Blk 261 Serangoon Ctrl Dr is an HDB block in Serangoon (completed in 1988, 4 storeys, 52 units). As of Jul 2026, its median resale price over the last 24 months is $486,500, about 38% below the Serangoon median, from 4 sales. 65 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Serangoon |
|---|---|
| Completed | 1988 |
| Lease from | 1988 |
| Storeys | 4 |
| Dwelling units | 52 |
| Unit mix (sold) | 3-room ×51 |
| Recorded resales | 65 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $486,500 | $7,541/m² | 4 |
Median monthly rent at this block: $2,800/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~6.9% (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 30% of Serangoon blocks with recent sales.
For a typical 3-room flat here, our price model estimates $451,722–$505,317 (central estimate $478,520). Recent sales — median $469,199 — 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 |
|---|---|---|---|
| 1993 | $84,000 | $145,361 | 2 |
| 1994 | $88,000 | $147,713 | 1 |
| 1995 | $127,000 | $209,561 | 3 |
| 1996 | $199,000 | $323,897 | 2 |
| 1998 | $156,500 | $250,354 | 3 |
| 1999 | $140,000 | $223,905 | 5 |
| 2000 | $154,250 | $243,413 | 2 |
| 2001 | $141,000 | $220,271 | 3 |
| 2002 | $140,750 | $220,745 | 2 |
| 2003 | $152,000 | $237,232 | 3 |
| 2004 | $195,000 | $299,338 | 1 |
| 2005 | $155,000 | $236,815 | 3 |
| 2006 | $136,000 | $205,798 | 1 |
| 2007 | $170,000 | $251,931 | 3 |
| 2008 | $231,000 | $321,028 | 4 |
| 2009 | $245,000 | $338,494 | 3 |
| 2010 | $350,000 | $470,260 | 1 |
| 2011 | $316,000 | $403,392 | 1 |
| 2012 | $362,500 | $442,482 | 2 |
| 2013 | $371,500 | $442,996 | 2 |
| 2014 | $390,000 | $460,297 | 1 |
| 2015 | $372,000 | $441,360 | 3 |
| 2016 | $300,000 | $357,829 | 1 |
| 2017 | $338,000 | $400,842 | 3 |
| 2020 | $355,000 | $417,518 | 1 |
| 2021 | $370,000 | $425,310 | 3 |
| 2023 | $400,000 | $413,257 | 1 |
| 2024 | $460,000 | $464,154 | 2 |
| 2025 | $503,000 | $503,000 | 3 |
| Record sale | $570,000 (3-Room, 2025-05) |
|---|---|
| First recorded sale | $83,000 (1993-07) |
| Busiest year | 1999 · 5 sales |
| 10-year change (real) | +14% (+1.3%/yr, 2015→2025) |
| Total transacted | $16.0M across 65 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-12 | 3-Room | 04 TO 06 | 64 | $470,000 |
| 2025-09 | 3-Room | 01 TO 03 | 65 | $503,000 |
| 2025-05 | 3-Room | 01 TO 03 | 64 | $570,000 |
| 2024-08 | 3-Room | 01 TO 03 | 64 | $455,000 |
| 2024-05 | 3-Room | 04 TO 06 | 65 | $465,000 |
| 2023-01 | 3-Room | 01 TO 03 | 64 | $400,000 |
| 2021-12 | 3-Room | 01 TO 03 | 64 | $355,000 |
| 2021-06 | 3-Room | 04 TO 06 | 64 | $395,000 |
| 2021-04 | 3-Room | 04 TO 06 | 64 | $370,000 |
| 2020-02 | 3-Room | 01 TO 03 | 64 | $355,000 |
| 2017-10 | 3-Room | 04 TO 06 | 64 | $338,000 |
| 2017-07 | 3-Room | 01 TO 03 | 64 | $330,000 |
| 2017-03 | 3-Room | 04 TO 06 | 64 | $338,000 |
| 2016-12 | 3-Room | 01 TO 03 | 64 | $300,000 |
| 2015-09 | 3-Room | 01 TO 03 | 64 | $364,000 |
| 2015-09 | 3-Room | 01 TO 03 | 65 | $375,000 |
| 2015-06 | 3-Room | 04 TO 06 | 64 | $372,000 |
| 2014-05 | 3-Room | 04 TO 06 | 64 | $390,000 |
| 2013-12 | 3-Room | 01 TO 03 | 64 | $369,000 |
| 2013-01 | 3-Room | 04 TO 06 | 64 | $374,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 257 | $989,000 | $8,600/m² |
| 2. Blk 256 | $980,000 | $8,522/m² |
| 3. Blk 258 | $882,500 | $8,471/m² |
| 4. Blk 255 | $866,500 | $8,601/m² |
| 5. Blk 262 | $527,444 | $8,241/m² |
| 6. Blk 263 | $525,000 | $8,140/m² |
| 7. Blk 253 | $493,944 | $7,718/m² |
| 8. Blk 254 | $487,500 | $7,561/m² |
| 9. Blk 261 | $486,500 | $7,541/m² |
The median resale price over the last 24 months is $486,500 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $451,722–$505,317 (central estimate $478,520). Recent sales — median $469,199 — sit within that range.
The median monthly rent is $2,800/mo over the last 12 months (1 contracts).
The block was completed in 1988 and its 99-year lease runs from 1988.