Blk 242 Serangoon Ave 3
Project page · 99-year lease from 1986
Based on 3 sales in this block, last 12 months. Search did not need to widen. 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.
| Sold | Where | Floor | Size | Price | Per sqm | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Aug 2026 | Blk 242 | 04 TO 06 | 84 sqm | S$700,000 | S$8,333 psm | ×1.000 | S$8,333 psm |
| Jul 2026 | Blk 242 | 10 TO 12 | 84 sqm | S$715,000 | S$8,512 psm | ×1.000 | S$8,512 psm |
| May 2026 | Blk 242 | 04 TO 06 | 84 sqm | S$700,000 | S$8,333 psm | ×1.000 | S$8,333 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.
6.17% gross yield
S$43,200 of rent a year against the estimate above · 0.89 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
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Sept 2026 | 241 | 4 ROOM | S$4,100 |
| Sept 2026 | 329 | 4 ROOM | S$3,800 |
| Sept 2026 | 325 | 4 ROOM | S$3,700 |
| Sept 2026 | 324 | 4 ROOM | S$3,700 |
| Sept 2026 | 333 | 4 ROOM | S$3,600 |
| Sept 2026 | 335 | 4 ROOM | S$3,500 |
| Sept 2026 | 235 | 4 ROOM | S$3,500 |
| Aug 2026 | 246 | 4 ROOM | S$3,800 |
median of 75 HDB rental approvals for 4 ROOM on Serangoon Ave 3 since 2025-10.
Buying or selling at S$700,000?
Buying: Stamp duty on S$700,000 · Cash and CPF needed on S$700,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$700,000.
Each opens with this figure filled in; change anything there.
Primary schools near 242 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
- Yangzheng Primary School · 310 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Zhonghua Primary School · 603 m · no 2025 Phase 2C ballot
- CHIJ Our Lady of Good Counsel (girls) · 796 m · no 2025 Phase 2C ballot
- St. Gabriel's Primary School (boys) · 824 m · no 2025 Phase 2C ballot
1 to 2 km
- Maris Stella High School (boys) · 1,435 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Kuo Chuan Presbyterian Primary School · 1,562 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Paya Lebar Methodist Girls' School (Primary) (girls) · 1,643 m · balloted in 2025 Phase 2C (citizens 1-2 km away)
- Townsville Primary School · 1,779 m
- Cedar Primary School · 1,946 m · no 2025 Phase 2C ballot · near the line — check on OneMap
- First Toa Payoh Primary School · 1,992 m · no 2025 Phase 2C ballot · near the line — check on OneMap
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Aug 2026 | Blk 242 · 4 ROOM · 04 TO 06 · Simplified · 59 years left | 84 sqm | S$700,000 | S$8,333 psm |
| Jul 2026 | Blk 242 · 5 ROOM · 07 TO 09 · Improved · 59 years left | 121 sqm | S$929,888 | S$7,685 psm |
| Jul 2026 | Blk 242 · 4 ROOM · 10 TO 12 · Simplified · 59 years left | 84 sqm | S$715,000 | S$8,512 psm |
| May 2026 | Blk 242 · 4 ROOM · 04 TO 06 · Simplified · 59 years left | 84 sqm | S$700,000 | S$8,333 psm |
| Sept 2025 | Blk 242 · 4 ROOM · 04 TO 06 · Simplified · 60 years left | 84 sqm | S$630,000 | S$7,500 psm |
| May 2024 | Blk 242 · 4 ROOM · 07 TO 09 · Model A · 61 years left | 103 sqm | S$768,888 | S$7,465 psm |
| Aug 2023 | Blk 242 · 4 ROOM · 10 TO 12 · Simplified · 62 years left | 84 sqm | S$609,000 | S$7,250 psm |
| Dec 2022 | Blk 242 · 4 ROOM · 01 TO 03 · Simplified · 63 years left | 84 sqm | S$500,000 | S$5,952 psm |
| Nov 2022 | Blk 242 · 4 ROOM · 07 TO 09 · Simplified · 63 years left | 84 sqm | S$570,000 | S$6,786 psm |
| Nov 2022 | Blk 242 · 4 ROOM · 01 TO 03 · Simplified · 63 years left | 84 sqm | S$500,000 | S$5,952 psm |
| Oct 2022 | Blk 242 · 4 ROOM · 01 TO 03 · Simplified · 63 years left | 84 sqm | S$485,000 | S$5,774 psm |
| Jan 2022 | Blk 242 · 4 ROOM · 04 TO 06 · Simplified · 63 years left | 84 sqm | S$510,000 | S$6,071 psm |
Showing 12 of 42.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Aug 2026 | Blk 242 · 5 ROOM | S$3,600 | — |
| Feb 2026 | Blk 242 · 5 ROOM | S$4,050 | — |
| Aug 2025 | Blk 242 · 5 ROOM | S$3,500 | — |
| Mar 2025 | Blk 242 · 4 ROOM | S$3,300 | — |
| Jan 2025 | Blk 242 · 4 ROOM | S$3,600 | — |
| Jul 2024 | Blk 242 · 5 ROOM | S$3,000 | — |
| Feb 2024 | Blk 242 · 5 ROOM | S$4,200 | — |
| Oct 2023 | Blk 242 · 5 ROOM | S$3,300 | — |
| Jun 2023 | Blk 242 · 4 ROOM | S$3,500 | — |
| Feb 2023 | Blk 242 · 4 ROOM | S$3,300 | — |
| Feb 2023 | Blk 242 · 4 ROOM | S$2,500 | — |
| Jan 2023 | Blk 242 · 4 ROOM | S$3,600 | — |
| Oct 2021 | Blk 242 · 5 ROOM | S$2,350 | — |
| Mar 2021 | Blk 242 · 4 ROOM | S$2,550 | — |
| Feb 2021 | Blk 242 · 4 ROOM | S$2,650 | — |
| Jan 2021 | Blk 242 · 4 ROOM | S$2,000 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Where the lease takes this
About 58 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 now | Lease left | Prices flat | Prices 2% a year | This market's record, 3.64% a yearmeasured | Prices 4% a year |
|---|---|---|---|---|---|
| 5 years | 53 years | S$668,217 | S$737,765 | S$799,014 | S$812,988 |
| 10 years | 48 years | S$634,557 | S$773,522 | S$907,288 | S$939,300 |
| 20 years | 38 years | S$557,844 | S$828,927 | S$1,140,409 | S$1,222,304 |
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.