240 Serangoon Avenue 2 - 3 Units for Sale

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240 Serangoon Avenue 2 – PropertyGuru Market Pulse Insights

Recent search data shows the development continuing to attract browsing attention in the Hougang / Punggol / Sengkang area, according to PropertyGuru search trends over the past month. This project remains a visible option for property seekers exploring the broader residential landscape in this part of Singapore.

Popular preferences: Balcony, Corner Unit, Tennis Court, Gym, Renovated, Maidsroom, Bathtub

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 865K
  • Avg PSF: S$ 766 psf (37.32% lower compared to Hougang / Punggol / Sengkang average of S$ 1,222 psf)
  • Available Units: 3

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the primary focus for those reviewing current inventory. With only three units available, the limited stock suggests a concentrated supply that may appeal to buyers looking for specific HDB layouts in this district. The development is currently priced at a significant discount relative to the Hougang / Punggol / Sengkang average, offering a distinct value proposition. This competitive pricing structure likely supports steady interest from budget-conscious seekers prioritizing space and established amenities.

Location & Lifestyle Highlights — 240 Serangoon Avenue 2 660m (8 mins) to LORONG CHUAN MRT STATION — Direct access to the Circle Line makes it easy to reach business hubs like Paya Lebar and One-North or connect to the rest of the island. This address at 240 Serangoon Avenue 2 offers a practical and efficient living environment right in the heart of a mature residential estate. It is a great spot for those who value a straightforward daily routine with everything from schools to supermarkets just a short walk away. Nearby hotspots: MRT Stations:

• SERANGOON MRT STATION (876m, 10-11 mins) — This major interchange connects you to both the North-East and Circle Lines, providing a quick route to the city center and Orchard Road.

Bus Stops (42 within 1 km):

• BLK 238 (197m, 2-3 mins) — Conveniently located just around the corner for quick trips around the Serangoon area.
• BLK 319 (237m, 2-3 mins) — Offers additional bus services for a smooth daily commute to nearby transport hubs.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ BRADDELL HEIGHTS BLK 246 (CC) (142m, 1-2 mins) — An ideal childcare option for parents looking for quality early education right at their doorstep.
• ZHINGHUA SECONDARY SCHOOL (685m, 8-9 mins) — A reputable local school within easy walking distance for students in the neighborhood.
• YANGZHENG PRIMARY SCHOOL (697m, 8-9 mins) — Provides a solid primary education foundation very close to home for young families.

Healthcare & Wellness:

• GARDEN CLINIC (234m, 2-3 mins) — A handy medical clinic nearby for general health consultations and family wellness needs.
• GUARDIAN (702m, 8-9 mins) — Easy access to pharmacy services and personal care essentials for the household.

Shopping & Retail:

• FAIRPRICE (362m, 4-5 mins) — Perfect for the daily grocery run with a wide selection of fresh produce and household items.
• NEX (544m, 6-7 mins) — One of the largest suburban malls in Singapore, offering extensive retail, library services, and lifestyle options.
• ISETAN SERANGOON CENTRAL - NEX MALL (544m, 6-7 mins) — Provides a premium department store shopping experience for fashion and home goods.

Dining & Food:

• ASSAFEERA RESTAURANT (218m, 2-3 mins) — A great local dining spot nearby for a quick and tasty meal any time of the day.
• MCDONALDS (319m, 3-4 mins) — A familiar and convenient choice for a fast meal or a late-night snack just down the road.
• NAN YANG DAO MALAYSIAN FOOD (534m, 6-7 mins) — Offers a variety of popular regional flavors for those who enjoy dining out in the Serangoon Central area.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

240 Serangoon Avenue 2 demonstrates a profile of significant capital appreciation and high rental efficiency within the Serangoon area.

• PSF Appreciation: S$684 → S$770 over recent years (+12.57%) from 2023 - 2026.
• Expected Rental Yield: At 5.58%, this reflects a strong return for investors.
• Transactions: 4 rental transactions in the last 6 months and 1 sale transactions in the last 12 months, showing modest rental and limited sale activity.
• PG Pulse Insight: With a strong rental yield of 5.58% and double-digit PSF growth, 240 Serangoon Avenue 2 offers a compelling investment case despite limited transaction volume.

Published date: May 25, 2026