Block 940 Tampines Avenue 5

Executive · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$990,000
Dec 2024 · EXECUTIVE · #07-09
Median $/sqm
$5,740
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
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Insufficient data
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 63 years remaining 99 years
63 years 6 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2024 07 TO 09 EXECUTIVE 145 sqm $990,000 $6,828
Dec 2024 04 TO 06 EXECUTIVE 146 sqm $1,100,000 $7,534
Sep 2024 04 TO 06 EXECUTIVE 146 sqm $960,288 $6,577
Jun 2024 01 TO 03 EXECUTIVE 146 sqm $960,000 $6,575
Oct 2023 07 TO 09 EXECUTIVE 142 sqm $925,000 $6,514
Sep 2023 04 TO 06 EXECUTIVE 146 sqm $918,000 $6,288
Jun 2023 07 TO 09 EXECUTIVE 146 sqm $900,000 $6,164
Sep 2022 07 TO 09 EXECUTIVE 146 sqm $925,000 $6,336
Aug 2022 01 TO 03 EXECUTIVE 146 sqm $860,000 $5,890
Jul 2022 07 TO 09 EXECUTIVE 142 sqm $835,000 $5,880
Jun 2022 01 TO 03 EXECUTIVE 146 sqm $856,888 $5,869
Apr 2022 04 TO 06 EXECUTIVE 146 sqm $848,000 $5,808
Jan 2022 01 TO 03 EXECUTIVE 146 sqm $802,000 $5,493
Oct 2021 04 TO 06 EXECUTIVE 146 sqm $838,000 $5,740
Apr 2021 07 TO 09 EXECUTIVE 142 sqm $745,000 $5,246
Dec 2020 01 TO 03 EXECUTIVE 146 sqm $700,000 $4,795
Aug 2020 01 TO 03 EXECUTIVE 142 sqm $680,000 $4,789
Aug 2020 04 TO 06 EXECUTIVE 146 sqm $700,000 $4,795
Jun 2020 04 TO 06 EXECUTIVE 146 sqm $675,000 $4,623
Jan 2020 01 TO 03 EXECUTIVE 146 sqm $695,000 $4,760
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 940 Tampines Avenue 5

Block 940 at Tampines Avenue 5 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $675,000 to $1,100,000 based on 25 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $990,000 in 2024-12. The current median price per square metre is $5,740. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8875, with an annual lease decay rate of approximately 0.44%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 940 Tampines Avenue 5 worth?

The most recent resale transaction at Block 940 Tampines Avenue 5 was $990,000 for a executive flat in 2024-12. The median price per square metre across all flat types is $5,740, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 940 Tampines Avenue 5?

Block 940 Tampines Avenue 5 was built in 1989 and has approximately 63 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 940 Tampines Avenue 5?

Block 940 Tampines Avenue 5 in Tampines contains executive flats. Resale prices range from $675,000 to $1,100,000 based on historical transaction records from data.gov.sg.

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