HDBOCRSerangoon

Block 238 Serangoon Ave 2

238 Serangoon Ave 2, Singapore 550238

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

Block 238 Serangoon Ave 2 is an HDB block in Serangoon, completed in 1984, with 100 dwelling units. Across 113 resales on record, 4-Room flats have recently resold around S$600k (S$588 psf, 84 sqm). The lease has approximately 58 years remaining.

1

What are the key facts about Block 238 Serangoon Ave 2?

Key Takeaway

Block 238 Serangoon Ave 2 is an HDB block in Serangoon, completed in 1984, with 100 dwelling units.

Town
Serangoon
Planning area
Serangoon
Completed
1984
Storeys
11
Total units
100
Flat model
Simplified · Model A
Market segment
OCR
Median resale
S$600k
Last transacted
Jun 2026
Remaining lease
≈ 58 years
2

What are resale prices at Block 238 Serangoon Ave 2?

Key Takeaway

4-Room flats have recently resold around S$600k (S$588 psf), from 113 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
4-Room113S$600,000recent84 sqmS$588 psf

Live now: 2 flats listed for sale at this block 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 Jun 2026.

3

What rent and yield does Block 238 Serangoon Ave 2 get?

Key Takeaway

Flats at Block 238 Serangoon Ave 2 have recently sublet for a median of S$3,600/mo, an indicative gross rental yield of about 7.2% (from 13 recent rental contracts).

Median rent

S$3,600/mo

13 recent contracts

Gross rental yield

7.2%

indicative, gross

Annual rent

S$43,200

median × 12 months

Flat typeContractsMedian rent
4-Room13S$3,600/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 Mar 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 238 Serangoon Ave 2?

Key Takeaway

Block 238 Serangoon Ave 2 has 113 recorded resales; the most recent transacted at S$712,888 in Jun 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jun 20264-Room07 TO 0984 sqmS$712,888
Nov 20244-Room04 TO 06105 sqmS$745,000
Sept 20244-Room07 TO 0984 sqmS$610,000
May 20244-Room01 TO 0384 sqmS$600,000
Apr 20244-Room04 TO 0684 sqmS$600,000
Feb 20244-Room10 TO 1284 sqmS$658,800
Nov 20224-Room10 TO 1284 sqmS$515,000
Feb 20224-Room04 TO 06105 sqmS$615,000
Nov 20214-Room07 TO 0984 sqmS$532,000
Jun 20214-Room10 TO 1284 sqmS$490,000
Oct 20184-Room10 TO 1284 sqmS$515,000
Mar 20184-Room04 TO 0684 sqmS$475,000
5

What flat types are in Block 238 Serangoon Ave 2?

Key Takeaway

Block 238 Serangoon Ave 2 has 100 units, mostly 4-Room flats of the Simplified / Model A model.

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

4-Room: 100
6

Where is Block 238 Serangoon Ave 2?

Key Takeaway

Block 238 Serangoon Ave 2 is an HDB block in Serangoon.

Block 238 Serangoon Ave 2 is an HDB block located along Serangoon Ave 2. The block is recorded as completed around 1984, with up to 11 storeys. It has an estimated 100 residential units based on the HDB property information dataset. Flat types in the block include 4-room units.

The address is Block 238 Serangoon Ave 2, Singapore 550238. 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 Serangoon MRT, approximately 529m away, around 8 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 238 Serangoon Ave 2 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 238 Serangoon Ave 2 is Serangoon MRT, about 529 m away (~8 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 km458 m
  • Yangzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority547 m
  • Zhonghua Secondary SchoolSecondary schoolwithin 1 km574 m
  • Peicai Secondary SchoolSecondary schoolwithin 1 km673 m
  • Chij Our Lady Of Good CounselPrimary schoolwithin 1 km · P1 priority704 m
  • Zhonghua Primary SchoolPrimary schoolwithin 1 km · P1 priority745 m
  • St. Gabriel's Primary SchoolPrimary schoolwithin 1 km · P1 priority849 m
  • St. Gabriel's Secondary SchoolSecondary school1.1 km

Shops, food & parks

Mall: Nex · 478 mSupermarket: Teo Bobby · 211 mPark: Colchester Grove Interim Os · 413 m

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

8

What does it cost to buy a flat at Block 238 Serangoon Ave 2?

Key Takeaway

Buying a flat at Block 238 Serangoon Ave 2 (~S$600k) needs about S$4,783/mo in income and S$2,253/mo in repayments, after S$12,600 stamp duty and a S$150k downpayment.

Illustrative, for a buyer at the recent median resale price (S$600k) — 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$12,600

BSD, tiered

Downpayment (25%)

S$150k

cash + CPF

Monthly instalment

S$2,253/mo

25y @ 3.5%

Income required

S$4,783/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 238 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 238 Serangoon Ave 2 sold for recently?

Recent sales at Block 238 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 238 Serangoon Ave 2

How much does a 4-Room flat at Block 238 Serangoon Ave 2 cost?

4-Room flats at Block 238 Serangoon Ave 2 have recently resold for a median of about S$600k (S$588 psf), from 113 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

Is Block 238 Serangoon Ave 2 worth buying given its remaining lease?

Block 238 Serangoon Ave 2 has about 58 years left on its 99-year lease (completed 1984). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.

What is the rental yield at Block 238 Serangoon Ave 2?

Gross rental yield at Block 238 Serangoon Ave 2 is about 7.2%, based on a median subletting rent of about S$3,600/mo against a resale price of about S$600k. 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 238 Serangoon Ave 2?

For a flat at about S$600k on a 25-year HDB-style loan, you'd need roughly S$4,783/mo in household income, with repayments around S$2,253/mo after a S$150k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 238 Serangoon Ave 2?

The nearest MRT/LRT station to Block 238 Serangoon Ave 2 is Serangoon MRT, about 529 m away (~8 min walk).

Which primary schools are within 1 km of Block 238 Serangoon Ave 2?

Yangzheng Primary School, Chij Our Lady Of Good Counsel, Zhonghua Primary School, St. Gabriel's Primary School are within 1 km of Block 238 Serangoon Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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