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Block 388 Tampines Street 32

4 Room · 5 Room · Built 1993 · 66 years remaining lease · Updated Nov 2025 MOP Cleared

Block 388 Tampines Street 32 has 15 recorded HDB resale transactions since 2017. Latest sale: $678,000 (Nov 2025, 4 room, floors 10–12). Median $5,315/sqm. Built 1993, 66 years lease remaining.

Latest Sale
$678,000
Nov 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$5,315
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 20%
#162 / 791 Top 20%
Latest Sale ?
Top 48%
#377 / 791 Top 48%
Value ($/sqm) ?
Top 30%
#234 / 791 Top 30%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.39%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 66 years remaining 99 years
66 years 11 months
Remaining lease
↓ 0.39%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.39%/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 3 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
3 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 388 Tampines Street 32 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
Nov 2025 10 TO 12 4 ROOM 105 sqm $678,000 $6,457
Nov 2023 01 TO 03 5 ROOM 127 sqm $685,000 $5,394
Sep 2023 10 TO 12 4 ROOM 105 sqm $567,000 $5,400
Aug 2023 04 TO 06 5 ROOM 127 sqm $690,000 $5,433
Aug 2023 10 TO 12 5 ROOM 128 sqm $712,000 $5,563
Jul 2023 07 TO 09 5 ROOM 127 sqm $712,000 $5,606
Jan 2023 04 TO 06 5 ROOM 127 sqm $673,000 $5,299
Jan 2023 10 TO 12 5 ROOM 127 sqm $675,000 $5,315
Sep 2022 07 TO 09 5 ROOM 126 sqm $640,000 $5,079
Sep 2022 10 TO 12 5 ROOM 126 sqm $692,000 $5,492
Aug 2022 10 TO 12 5 ROOM 126 sqm $658,000 $5,222
Sep 2020 01 TO 03 5 ROOM 127 sqm $485,000 $3,819
Dec 2018 07 TO 09 4 ROOM 105 sqm $443,000 $4,219
May 2018 07 TO 09 5 ROOM 128 sqm $500,000 $3,906
Feb 2017 04 TO 06 5 ROOM 128 sqm $510,000 $3,984
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 388 Tampines Street 32

Block 388 Tampines Street 32 is an established HDB block in Tampines, built in 1993 with about 66 years remaining on its 99-year lease. Its median runs about 23% above the Tampines median, ahead of around 80% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 4 room, 5 room flats priced from $443,000 to $712,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $678,000 in Nov 2025, and the median works out to $5,315/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8999, equivalent to roughly 0.39% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 388 Tampines Street 32 worth?

The most recent resale transaction at Block 388 Tampines Street 32 was $678,000 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $5,315, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 388 Tampines Street 32?

Block 388 Tampines Street 32 was built in 1993 and has approximately 66 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 0.39%, meaning the leasehold value decreases by approximately 0.39% per year at the current remaining lease.

What flat types are available at Block 388 Tampines Street 32?

Block 388 Tampines Street 32 in Tampines contains 4 room, 5 room flats. Resale prices range from $443,000 to $712,000 based on historical transaction records from data.gov.sg.

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