Blk 245 Serangoon Ave 2 is an HDB block in Serangoon (completed in 1985, 13 storeys, 96 units). As of Jul 2026, its median resale price over the last 24 months is $576,500, about 26% below the Serangoon median, from 4 sales. 120 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1985 |
| Lease from | 1985 |
| Storeys | 13 |
| Dwelling units | 96 |
| Unit mix (sold) | 3-room ×48 · 4-room ×48 |
| Recorded resales | 120 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $505,000 | $7,891/m² | 2 |
| 4-Room | $690,944 | $7,763/m² | 2 |
Median monthly rent at this block: $3,600/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~7.5% (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 20% of Serangoon blocks with recent sales.
For a typical 4-room flat here, our price model estimates $589,747–$659,717 (central estimate $624,732). 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.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-02 | 3-Room | 10 TO 12 | 64 | $525,000 |
| 2025-02 | 4-Room | 10 TO 12 | 89 | $753,888 |
| 2024-11 | 4-Room | 01 TO 03 | 89 | $628,000 |
| 2024-09 | 3-Room | 10 TO 12 | 64 | $485,000 |
| 2023-10 | 4-Room | 07 TO 09 | 89 | $650,000 |
| 2023-09 | 3-Room | 13 TO 15 | 64 | $500,000 |
| 2023-06 | 4-Room | 07 TO 09 | 89 | $615,000 |
| 2022-12 | 3-Room | 07 TO 09 | 64 | $370,000 |
| 2022-09 | 4-Room | 01 TO 03 | 89 | $535,000 |
| 2019-11 | 4-Room | 04 TO 06 | 89 | $517,000 |
| 2019-04 | 4-Room | 10 TO 12 | 89 | $520,000 |
| 2017-08 | 4-Room | 04 TO 06 | 84 | $498,000 |
| 2016-08 | 3-Room | 04 TO 06 | 64 | $400,000 |
| 2016-08 | 4-Room | 10 TO 12 | 89 | $520,000 |
| 2015-01 | 3-Room | 10 TO 12 | 64 | $395,000 |
| 2014-08 | 3-Room | 10 TO 12 | 64 | $375,000 |
| 2013-12 | 3-Room | 04 TO 06 | 64 | $380,000 |
| 2013-11 | 4-Room | 04 TO 06 | 89 | $488,000 |
| 2012-10 | 4-Room | 10 TO 12 | 84 | $460,000 |
| 2012-08 | 4-Room | 13 TO 15 | 84 | $556,000 |
| 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 $576,500 (4 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 $589,747–$659,717 (central estimate $624,732). Recent sales — median $635,383 — sit within that range.
The median monthly rent is $3,600/mo over the last 12 months (3 contracts).
The block was completed in 1985 and its 99-year lease runs from 1985.