Block 1 Tanjong Pagar Plaza

3 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$500,000
Sep 2025 · 3 ROOM · #07-09
Median $/sqm
$7,774
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +5%
Median price change
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 50 years remaining 99 years
50 years 5 months
Remaining lease
↓ 0.75%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.75%/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
Sep 2025 07 TO 09 3 ROOM 59 sqm $500,000 $8,475
Aug 2024 07 TO 09 3 ROOM 59 sqm $450,000 $7,627
Jul 2024 22 TO 24 3 ROOM 59 sqm $590,000 $10,000
May 2024 22 TO 24 3 ROOM 59 sqm $518,000 $8,780
Apr 2024 19 TO 21 3 ROOM 59 sqm $485,000 $8,220
Nov 2023 13 TO 15 3 ROOM 70 sqm $595,000 $8,500
Oct 2023 04 TO 06 3 ROOM 59 sqm $450,000 $7,627
Oct 2023 13 TO 15 3 ROOM 70 sqm $545,000 $7,786
Jul 2023 16 TO 18 3 ROOM 59 sqm $495,000 $8,390
Jun 2023 16 TO 18 3 ROOM 59 sqm $488,000 $8,271
Jun 2023 22 TO 24 3 ROOM 59 sqm $515,000 $8,729
Mar 2023 13 TO 15 3 ROOM 59 sqm $464,000 $7,864
Feb 2023 22 TO 24 3 ROOM 59 sqm $458,000 $7,763
Jan 2023 22 TO 24 3 ROOM 59 sqm $475,000 $8,051
Sep 2022 10 TO 12 3 ROOM 59 sqm $482,000 $8,169
May 2022 04 TO 06 3 ROOM 59 sqm $380,000 $6,441
Jan 2022 04 TO 06 3 ROOM 59 sqm $430,000 $7,288
Dec 2021 16 TO 18 3 ROOM 59 sqm $452,000 $7,661
Nov 2021 19 TO 21 3 ROOM 59 sqm $476,000 $8,068
Oct 2021 07 TO 09 3 ROOM 59 sqm $450,000 $7,627
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Tanjong Pagar Plaza

Block 1 at Tanjong Pagar Plaza is a residential HDB block in Central Area, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $380,000 to $595,000 based on 34 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $500,000 in 2025-09. The current median price per square metre is $7,774. Over the past five years, resale prices at this block have increased by approximately 5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8235, with an annual lease decay rate of approximately 0.75%. 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 1 Tanjong Pagar Plaza worth?

The most recent resale transaction at Block 1 Tanjong Pagar Plaza was $500,000 for a 3 room flat in 2025-09. The median price per square metre across all flat types is $7,774, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Tanjong Pagar Plaza?

Block 1 Tanjong Pagar Plaza was built in 1977 and has approximately 50 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.75%, meaning the leasehold value decreases by approximately 0.75% per year at the current remaining lease.

What flat types are available at Block 1 Tanjong Pagar Plaza?

Block 1 Tanjong Pagar Plaza in Central Area contains 3 room flats. Resale prices range from $380,000 to $595,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 1 Tanjong Pagar Plaza gone up or down?

Resale prices at Block 1 Tanjong Pagar Plaza have increased by approximately 5% over the past five years. The current median price is $475,500, with the most recent sale at $500,000 in 2025-09.

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