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Block 941 Tampines Avenue 5

Executive · Built 1988 · 62 years remaining lease · Updated Jul 2025 MOP Cleared

Block 941 Tampines Avenue 5 has 17 recorded HDB resale transactions since 2017. Latest sale: $1,045,000 (Jul 2025, executive, floors 04–06). Median $5,822/sqm. Prices up 38.2% over the past five years. Built 1988, 62 years lease remaining.

Latest Sale
$1,045,000
Jul 2025 · EXECUTIVE · Floor 04-06
Median $/sqm
$5,822
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +38.2%
Median price change
Median Price ?
Top 2%
#17 / 789 Top 2%
Latest Sale ?
Top 3%
#24 / 789 Top 3%
Value ($/sqm) ?
Top 15%
#121 / 789 Top 15%
5-Year Growth ?
Top 40%
#228 / 566 Top 40%
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
+6.7%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Based on this block’s +38.2% 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 62 years remaining 99 years
62 years 4 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Executive $4,000 typically $3,700–$4,200 4.9% 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 1 popular school. 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.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2025 04 TO 06 EXECUTIVE 146 sqm $1,045,000 $7,158
Jun 2025 10 TO 12 EXECUTIVE 146 sqm $1,141,888 $7,821
May 2025 04 TO 06 EXECUTIVE 146 sqm $1,028,000 $7,041
Mar 2025 04 TO 06 EXECUTIVE 146 sqm $1,050,000 $7,192
Dec 2023 07 TO 09 EXECUTIVE 146 sqm $980,000 $6,712
Nov 2023 01 TO 03 EXECUTIVE 146 sqm $850,000 $5,822
Jun 2023 07 TO 09 EXECUTIVE 154 sqm $950,000 $6,169
Feb 2023 07 TO 09 EXECUTIVE 146 sqm $925,000 $6,336
Jul 2022 10 TO 12 EXECUTIVE 146 sqm $900,000 $6,164
Sep 2021 01 TO 03 EXECUTIVE 146 sqm $755,000 $5,171
Aug 2021 04 TO 06 EXECUTIVE 146 sqm $768,000 $5,260
Mar 2021 04 TO 06 EXECUTIVE 146 sqm $758,000 $5,192
Aug 2019 01 TO 03 EXECUTIVE 146 sqm $690,000 $4,726
Dec 2018 10 TO 12 EXECUTIVE 146 sqm $750,000 $5,137
Sep 2018 01 TO 03 EXECUTIVE 146 sqm $690,000 $4,726
Oct 2017 04 TO 06 EXECUTIVE 146 sqm $700,000 $4,795
Mar 2017 04 TO 06 EXECUTIVE 146 sqm $738,000 $5,055
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 941 Tampines Avenue 5

Block 941 at Tampines Avenue 5 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $690,000 to $1,141,888 based on 17 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $1,045,000 in 2025-07. The current median price per square metre is $5,822. Over the past five years, resale prices at this block have increased by approximately 38.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8829, with an annual lease decay rate of approximately 0.46%. 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 941 Tampines Avenue 5 worth?

The most recent resale transaction at Block 941 Tampines Avenue 5 was $1,045,000 for a executive flat in 2025-07. The median price per square metre across all flat types is $5,822, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 941 Tampines Avenue 5?

Block 941 Tampines Avenue 5 was built in 1988 and has approximately 62 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 941 Tampines Avenue 5?

Block 941 Tampines Avenue 5 in Tampines contains executive flats. Resale prices range from $690,000 to $1,141,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 941 Tampines Avenue 5 gone up or down?

Resale prices at Block 941 Tampines Avenue 5 have increased by approximately 38.2% over the past five years. The current median price is $850,000, with the most recent sale at $1,045,000 in 2025-07.

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