242 Serangoon Avenue 3 550242, Serangoon Central, North-east Region, Singapore
$760,000
242 Serangoon Ave 3 4S | 84 sqm | High Floor | Renovated This unit offers a comfortable and thoughtfully renovated living space. The home has been maintained with care, making it a pleasant option for buyers who appreciate a move-in-ready environment that feels clean, bright, and easy to settle into. The interior features a tasteful renovation with light wooden-toned cabinetry that brings warmth to the space while keeping the overall look calm and timeless. The unit has been very well maintained and is in move-in condition. What you’ll appreciate about this home: - Practical 4S layout - Lots of natural light and breeze - More privacy with only 1 direct neighbour - Tasteful renovation with warm light wood cabinetry - Wood-grain tiles in bedrooms for a natural and low-maintenance finish - Renovated kitchen and bathrooms - Very well kept and clean, ready for immediate occupation Located along Serangoon Avenue 3, the block sits within a mature neighbourhood where daily amenities are easily accessible. - Serangoon MRT Interchange (North-East & Circle Line) approximately 1.2 km away - NEX Shopping Mall within walking distance - Serangoon Stadium and Sports Centre roughly 600 m away - Neighbourhood coffee shops, supermarkets and daily conveniences - Easy connectivity to CTE and PIE This home will suit buyers looking for a well-maintained and tastefully renovated unit in a mature Serangoon neighbourhood — a space that feels warm, practical, and comfortable to live in. If this home feels like a good fit, feel free to reach out for more details or to arrange a viewing. I’ll be happy to walk you through the space and see if it suits what you’re looking for.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$551,223
S$610 psf
Asking Price
S$760,000
S$841 psf
vs Market
+37.9%
vs Last Done
+8.7%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Serangoon
544m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$721
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$610
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 242 SERANGOON AVE 3 Floor 04 TO 06 | 904sqft | S$700,000 | ▲S$774 +26.9% vs FV | 99yr from 1986 |
May 2026 | Blk 242 SERANGOON AVE 3 Floor 04 TO 06 | 904sqft | S$700,000 | ▲S$774 +26.9% vs FV | 99yr from 1986 |
Sep 2025 | Blk 242 SERANGOON AVE 3 Floor 04 TO 06 | 904sqft | S$630,000 | ▲S$697 +14.3% vs FV | 99yr from 1986 |
May 2024 | Blk 242 SERANGOON AVE 3 Floor 07 TO 09 | 1,109sqft | S$768,888 | ▲S$694 +13.8% vs FV | 99yr from 1986 |
Blk 242 SERANGOON AVE 3
May 2026 · Floor 04 TO 06
+26.9% vs FV
Blk 242 SERANGOON AVE 3
May 2026 · Floor 04 TO 06
+26.9% vs FV
Blk 242 SERANGOON AVE 3
Sep 2025 · Floor 04 TO 06
+14.3% vs FV
Blk 242 SERANGOON AVE 3
May 2024 · Floor 07 TO 09
+13.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room unit in Serangoon, estimated at $551,223, reflects a significant market signal, indicating an above-market valuation of 37.9% compared to the baseline. This disparity warrants a closer examination, particularly in light of the remaining lease of 58 years, which may influence buyer sentiment and investment potential. In the current landscape of Singapore's real estate market, properties with declining lease tenures can be perceived as less attractive, impacting their long-term valuation trajectory.
Despite the positive valuation, the model confidence remains low, suggesting that the current price may not fully align with intrinsic market dynamics. This valuation is based on three recent HDB resale transactions within the vicinity, which should ideally provide a robust comparative framework. However, the notable increase in value further complicates the analysis, raising questions about speculative buying activity or unique property features that may have driven prices higher. Buyers and investors should conduct thorough due diligence, considering not only the financial metrics but also the evolving demands of the HDB market and the implications of lease duration on future resale opportunities.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.