Block 494B Tampines Avenue 9

5 Room · Built 1993 · 68 years remaining lease MOP Cleared
Latest Sale
$650,000
Oct 2023 · 5 ROOM · #01-03
Median $/sqm
$4,194
Based on 18 transactions
Total Transactions
18
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 68 years remaining 99 years
68 years 10 months
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.36%/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
Oct 2023 01 TO 03 5 ROOM 124 sqm $650,000 $5,242
Apr 2023 10 TO 12 5 ROOM 124 sqm $718,000 $5,790
Dec 2022 10 TO 12 5 ROOM 124 sqm $635,000 $5,121
Sep 2022 10 TO 12 5 ROOM 124 sqm $615,888 $4,967
May 2022 04 TO 06 5 ROOM 124 sqm $568,000 $4,581
Aug 2021 04 TO 06 5 ROOM 120 sqm $538,000 $4,483
Aug 2021 10 TO 12 5 ROOM 120 sqm $550,000 $4,583
Jun 2021 07 TO 09 5 ROOM 128 sqm $520,000 $4,063
Jun 2021 01 TO 03 5 ROOM 124 sqm $520,000 $4,194
Mar 2021 07 TO 09 5 ROOM 120 sqm $500,000 $4,167
Jan 2021 01 TO 03 5 ROOM 124 sqm $480,000 $3,871
Dec 2020 13 TO 15 5 ROOM 124 sqm $520,000 $4,194
Aug 2020 04 TO 06 5 ROOM 120 sqm $488,000 $4,067
Aug 2020 07 TO 09 5 ROOM 124 sqm $490,000 $3,952
Aug 2020 04 TO 06 5 ROOM 123 sqm $520,000 $4,228
Jul 2020 07 TO 09 5 ROOM 124 sqm $484,000 $3,903
Jun 2017 07 TO 09 5 ROOM 120 sqm $460,000 $3,833
Feb 2017 10 TO 12 5 ROOM 124 sqm $488,000 $3,935
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 494B Tampines Avenue 9

Block 494B at Tampines Avenue 9 is a residential HDB block in Tampines, Singapore, built in 1993 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $460,000 to $718,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $650,000 in 2023-10. The current median price per square metre is $4,194. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9063, with an annual lease decay rate of approximately 0.36%. 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 494B Tampines Avenue 9 worth?

The most recent resale transaction at Block 494B Tampines Avenue 9 was $650,000 for a 5 room flat in 2023-10. The median price per square metre across all flat types is $4,194, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 494B Tampines Avenue 9?

Block 494B Tampines Avenue 9 was built in 1993 and has approximately 68 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.36%, meaning the leasehold value decreases by approximately 0.36% per year at the current remaining lease.

What flat types are available at Block 494B Tampines Avenue 9?

Block 494B Tampines Avenue 9 in Tampines contains 5 room flats. Resale prices range from $460,000 to $718,000 based on historical transaction records from data.gov.sg.

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