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Block 494B Tampines Avenue 9

5 Room · Built 1993 · 68 years remaining lease · Updated Oct 2023 MOP Cleared

Block 494B Tampines Avenue 9 has 18 recorded HDB resale transactions since 2017. Latest sale: $650,000 (Oct 2023, 5 room, floors 01–03). Median $4,194/sqm. Built 1993, 68 years lease remaining.

Latest Sale
$650,000
Oct 2023 · 5 ROOM · Floor 01-03
Median $/sqm
$4,194
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 59%
#463 / 789 Top 59%
Latest Sale ?
Top 55%
#437 / 789 Top 55%
Value ($/sqm) ?
Top 96%
#755 / 789 Top 96%
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
+3%/yr
vs
Lease Decay
−0.36%/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 68 years remaining 99 years
68 years 10 months
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.36%/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
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 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
Oct 2023 01 TO 03 5 ROOM 124 sqm $650,000 $5,242
Apr 2023 10 TO 12 5 ROOM 124 sqm $718,000 $5,790
Dec 2022 10 TO 12 5 ROOM 124 sqm $635,000 $5,121
Sep 2022 10 TO 12 5 ROOM 124 sqm $615,888 $4,967
May 2022 04 TO 06 5 ROOM 124 sqm $568,000 $4,581
Aug 2021 04 TO 06 5 ROOM 120 sqm $538,000 $4,483
Aug 2021 10 TO 12 5 ROOM 120 sqm $550,000 $4,583
Jun 2021 07 TO 09 5 ROOM 128 sqm $520,000 $4,063
Jun 2021 01 TO 03 5 ROOM 124 sqm $520,000 $4,194
Mar 2021 07 TO 09 5 ROOM 120 sqm $500,000 $4,167
Jan 2021 01 TO 03 5 ROOM 124 sqm $480,000 $3,871
Dec 2020 13 TO 15 5 ROOM 124 sqm $520,000 $4,194
Aug 2020 04 TO 06 5 ROOM 120 sqm $488,000 $4,067
Aug 2020 07 TO 09 5 ROOM 124 sqm $490,000 $3,952
Aug 2020 04 TO 06 5 ROOM 123 sqm $520,000 $4,228
Jul 2020 07 TO 09 5 ROOM 124 sqm $484,000 $3,903
Jun 2017 07 TO 09 5 ROOM 120 sqm $460,000 $3,833
Feb 2017 10 TO 12 5 ROOM 124 sqm $488,000 $3,935
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 494B Tampines Avenue 9

Block 494B at Tampines Avenue 9 is a residential HDB block in Tampines, Singapore, built in 1993 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $460,000 to $718,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $650,000 in 2023-10. The current median price per square metre is $4,194. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9063, with an annual lease decay rate of approximately 0.36%. 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 494B Tampines Avenue 9 worth?

The most recent resale transaction at Block 494B Tampines Avenue 9 was $650,000 for a 5 room flat in 2023-10. The median price per square metre across all flat types is $4,194, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 494B Tampines Avenue 9?

Block 494B Tampines Avenue 9 was built in 1993 and has approximately 68 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 0.36%, meaning the leasehold value decreases by approximately 0.36% per year at the current remaining lease.

What flat types are available at Block 494B Tampines Avenue 9?

Block 494B Tampines Avenue 9 in Tampines contains 5 room flats. Resale prices range from $460,000 to $718,000 based on historical transaction records from data.gov.sg.

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