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Serangoon HDB Price Trends

Serangoon is a vibrant and bustling housing estate located in the northeastern part of Singapore. Known for its rich cultural heritage and diverse community, Serangoon offers a variety of public and private housing options to suit the needs of its residents.

Public housing in Serangoon is provided by the Housing Development Board (HDB), which offers a range of flats to cater to different household sizes and budgets. The HDB flats in Serangoon are well-designed and come with various amenities such as playgrounds, communal spaces, and multi-storey car parks.

In addition to public housing, there are also several private housing options available in Serangoon, such as condominiums and landed properties. These properties provide a more luxurious living experience and often come with additional facilities such as swimming pools, gyms, and tennis courts.

Serangoon is also home to several amenities, making it a convenient place to live. One of the most popular shopping destinations in the area is the Nex shopping mall, which houses a wide range of retail and dining options. Other malls in the area include myVillage at Serangoon Garden and Heartland Mall.

Residents of Serangoon can also enjoy the various community centers and clubs, such as the Serangoon Community Club and the Serangoon Gardens Country Club. These facilities offer a range of activities and programs, including sports and fitness classes, language courses, and hobby groups.

When it comes to food, Serangoon is well-known for its hawker centers and food courts. Some of the most popular ones include Chomp Chomp Food Centre and Serangoon Garden Market and Food Centre, where residents can enjoy a variety of local dishes at affordable prices.

For families with young children, there are several schools located in Serangoon, including Rosyth School, Xinmin Primary School, and CHIJ Our Lady of Good Counsel. There are also several parks and green spaces in the area, such as Serangoon Community Park and Punggol Park, which provide residents with opportunities for outdoor activities and relaxation.

Accessibility to other parts of Singapore is not a problem for Serangoon residents, as the area is well-connected to various transportation options. The Serangoon MRT station provides access to the Circle Line and the North-East Line, while several major roads and expressways, such as the Central Expressway (CTE) and the Pan Island Expressway (PIE), are also within easy reach.

In conclusion, Serangoon is a vibrant and convenient housing estate that offers a range of public and private housing options to suit the needs of its residents. With its variety of amenities and easy accessibility, Serangoon is an attractive place to live for families and individuals alike.

Serangoon comprises 2 room, 3 room, 4 room, 5 room and executive HDB units. Shown below are the transactions volume trend summary and graph, broken down by month.

Serangoon resale transactions trend

Resale volume summary

Type Trend
2 Room
3 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
4 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
5 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

In the last 3 years, the average monthly transacted resale price trend for 2 room, 3 room, 4 room, 5 room and executive units in Serangoon has been summarised as shown below.

Average resale price trend for Serangoon

Resale price summary

Type Trend
2 Room
3 Room
4 Room
5 Room
Executive

Displayed in the figure below are the low-high transacted price ranges for each of the flat types in Serangoon. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average price is calculated based on all the transaction records collated for each flat type for Serangoon, for the selected period (last 3 years).

High / low / average resale price range for Serangoon
High / low / average price summary
Type Max $ Avg $ Min $
2 room $288,000 $274,111 $250,000
3 room $530,000 $387,187 $280,000
4 room $850,000 $563,847 $310,000
5 room $990,000 $701,527 $490,000
Executive $1,208,000 $910,128 $645,000

Here, we broke down the transacted prices (low, average and high) and the units sold over the last 3 years, and grouped by flat type and age of the properties for a comparison.

2 room
Avg $ Min $ Max $ Units sold Age
$274,111 $250,000 $288,000 9 46 to 50
3 room
Avg $ Min $ Max $ Units sold Age
$393,929 $284,000 $530,000 182 36 to 40
$376,580 $280,000 $473,888 83 41 to 45
$378,929 $325,000 $473,000 42 46 to 50
4 room
Avg $ Min $ Max $ Units sold Age
$544,687 $420,000 $830,000 66 26 to 30
$502,678 $400,000 $651,000 57 31 to 35
$580,303 $310,000 $850,000 402 36 to 40
$542,251 $425,000 $655,000 51 41 to 45
$509,357 $460,000 $560,000 14 46 to 50
5 room
Avg $ Min $ Max $ Units sold Age
$694,109 $550,000 $990,000 76 26 to 30
$657,680 $548,000 $785,000 53 31 to 35
$726,207 $490,000 $990,000 117 36 to 40
Executive
Avg $ Min $ Max $ Units sold Age
$976,038 $665,000 $1,150,000 26 26 to 30
$856,827 $700,000 $1,030,000 68 31 to 35
$935,310 $645,000 $1,208,000 84 36 to 40
$841,963 $760,000 $910,888 3 41 to 45

Here's a view of the transactional data collated. For Serangoon, there were a total of 1333 HDB resale transactions in the last 3 years, with the latest one recorded in May 2024.

