Block 240 Serangoon Ave 2
240 Serangoon Ave 2, Singapore 550240
Block 240 Serangoon Ave 2 is an HDB block in Serangoon, completed in 1984, with 88 dwelling units. 4-Room flats have recently resold around S$622k (90 sqm), from 100 resales on record. The lease has approximately 59 years remaining.
What are the key facts about Block 240 Serangoon Ave 2?
Block 240 Serangoon Ave 2 is an HDB block in Serangoon, completed in 1984, with 88 dwelling units.
- Town
- Serangoon
- Planning area
- Serangoon
- Completed
- 1984
- Storeys
- 12
- Total units
- 88
- Market segment
- OCR
- Median resale
- S$622k
- Last transacted
- Jan 2026
- Remaining lease
- ≈ 59 years
What are resale prices at Block 240 Serangoon Ave 2?
4-Room flats have recently resold around S$622k (S$642 psf), from 100 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 100 | S$622,000recent | 84 sqm | S$642 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 Jan 2026.
What has recently sold at Block 240 Serangoon Ave 2?
Block 240 Serangoon Ave 2 has 100 recorded resales; the most recent transacted at S$696,000 in Jan 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jan 2026 | 4-Room | 07 TO 09 | 84 sqm | S$696,000 |
| Oct 2025 | 4-Room | 07 TO 09 | 90 sqm | S$720,000 |
| Sept 2025 | 4-Room | 10 TO 12 | 105 sqm | S$850,000 |
| Jul 2024 | 4-Room | 07 TO 09 | 90 sqm | S$645,000 |
| Jul 2023 | 4-Room | 10 TO 12 | 104 sqm | S$770,000 |
| Mar 2023 | 4-Room | 10 TO 12 | 105 sqm | S$768,000 |
| Dec 2022 | 4-Room | 07 TO 09 | 90 sqm | S$622,000 |
| Nov 2021 | 4-Room | 04 TO 06 | 84 sqm | S$488,000 |
| Jun 2021 | 4-Room | 10 TO 12 | 84 sqm | S$505,000 |
| Dec 2019 | 4-Room | 07 TO 09 | 90 sqm | S$520,000 |
| Feb 2018 | 4-Room | 07 TO 09 | 105 sqm | S$615,000 |
| Apr 2017 | 4-Room | 07 TO 09 | 84 sqm | S$500,000 |
What flat types are in Block 240 Serangoon Ave 2?
Block 240 Serangoon Ave 2 has 88 units, mostly 4-Room flats.
Unit stock by flat type, from the HDB property information dataset.
How far is Block 240 Serangoon Ave 2 from MRT and schools?
The nearest MRT/LRT to Block 240 Serangoon Ave 2 is Serangoon MRT, about 473 m away (~7 min walk). 7 schools are within 1 km, including 4 primary schools.
Getting around
- Serangoon MRT473 m · ~7 min
- Lorong Chuan MRT612 m · ~10 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Nanyang Junior CollegeJunior collegewithin 1 km461 m
- Yangzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority519 m
- Zhonghua Secondary SchoolSecondary schoolwithin 1 km537 m
- Peicai Secondary SchoolSecondary schoolwithin 1 km701 m
- Chij Our Lady Of Good CounselPrimary schoolwithin 1 km · P1 priority760 m
- Zhonghua Primary SchoolPrimary schoolwithin 1 km · P1 priority776 m
- St. Gabriel's Primary SchoolPrimary schoolwithin 1 km · P1 priority869 m
- St. Gabriel's Secondary SchoolSecondary school1.1 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 240 Serangoon Ave 2?
Buying a flat at Block 240 Serangoon Ave 2 (~S$622k) needs about S$4,958/mo in income and S$2,335/mo in repayments, after S$13,260 stamp duty and a S$156k downpayment.
Illustrative, for a buyer at the recent median resale price (S$622k) — 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$13,260
BSD, tiered
Downpayment (25%)
S$156k
cash + CPF
Monthly instalment
S$2,335/mo
25y @ 3.5%
Income required
S$4,958/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.
Frequently asked questions about Block 240 Serangoon Ave 2
What is the resale price at Block 240 Serangoon Ave 2?⌄
4-Room flats at Block 240 Serangoon Ave 2 have recently resold around S$622k (90 sqm), based on HDB resale caveats. Resale prices vary by flat type, floor and remaining lease.
How many years are left on the lease at Block 240 Serangoon Ave 2?⌄
Block 240 Serangoon Ave 2 has approximately 59 years left on its 99-year lease (completed 1984). This figure is taken from the most recent transacted flat.
How many units are in Block 240 Serangoon Ave 2?⌄
Block 240 Serangoon Ave 2 has 88 dwelling units across up to 12 storeys, mostly 4 room flats.
What is the nearest MRT to Block 240 Serangoon Ave 2?⌄
The nearest MRT/LRT station to Block 240 Serangoon Ave 2 is Serangoon MRT, about 473 m away (~7 min walk).
Which primary schools are within 1 km of Block 240 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 240 Serangoon Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
Is Block 240 Serangoon Ave 2 a good place to buy an HDB resale flat?⌄
Block 240 Serangoon Ave 2 sits in Serangoon, in the Serangoon planning area. Whether it suits you depends on your budget, the flat type, the remaining lease (≈59 years) and proximity to MRT and schools — all of which are summarised on this page from HDB resale data.
