Block 505 Tampines Central 1

4 Room · 5 Room · Built 1989 · 64 years remaining lease MOP Cleared
Latest Sale
$785,000
Sep 2024 · 4 ROOM · #04-06
Median $/sqm
$4,885
Based on 12 transactions
Total Transactions
12
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 64 years remaining 99 years
64 years
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 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
Sep 2024 04 TO 06 4 ROOM 111 sqm $785,000 $7,072
Jan 2024 07 TO 09 4 ROOM 111 sqm $720,000 $6,486
Aug 2023 07 TO 09 4 ROOM 96 sqm $595,000 $6,198
May 2023 04 TO 06 4 ROOM 103 sqm $585,000 $5,680
Dec 2022 01 TO 03 5 ROOM 121 sqm $700,000 $5,785
Dec 2020 01 TO 03 4 ROOM 109 sqm $520,000 $4,771
Oct 2020 04 TO 06 4 ROOM 105 sqm $480,000 $4,571
Jul 2020 01 TO 03 4 ROOM 103 sqm $463,000 $4,495
Jul 2019 07 TO 09 4 ROOM 103 sqm $515,000 $5,000
Jun 2019 01 TO 03 5 ROOM 122 sqm $550,000 $4,508
Apr 2019 04 TO 06 4 ROOM 113 sqm $520,000 $4,602
Mar 2018 04 TO 06 4 ROOM 113 sqm $510,000 $4,513
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 505 Tampines Central 1

Block 505 at Tampines Central 1 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $463,000 to $785,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $785,000 in 2024-09. The current median price per square metre is $4,885. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8894, 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 505 Tampines Central 1 worth?

The most recent resale transaction at Block 505 Tampines Central 1 was $785,000 for a 4 room flat in 2024-09. The median price per square metre across all flat types is $4,885, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 505 Tampines Central 1?

Block 505 Tampines Central 1 was built in 1989 and has approximately 64 years 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 505 Tampines Central 1?

Block 505 Tampines Central 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $463,000 to $785,000 based on historical transaction records from data.gov.sg.

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