1451333
Date Resale PSM Type Location Floor Fl. Area Model Built
May 2024 $980,000 $6,667 Executive Blk 535 Serangoon North Avenue 4 Executive / 147 sqm 04 to 06 147 sqm Maisonette 1992
May 2024 $950,888 $6,382 Executive Blk 535 Serangoon North Avenue 4 Executive / 149 sqm 07 to 09 149 sqm Apartment 1992
May 2024 $808,000 $5,572 Executive Blk 138 Serangoon North Avenue 2 Executive / 145 sqm 01 to 03 145 sqm Maisonette 1989
May 2024 $1,180,000 $8,082 Executive Blk 321 Serangoon Avenue 2 Executive / 146 sqm 04 to 06 146 sqm Maisonette 1986
May 2024 $766,000 $6,279 5 Room Blk 141 Serangoon North Avenue 2 5 Room / 122 sqm 04 to 06 122 sqm Improved 1989
May 2024 $535,000 $5,879 4 Room Blk 111 Serangoon North Avenue 1 4 Room / 91 sqm 07 to 09 91 sqm New Generation 1985
May 2024 $835,000 $8,107 4 Room Blk 409 Serangoon Central 4 Room / 103 sqm 07 to 09 103 sqm Model A 1989
May 2024 $570,000 $6,264 4 Room Blk 228 Serangoon Avenue 4 4 Room / 91 sqm 10 to 12 91 sqm New Generation 1984
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
May 2024 $618,000 $6,645 4 Room Blk 309 Serangoon Avenue 2 4 Room / 93 sqm 04 to 06 93 sqm New Generation 1985
May 2024 $718,000 $7,638 4 Room Blk 405 Serangoon Avenue 1 4 Room / 94 sqm 04 to 06 94 sqm New Generation 1989
May 2024 $775,888 $7,389 4 Room Blk 402 Serangoon Avenue 1 4 Room / 105 sqm 01 to 03 105 sqm Model A 1989
May 2024 $400,000 $6,250 3 Room Blk 152 Serangoon North Avenue 1 3 Room / 64 sqm 01 to 03 64 sqm Simplified 1986
May 2024 $390,000 $6,500 3 Room Blk 107 Serangoon North Avenue 1 3 Room / 60 sqm 10 to 12 60 sqm Improved 1984
May 2024 $418,000 $6,239 3 Room Blk 115 Serangoon North Avenue 1 3 Room / 67 sqm 01 to 03 67 sqm New Generation 1985
May 2024 $380,000 $5,672 3 Room Blk 113 Serangoon North Avenue 1 3 Room / 67 sqm 04 to 06 67 sqm New Generation 1985
May 2024 $465,000 $7,154 3 Room Blk 261 Serangoon Central Drive 3 Room / 65 sqm 04 to 06 65 sqm Simplified 1988
May 2024 $420,000 $6,269 3 Room Blk 222 Serangoon Avenue 4 3 Room / 67 sqm 07 to 09 67 sqm New Generation 1985
May 2024 $458,888 $6,849 3 Room Blk 230 Serangoon Avenue 4 3 Room / 67 sqm 07 to 09 67 sqm New Generation 1985
May 2024 $445,000 $6,953 3 Room Blk 241 Serangoon Avenue 3 3 Room / 64 sqm 04 to 06 64 sqm Simplified 1985
May 2024 $410,000 $5,942 3 Room Blk 303 Serangoon Avenue 2 3 Room / 69 sqm 01 to 03 69 sqm Improved 1984
May 2024 $516,000 $6,293 3 Room Blk 301 Serangoon Avenue 2 3 Room / 82 sqm 01 to 03 82 sqm New Generation 1985
May 2024 $398,000 $6,219 3 Room Blk 3 Lorong Lew Lian 3 Room / 64 sqm 04 to 06 64 sqm Improved 1978
May 2024 $400,000 $6,250 3 Room Blk 1 Lorong Lew Lian 3 Room / 64 sqm 13 to 15 64 sqm Improved 1978
May 2024 $286,000 $6,500 2 Room Blk 8 Lorong Lew Lian 2 Room / 44 sqm 10 to 12 44 sqm Improved 1978
Apr 2024 $948,000 $6,449 Executive Blk 520 Serangoon North Avenue 4 Executive / 147 sqm 04 to 06 147 sqm Maisonette 1992
Apr 2024 $935,000 $6,361 Executive Blk 539 Serangoon North Avenue 4 Executive / 147 sqm 04 to 06 147 sqm Maisonette 1992
Apr 2024 $698,000 $5,817 5 Room Blk 511 Serangoon North Avenue 4 5 Room / 120 sqm 04 to 06 120 sqm Improved 1997
Apr 2024 $690,000 $5,750 5 Room Blk 509 Serangoon North Avenue 4 5 Room / 120 sqm 04 to 06 120 sqm Improved 1997
Apr 2024 $623,500 $5,111 5 Room Blk 541 Serangoon North Avenue 4 5 Room / 122 sqm 01 to 03 122 sqm Improved 1992

The chart for the rental transactions trend is shown below, with the overall trend summarised.

