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Block 497G Tampines Street 45

4 Room · 5 Room · Built 1996 · 72 years remaining lease · Updated May 2023 MOP Cleared

Block 497G Tampines Street 45 has 14 recorded HDB resale transactions since 2017. Latest sale: $710,000 (May 2023, 5 room, floors 10–12). Median $4,201/sqm. Built 1996, 72 years lease remaining.

Latest Sale
$710,000
May 2023 · 5 ROOM · Floor 10-12
Median $/sqm
$4,201
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 72%
#572 / 791 Top 72%
Latest Sale ?
Top 42%
#334 / 791 Top 42%
Value ($/sqm) ?
Top 95%
#755 / 791 Top 95%
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
−0.32%/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 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.
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 2 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
2 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 497G Tampines Street 45 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
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 Tampines Street 45 is a mature HDB block in Tampines, built in 1996 with about 72 years remaining on its 99-year lease. Its median sits about 14% below the Tampines median, cheaper than about 72% of the town's blocks. It has a relatively light resale record, with 14 transactions since 2017 across 4 room, 5 room flats priced from $370,000 to $710,000. The most recent transaction was a 5 room flat on storeys 10 TO 12 at $710,000 in May 2023, and the median works out to $4,201/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9162, equivalent to roughly 0.32% 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 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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