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232A Serangoon Ave 2

HDB Block · in Serangoon, Singapore · 99-year lease · Completed 1997

Data through 1 July 2026

Intro: 232A Serangoon Ave 2 is an HDB block located along Serangoon Avenue 2 within Serangoon with a 99-year lease commencing in 1997. It was completed in 1997 with 90 units in total. So far it has been transacted a total of 76 times.

HDBSerangoon
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs
Annual Returns
Avg annualized profit (past 1y)
4.1%

232A Serangoon Ave 2 project details

Street
Serangoon Avenue 2
Postal Code
551232
Unit Types
Executive
Completion
1997
Total Units
90
Unit Size
1,506 - 1,517 sqft
Lease Remaining
70 yrs

MRT and LRT stations near 232A Serangoon Ave 2

  • Serangoon454 m · MRTCC13NE12
  • Lorong Chuan509 m · MRTCC14
See details on nearby stations

Primary schools near 232A Serangoon Ave 2

  • Yangzheng Primary School615 m
  • Chij Our Lady Of Good Counsel641 m
  • Zhonghua Primary School675 m
See details on nearby schools

232A Serangoon Ave 2 price, PSF and transaction trends

01-09-2002
First Transacted
01-07-2026
Last Transacted
76
Total Transactions

232A Serangoon Ave 2 transaction volume

232A Serangoon Ave 2 transaction volume024682017 · Resale: 320172018 · Resale: 320182019 · Resale: 320192020 · Resale: 220202021 · Resale: 720212022 · Resale: 320222025 · Resale: 120252026 · Resale: 22026
New SaleSub SaleResale

Among the latest 12 recorded sales for 232A Serangoon Ave 2, the median price was S$1,012,500 and the median PSF was S$672 psf. The newest record shown is from 1 July 2026. The annual project median was 46.0% higher in 2026 than in 2017; unit mix can affect year-to-year comparisons.

Recent 232A Serangoon Ave 2 transactions

DateFlat type / storeyPricePSFSize
1 July 2026Executive · 10 To 12S$1,270,000S$843 psf1,506 sqft
1 April 2026Executive · 10 To 12S$1,130,000S$745 psf1,517 sqft
1 June 2025Executive · 01 To 03S$1,000,000S$664 psf1,506 sqft
1 October 2022Executive · 10 To 12S$1,101,000S$731 psf1,506 sqft
1 March 2022Executive · 07 To 09S$935,000S$621 psf1,506 sqft

232A Serangoon Ave 2 median transaction PSF (S$)

232A Serangoon Ave 2 median transaction PSF (S$)02004006008002017 · Median PSF: 54420172018 · Median PSF: 63120182019 · Median PSF: 56720192020 · Median PSF: 56220202021 · Median PSF: 66420212022 · Median PSF: 73120222025 · Median PSF: 66420252026 · Median PSF: 7942026

232A Serangoon Ave 2 annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$1,200,000S$794 psf2
2025S$1,000,000S$664 psf1
2022S$1,101,000S$731 psf3
2021S$1,000,000S$664 psf7
2020S$850,000S$562 psf2
2019S$858,000S$567 psf3
2018S$950,000S$631 psf3
2017S$825,000S$544 psf3
74.0%
% Profitable
45
Profitable
15
Unprofitable

232A Serangoon Ave 2 annualized profit %

232A Serangoon Ave 2 annualized profit %-1.5%0.0%1.5%3.0%4.5%6.0%2017 · Average Annualized Profit: 2.1%20172018 · Average Annualized Profit: 3.0%20182019 · Average Annualized Profit: 4.1%20192020 · Average Annualized Profit: -1.0%20202021 · Average Annualized Profit: 3.0%20212022 · Average Annualized Profit: 4.5%20222025 · Average Annualized Profit: 4.2%20252026 · Average Annualized Profit: 4.1%2026
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Frequently asked questions about 232A Serangoon Ave 2

How much do units at 232A Serangoon Ave 2 cost?

The latest 12 recorded sales show a median price of S$1,012,500 and a median of S$672 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 232A Serangoon Ave 2 freehold or leasehold?

232A Serangoon Ave 2 has a tenure of 99-year lease.

When was 232A Serangoon Ave 2 completed?

232A Serangoon Ave 2 was completed in 1997 and the project has 90 units.

Which MRT or LRT station is nearest to 232A Serangoon Ave 2?

Serangoon is the nearest station shown, at an estimated straight-line distance of 454 metres.

Which primary schools are near 232A Serangoon Ave 2?

The primary schools shown within the page’s one-kilometre search are Yangzheng Primary School (615 m), Chij Our Lady Of Good Counsel (641 m), and Zhonghua Primary School (675 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Resale transaction records are based on HDB resale transaction data published on data.gov.sg. REALSMART calculates block-level medians, chart groupings, profitability indicators and straight-line distances. Data on this page runs through 1 July 2026. Figures are indicative and do not constitute financial advice.

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