HDBOCRSerangoon

Block 232A Serangoon Ave 2

232A Serangoon Ave 2, Singapore 551232

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

Block 232A Serangoon Ave 2 is an HDB block in Serangoon, completed in 1997, with 90 dwelling units. Across 76 resales on record, Executive flats have recently resold around S$1.00M (S$664 psf, 140 sqm). The lease has approximately 71 years remaining.

1

What are the key facts about Block 232A Serangoon Ave 2?

Key Takeaway

Block 232A Serangoon Ave 2 is an HDB block in Serangoon, completed in 1997, with 90 dwelling units.

Town
Serangoon
Planning area
Serangoon
Completed
1997
Storeys
16
Total units
90
Flat model
Apartment
Market segment
OCR
Median resale
S$1.00M
Last transacted
Jul 2026
Remaining lease
≈ 71 years
2

What are resale prices at Block 232A Serangoon Ave 2?

Key Takeaway

Executive flats have recently resold around S$1.00M (S$664 psf), from 76 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
Executive76S$1,000,000recent140 sqmS$664 psf

Live now: 3 flats listed for sale at this block (median asking S$1.28M) search all listings.

“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 Jul 2026.

3

What rent and yield does Block 232A Serangoon Ave 2 get?

Key Takeaway

Flats at Block 232A Serangoon Ave 2 have recently sublet for a median of S$3,300/mo, an indicative gross rental yield of about 4.0% (from 4 recent rental contracts).

Median rent

S$3,300/mo

4 recent contracts

Gross rental yield

4.0%

indicative, gross

Annual rent

S$39,600

median × 12 months

Flat typeContractsMedian rent
Executive4S$3,300/mo

HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Oct 2025. Source: HDB rental (subletting) data.

4

What has recently sold at Block 232A Serangoon Ave 2?

Key Takeaway

Block 232A Serangoon Ave 2 has 76 recorded resales; the most recent transacted at S$1,270,000 in Jul 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jul 2026Executive10 TO 12140 sqmS$1,270,000
Apr 2026Executive10 TO 12141 sqmS$1,130,000
Jun 2025Executive01 TO 03140 sqmS$1,000,000
Oct 2022Executive10 TO 12140 sqmS$1,101,000
Mar 2022Executive07 TO 09140 sqmS$935,000
Jan 2022Executive16 TO 18140 sqmS$1,150,000
Dec 2021Executive07 TO 09140 sqmS$1,000,000
Aug 2021Executive07 TO 09140 sqmS$980,000
Jun 2021Executive10 TO 12140 sqmS$995,000
Jun 2021Executive13 TO 15141 sqmS$1,038,000
Apr 2021Executive16 TO 18140 sqmS$1,025,000
Apr 2021Executive04 TO 06140 sqmS$890,000
5

What flat types are in Block 232A Serangoon Ave 2?

Key Takeaway

Block 232A Serangoon Ave 2 has 90 units, mostly Executive flats of the Apartment model.

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

Executive: 90
6

Where is Block 232A Serangoon Ave 2?

Key Takeaway

Block 232A Serangoon Ave 2 is an HDB block in Serangoon.

Block 232A Serangoon Ave 2 is an HDB block located along Serangoon Ave 2. The block is recorded as completed around 1997, with up to 16 storeys. It has an estimated 90 residential units based on the HDB property information dataset. Flat types in the block include executive units.

The address is Block 232A Serangoon Ave 2, Singapore 551232. 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.

The nearest rail connection is Lorong Chuan MRT, approximately 570m away, around 9 minutes on foot. Nearby amenities include NEX for shopping, Teo Bobby for groceries, Colchester Grove Interim Os for greenery and recreation, and Braddell Heights Community Club for community facilities.

7

How far is Block 232A Serangoon Ave 2 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 232A Serangoon Ave 2 is Lorong Chuan MRT, about 570 m away (~9 min walk). 7 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

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

  • Nanyang Junior CollegeJunior collegewithin 1 km497 m
  • Peicai Secondary SchoolSecondary schoolwithin 1 km607 m
  • Chij Our Lady Of Good CounselPrimary schoolwithin 1 km · P1 priority615 m
  • Yangzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority624 m
  • Zhonghua Secondary SchoolSecondary schoolwithin 1 km658 m
  • Zhonghua Primary SchoolPrimary schoolwithin 1 km · P1 priority675 m
  • St. Gabriel's Primary SchoolPrimary schoolwithin 1 km · P1 priority851 m
  • St. Gabriel's Secondary SchoolSecondary school1.2 km

Shops, food & parks

Mall: Nex · 569 mSupermarket: Teo Bobby · 258 mPark: Colchester Grove Interim Os · 319 m

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

8

What does it cost to buy a flat at Block 232A Serangoon Ave 2?

Key Takeaway

Buying a flat at Block 232A Serangoon Ave 2 (~S$1.00M) needs about S$7,972/mo in income and S$3,755/mo in repayments, after S$24,600 stamp duty and a S$250k downpayment.

Illustrative, for a buyer at the recent median resale price (S$1.00M) — 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$24,600

BSD, tiered

Downpayment (25%)

S$250k

cash + CPF

Monthly instalment

S$3,755/mo

25y @ 3.5%

Income required

S$7,972/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 232A Serangoon 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 232A Serangoon Ave 2 sold for recently?

Recent sales at Block 232A Serangoon Ave 2 land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 232A Serangoon Ave 2

How much does a Executive flat at Block 232A Serangoon Ave 2 cost?

Executive flats at Block 232A Serangoon Ave 2 have recently resold for a median of about S$1.00M (S$664 psf), from 76 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

Is Block 232A Serangoon Ave 2 worth buying given its remaining lease?

Block 232A Serangoon Ave 2 has about 71 years left on its 99-year lease (completed 1997). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.

What is the rental yield at Block 232A Serangoon Ave 2?

Gross rental yield at Block 232A Serangoon Ave 2 is about 4.0%, based on a median subletting rent of about S$3,300/mo against a resale price of about S$1.00M. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.

How much do I need to earn to buy a flat at Block 232A Serangoon Ave 2?

For a flat at about S$1.00M on a 25-year HDB-style loan, you'd need roughly S$7,972/mo in household income, with repayments around S$3,755/mo after a S$250k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 232A Serangoon Ave 2?

The nearest MRT/LRT station to Block 232A Serangoon Ave 2 is Lorong Chuan MRT, about 570 m away (~9 min walk).

Which primary schools are within 1 km of Block 232A Serangoon Ave 2?

Chij Our Lady Of Good Counsel, Yangzheng Primary School, Zhonghua Primary School, St. Gabriel's Primary School are within 1 km of Block 232A Serangoon Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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