Blk 243 Serangoon Avenue 2
About 243 Serangoon Ave 2
243 Serangoon Avenue 2 is an HDB block in Serangoon. It comprises 3 room and 4 room units with the highest floor being 13. The block was completed in 1985 and the lease with HDB commenced in the year 1985. This leaves a remaining lease period of approximately 67 years 02 months.
Based on past transactions data, the unit floor size are 64, 84 and 89sqm. The latest resale transaction was in Apr 2024 and the highest transacted price was recorded in Oct 2023 for a 4 room unit at $618,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 243, including Yangzheng Primary School, Saint Gabriel's Primary School and Zhonghua Primary School.
For secondary education, the nearby schools include Zhonghua Secondary School and Peicai Secondary School.
Public transportation is also convenient, with several MRT stations close to 243, including Serangoon MRT Station (CC13), Lorong Chuan MRT Station (CC14) and Serangoon MRT Station (NE12). There are also 4 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $425,000 | $425,000 | $425,000 | 1 |
| 4 room | $480,000 | $570,429 | $618,000 | 7 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,750 | $2,190 | $3,100 | 10 |
| 4 room | $2,000 | $2,750 | $3,500 | 5 |
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 3 room and 4 room units at 243 Serangoon Avenue 2.
- 3 room sales : Stable or no visible trend
- 4 room sales : Trending down
- 3 room price : Stable or no visible trend
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 243 Serangoon Avenue 2, with the latest one recorded in Apr 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Apr 2024 | $615,000 | $6,910 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 89 sqm | 01 to 03 | 89 sqm | Simplified | 1985 |
| Oct 2023 | $618,000 | $6,944 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 89 sqm | 04 to 06 | 89 sqm | Simplified | 1985 |
| May 2023 | $425,000 | $6,641 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room / 64 sqm | 10 to 12 | 64 sqm | Simplified | 1985 |
| Sep 2022 | $600,000 | $6,742 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 89 sqm | 10 to 12 | 89 sqm | Simplified | 1985 |
| Apr 2022 | $480,000 | $5,393 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 89 sqm | 01 to 03 | 89 sqm | Simplified | 1985 |
| Apr 2022 | $600,000 | $6,742 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 89 sqm | 07 to 09 | 89 sqm | Simplified | 1985 |
| Feb 2022 | $485,000 | $5,774 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1985 |
| Jul 2021 | $595,000 | $6,685 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room / 89 sqm | 10 to 12 | 89 sqm | Simplified | 1985 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room and 4 room units at 243 Serangoon Avenue 2.
- 3 room rental : Trending down
- 4 room rental : Trending up
- 3 room rental price : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 15 rental transactions in the last 3 years for units in block 243 Serangoon Avenue 2. The latest recorded one was in Jan 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jan 2024 | $3,100 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Dec 2023 | $2,000 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Oct 2023 | $3,200 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room | Serangoon |
| Aug 2023 | $2,500 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room | Serangoon |
| Aug 2023 | $3,500 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room | Serangoon |
| Jul 2023 | $2,100 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Apr 2023 | $2,600 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Feb 2023 | $1,800 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Jan 2023 | $2,800 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Dec 2022 | $2,000 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Jul 2022 | $1,900 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Oct 2021 | $2,550 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room | Serangoon |
| Sep 2021 | $2,000 | 4 Room | Blk 243 Serangoon Avenue 2 4 Room | Serangoon |
| Jul 2021 | $1,850 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
| Jul 2021 | $1,750 | 3 Room | Blk 243 Serangoon Avenue 2 3 Room | Serangoon |
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Property information for 243 Serangoon Avenue 2
| Block | : | 243 |
| Street | : | Serangoon Avenue 2 |
| Building | : | |
| Postal code | : | 550243 |
| Town | : | Serangoon |
| Recorded transactions floor area | : | 64 sqm, 84 sqm, 89 sqm |
| Recorded transactions flat types | : | 3 Room, 4 Room |
| Recorded transactions flat models | : | Simplified |
| Lease commencement | : | 1985 |
| Year completed | : | 1985 |
| Max. Floor | : | 13 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |