Blk 240 Serangoon Ave 2
SERANGOON AVE 2 · SERANGOON · Singapore 550240 · D19
Median PSF · 12m
S$748
Median price · 12m
S$720K
Latest sale
S$845K
Aug 2026
1-year change
-0.6%
Sales · 12m
3
101 all time
Gross yield
5.37%
4 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +38.5%
- Annualised
- +15.6%
- Transactions
- 9
- 1 year
- -0.6%
- 3 years p.a.
- +3.2%
- 5 years p.a.
- +6.0%
- Median size
- 969 sqft
Against the neighbourhood
How it compares within D19
Serangoon Gardens, Hougang, Punggol, Sengkang. All figures are medians over the last 12 months for HDB flats in this district.
| Measure | Blk 240 Serangoon Ave 2 | D19 median | Difference |
|---|---|---|---|
| Median PSF | S$748 | S$642 | +16.4% |
| Median price | S$720K | S$660K | +9.1% |
| Gross rental yield | 5.37% | 5.85% | -0.5 pts |
| 1-year price change | -0.6% | +0.5% | -1.0 pts |
This development trades about 16% above the D19 median price per square foot.
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$3,425
Contracts · 12m
4
Implied annual rent
S$41K
Gross yield
5.37%
| Unit type | Contracts | Median rent |
|---|---|---|
| 4 ROOM | 4 | S$3,425 |
Investment analysis
Investment score 37 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
37/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Liquidityweight 15%65
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%56
Distance to the nearest rail station, plus schools within 1 km. Nearest is Serangoon Interchange MRT at 480 m.
- Supply riskweight 10%46
Upcoming units recorded in the same district. Higher score means less competing supply.
- Price momentumweight 18%36
Three-year annualised change in median PSF, or one year where three is unavailable.
- Rental yieldweight 20%21
Gross yield against every other development in its segment.
- Valuationweight 22%15
How its median price per square foot compares with its own district.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Serangoon Interchange MRT480 m
- Serangoon MRT540 m
- Lorong Chuan MRT640 m
- Woodleigh MRT1.6 km
Schools within 2 km
- Nanyang Junior Collegejunior college460 m
- Yangzheng Primary Schoolprimary520 m
- Zhonghua Secondary Schoolsecondary (s1-s5)540 m
- Peicai Secondary Schoolsecondary (s1-s5)700 m
- Chij Our Lady Of Good Counselprimary760 m
- Zhonghua Primary Schoolprimary780 m
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- Chuan ParkChuan Park Development Pte Ltd · TOP 2027916 units470 m
- CHUAN PARKChuan Park Development Pte. Ltd.916 units480 m
- JANSEN HOUSEMequity GS Pte Ltd21 units1.1 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Aug 2026 | 4 ROOM | S$845,000 | 1,130 sqft | S$748 | 10 TO 12 | 57 yr 11 mo |
| Jan 2026 | 4 ROOM | S$696,000 | 904 sqft | S$770 | 07 TO 09 | 58 yr 7 mo |
| Oct 2025 | 4 ROOM | S$720,000 | 969 sqft | S$743 | 07 TO 09 | 58 yr 9 mo |
| Sep 2025 | 4 ROOM | S$850,000 | 1,130 sqft | S$752 | 10 TO 12 | 58 yr 11 mo |
| Jul 2024 | 4 ROOM | S$645,000 | 969 sqft | S$666 | 07 TO 09 | 60 yr 1 mo |
| Jul 2023 | 4 ROOM | S$770,000 | 1,119 sqft | S$688 | 10 TO 12 | 61 yr 1 mo |
| Mar 2023 | 4 ROOM | S$768,000 | 1,130 sqft | S$680 | 10 TO 12 | 61 yr 4 mo |
| Dec 2022 | 4 ROOM | S$622,000 | 969 sqft | S$642 | 07 TO 09 | 61 yr 8 mo |
| Nov 2021 | 4 ROOM | S$488,000 | 904 sqft | S$540 | 04 TO 06 | 62 yr 10 mo |
| Jun 2021 | 4 ROOM | S$505,000 | 904 sqft | S$559 | 10 TO 12 | 63 yr 2 mo |
| Dec 2019 | 4 ROOM | S$520,000 | 969 sqft | S$537 | 07 TO 09 | 64 yr 7 mo |
| Feb 2018 | 4 ROOM | S$615,000 | 1,130 sqft | S$544 | 07 TO 09 | 66 yr 5 mo |
| Apr 2017 | 4 ROOM | S$500,000 | 904 sqft | S$553 | 07 TO 09 | 67 yr 3 mo |
| Nov 2016 | 4 ROOM | S$585,000 | 1,130 sqft | S$518 | 10 TO 12 | 67 yrs |
| Sep 2016 | 4 ROOM | S$390,000 | 904 sqft | S$431 | 01 TO 03 | 67 yrs |
| Aug 2016 | 4 ROOM | S$505,000 | 904 sqft | S$559 | 04 TO 06 | 67 yrs |
| Apr 2016 | 4 ROOM | S$625,000 | 1,130 sqft | S$553 | 10 TO 12 | 68 yrs |
| Mar 2016 | 4 ROOM | S$478,000 | 1,130 sqft | S$423 | 01 TO 03 | 68 yrs |
| Oct 2013 | 4 ROOM | S$572,000 | 1,130 sqft | S$506 | 10 TO 12 | 70 yr 3 mo |
| Jul 2012 | 4 ROOM | S$570,000 | 1,130 sqft | S$504 | 10 TO 12 | 71 yr 6 mo |
| Sep 2011 | 4 ROOM | S$440,000 | 904 sqft | S$487 | 04 TO 06 | 72 yr 4 mo |
| Jul 2011 | 4 ROOM | S$455,000 | 904 sqft | S$503 | 07 TO 09 | 72 yr 6 mo |
| Apr 2011 | 4 ROOM | S$440,000 | 904 sqft | S$487 | 04 TO 06 | 72 yr 9 mo |
| Feb 2011 | 4 ROOM | S$425,000 | 904 sqft | S$470 | 10 TO 12 | 72 yr 11 mo |
| Feb 2011 | 4 ROOM | S$402,000 | 904 sqft | S$445 | 01 TO 03 | 72 yr 11 mo |
| Feb 2010 | 4 ROOM | S$350,000 | 904 sqft | S$387 | 01 TO 03 | 73 yr 11 mo |
| Oct 2009 | 4 ROOM | S$360,000 | 904 sqft | S$398 | 10 TO 12 | 74 yr 3 mo |
| May 2009 | 4 ROOM | S$350,000 | 904 sqft | S$387 | 10 TO 12 | 74 yr 8 mo |
| Jun 2008 | 4 ROOM | S$372,000 | 1,130 sqft | S$329 | 07 TO 09 | 75 yr 7 mo |
| Mar 2008 | 4 ROOM | S$280,000 | 904 sqft | S$310 | 01 TO 03 | 75 yr 10 mo |
| Feb 2008 | 4 ROOM | S$245,000 | 969 sqft | S$253 | 10 TO 12 | 75 yr 11 mo |
| Jul 2007 | 4 ROOM | S$220,000 | 904 sqft | S$243 | 04 TO 06 | 76 yr 6 mo |
| May 2007 | 4 ROOM | S$293,000 | 1,130 sqft | S$259 | 07 TO 09 | 76 yr 8 mo |
| Mar 2006 | 4 ROOM | S$253,000 | 1,130 sqft | S$224 | 10 TO 12 | 77 yr 10 mo |
| Jan 2006 | 4 ROOM | S$219,000 | 904 sqft | S$242 | 10 TO 12 | 78 yrs |
| Jul 2005 | 4 ROOM | S$202,000 | 904 sqft | S$223 | 10 TO 12 | 78 yr 6 mo |
| Jan 2005 | 4 ROOM | S$212,000 | 904 sqft | S$234 | 10 TO 12 | 79 yrs |
| Apr 2004 | 4 ROOM | S$281,500 | 1,130 sqft | S$249 | 10 TO 12 | 79 yr 9 mo |
| Dec 2003 | 4 ROOM | S$210,000 | 904 sqft | S$232 | 04 TO 06 | 80 yr 1 mo |
| Nov 2003 | 4 ROOM | S$295,000 | 1,119 sqft | S$264 | 10 TO 12 | 80 yr 2 mo |
Showing the 40 most recent of 101 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 238 Serangoon Ave 2
S$788
+19.6%1 sales5.9% yield
Blk 242 Serangoon Ave 3
S$774
+11.1%4 sales5.7% yield
Blk 239 Serangoon Ave 2
S$752
+10.3%1 sales6.7% yield
Blk 245 Serangoon Ave 2
S$762
+5.7%1 sales6.5% yield
Blk 241 Serangoon Ave 3
S$711
-1.9%2 sales6.8% yield
Blk 237 Serangoon Ave 3
S$726
+6.8%1 sales6.9% yield
Blk 236 Serangoon Ave 3
S$721
+9.6%2 sales6.4% yield
Blk 234A Serangoon Ave 2
S$776
—3 sales4.2% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.