Blk 232A Serangoon Ave 2 is an HDB block in Serangoon (completed in 1997, 16 storeys, 90 units). As of Jul 2026, its median resale price over the last 24 months is $1,130,000, about 45% above the Serangoon median, from 3 sales. 76 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1997 |
| Lease from | 1998 |
| Storeys | 16 |
| Dwelling units | 90 |
| Unit mix (sold) | exec ×90 |
| Recorded resales | 76 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| Executive | $1,130,000 | $8,014/m² | 3 |
Median monthly rent at this block: $4,500/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~4.8% (Serangoon average: ~5.1%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 16% of Serangoon blocks with recent sales.
For a typical executive flat here, our price model estimates $994,760–$1,112,782 (central estimate $1,053,771). Recent sales — median $1,139,743 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2002 | $480,000 | $752,808 | 7 |
| 2003 | $468,000 | $730,423 | 11 |
| 2004 | $430,500 | $660,846 | 2 |
| 2005 | $409,000 | $624,886 | 2 |
| 2006 | $436,000 | $659,764 | 5 |
| 2007 | $494,000 | $732,083 | 4 |
| 2008 | $582,500 | $809,520 | 6 |
| 2009 | $608,880 | $841,234 | 3 |
| 2010 | $670,500 | $900,884 | 2 |
| 2011 | $720,000 | $919,122 | 3 |
| 2012 | $740,000 | $903,274 | 1 |
| 2013 | $859,000 | $1,024,317 | 1 |
| 2014 | $798,000 | $941,838 | 2 |
| 2015 | $850,000 | $1,008,484 | 1 |
| 2016 | $827,500 | $987,012 | 2 |
| 2017 | $825,000 | $978,386 | 3 |
| 2018 | $950,000 | $1,121,709 | 3 |
| 2019 | $858,000 | $1,007,363 | 3 |
| 2020 | $850,000 | $999,692 | 2 |
| 2021 | $1,000,000 | $1,149,486 | 7 |
| 2022 | $1,101,000 | $1,192,471 | 3 |
| 2025 | $1,000,000 | $1,000,000 | 1 |
| 2026 | $1,200,000 | $1,200,000 | 2 |
| Record sale | $1,270,000 (Executive, 2026-07) |
|---|---|
| First recorded sale | $475,000 (2002-09) |
| Busiest year | 2003 · 11 sales |
| 10-year change (real) | +22% (+2.0%/yr, 2016→2026) |
| Total transacted | $52.0M across 76 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-07 | Executive | 10 TO 12 | 140 | $1,270,000 |
| 2026-04 | Executive | 10 TO 12 | 141 | $1,130,000 |
| 2025-06 | Executive | 01 TO 03 | 140 | $1,000,000 |
| 2022-10 | Executive | 10 TO 12 | 140 | $1,101,000 |
| 2022-03 | Executive | 07 TO 09 | 140 | $935,000 |
| 2022-01 | Executive | 16 TO 18 | 140 | $1,150,000 |
| 2021-12 | Executive | 07 TO 09 | 140 | $1,000,000 |
| 2021-08 | Executive | 07 TO 09 | 140 | $980,000 |
| 2021-06 | Executive | 10 TO 12 | 140 | $995,000 |
| 2021-06 | Executive | 13 TO 15 | 141 | $1,038,000 |
| 2021-04 | Executive | 04 TO 06 | 140 | $890,000 |
| 2021-04 | Executive | 16 TO 18 | 140 | $1,025,000 |
| 2021-01 | Executive | 13 TO 15 | 140 | $1,000,000 |
| 2020-11 | Executive | 10 TO 12 | 141 | $900,000 |
| 2020-01 | Executive | 01 TO 03 | 140 | $800,000 |
| 2019-12 | Executive | 01 TO 03 | 141 | $740,000 |
| 2019-11 | Executive | 04 TO 06 | 141 | $860,000 |
| 2019-04 | Executive | 04 TO 06 | 140 | $858,000 |
| 2018-12 | Executive | 10 TO 12 | 141 | $960,000 |
| 2018-07 | Executive | 16 TO 18 | 140 | $950,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 319 | $1,209,000 | $8,167/m² |
| 2. Blk 318 | $1,190,000 | $7,987/m² |
| 3. Blk 321 | $1,180,000 | $8,014/m² |
| 4. Blk 236A | $1,180,000 | $8,429/m² |
| 5. Blk 317 | $1,170,000 | $7,748/m² |
| 6. Blk 234A | $1,155,444 | $8,253/m² |
| 7. Blk 232A | $1,130,000 | $8,014/m² |
| 8. Blk 310 | $800,000 | $6,612/m² |
| 9. Blk 312 | $764,000 | $6,216/m² |
| 10. Blk 243 | $735,000 | $8,258/m² |
| 11. Blk 240 | $720,000 | $8,095/m² |
| 12. Blk 238 | $712,888 | $7,262/m² |
| 13. Blk 239 | $692,500 | $7,339/m² |
| 14. Blk 315 | $689,444 | $7,492/m² |
| 15. Blk 308 | $677,500 | $7,170/m² |
Showing the top 15 of 26 blocks.
The median resale price over the last 24 months is $1,130,000 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical executive flat here, our price model estimates $994,760–$1,112,782 (central estimate $1,053,771). Recent sales — median $1,139,743 — sit above that range.
The median monthly rent is $4,500/mo over the last 12 months (1 contracts).
The block was completed in 1997 and its 99-year lease runs from 1998.