Blk 240 Serangoon Ave 2 is an HDB block in Serangoon (completed in 1984, 12 storeys, 88 units). As of Jul 2026, its median resale price over the last 24 months is $720,000, about 8% below the Serangoon median, from 3 sales. 100 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1984 |
| Lease from | 1985 |
| Storeys | 12 |
| Dwelling units | 88 |
| Unit mix (sold) | 4-room ×88 |
| Recorded resales | 100 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $720,000 | $8,095/m² | 3 |
Median monthly rent at this block: $3,350/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~5.6% (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 14% of Serangoon blocks with recent sales.
For a typical 4-room flat here, our price model estimates $592,604–$662,913 (central estimate $627,759). Recent sales — median $708,000 — 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 |
|---|---|---|---|
| 1992 | $117,000 | $207,106 | 1 |
| 1993 | $166,000 | $287,261 | 2 |
| 1994 | $170,000 | $285,354 | 3 |
| 1995 | $220,000 | $363,020 | 2 |
| 1996 | $283,000 | $460,618 | 7 |
| 1997 | $350,000 | $558,374 | 7 |
| 1998 | $280,000 | $447,917 | 9 |
| 1999 | $261,250 | $417,824 | 8 |
| 2000 | $234,000 | $369,261 | 6 |
| 2001 | $238,750 | $372,977 | 10 |
| 2002 | $201,000 | $315,239 | 5 |
| 2003 | $210,000 | $327,754 | 3 |
| 2004 | $281,500 | $432,121 | 1 |
| 2005 | $207,000 | $316,262 | 2 |
| 2006 | $236,000 | $357,120 | 2 |
| 2007 | $256,500 | $380,120 | 2 |
| 2008 | $280,000 | $389,125 | 3 |
| 2009 | $355,000 | $490,471 | 2 |
| 2010 | $350,000 | $470,260 | 1 |
| 2011 | $440,000 | $561,686 | 5 |
| 2012 | $570,000 | $695,765 | 1 |
| 2013 | $572,000 | $682,083 | 1 |
| 2016 | $505,000 | $602,345 | 5 |
| 2017 | $500,000 | $592,961 | 1 |
| 2018 | $615,000 | $726,159 | 1 |
| 2019 | $520,000 | $610,523 | 1 |
| 2021 | $496,500 | $570,720 | 2 |
| 2022 | $622,000 | $673,676 | 1 |
| 2023 | $769,000 | $794,487 | 2 |
| 2024 | $645,000 | $650,824 | 1 |
| 2025 | $785,000 | $785,000 | 2 |
| 2026 | $696,000 | $696,000 | 1 |
| Record sale | $850,000 (4-Room, 2025-09) |
|---|---|
| First recorded sale | $117,000 (1992-05) |
| Busiest year | 2001 · 10 sales |
| 10-year change (real) | +16% (+1.5%/yr, 2016→2026) |
| Total transacted | $33.3M across 100 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-01 | 4-Room | 07 TO 09 | 84 | $696,000 |
| 2025-10 | 4-Room | 07 TO 09 | 90 | $720,000 |
| 2025-09 | 4-Room | 10 TO 12 | 105 | $850,000 |
| 2024-07 | 4-Room | 07 TO 09 | 90 | $645,000 |
| 2023-07 | 4-Room | 10 TO 12 | 104 | $770,000 |
| 2023-03 | 4-Room | 10 TO 12 | 105 | $768,000 |
| 2022-12 | 4-Room | 07 TO 09 | 90 | $622,000 |
| 2021-11 | 4-Room | 04 TO 06 | 84 | $488,000 |
| 2021-06 | 4-Room | 10 TO 12 | 84 | $505,000 |
| 2019-12 | 4-Room | 07 TO 09 | 90 | $520,000 |
| 2018-02 | 4-Room | 07 TO 09 | 105 | $615,000 |
| 2017-04 | 4-Room | 07 TO 09 | 84 | $500,000 |
| 2016-11 | 4-Room | 10 TO 12 | 105 | $585,000 |
| 2016-09 | 4-Room | 01 TO 03 | 84 | $390,000 |
| 2016-08 | 4-Room | 04 TO 06 | 84 | $505,000 |
| 2016-04 | 4-Room | 10 TO 12 | 105 | $625,000 |
| 2016-03 | 4-Room | 01 TO 03 | 105 | $478,000 |
| 2013-10 | 4-Room | 10 TO 12 | 105 | $572,000 |
| 2012-07 | 4-Room | 10 TO 12 | 105 | $570,000 |
| 2011-09 | 4-Room | 04 TO 06 | 84 | $440,000 |
| 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 $720,000 (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 $592,604–$662,913 (central estimate $627,759). Recent sales — median $708,000 — sit above that range.
The median monthly rent is $3,350/mo over the last 12 months (5 contracts).
The block was completed in 1984 and its 99-year lease runs from 1985.