Blk 242 Serangoon Ave 3 is an HDB block in Serangoon (completed in 1985, 10 storeys, 90 units). As of Jul 2026, its median resale price over the last 24 months is $700,000, about 10% below the Serangoon median, from 3 sales. 112 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1985 |
| Lease from | 1986 |
| Storeys | 10 |
| Dwelling units | 90 |
| Unit mix (sold) | 4-room ×58 · 5-room ×32 |
| Recorded resales | 112 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $665,000 | $7,917/m² | 2 |
| 5-Room | $929,888 | $7,685/m² | 1 |
Median monthly rent at this block: $3,775/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~6.5% (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 27% of Serangoon blocks with recent sales.
For a typical 4-room flat here, our price model estimates $563,135–$629,947 (central estimate $596,541). Recent sales — median $617,356 — 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 |
|---|---|---|---|
| 1991 | $82,000 | $148,408 | 5 |
| 1992 | $145,500 | $257,555 | 2 |
| 1993 | $150,000 | $259,573 | 3 |
| 1994 | $270,000 | $453,210 | 7 |
| 1995 | $205,000 | $338,268 | 6 |
| 1996 | $285,000 | $463,873 | 11 |
| 1997 | $417,000 | $665,263 | 3 |
| 1998 | $261,000 | $417,523 | 7 |
| 1999 | $230,000 | $367,845 | 7 |
| 2000 | $264,000 | $416,602 | 6 |
| 2001 | $350,000 | $546,773 | 1 |
| 2002 | $265,500 | $416,397 | 6 |
| 2003 | $214,000 | $333,997 | 2 |
| 2004 | $208,000 | $319,294 | 3 |
| 2005 | $205,000 | $313,207 | 3 |
| 2007 | $314,000 | $465,332 | 4 |
| 2008 | $323,000 | $448,884 | 4 |
| 2010 | $505,000 | $678,518 | 2 |
| 2011 | $440,000 | $561,686 | 6 |
| 2015 | $534,000 | $633,565 | 1 |
| 2016 | $600,000 | $715,658 | 2 |
| 2017 | $475,000 | $563,313 | 1 |
| 2018 | $506,500 | $598,048 | 2 |
| 2019 | $606,000 | $711,494 | 4 |
| 2020 | $458,000 | $538,657 | 1 |
| 2021 | $690,000 | $793,145 | 3 |
| 2022 | $500,000 | $541,540 | 5 |
| 2023 | $609,000 | $629,184 | 1 |
| 2024 | $768,888 | $775,831 | 1 |
| 2025 | $630,000 | $630,000 | 1 |
| 2026 | $814,944 | $814,944 | 2 |
| Record sale | $929,888 (5-Room, 2026-07) |
|---|---|
| First recorded sale | $90,000 (1991-03) |
| Busiest year | 1996 · 11 sales |
| 10-year change (real) | +14% (+1.3%/yr, 2016→2026) |
| Total transacted | $39.1M across 112 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-07 | 5-Room | 07 TO 09 | 121 | $929,888 |
| 2026-05 | 4-Room | 04 TO 06 | 84 | $700,000 |
| 2025-09 | 4-Room | 04 TO 06 | 84 | $630,000 |
| 2024-05 | 4-Room | 07 TO 09 | 103 | $768,888 |
| 2023-08 | 4-Room | 10 TO 12 | 84 | $609,000 |
| 2022-12 | 4-Room | 01 TO 03 | 84 | $500,000 |
| 2022-11 | 4-Room | 01 TO 03 | 84 | $500,000 |
| 2022-11 | 4-Room | 07 TO 09 | 84 | $570,000 |
| 2022-10 | 4-Room | 01 TO 03 | 84 | $485,000 |
| 2022-01 | 4-Room | 04 TO 06 | 84 | $510,000 |
| 2021-08 | 5-Room | 01 TO 03 | 121 | $650,000 |
| 2021-06 | 5-Room | 07 TO 09 | 121 | $690,000 |
| 2021-06 | 5-Room | 07 TO 09 | 121 | $763,000 |
| 2020-10 | 4-Room | 04 TO 06 | 84 | $458,000 |
| 2019-07 | 4-Room | 07 TO 09 | 84 | $510,000 |
| 2019-06 | 5-Room | 07 TO 09 | 121 | $695,000 |
| 2019-05 | 5-Room | 01 TO 03 | 121 | $650,000 |
| 2019-03 | 4-Room | 10 TO 12 | 84 | $562,000 |
| 2018-10 | 4-Room | 07 TO 09 | 84 | $545,000 |
| 2018-07 | 4-Room | 01 TO 03 | 84 | $468,000 |
| 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 $700,000 (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 $563,135–$629,947 (central estimate $596,541). Recent sales — median $617,356 — sit within that range.
The median monthly rent is $3,775/mo over the last 12 months (2 contracts).
The block was completed in 1985 and its 99-year lease runs from 1986.