Block 223 Tampines Street 24

3 Room · 4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$460,000
Dec 2025 · 3 ROOM · #01-03
Median $/sqm
$4,529
Based on 8 transactions
Total Transactions
8
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 59 years remaining 99 years
59 years
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.53%/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 2025 01 TO 03 3 ROOM 67 sqm $460,000 $6,866
Mar 2024 04 TO 06 4 ROOM 93 sqm $550,000 $5,914
Oct 2022 01 TO 03 3 ROOM 67 sqm $360,000 $5,373
Jul 2020 04 TO 06 3 ROOM 67 sqm $260,000 $3,881
Jun 2020 01 TO 03 4 ROOM 91 sqm $400,000 $4,396
Apr 2020 04 TO 06 4 ROOM 91 sqm $410,000 $4,505
Jun 2019 01 TO 03 3 ROOM 67 sqm $305,000 $4,552
Aug 2017 04 TO 06 3 ROOM 67 sqm $300,000 $4,478
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 223 Tampines Street 24

Block 223 at Tampines Street 24 is a residential HDB block in Tampines, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $260,000 to $550,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $460,000 in 2025-12. The current median price per square metre is $4,529. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8686, with an annual lease decay rate of approximately 0.53%. 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 223 Tampines Street 24 worth?

The most recent resale transaction at Block 223 Tampines Street 24 was $460,000 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $4,529, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 223 Tampines Street 24?

Block 223 Tampines Street 24 was built in 1985 and has approximately 59 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 223 Tampines Street 24?

Block 223 Tampines Street 24 in Tampines contains 3 room, 4 room flats. Resale prices range from $260,000 to $550,000 based on historical transaction records from data.gov.sg.

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