Skip to content

Block 248 Tampines Street 21

4 Room · Built 1984 · 57 years remaining lease · Updated Feb 2026 MOP Cleared

Block 248 Tampines Street 21 has 17 recorded HDB resale transactions since 2017. Latest sale: $648,000 (Feb 2026, 4 room, floors 10–12). Median $5,495/sqm. Prices up 37.6% over the past five years. Built 1984, 57 years lease remaining.

Latest Sale
$648,000
Feb 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$5,495
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +37.6%
Median price change
Median Price ?
Top 64%
#510 / 791 Top 64%
Latest Sale ?
Top 58%
#455 / 791 Top 58%
Value ($/sqm) ?
Top 23%
#181 / 791 Top 23%
5-Year Growth ?
Top 42%
#241 / 569 Top 42%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.6%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +37.6% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 57 years remaining 99 years
57 years 11 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.55%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,700 typically $3,700–$3,700 6.9% 5 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 6 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
6 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 248 Tampines Street 21 in Tampines, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Tampines
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 10 TO 12 4 ROOM 91 sqm $648,000 $7,121
May 2025 04 TO 06 4 ROOM 91 sqm $665,000 $7,308
Oct 2024 07 TO 09 4 ROOM 91 sqm $620,000 $6,813
May 2024 01 TO 03 4 ROOM 91 sqm $540,000 $5,934
Nov 2022 10 TO 12 4 ROOM 91 sqm $585,000 $6,429
Oct 2022 04 TO 06 4 ROOM 91 sqm $515,000 $5,659
May 2022 10 TO 12 4 ROOM 91 sqm $508,000 $5,582
Apr 2022 10 TO 12 4 ROOM 91 sqm $512,000 $5,626
Jan 2022 04 TO 06 4 ROOM 91 sqm $475,000 $5,220
Oct 2021 07 TO 09 4 ROOM 91 sqm $477,000 $5,242
Sep 2020 01 TO 03 4 ROOM 91 sqm $410,000 $4,505
Aug 2020 07 TO 09 4 ROOM 92 sqm $420,000 $4,565
Feb 2020 01 TO 03 4 ROOM 92 sqm $400,000 $4,348
Jul 2019 01 TO 03 4 ROOM 91 sqm $420,000 $4,615
Jun 2019 07 TO 09 4 ROOM 91 sqm $462,000 $5,077
Apr 2018 04 TO 06 4 ROOM 91 sqm $474,000 $5,209
May 2017 10 TO 12 4 ROOM 91 sqm $500,000 $5,495
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 248 Tampines Street 21

Block 248 Tampines Street 21 in Tampines dates to 1984 and now has roughly 57 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 8% below the Tampines median, cheaper than about 64% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 4 room flats priced from $400,000 to $665,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $648,000 in Feb 2026, and the median works out to $5,495/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 23% above the 01 TO 03 band. Over five years, prices here are up about 37.6%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 248 Tampines Street 21 worth?

The most recent resale transaction at Block 248 Tampines Street 21 was $648,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $5,495, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 248 Tampines Street 21?

Block 248 Tampines Street 21 was built in 1984 and has approximately 57 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 248 Tampines Street 21?

Block 248 Tampines Street 21 in Tampines contains 4 room flats. Resale prices range from $400,000 to $665,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 248 Tampines Street 21 gone up or down?

Resale prices at Block 248 Tampines Street 21 have increased by approximately 37.6% over the past five years. The current median price is $500,000, with the most recent sale at $648,000 in 2026-02.

Link copied to clipboard