Block 488B Tampines Street 45

4 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$610,000
Feb 2026 · 4 ROOM · #04-06
Median $/sqm
$4,115
Based on 9 transactions
Total Transactions
9
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 62 years remaining 99 years
62 years 9 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Feb 2026 04 TO 06 4 ROOM 105 sqm $610,000 $5,810
Apr 2024 04 TO 06 4 ROOM 105 sqm $593,000 $5,648
Mar 2024 07 TO 09 4 ROOM 113 sqm $605,000 $5,354
Jan 2024 07 TO 09 4 ROOM 114 sqm $608,000 $5,333
Dec 2020 07 TO 09 4 ROOM 106 sqm $425,000 $4,009
Jan 2020 07 TO 09 4 ROOM 103 sqm $400,000 $3,883
Jun 2019 04 TO 06 4 ROOM 103 sqm $372,000 $3,612
Nov 2018 04 TO 06 4 ROOM 105 sqm $400,000 $3,810
Jun 2018 07 TO 09 4 ROOM 104 sqm $428,000 $4,115
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 488B Tampines Street 45

Block 488B at Tampines Street 45 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $372,000 to $610,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $610,000 in 2026-02. The current median price per square metre is $4,115. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8845, with an annual lease decay rate of approximately 0.46%. 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 488B Tampines Street 45 worth?

The most recent resale transaction at Block 488B Tampines Street 45 was $610,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,115, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 488B Tampines Street 45?

Block 488B Tampines Street 45 was built in 1989 and has approximately 62 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 488B Tampines Street 45?

Block 488B Tampines Street 45 in Tampines contains 4 room flats. Resale prices range from $372,000 to $610,000 based on historical transaction records from data.gov.sg.

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