Blk 240 Serangoon Avenue 2 — HDB resale prices
HDB resale prices, Serangoon · 4-Room · built 1984
median resale price, last 24 months
4 sales in that window · as of Sep 2026
How it compares
Blk 240 Serangoon Avenue 2 is an HDB block in Serangoon (completed in 1984, 12 storeys, 88 units). As of Sep 2026, its median resale price over the last 24 months is $782,500, about 17% above the Serangoon median, from 4 sales. 101 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×88
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,425/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~5.3% (Serangoon average: ~6.3%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 17% of Serangoon blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $611,639–$683,795 (central estimate $647,717). Recent sales — median $720,000 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| 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 | $770,500 | $770,500 | 2 |
Records
| Record sale | $850,000 (4-Room, 2025-09) |
|---|---|
| First recorded sale | $117,000 (1992-05) |
| Busiest year | 2001 · 10 sales |
| 10-year change (real) | +28% (+2.5%/yr, 2016→2026) |
| Total transacted | $34.2M across 101 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 4-Room | 10–12 | 105 m² | $845,000 |
| 2026-01 | 4-Room | 07–09 | 84 m² | $696,000 |
| 2025-10 | 4-Room | 07–09 | 90 m² | $720,000 |
| 2025-09 | 4-Room | 10–12 | 105 m² | $850,000 |
| 2024-07 | 4-Room | 07–09 | 90 m² | $645,000 |
| 2023-07 | 4-Room | 10–12 | 104 m² | $770,000 |
| 2023-03 | 4-Room | 10–12 | 105 m² | $768,000 |
| 2022-12 | 4-Room | 07–09 | 90 m² | $622,000 |
| 2021-11 | 4-Room | 04–06 | 84 m² | $488,000 |
| 2021-06 | 4-Room | 10–12 | 84 m² | $505,000 |
| 2019-12 | 4-Room | 07–09 | 90 m² | $520,000 |
| 2018-02 | 4-Room | 07–09 | 105 m² | $615,000 |
| 2017-04 | 4-Room | 07–09 | 84 m² | $500,000 |
| 2016-11 | 4-Room | 10–12 | 105 m² | $585,000 |
| 2016-09 | 4-Room | 01–03 | 84 m² | $390,000 |
| 2016-08 | 4-Room | 04–06 | 84 m² | $505,000 |
| 2016-04 | 4-Room | 10–12 | 105 m² | $625,000 |
| 2016-03 | 4-Room | 01–03 | 105 m² | $478,000 |
| 2013-10 | 4-Room | 10–12 | 105 m² | $572,000 |
| 2012-07 | 4-Room | 10–12 | 105 m² | $570,000 |
Serangoon Avenue 2 blocks ranked by price
Showing the top 15 of 25 priced blocks.
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Quick answers
How much does a flat at Blk 240 Serangoon Avenue 2 cost?
The median resale price over the last 24 months is $782,500 (4 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 240 Serangoon Avenue 2 fairly priced?
For a typical 4-room flat here, our price model estimates $611,639–$683,795 (central estimate $647,717). Recent sales — median $720,000 — sit above that range.
What is the rent at Blk 240 Serangoon Avenue 2?
The median monthly rent is $3,425/mo over the last 12 months (4 contracts).
How old is Blk 240 Serangoon Avenue 2?
The block was completed in 1984 and its 99-year lease runs from 1985.