242 Serangoon Avenue 3 - 1 Units for Rent

There are 2 properties for rent at 242 Serangoon Avenue 3. You can use our elegant Property Search Tool to find the right HDB Flat, Condominium, Apartment, Executive Condominium, Terraced House, Detached House, Semi-Detached House and Bungalow House that is currently for rent. The options in our database are limitless. Our Property Evaluation Tool makes the market transparent for you, so that you can make a confident decision to rent your Property in Singapore. Start your Property Search above, or refine your search using these most popular searches on Property for rent.

242 Serangoon Avenue 3 – PropertyGuru Market Pulse Insights

Recent search data shows the project remains relevant to active rental seekers in the Hougang / Punggol / Sengkang area, according to PropertyGuru's 30-day search trends. This property continues to draw rental interest in the local market by offering a range of HDB flat options for those looking to stay in this established residential zone.

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 999
  • Avg PSF: S$ 3 psf (65.28% lower compared to Hougang / Punggol / Sengkang average of S$ 8 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 4K
  • Avg PSF: S$ 3 psf (31.39% lower compared to Hougang / Punggol / Sengkang average of S$ 4 psf)
  • Available Units: 1

Key Takeaway: Recent market demand indicators point toward a steady interest in both individual room rentals and larger 3-bedroom configurations within the development. With both available unit types priced significantly lower than the broader Hougang / Punggol / Sengkang district averages, the property presents a highly competitive value proposition for budget-conscious tenants. The limited inventory across these segments suggests that the current attractive pricing may lead to quick absorption by the market. Such a high-value, low-supply dynamic typically supports consistent interest from seekers prioritizing affordability in a well-connected location.

Location & Lifestyle Highlights — 242 Serangoon Avenue 3

680m (8 mins) to LORONG CHUAN MRT STATION — This station on the Circle Line provides a direct link to major hubs like Bishan, Paya Lebar, and the city center for a smooth daily commute.

Living at 242 Serangoon Avenue 3 puts you in a modern, highly efficient setting where everything you need for a productive lifestyle is just a short walk away. It is a practical choice for those who value a well-connected home base in a vibrant, established neighborhood.

Nearby hotspots:

MRT Stations:

• SERANGOON MRT STATION (744m, 8-9 mins) — This major interchange connects you to both the North-East and Circle Lines, making it very easy to travel across Singapore.

Bus Stops (49 within 1 km):

• BLK 238 (220m, 2-3 mins) — Convenient bus services right nearby for quick trips around the Serangoon area.
• BLK 319 (260m, 3-4 mins) — Additional bus options that help you reach nearby amenities without needing a car.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ BRADDELL HEIGHTS BLK 246 (CC) (97m, 1-2 mins) — An extremely close childcare option that makes the morning school run effortless for parents.
• ZHINGHUA SECONDARY SCHOOL (553m, 6-7 mins) — A reputable secondary school within easy walking distance for older children.
• YANGZHENG PRIMARY SCHOOL (565m, 6-7 mins) — A well-regarded primary school located nearby, offering great convenience for young families.

Healthcare & Wellness:

• GARDEN CLINIC (257m, 3-4 mins) — Quick access to medical consultations and healthcare services just a few minutes away.
• GUARDIAN (570m, 6-7 mins) — A handy pharmacy nearby for all your daily health and wellness essentials.
• ONEDOCTORS (742m, 8-9 mins) — Reliable medical care available within a short walk for peace of mind.

Shopping & Retail:

• FAIRPRICE (325m, 3-4 mins) — Getting your daily groceries is simple and fast with this supermarket just down the road.
• NEX (412m, 4-5 mins) — One of the largest suburban malls in Singapore is nearby, offering a huge range of retail, services, and a library.
• ISETAN SERANGOON CENTRAL - NEX MALL (411m, 4-5 mins) — Quality department store shopping is available within the nearby NEX mall for your lifestyle needs.

Dining & Food:

• ASSAFEERA RESTAURANT (241m, 2-3 mins) — A very close dining spot for a quick and tasty meal any day of the week.
• MCDONALDS (282m, 3-4 mins) — A familiar and convenient fast-food option for a quick bite or late-night snack.
• NAN YANG DAO MALAYSIAN FOOD (402m, 4-5 mins) — Enjoy a variety of popular Malaysian dishes just a short stroll from your doorstep.

Convenience Stores:

• 7-ELEVEN (362m, 4-5 mins) — Perfect for grabbing snacks or essential items at any time of the day.

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

Market & Rental Insights

242 Serangoon Avenue 3 demonstrates a positive rental growth trajectory with a focus on larger unit configurations.

• Median Rental Appreciation: 3-bedroom units saw rents rise from S$3,500 to S$4,050 (15.71%) over the last one year.
• Transactions: 1 rental transaction in the last 6 months, showing modest rental activity.
• PG Pulse Insight: Rental growth for 3-bedroom units is significant at 15.71%, though overall rental activity remains limited.

Published date: June 16, 2026