HDBOCRSerangoon

Block 138 Serangoon Nth Ave 2

138 Serangoon Nth Ave 2, Singapore 550138

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2025 (HDB)
Quick Summary

Block 138 Serangoon Nth Ave 2 is an HDB block in Serangoon, completed in 1988, with 22 dwelling units. Across 31 resales on record, Executive flats have recently resold around S$515k (S$330 psf, 145 sqm). The lease has approximately 63 years remaining.

1

What are the key facts about Block 138 Serangoon Nth Ave 2?

Key Takeaway

Block 138 Serangoon Nth Ave 2 is an HDB block in Serangoon, completed in 1988, with 22 dwelling units.

Town
Serangoon
Planning area
Serangoon
Completed
1988
Storeys
4
Total units
22
Flat model
Maisonette
Market segment
OCR
Median resale
S$515k
Last transacted
Aug 2025
Remaining lease
≈ 63 years
2

What are resale prices at Block 138 Serangoon Nth Ave 2?

Key Takeaway

Executive flats have recently resold around S$515k (S$330 psf), from 31 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
Executive31S$515,000recent146 sqmS$330 psf

“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Aug 2025.

3

What has recently sold at Block 138 Serangoon Nth Ave 2?

Key Takeaway

Block 138 Serangoon Nth Ave 2 has 31 recorded resales; the most recent transacted at S$985,000 in Aug 2025 (HDB caveat data).

DateFlat typeStoreySizePrice
Aug 2025Executive01 TO 03146 sqmS$985,000
May 2024Executive01 TO 03145 sqmS$808,000
Aug 2017Executive01 TO 03146 sqmS$655,000
Apr 2015Executive01 TO 03145 sqmS$660,000
May 2013Executive01 TO 03145 sqmS$650,000
Oct 2010Executive01 TO 03146 sqmS$520,000
Apr 2007Executive01 TO 03146 sqmS$320,000
Jul 2003Executive01 TO 03146 sqmS$390,000
Jan 2003Executive01 TO 03145 sqmS$352,000
Sept 2001Executive01 TO 03146 sqmS$376,000
Jan 2000Executive01 TO 03145 sqmS$506,000
Dec 1999Executive01 TO 03145 sqmS$515,000
4

What flat types are in Block 138 Serangoon Nth Ave 2?

Key Takeaway

Block 138 Serangoon Nth Ave 2 has 22 units, mostly Executive flats of the Maisonette model.

Unit stock by flat type, from the HDB property information dataset.

Executive: 22
5

Where is Block 138 Serangoon Nth Ave 2?

Key Takeaway

Block 138 Serangoon Nth Ave 2 is an HDB block in Serangoon.

Block 138 Serangoon Nth Ave 2 is an HDB block located along Serangoon Nth Ave 2. The block is recorded as completed around 1988, with up to 4 storeys. It has an estimated 22 residential units based on the HDB property information dataset. Flat types in the block include executive units.

The address is Block 138 Serangoon Nth Ave 2, Singapore 550138. It is part of District 19, Serangoon Garden / Hougang / Punggol, the Serangoon planning area. The block falls within the North-East Region and the OCR market segment.

Nearby amenities include Hougang 1 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Parry Rd Pg for greenery and recreation, and The Serangoon Community Club for community facilities.

6

How far is Block 138 Serangoon Nth Ave 2 from MRT and schools?

Key Takeaway

5 schools are within 1 km, including 2 primary schools.

Schools nearby

Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Bowen Secondary SchoolSecondary schoolwithin 1 km334 m
  • Rosyth SchoolPrimary schoolwithin 1 km · P1 priority522 m
  • Serangoon Garden Secondary SchoolSecondary schoolwithin 1 km709 m
  • Xinmin Primary SchoolPrimary schoolwithin 1 km · P1 priority908 m
  • Xinmin Secondary SchoolSecondary schoolwithin 1 km963 m
  • Zhonghua Primary SchoolPrimary school1.1 km
  • Peicai Secondary SchoolSecondary school1.1 km
  • Hougang Primary SchoolPrimary school1.2 km

Shops, food & parks

Mall: Hougang 1 · 940 mSupermarket: NTUC Fairprice Co-operative Ltd · 330 mPark: Parry Rd Pg · 327 m

Straight-line distances from the block. Source: PropKaki amenities data.

7

What does it cost to buy a flat at Block 138 Serangoon Nth Ave 2?

Key Takeaway

Buying a flat at Block 138 Serangoon Nth Ave 2 (~S$515k) needs about S$4,105/mo in income and S$1,934/mo in repayments, after S$10,050 stamp duty and a S$129k downpayment.

Illustrative, for a buyer at the recent median resale price (S$515k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$10,050

BSD, tiered

Downpayment (25%)

S$129k

cash + CPF

Monthly instalment

S$1,934/mo

25y @ 3.5%

Income required

S$4,105/mo

MSR/TDSR @ stress rate

First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.

Wondering whether it will hold its value? See do HDB flats actually make money? →

Keep going in the PropKaki app

Eyeing Block 138 Serangoon Nth Ave 2? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 138 Serangoon Nth Ave 2 sold for recently?

Recent sales at Block 138 Serangoon Nth Ave 2 land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
8

Frequently asked questions about Block 138 Serangoon Nth Ave 2

How much does a Executive flat at Block 138 Serangoon Nth Ave 2 cost?

Executive flats at Block 138 Serangoon Nth Ave 2 have recently resold for a median of about S$515k (S$330 psf), from 31 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

Is Block 138 Serangoon Nth Ave 2 worth buying given its remaining lease?

Block 138 Serangoon Nth Ave 2 has about 63 years left on its 99-year lease (completed 1988). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.

How much do I need to earn to buy a flat at Block 138 Serangoon Nth Ave 2?

For a flat at about S$515k on a 25-year HDB-style loan, you'd need roughly S$4,105/mo in household income, with repayments around S$1,934/mo after a S$129k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

Which primary schools are within 1 km of Block 138 Serangoon Nth Ave 2?

Rosyth School, Xinmin Primary School are within 1 km of Block 138 Serangoon Nth Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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