240 Serangoon Avenue 2 - 2 Units for Rent

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240 Serangoon Avenue 2 – PropertyGuru Market Pulse Insights

The project retains a presence in recent search activity for the local market, according to PropertyGuru search trends over the past month show. Within the Hougang / Punggol / Sengkang market, the property remains a relevant option for rental seekers looking for established residential choices.

Popular preferences: Gym, Tennis Court, Balcony, Air-Conditioning, Terrace, Private Pool, Renovated, Bathtub, Corner Unit

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 1K
  • Avg PSF: S$ 8 psf (8.08% lower compared to Hougang / Punggol / Sengkang average of S$ 9 psf)
  • Available Units: 2

Key Takeaway: Recent market data highlights a clear, pronounced rental preference for the Room Rental configurations which serve as the primary focus for active interest. With only 2 listings available, this limited inventory profile aligns with a competitive pricing strategy that sits below the broader district average. The development offers a value-oriented entry point into the area, likely sustaining steady attention from budget-conscious renters. Selective market support is expected to continue for these units given the high-demand, low-supply dynamic observed in the current data.

Location & Lifestyle Highlights — 240 Serangoon Avenue 2 660m (8 mins) to LORONG CHUAN MRT STATION — This station provides a quick link to the Circle Line, making it very easy to reach the city center or the high-tech hubs in the west. Living at 240 Serangoon Avenue 2 puts you right in the heart of a mature neighborhood where everything you need for a modern, efficient lifestyle is just a short walk away. The location perfectly balances quiet residential living with the vibrant energy and massive retail options found at the nearby Serangoon Central hub. Nearby hotspots: MRT Stations:

• SERANGOON MRT STATION (876m, 10-11 mins) — A major interchange connecting the North-East and Circle Lines for efficient travel across the island.

Bus Stops (42 within 1 km):

• BLK 238 (197m, 2-3 mins) — Conveniently located stop offering several bus services for quick trips around the Serangoon area.
• BLK 319 (237m, 2-3 mins) — Handy roadside access for residents to connect to the wider public transport network.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ BRADDELL HEIGHTS BLK 246 (CC) (142m, 1-2 mins) — Reliable early childhood education located just a stone's throw from home for young families.
• ZHINGHUA SECONDARY SCHOOL (685m, 8-9 mins) — A reputable local secondary school within easy walking distance for students.
• YANGZHENG PRIMARY SCHOOL (697m, 8-9 mins) — Well-regarded primary education nearby, making the morning school run much simpler for parents.

Healthcare & Wellness:

• GARDEN CLINIC (234m, 2-3 mins) — Immediate access to general medical services for the family's daily health needs.
• GUARDIAN (702m, 8-9 mins) — Trusted pharmacy for healthcare essentials and wellness products located nearby.
• ONEDOCTORS (874m, 10-11 mins) — Professional medical consultation available within a short walk or quick drive.

Shopping & Retail:

• FAIRPRICE (362m, 4-5 mins) — Your go-to spot for fresh groceries and household supplies just a few minutes away.
• NEX (544m, 6-7 mins) — One of the largest suburban malls in Singapore, offering a massive variety of retail brands and services.
• ISETAN SERANGOON CENTRAL - NEX MALL (544m, 6-7 mins) — Premium department store shopping for quality fashion, beauty, and home products.

Dining & Food:

• ASSAFEERA RESTAURANT (218m, 2-3 mins) — A local dining option perfect for a quick and tasty meal close to home.
• MCDONALDS (319m, 3-4 mins) — Familiar fast-food choice for a convenient treat or late-night snack.
• NAN YANG DAO MALAYSIAN FOOD (534m, 6-7 mins) — Popular spot for authentic regional flavors and a variety of culinary delights.

Highly attractive for: Young Families, Urban Professionals, Savvy Investors

Market & Rental Insights

240 Serangoon Avenue 2 demonstrates a stable rental market with positive growth in specific unit configurations.

• Median Rental Appreciation: 3-bedroom units saw rents rise from S$3,300 → S$3,425 (3.79%) over the last one year.
• Transactions:4 rental transactions in the last 6 months showing modest rental activity.
• PG Pulse Insight: Rental activity remains modest while 3-bedroom units have achieved a rental appreciation of 3.79%, reaching a median rent of S$3,425.

Published date: September 16, 2026