Block 502 Tampines Central 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jan 2024 | 01 TO 03 | 4 ROOM | 105 sqm | $650,000 | $6,190 |
| May 2022 | 01 TO 03 | 5 ROOM | 121 sqm | $645,000 | $5,331 |
About Block 502 Tampines Central 1
Block 502 at Tampines Central 1 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $645,000 to $650,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $650,000 in 2024-01. The current median price per square metre is $5,761. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8906, with an annual lease decay rate of approximately 0.43%. 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 502 Tampines Central 1 worth?
The most recent resale transaction at Block 502 Tampines Central 1 was $650,000 for a 4 room flat in 2024-01. The median price per square metre across all flat types is $5,761, based on 2 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 502 Tampines Central 1?
Block 502 Tampines Central 1 was built in 1989 and has approximately 64 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 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.
What flat types are available at Block 502 Tampines Central 1?
Block 502 Tampines Central 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $645,000 to $650,000 based on historical transaction records from data.gov.sg.