
Blk 232 · 4 ROOM · 10 TO 12 · Simplified · 63 years left
84 sqmS$522,000S$6,214 psm
See more

Showing 10 of 43.

Sale prices as filed in caveats.

Where the lease takes this

About 57 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years52 yearsS$638,732S$705,211S$763,758S$777,115
10 years47 yearsS$606,557S$739,390S$867,253S$897,853
20 years37 yearsS$533,229S$792,350S$1,090,088S$1,168,370

On a flat market the lease alone costs 20% over 20 years. Prices would need to rise about 1.14% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.