Blk 238 Serangoon Ave 2 is an HDB block in Serangoon (completed in 1984, 11 storeys, 100 units). As of Jul 2026, its median resale price over the last 24 months is $712,888, about 9% below the Serangoon median, from 3 sales. 113 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1984 |
| Lease from | 1985 |
| Storeys | 11 |
| Dwelling units | 100 |
| Unit mix (sold) | 4-room ×100 |
| Recorded resales | 113 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $712,888 | $7,262/m² | 3 |
Median monthly rent at this block: $3,600/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~6.1% (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 39% of Serangoon blocks with recent sales.
For a typical 4-room flat here, our price model estimates $559,240–$625,590 (central estimate $592,415). Recent sales — median $615,508 — sit within 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 |
|---|---|---|---|
| 1990 | $94,000 | $175,978 | 4 |
| 1991 | $90,750 | $164,244 | 2 |
| 1992 | $111,000 | $196,485 | 2 |
| 1993 | $126,000 | $218,041 | 5 |
| 1994 | $165,000 | $276,962 | 3 |
| 1995 | $204,000 | $336,618 | 6 |
| 1996 | $300,000 | $488,288 | 5 |
| 1997 | $282,500 | $450,688 | 6 |
| 1998 | $252,000 | $403,126 | 6 |
| 1999 | $219,500 | $351,052 | 6 |
| 2000 | $272,500 | $430,016 | 6 |
| 2001 | $209,000 | $326,501 | 4 |
| 2002 | $224,000 | $351,311 | 4 |
| 2003 | $219,500 | $342,581 | 4 |
| 2004 | $226,500 | $347,693 | 4 |
| 2005 | $221,000 | $337,652 | 3 |
| 2006 | $230,500 | $348,797 | 3 |
| 2007 | $258,500 | $383,084 | 2 |
| 2008 | $276,500 | $384,261 | 1 |
| 2009 | $320,000 | $442,115 | 1 |
| 2010 | $384,000 | $515,942 | 4 |
| 2011 | $475,000 | $606,365 | 5 |
| 2012 | $548,000 | $668,911 | 3 |
| 2013 | $500,000 | $596,227 | 3 |
| 2014 | $534,000 | $630,253 | 6 |
| 2016 | $530,000 | $632,165 | 1 |
| 2017 | $442,500 | $524,771 | 2 |
| 2018 | $495,000 | $584,469 | 2 |
| 2021 | $511,000 | $587,387 | 2 |
| 2022 | $565,000 | $611,940 | 2 |
| 2024 | $610,000 | $615,508 | 5 |
| 2026 | $712,888 | $712,888 | 1 |
| Record sale | $745,000 (4-Room, 2024-11) |
|---|---|
| First recorded sale | $85,500 (1990-04) |
| Busiest year | 1995 · 6 sales |
| 10-year change (real) | +13% (+1.2%/yr, 2016→2026) |
| Total transacted | $36.0M across 113 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 4-Room | 07 TO 09 | 84 | $712,888 |
| 2024-11 | 4-Room | 04 TO 06 | 105 | $745,000 |
| 2024-09 | 4-Room | 07 TO 09 | 84 | $610,000 |
| 2024-05 | 4-Room | 01 TO 03 | 84 | $600,000 |
| 2024-04 | 4-Room | 04 TO 06 | 84 | $600,000 |
| 2024-02 | 4-Room | 10 TO 12 | 84 | $658,800 |
| 2022-11 | 4-Room | 10 TO 12 | 84 | $515,000 |
| 2022-02 | 4-Room | 04 TO 06 | 105 | $615,000 |
| 2021-11 | 4-Room | 07 TO 09 | 84 | $532,000 |
| 2021-06 | 4-Room | 10 TO 12 | 84 | $490,000 |
| 2018-10 | 4-Room | 10 TO 12 | 84 | $515,000 |
| 2018-03 | 4-Room | 04 TO 06 | 84 | $475,000 |
| 2017-09 | 4-Room | 01 TO 03 | 90 | $440,000 |
| 2017-09 | 4-Room | 01 TO 03 | 84 | $445,000 |
| 2016-06 | 4-Room | 07 TO 09 | 90 | $530,000 |
| 2014-12 | 4-Room | 07 TO 09 | 104 | $580,000 |
| 2014-10 | 4-Room | 04 TO 06 | 104 | $563,000 |
| 2014-09 | 4-Room | 10 TO 12 | 84 | $500,000 |
| 2014-08 | 4-Room | 04 TO 06 | 84 | $525,000 |
| 2014-04 | 4-Room | 07 TO 09 | 84 | $510,000 |
| 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 $712,888 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $559,240–$625,590 (central estimate $592,415). Recent sales — median $615,508 — sit within that range.
The median monthly rent is $3,600/mo over the last 12 months (2 contracts).
The block was completed in 1984 and its 99-year lease runs from 1985.