Skip to content

Block 229 Tampines Street 23

4 Room · 5 Room · Built 1985 · 58 years remaining lease · Updated Jun 2026 MOP Cleared

Block 229 Tampines Street 23 has 34 recorded HDB resale transactions since 2017. Latest sale: $742,000 (Jun 2026, 5 room, floors 07–09). Median $5,033/sqm. Prices up 25.3% over the past five years. Built 1985, 58 years lease remaining.

How this block compares

  • 5 Room$742,000
    −9.5%vs town(−$78k)+0.3%vs national(+$2k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$742,000
Jun 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$5,033
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +25.3%
Median price change
Median Price ?
Top 28%
#222 / 791 Top 28%
Latest Sale ?
Top 35%
#279 / 791 Top 35%
Value ($/sqm) ?
Top 45%
#358 / 791 Top 45%
5-Year Growth ?
Top 89%
#509 / 569 Top 89%
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
+4.6%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +25.3% 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 58 years remaining 99 years
58 years
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 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). This block has too few rentals on record, so figures shown are the Tampines average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,200–$3,600 6.2% Tampines avg · block too thin
5-Room $3,650 typically $3,400–$3,900 5.3% Tampines avg · block too thin
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 5 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
5 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 229 Tampines Street 23 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
Jun 2026 07 TO 09 5 ROOM 121 sqm $742,000 $6,132
Mar 2026 10 TO 12 5 ROOM 121 sqm $767,000 $6,339
Jan 2026 01 TO 03 5 ROOM 121 sqm $745,000 $6,157
Dec 2025 01 TO 03 5 ROOM 121 sqm $680,000 $5,620
Dec 2025 04 TO 06 5 ROOM 125 sqm $690,000 $5,520
Jul 2025 01 TO 03 5 ROOM 121 sqm $750,000 $6,198
Apr 2025 01 TO 03 5 ROOM 121 sqm $755,000 $6,240
Mar 2025 04 TO 06 4 ROOM 98 sqm $636,888 $6,499
Dec 2024 01 TO 03 5 ROOM 121 sqm $710,000 $5,868
Jun 2024 04 TO 06 5 ROOM 121 sqm $689,500 $5,698
May 2024 07 TO 09 5 ROOM 121 sqm $698,000 $5,769
Apr 2024 07 TO 09 5 ROOM 121 sqm $695,000 $5,744
Dec 2023 04 TO 06 5 ROOM 121 sqm $685,000 $5,661
Nov 2023 04 TO 06 5 ROOM 123 sqm $685,000 $5,569
Nov 2022 10 TO 12 5 ROOM 121 sqm $664,000 $5,488
Dec 2021 04 TO 06 4 ROOM 98 sqm $468,000 $4,776
Dec 2021 07 TO 09 5 ROOM 121 sqm $640,000 $5,289
Jun 2021 07 TO 09 5 ROOM 121 sqm $600,000 $4,959
Mar 2021 04 TO 06 4 ROOM 99 sqm $438,000 $4,424
Dec 2020 07 TO 09 5 ROOM 121 sqm $535,000 $4,421
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 229 Tampines Street 23

Block 229 Tampines Street 23 is an ageing-lease HDB block in Tampines, built in 1985 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 12% above the Tampines median, ahead of around 72% of the town's blocks. It has a regular flow of resale activity, with 34 transactions since 2017 across 4 room, 5 room flats priced from $390,000 to $767,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $742,000 in Jun 2026, and the median works out to $5,033/sqm. Over five years, prices here are up about 25.3%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 229 Tampines Street 23 worth?

The most recent resale transaction at Block 229 Tampines Street 23 was $742,000 for a 5 room flat in 2026-06. The median price per square metre across all flat types is $5,033, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 229 Tampines Street 23?

Block 229 Tampines Street 23 was built in 1985 and has approximately 58 years 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 229 Tampines Street 23?

Block 229 Tampines Street 23 in Tampines contains 4 room, 5 room flats. Resale prices range from $390,000 to $767,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 229 Tampines Street 23 gone up or down?

Resale prices at Block 229 Tampines Street 23 have increased by approximately 25.3% over the past five years. The current median price is $609,000, with the most recent sale at $742,000 in 2026-06.

Link copied to clipboard