Block 497G Tampines Street 45

4 Room · 5 Room · Built 1996 · 72 years remaining lease MOP Cleared
Latest Sale
$710,000
May 2023 · 5 ROOM · #10-12
Median $/sqm
$4,201
Based on 14 transactions
Total Transactions
14
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 72 years remaining 99 years
72 years 1 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/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
May 2023 10 TO 12 5 ROOM 130 sqm $710,000 $5,462
Aug 2022 07 TO 09 4 ROOM 102 sqm $528,000 $5,176
Jun 2022 10 TO 12 4 ROOM 102 sqm $513,000 $5,029
Sep 2021 10 TO 12 4 ROOM 107 sqm $490,000 $4,579
Jun 2021 01 TO 03 5 ROOM 131 sqm $540,000 $4,122
Jun 2020 01 TO 03 4 ROOM 108 sqm $400,000 $3,704
Jan 2020 01 TO 03 4 ROOM 102 sqm $370,000 $3,627
Dec 2019 04 TO 06 4 ROOM 109 sqm $432,000 $3,963
Apr 2019 04 TO 06 5 ROOM 130 sqm $540,000 $4,154
Mar 2018 04 TO 06 4 ROOM 102 sqm $435,000 $4,265
Jan 2018 04 TO 06 4 ROOM 102 sqm $440,000 $4,314
Nov 2017 04 TO 06 4 ROOM 102 sqm $428,000 $4,196
Oct 2017 04 TO 06 4 ROOM 107 sqm $450,000 $4,206
Feb 2017 10 TO 12 5 ROOM 130 sqm $515,000 $3,962
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 497G Tampines Street 45

Block 497G at Tampines Street 45 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $370,000 to $710,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $710,000 in 2023-05. The current median price per square metre is $4,201. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9162, with an annual lease decay rate of approximately 0.32%. 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 497G Tampines Street 45 worth?

The most recent resale transaction at Block 497G Tampines Street 45 was $710,000 for a 5 room flat in 2023-05. The median price per square metre across all flat types is $4,201, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

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

Block 497G Tampines Street 45 was built in 1996 and has approximately 72 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

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

Block 497G Tampines Street 45 in Tampines contains 4 room, 5 room flats. Resale prices range from $370,000 to $710,000 based on historical transaction records from data.gov.sg.

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