Rental transactions trend for Serangoon

Rental volume summary

Type Trend
2 room
3 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
4 room
5 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

We show in this graph the average monthly rental price trend for each of the 2 room, 3 room, 4 room, 5 room and executive units in Serangoon, for the last 3 years.

Average rental price trend for Serangoon

Rental price summary

Type Trend
2 room
3 room
4 room
5 room
Executive

Displayed below are the low-high rental price ranges for each of the flat types in Serangoon. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average rental price is calculated based on all the rental transaction records collated for each flat type for the selected period (last 3 years).

High / low / average rental price range for Serangoon
High / low / average rental summary
Type Max $ Avg $ Min $
2 room $2,600 $1,820 $1,400
3 room $4,400 $2,355 $750
4 room $5,000 $2,868 $1,000
5 room $5,000 $2,993 $1,000
Executive $5,000 $3,208 $1,200

Below are the transactional data collated for Serangoon. There were a total of 1333 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Apr 2024.

1792363
Date Rental Flat Type Location Town
Apr 2024 $2,000 4 Room Blk 143 Serangoon North Avenue 1 4 Room Serangoon
Apr 2024 $4,000 4 Room Blk 419 Serangoon Central 4 Room Serangoon
Apr 2024 $2,400 4 Room Blk 203 Serangoon Central 4 Room Serangoon
Apr 2024 $750 3 Room Blk 151 Serangoon North Avenue 2 3 Room Serangoon
Apr 2024 $3,000 3 Room Blk 207 Serangoon Central 3 Room Serangoon
Apr 2024 $2,800 5 Room Blk 208 Serangoon Central 5 Room Serangoon
Apr 2024 $3,700 4 Room Blk 323 Serangoon Avenue 3 4 Room Serangoon
Apr 2024 $2,500 3 Room Blk 302 Serangoon Avenue 2 3 Room Serangoon
Apr 2024 $3,600 4 Room Blk 258 Serangoon Central Drive 4 Room Serangoon
Apr 2024 $4,000 Executive Blk 418 Serangoon Central Executive Serangoon
Apr 2024 $4,200 5 Room Blk 404 Serangoon Avenue 1 5 Room Serangoon
Apr 2024 $3,800 5 Room Blk 421 Serangoon Central 5 Room Serangoon
Apr 2024 $3,600 4 Room Blk 535A Serangoon North Avenue 4 4 Room Serangoon
Apr 2024 $2,800 4 Room Blk 143 Serangoon North Avenue 1 4 Room Serangoon
Apr 2024 $3,300 4 Room Blk 333 Serangoon Avenue 3 4 Room Serangoon
Apr 2024 $3,300 4 Room Blk 234 Serangoon Avenue 3 4 Room Serangoon
Apr 2024 $3,000 5 Room Blk 540 Serangoon North Avenue 4 5 Room Serangoon
Apr 2024 $3,200 4 Room Blk 325 Serangoon Avenue 3 4 Room Serangoon
Apr 2024 $2,800 3 Room Blk 4 Lorong Lew Lian 3 Room Serangoon
Apr 2024 $3,800 4 Room Blk 217 Serangoon Avenue 4 4 Room Serangoon
Apr 2024 $3,000 4 Room Blk 236 Serangoon Avenue 3 4 Room Serangoon
Apr 2024 $3,580 4 Room Blk 409 Serangoon Central 4 Room Serangoon
Apr 2024 $2,500 4 Room Blk 229 Serangoon Avenue 4 4 Room Serangoon
Apr 2024 $2,000 4 Room Blk 205 Serangoon Central 4 Room Serangoon
Apr 2024 $3,000 3 Room Blk 305 Serangoon Avenue 2 3 Room Serangoon
Apr 2024 $3,700 4 Room Blk 226 Serangoon Avenue 4 4 Room Serangoon
Apr 2024 $2,500 3 Room Blk 1 Lorong Lew Lian 3 Room Serangoon
Apr 2024 $3,500 5 Room Blk 521 Serangoon North Avenue 4 5 Room Serangoon
Apr 2024 $3,800 5 Room Blk 524 Serangoon North Avenue 4 5 Room Serangoon
Apr 2024 $3,200 Executive Blk 318 Serangoon Avenue 2 Executive Serangoon
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