Blk 318 Serangoon Avenue 2
About 318 Serangoon Ave 2
318 Serangoon Avenue 2 comprises executive HDB blocks and is located in Serangoon. It was completed in year 1984 and the lease commenced in 1985. The remaining lease period with HDB is therefore approximately 67 years 02 months.
The highest floor for this block is 15. The unit floor size are 143, 149, 151 and 156sqm, based on past transactions data. The latest resale transaction was in Jan 2024 and the highest transacted price was recorded in Sep 2022 for a executive unit at $1,080,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 318, 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.
Block 318 is also well-connected to public transportation, with several MRT stations close by, including Lorong Chuan MRT Station (CC14), Serangoon MRT Station (CC13) and Serangoon MRT Station (NE12).
There are also 4 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| Executive | $908,000 | $986,000 | $1,080,000 | 6 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| Executive | $2,350 | $3,370 | $4,800 | 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 executive units at 318 Serangoon Avenue 2.
- Executive sales : Stable or no visible trend
- Executive price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Chuan Village. We will compare a total of 3 flat types (3 Room, 4 Room and Executive), across a total of 8 blocks within this HDB project/estate. Block 318 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 301 | $516,000 | $516,000 | $516,000 | 1 |
| 302 | $382,400 | $315,000 | $455,000 | 15 |
| 303 | $400,063 | $310,000 | $473,888 | 14 |
| 305 | $398,286 | $348,000 | $440,000 | 7 |
| 306 | $394,100 | $335,000 | $485,000 | 10 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 301 | $534,000 | $510,000 | $558,000 | 2 |
| 307 | $559,800 | $438,000 | $720,000 | 10 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 318 | $986,000 | $908,000 | $1,080,000 | 6 |
| 319 | $968,067 | $886,400 | $1,096,000 | 6 |
Resale transaction details and prices
There were a total of 6 resale transactions in the last 3 years for units in block 318 Serangoon Avenue 2, with the latest one recorded in Jan 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | $1,000,000 | $6,410 | Executive | Blk 318 Serangoon Avenue 2 Executive / 156 sqm | 01 to 03 | 156 sqm | Maisonette | 1985 |
| Sep 2023 | $945,000 | $6,258 | Executive | Blk 318 Serangoon Avenue 2 Executive / 151 sqm | 01 to 03 | 151 sqm | Maisonette | 1985 |
| Sep 2022 | $1,080,000 | $7,152 | Executive | Blk 318 Serangoon Avenue 2 Executive / 151 sqm | 10 to 12 | 151 sqm | Maisonette | 1985 |
| Aug 2022 | $955,000 | $6,122 | Executive | Blk 318 Serangoon Avenue 2 Executive / 156 sqm | 01 to 03 | 156 sqm | Maisonette | 1985 |
| Apr 2022 | $1,028,000 | $6,590 | Executive | Blk 318 Serangoon Avenue 2 Executive / 156 sqm | 04 to 06 | 156 sqm | Maisonette | 1985 |
| Oct 2021 | $908,000 | $6,094 | Executive | Blk 318 Serangoon Avenue 2 Executive / 149 sqm | 04 to 06 | 149 sqm | Maisonette | 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 executive units at 318 Serangoon Avenue 2.
- Executive rental : Stable trend
- Executive rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Chuan Village. We will compare a total of 3 flat types (3 Room, 4 Room and Executive), across a total of 8 blocks within this HDB project/estate. Block 318 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 301 | $1,900 | $1,800 | $2,000 | 2 |
| 302 | $2,306 | $1,250 | $3,400 | 26 |
| 303 | $2,253 | $1,200 | $3,300 | 39 |
| 305 | $2,328 | $1,000 | $3,400 | 27 |
| 306 | $2,316 | $1,600 | $3,400 | 16 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 301 | $3,800 | $3,800 | $3,800 | 1 |
| 307 | $2,902 | $1,200 | $4,100 | 21 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 318 | $3,370 | $2,350 | $4,800 | 5 |
| 319 | $3,475 | $2,700 | $4,200 | 4 |
Rental transaction details and prices
There were a total of 5 rental transactions in the last 3 years for units in block 318 Serangoon Avenue 2. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $3,200 | Executive | Blk 318 Serangoon Avenue 2 Executive | Serangoon |
| Aug 2023 | $4,000 | Executive | Blk 318 Serangoon Avenue 2 Executive | Serangoon |
| Dec 2022 | $4,800 | Executive | Blk 318 Serangoon Avenue 2 Executive | Serangoon |
| Feb 2022 | $2,350 | Executive | Blk 318 Serangoon Avenue 2 Executive | Serangoon |
| Sep 2021 | $2,500 | Executive | Blk 318 Serangoon Avenue 2 Executive | Serangoon |
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Property information for 318 Serangoon Avenue 2
| Block | : | 318 |
| Street | : | Serangoon Avenue 2 |
| Building | : | Chuan Village |
| Postal code | : | 550318 |
| Town | : | Serangoon |
| Recorded transactions floor area | : | 143 sqm, 149 sqm, 151 sqm, 156 sqm |
| Recorded transactions flat types | : | Executive |
| Recorded transactions flat models | : | Maisonette, Apartment |
| Lease commencement | : | 1985 |
| Year completed | : | 1984 |
| Max. Floor | : | 15 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |