Block 387 Tampines Street 32

5 Room · Built 1993 · 68 years remaining lease MOP Cleared
Latest Sale
$718,000
Oct 2024 · 5 ROOM · #04-06
Median $/sqm
$5,391
Based on 11 transactions
Total Transactions
11
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
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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 2024 04 TO 06 5 ROOM 126 sqm $718,000 $5,698
Sep 2024 04 TO 06 5 ROOM 124 sqm $716,888 $5,781
Jun 2024 01 TO 03 5 ROOM 128 sqm $715,000 $5,586
May 2024 01 TO 03 5 ROOM 127 sqm $690,000 $5,433
May 2024 10 TO 12 5 ROOM 128 sqm $690,000 $5,391
Feb 2024 10 TO 12 5 ROOM 126 sqm $700,888 $5,563
Jan 2021 07 TO 09 5 ROOM 124 sqm $530,000 $4,274
Mar 2020 01 TO 03 5 ROOM 127 sqm $515,000 $4,055
Dec 2019 04 TO 06 5 ROOM 127 sqm $480,000 $3,780
Nov 2018 07 TO 09 5 ROOM 127 sqm $552,000 $4,346
Sep 2017 07 TO 09 5 ROOM 127 sqm $528,000 $4,157
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 387 Tampines Street 32

Block 387 at Tampines Street 32 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 $480,000 to $718,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $718,000 in 2024-10. The current median price per square metre is $5,391. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9036, with an annual lease decay rate of approximately 0.37%. 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 387 Tampines Street 32 worth?

The most recent resale transaction at Block 387 Tampines Street 32 was $718,000 for a 5 room flat in 2024-10. The median price per square metre across all flat types is $5,391, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 387 Tampines Street 32?

Block 387 Tampines Street 32 was built in 1993 and has approximately 68 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 387 Tampines Street 32?

Block 387 Tampines Street 32 in Tampines contains 5 room flats. Resale prices range from $480,000 to $718,000 based on historical transaction records from data.gov.sg.

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