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Blk 318 Serangoon Avenue 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 $945,000 $1,001,600 $1,080,000 5

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
Executive $2,350 $3,510 $4,800 5

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
Resale transactions trend
  • Executive price : Trending down
Average resale price trend

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.

3 room
Block Avg $ Min $ Max $ Units sold
301 $516,000 $516,000 $516,000 1
302 $389,846 $315,000 $455,000 13
303 $420,829 $310,000 $500,888 13
305 $402,000 $348,000 $440,000 8
306 $407,250 $350,000 $485,000 8
4 room
Block Avg $ Min $ Max $ Units sold
301 $510,000 $510,000 $510,000 1
307 $605,556 $510,000 $720,000 9
Executive
Block Avg $ Min $ Max $ Units sold
318 $1,001,600 $945,000 $1,080,000 5
319 $1,088,800 $1,000,000 $1,230,000 5

There were a total of 5 resale transactions in the last 3 years for units in block 318 Serangoon Avenue 2, with the latest one recorded in Jan 2024.

115
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

Here's a summary of the rental transactions and price trends for the executive units at 318 Serangoon Avenue 2.

  • Executive rental : Stable trend
Rental transactions trend
  • Executive rental price : Trending up
Average rental price trend

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.

3 room
Block Avg $ Min $ Max $ Units rented
301 $1,900 $1,800 $2,000 2
302 $2,414 $1,250 $3,400 24
303 $2,444 $1,500 $3,300 36
305 $2,358 $800 $3,400 24
306 $2,475 $1,800 $3,400 16
4 room
Block Avg $ Min $ Max $ Units rented
301 $3,700 $3,600 $3,800 2
307 $3,247 $2,000 $4,100 17
Executive
Block Avg $ Min $ Max $ Units rented
318 $3,510 $2,350 $4,800 5
319 $3,567 $2,700 $4,200 3

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 May 2024.

115
Date Rental Flat Type Location Town
May 2024 $3,200 Executive Blk 318 Serangoon Avenue 2 Executive Serangoon
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
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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
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