Blk 242 Serangoon Avenue 3
About 242 Serangoon Ave 3
242 Serangoon Avenue 3 is an HDB block located in Serangoon. It has 4 room and 5 room units and the highest floor is 10. The block was completed in 1985 and the lease with HDB commenced in 1986. This means that the remaining lease period is approximately 67 years 09 months. The unit floor size are 84, 103 and 121sqm. The latest resale transaction was in May 2024 and the highest transacted price was recorded in May 2024 for a 4 room unit at $768,888.
There are several primary schools located within 1km of block 242, including Yangzheng Primary School, Zhonghua Primary School and Saint Gabriel's Primary School.
For secondary education, the nearby schools include Zhonghua Secondary School, Peicai Secondary School and Saint Gabriel's Secondary School.
Block 242 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Serangoon MRT Station (CC13), Serangoon MRT Station (NE12) and Lorong Chuan MRT Station (CC14).
There are also 4 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $485,000 | $563,270 | $768,888 | 7 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,500 | $3,225 | $3,600 | 4 |
| 5 room | $3,000 | $3,500 | $4,200 | 3 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room units at 242 Serangoon Avenue 3.
- 4 room sales : Trending down
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 7 resale transactions in the last 3 years for units in block 242 Serangoon Avenue 3, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $768,888 | $7,465 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 103 sqm | 07 to 09 | 103 sqm | Model A | 1986 |
| Aug 2023 | $609,000 | $7,250 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 84 sqm | 10 to 12 | 84 sqm | Simplified | 1986 |
| Dec 2022 | $500,000 | $5,952 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 84 sqm | 01 to 03 | 84 sqm | Simplified | 1986 |
| Nov 2022 | $500,000 | $5,952 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 84 sqm | 01 to 03 | 84 sqm | Simplified | 1986 |
| Nov 2022 | $570,000 | $6,786 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 84 sqm | 07 to 09 | 84 sqm | Simplified | 1986 |
| Oct 2022 | $485,000 | $5,774 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 84 sqm | 01 to 03 | 84 sqm | Simplified | 1986 |
| Jan 2022 | $510,000 | $6,071 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1986 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room units at 242 Serangoon Avenue 3.
- 4 room rental : Stable trend
- 5 room rental : Stable trend
- 4 room rental price : Trending down
- 5 room rental price : Trending down
Rental transaction details and prices
There were a total of 7 rental transactions in the last 3 years for units in block 242 Serangoon Avenue 3. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $3,000 | 5 Room | Blk 242 Serangoon Avenue 3 5 Room | Serangoon |
| Feb 2024 | $4,200 | 5 Room | Blk 242 Serangoon Avenue 3 5 Room | Serangoon |
| Oct 2023 | $3,300 | 5 Room | Blk 242 Serangoon Avenue 3 5 Room | Serangoon |
| Jun 2023 | $3,500 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room | Serangoon |
| Feb 2023 | $2,500 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room | Serangoon |
| Feb 2023 | $3,300 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room | Serangoon |
| Jan 2023 | $3,600 | 4 Room | Blk 242 Serangoon Avenue 3 4 Room | Serangoon |
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Property information for 242 Serangoon Avenue 3
| Block | : | 242 |
| Street | : | Serangoon Avenue 3 |
| Building | : | |
| Postal code | : | 550242 |
| Town | : | Serangoon |
| Recorded transactions floor area | : | 84 sqm, 103 sqm, 121 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Simplified, Improved, Model A |
| Lease commencement | : | 1986 |
| Year completed | : | 1985 |
| Max. Floor | : | 10 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
