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HDB · 550243

Blk 243 Serangoon Ave 2

Project page · 99-year lease from 1985

Indicative value range
S$602,084 – S$649,297
Indicative mid S$628,963 · S$7,067 psm

Based on 13 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
Aug 2026Blk 30907 TO 0991 sqmS$656,500S$7,214 psm×1.000S$7,214 psm
Jul 2026Blk 31507 TO 0991 sqmS$663,888S$7,295 psm×1.000S$7,295 psm
Jul 2026Blk 23910 TO 1284 sqmS$680,000S$8,095 psm×1.000S$8,095 psm
Jun 2026Blk 30804 TO 0693 sqmS$670,000S$7,204 psm×1.000S$7,204 psm
Jun 2026Blk 30701 TO 0391 sqmS$610,000S$6,703 psm×1.000S$6,703 psm
Jun 2026Blk 30701 TO 0395 sqmS$600,000S$6,316 psm×1.000S$6,316 psm
Mar 2026Blk 30704 TO 0693 sqmS$600,000S$6,452 psm×0.997S$6,433 psm
Feb 2026Blk 30704 TO 0691 sqmS$645,000S$7,088 psm×0.997S$7,067 psm
Jan 2026Blk 24007 TO 0984 sqmS$696,000S$8,286 psm×0.997S$8,261 psm
Jan 2026Blk 30704 TO 0691 sqmS$620,000S$6,813 psm×0.997S$6,793 psm
Jan 2026Blk 30707 TO 0995 sqmS$665,000S$7,000 psm×0.997S$6,979 psm
Dec 2025Blk 30104 TO 0696 sqmS$652,000S$6,792 psm×0.996S$6,765 psm
Nov 2025Blk 31510 TO 1293 sqmS$715,000S$7,688 psm×0.996S$7,658 psm

How accurate is this estimate for Serangoon Ave 2?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 41 sales in Serangoon Ave 2 since.

Median error
4.2%

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.

6.77% gross yield

S$42,600 of rent a year against the estimate above · 0.29 points below flats like it

Homes like this rent for about S$3,550 a month, the middle of 28 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 20262454 ROOMS$3,900
Sept 20263094 ROOMS$3,600
Sept 20263084 ROOMS$3,200
Sept 20263154 ROOMS$2,450
Aug 20263154 ROOMS$3,300
Jul 20263094 ROOMS$3,600
Jul 20263074 ROOMS$3,250
Jun 20263084 ROOMS$4,000

median of 28 HDB rental approvals for 4 ROOM on Serangoon Ave 2 since 2025-10.

Buying or selling at S$628,963?

Buying: Stamp duty on S$628,963 · Cash and CPF needed on S$628,963 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$628,963.

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

Primary schools near 243 Serangoon Ave 2

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
Jan 2025
Blk 243 · 4 ROOM · 10 TO 12 · Simplified · 60 years left
89 sqmS$745,000S$8,371 psm
Dec 2024
Blk 243 · 4 ROOM · 07 TO 09 · Simplified · 60 years left
89 sqmS$725,000S$8,146 psm
Apr 2024
Blk 243 · 4 ROOM · 01 TO 03 · Simplified · 61 years left
89 sqmS$615,000S$6,910 psm
Oct 2023
Blk 243 · 4 ROOM · 04 TO 06 · Simplified · 61 years left
89 sqmS$618,000S$6,944 psm
May 2023
Blk 243 · 3 ROOM · 10 TO 12 · Simplified · 62 years left
64 sqmS$425,000S$6,641 psm
Sept 2022
Blk 243 · 4 ROOM · 10 TO 12 · Simplified · 62 years left
89 sqmS$600,000S$6,742 psm
Apr 2022
Blk 243 · 4 ROOM · 07 TO 09 · Simplified · 63 years left
89 sqmS$600,000S$6,742 psm
Apr 2022
Blk 243 · 4 ROOM · 01 TO 03 · Simplified · 63 years left
89 sqmS$480,000S$5,393 psm
Feb 2022
Blk 243 · 4 ROOM · 04 TO 06 · Simplified · 63 years left
84 sqmS$485,000S$5,774 psm
See more

Showing 9 of 54.

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$600,406S$662,896S$717,929S$730,485
10 years47 yearsS$570,162S$695,024S$815,215S$843,979
20 years37 yearsS$501,233S$744,806S$1,024,679S$1,098,264

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.