Blk 232 Serangoon Ave 3 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 $606,500, about 22% below the Serangoon median, from 2 sales. 115 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 | 115 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $606,500 | $7,220/m² | 2 |
Median monthly rent at this block: $3,680/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~7.3% (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 40% of Serangoon blocks with recent sales.
For a typical 4-room flat here, our price model estimates $550,033–$615,292 (central estimate $582,662). Recent sales — median $575,116 — 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 | $85,000 | $159,129 | 3 |
| 1991 | $83,000 | $150,218 | 2 |
| 1992 | $102,500 | $181,439 | 2 |
| 1994 | $220,000 | $369,282 | 3 |
| 1995 | $210,000 | $346,519 | 3 |
| 1996 | $270,000 | $439,459 | 9 |
| 1997 | $315,000 | $502,537 | 7 |
| 1998 | $230,000 | $367,932 | 7 |
| 1999 | $253,000 | $404,629 | 7 |
| 2000 | $295,000 | $465,522 | 5 |
| 2001 | $245,500 | $383,522 | 6 |
| 2002 | $192,000 | $301,123 | 3 |
| 2003 | $230,500 | $359,749 | 2 |
| 2004 | $220,500 | $338,482 | 4 |
| 2005 | $231,500 | $353,694 | 8 |
| 2006 | $222,500 | $336,691 | 4 |
| 2007 | $266,000 | $394,199 | 2 |
| 2008 | $354,400 | $492,522 | 2 |
| 2009 | $360,000 | $497,379 | 1 |
| 2010 | $390,000 | $524,004 | 3 |
| 2011 | $479,500 | $612,110 | 4 |
| 2012 | $470,500 | $574,311 | 4 |
| 2013 | $560,000 | $667,774 | 1 |
| 2015 | $490,000 | $581,362 | 1 |
| 2016 | $537,500 | $641,110 | 4 |
| 2017 | $480,000 | $569,243 | 5 |
| 2018 | $555,000 | $655,314 | 2 |
| 2019 | $412,000 | $483,722 | 1 |
| 2022 | $526,000 | $569,700 | 5 |
| 2023 | $516,500 | $533,619 | 2 |
| 2024 | $640,500 | $646,284 | 2 |
| 2025 | $595,000 | $595,000 | 1 |
| Record sale | $663,000 (4-Room, 2024-03) |
|---|---|
| First recorded sale | $117,600 (1990-03) |
| Busiest year | 1996 · 9 sales |
| 10-year change (real) | +2% (+0.2%/yr, 2015→2025) |
| Total transacted | $37.1M across 115 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-03 | 4-Room | 01 TO 03 | 84 | $595,000 |
| 2024-08 | 4-Room | 10 TO 12 | 84 | $618,000 |
| 2024-03 | 4-Room | 04 TO 06 | 104 | $663,000 |
| 2023-09 | 4-Room | 07 TO 09 | 84 | $538,000 |
| 2023-03 | 4-Room | 04 TO 06 | 84 | $495,000 |
| 2022-11 | 4-Room | 01 TO 03 | 104 | $498,000 |
| 2022-11 | 4-Room | 10 TO 12 | 84 | $560,000 |
| 2022-06 | 4-Room | 07 TO 09 | 90 | $536,000 |
| 2022-02 | 4-Room | 04 TO 06 | 84 | $526,000 |
| 2022-01 | 4-Room | 10 TO 12 | 84 | $522,000 |
| 2019-05 | 4-Room | 04 TO 06 | 84 | $412,000 |
| 2018-03 | 4-Room | 01 TO 03 | 104 | $525,000 |
| 2018-02 | 4-Room | 10 TO 12 | 105 | $585,000 |
| 2017-12 | 4-Room | 10 TO 12 | 104 | $608,000 |
| 2017-11 | 4-Room | 10 TO 12 | 84 | $480,000 |
| 2017-09 | 4-Room | 04 TO 06 | 84 | $470,000 |
| 2017-09 | 4-Room | 04 TO 06 | 84 | $470,000 |
| 2017-02 | 4-Room | 10 TO 12 | 104 | $595,000 |
| 2016-10 | 4-Room | 10 TO 12 | 105 | $625,000 |
| 2016-09 | 4-Room | 07 TO 09 | 84 | $418,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 322 | $990,000 | $6,781/m² |
| 2. Blk 331 | $884,000 | $7,787/m² |
| 3. Blk 246 | $836,500 | $8,256/m² |
| 4. Blk 233 | $812,000 | $7,733/m² |
| 5. Blk 329 | $810,000 | $6,639/m² |
| 6. Blk 324 | $770,000 | $7,981/m² |
| 7. Blk 328 | $770,000 | $7,726/m² |
| 8. Blk 235 | $770,000 | $7,556/m² |
| 9. Blk 325 | $769,444 | $7,560/m² |
| 10. Blk 231 | $763,888 | $7,333/m² |
| 11. Blk 334 | $750,000 | $8,190/m² |
| 12. Blk 242 | $700,000 | $7,685/m² |
| 13. Blk 323 | $691,250 | $8,229/m² |
| 14. Blk 332 | $689,000 | $8,202/m² |
| 15. Blk 333 | $689,000 | $7,905/m² |
Showing the top 15 of 24 blocks.
The median resale price over the last 24 months is $606,500 (2 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 $550,033–$615,292 (central estimate $582,662). Recent sales — median $575,116 — sit within that range.
The median monthly rent is $3,680/mo over the last 12 months (3 contracts).
The block was completed in 1984 and its 99-year lease runs from 1985.