Block 497A Tampines Street 45

5 Room · Executive · Built 1996 · 71 years remaining lease MOP Cleared
Latest Sale
$840,000
Jul 2024 · EXECUTIVE · #01-03
Median $/sqm
$5,396
Based on 7 transactions
Total Transactions
7
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 71 years remaining 99 years
71 years
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/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
Jul 2024 01 TO 03 EXECUTIVE 144 sqm $840,000 $5,833
Feb 2024 07 TO 09 EXECUTIVE 144 sqm $880,000 $6,111
Oct 2023 07 TO 09 EXECUTIVE 144 sqm $830,000 $5,764
Sep 2022 01 TO 03 EXECUTIVE 139 sqm $750,000 $5,396
Jul 2020 01 TO 03 EXECUTIVE 139 sqm $570,000 $4,101
May 2018 04 TO 06 5 ROOM 122 sqm $505,000 $4,139
Aug 2017 04 TO 06 5 ROOM 122 sqm $515,000 $4,221
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 497A Tampines Street 45

Block 497A at Tampines Street 45 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 71 years remaining on its 99-year lease. The block contains 5 room, executive flats, with resale prices ranging from $505,000 to $880,000 based on 7 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $840,000 in 2024-07. The current median price per square metre is $5,396. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9131, with an annual lease decay rate of approximately 0.33%. 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 497A Tampines Street 45 worth?

The most recent resale transaction at Block 497A Tampines Street 45 was $840,000 for a executive flat in 2024-07. The median price per square metre across all flat types is $5,396, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 497A Tampines Street 45?

Block 497A Tampines Street 45 was built in 1996 and has approximately 71 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 497A Tampines Street 45?

Block 497A Tampines Street 45 in Tampines contains 5 room, executive flats. Resale prices range from $505,000 to $880,000 based on historical transaction records from data.gov.sg.

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