Blk 245 Serangoon Avenue 2 — HDB resale prices
HDB resale prices, Serangoon · 3-Room, 4-Room · built 1985
median resale price, last 24 months
3 sales in that window · as of Sep 2026
How it compares
Blk 245 Serangoon Avenue 2 is an HDB block in Serangoon (completed in 1985, 13 storeys, 96 units). As of Sep 2026, its median resale price over the last 24 months is $628,000, about 6% below the Serangoon median, from 3 sales. 120 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×48 · 4-room ×48
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,350/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~6.4% (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 11% of Serangoon blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $590,775–$660,469 (central estimate $625,622). Recent sales — median $635,383 — sit within 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 |
|---|---|---|---|
| 1990 | $82,000 | $153,513 | 3 |
| 1991 | $52,850 | $95,651 | 2 |
| 1992 | $70,000 | $123,909 | 5 |
| 1993 | $116,700 | $201,948 | 5 |
| 1994 | $112,000 | $187,998 | 5 |
| 1995 | $190,000 | $313,517 | 7 |
| 1996 | $250,000 | $406,906 | 3 |
| 1997 | $277,500 | $442,711 | 12 |
| 1998 | $236,500 | $378,330 | 8 |
| 1999 | $146,000 | $233,501 | 12 |
| 2000 | $237,000 | $373,995 | 5 |
| 2001 | $148,000 | $231,207 | 3 |
| 2002 | $145,000 | $227,411 | 3 |
| 2003 | $215,500 | $336,338 | 6 |
| 2004 | $180,000 | $276,312 | 5 |
| 2005 | $162,500 | $248,274 | 2 |
| 2006 | $175,000 | $264,813 | 1 |
| 2007 | $245,000 | $363,078 | 5 |
| 2008 | $268,000 | $372,449 | 1 |
| 2009 | $277,500 | $383,396 | 2 |
| 2010 | $298,000 | $400,393 | 5 |
| 2012 | $508,000 | $620,085 | 2 |
| 2013 | $434,000 | $517,525 | 2 |
| 2014 | $375,000 | $442,593 | 1 |
| 2015 | $395,000 | $468,649 | 1 |
| 2016 | $460,000 | $548,671 | 2 |
| 2017 | $498,000 | $590,589 | 1 |
| 2019 | $518,500 | $608,762 | 2 |
| 2022 | $452,500 | $490,094 | 2 |
| 2023 | $615,000 | $635,383 | 3 |
| 2024 | $556,500 | $561,525 | 2 |
| 2025 | $753,888 | $753,888 | 1 |
| 2026 | $525,000 | $525,000 | 1 |
Records
| Record sale | $753,888 (4-Room, 2025-02) |
|---|---|
| First recorded sale | $82,000 (1990-09) |
| Busiest year | 1997 · 12 sales |
| 10-year change (real) | -4% (-0.4%/yr, 2016→2026) |
| Total transacted | $29.3M across 120 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-02 | 3-Room | 10–12 | 64 m² | $525,000 |
| 2025-02 | 4-Room | 10–12 | 89 m² | $753,888 |
| 2024-11 | 4-Room | 01–03 | 89 m² | $628,000 |
| 2024-09 | 3-Room | 10–12 | 64 m² | $485,000 |
| 2023-10 | 4-Room | 07–09 | 89 m² | $650,000 |
| 2023-09 | 3-Room | 13–15 | 64 m² | $500,000 |
| 2023-06 | 4-Room | 07–09 | 89 m² | $615,000 |
| 2022-12 | 3-Room | 07–09 | 64 m² | $370,000 |
| 2022-09 | 4-Room | 01–03 | 89 m² | $535,000 |
| 2019-11 | 4-Room | 04–06 | 89 m² | $517,000 |
| 2019-04 | 4-Room | 10–12 | 89 m² | $520,000 |
| 2017-08 | 4-Room | 04–06 | 84 m² | $498,000 |
| 2016-08 | 4-Room | 10–12 | 89 m² | $520,000 |
| 2016-08 | 3-Room | 04–06 | 64 m² | $400,000 |
| 2015-01 | 3-Room | 10–12 | 64 m² | $395,000 |
| 2014-08 | 3-Room | 10–12 | 64 m² | $375,000 |
| 2013-12 | 3-Room | 04–06 | 64 m² | $380,000 |
| 2013-11 | 4-Room | 04–06 | 89 m² | $488,000 |
| 2012-10 | 4-Room | 10–12 | 84 m² | $460,000 |
| 2012-08 | 4-Room | 13–15 | 84 m² | $556,000 |
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 245 Serangoon Avenue 2 cost?
The median resale price over the last 24 months is $628,000 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 245 Serangoon Avenue 2 fairly priced?
For a typical 4-room flat here, our price model estimates $590,775–$660,469 (central estimate $625,622). Recent sales — median $635,383 — sit within that range.
What is the rent at Blk 245 Serangoon Avenue 2?
The median monthly rent is $3,350/mo over the last 12 months (4 contracts).
How old is Blk 245 Serangoon Avenue 2?
The block was completed in 1985 and its 99-year lease runs from 1985.