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Block 938 Tampines Avenue 5

Executive · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$1,158,000
Jan 2026 · EXECUTIVE · Floor 04-06
Median $/sqm
$5,171
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +31.1%
Median price change
Median Price ?
Top 10%
#80 / 787 Top 10%
Latest Sale ?
Top 1%
#4 / 787 Top 1%
Value ($/sqm) ?
Top 34%
#264 / 787 Top 34%
5-Year Growth ?
Top 72%
#396 / 547 Top 72%
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
--
Future Value Projection
Market Appreciation
+5.6%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +31.1% growth over 5 years
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 61 years remaining 99 years
61 years 10 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.47%/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
Jan 2026 04 TO 06 EXECUTIVE 146 sqm $1,158,000 $7,932
Jul 2025 07 TO 09 EXECUTIVE 146 sqm $1,000,000 $6,849
Apr 2025 04 TO 06 EXECUTIVE 142 sqm $955,888 $6,732
Oct 2024 04 TO 06 EXECUTIVE 146 sqm $945,000 $6,473
Mar 2024 04 TO 06 EXECUTIVE 142 sqm $920,000 $6,479
Feb 2024 07 TO 09 EXECUTIVE 146 sqm $910,000 $6,233
Apr 2022 01 TO 03 EXECUTIVE 146 sqm $895,000 $6,130
Oct 2021 07 TO 09 EXECUTIVE 142 sqm $763,000 $5,373
Oct 2021 04 TO 06 EXECUTIVE 146 sqm $795,000 $5,445
Jun 2021 07 TO 09 EXECUTIVE 146 sqm $755,000 $5,171
Aug 2020 04 TO 06 EXECUTIVE 146 sqm $695,000 $4,760
Jul 2020 07 TO 09 EXECUTIVE 146 sqm $725,000 $4,966
Jul 2020 01 TO 03 EXECUTIVE 146 sqm $675,000 $4,623
Dec 2019 01 TO 03 EXECUTIVE 146 sqm $690,000 $4,726
Oct 2019 01 TO 03 EXECUTIVE 146 sqm $680,000 $4,658
Apr 2018 04 TO 06 EXECUTIVE 146 sqm $675,000 $4,623
Nov 2017 01 TO 03 EXECUTIVE 142 sqm $580,000 $4,085
Jul 2017 01 TO 03 EXECUTIVE 142 sqm $640,000 $4,507
Apr 2017 04 TO 06 EXECUTIVE 146 sqm $680,000 $4,658
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 938 Tampines Avenue 5

Block 938 at Tampines Avenue 5 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $580,000 to $1,158,000 based on 19 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $1,158,000 in 2026-01. The current median price per square metre is $5,171. Over the past five years, resale prices at this block have increased by approximately 31.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8808, with an annual lease decay rate of approximately 0.47%. 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 938 Tampines Avenue 5 worth?

The most recent resale transaction at Block 938 Tampines Avenue 5 was $1,158,000 for a executive flat in 2026-01. The median price per square metre across all flat types is $5,171, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 938 Tampines Avenue 5?

Block 938 Tampines Avenue 5 was built in 1988 and has approximately 61 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 938 Tampines Avenue 5?

Block 938 Tampines Avenue 5 in Tampines contains executive flats. Resale prices range from $580,000 to $1,158,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 938 Tampines Avenue 5 gone up or down?

Resale prices at Block 938 Tampines Avenue 5 have increased by approximately 31.1% over the past five years. The current median price is $755,000, with the most recent sale at $1,158,000 in 2026-01.

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