Block 505 Tampines Central 1
Block 505 Tampines Central 1 has 12 recorded HDB resale transactions since 2017. Latest sale: $785,000 (Sep 2024, 4 room, floors 04–06). Median $4,885/sqm. Built 1989, 64 years lease remaining.
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 |
|---|---|---|---|
| 4-Room | $3,400 typically $3,150–$3,600 | 6.2% | Tampines avg · block too thin |
| 5-Room | $3,650 typically $3,400–$3,900 | 5.3% | Tampines avg · block too thin |
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.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Sep 2024 | 04 TO 06 | 4 ROOM | 111 sqm | $785,000 | $7,072 |
| Jan 2024 | 07 TO 09 | 4 ROOM | 111 sqm | $720,000 | $6,486 |
| Aug 2023 | 07 TO 09 | 4 ROOM | 96 sqm | $595,000 | $6,198 |
| May 2023 | 04 TO 06 | 4 ROOM | 103 sqm | $585,000 | $5,680 |
| Dec 2022 | 01 TO 03 | 5 ROOM | 121 sqm | $700,000 | $5,785 |
| Dec 2020 | 01 TO 03 | 4 ROOM | 109 sqm | $520,000 | $4,771 |
| Oct 2020 | 04 TO 06 | 4 ROOM | 105 sqm | $480,000 | $4,571 |
| Jul 2020 | 01 TO 03 | 4 ROOM | 103 sqm | $463,000 | $4,495 |
| Jul 2019 | 07 TO 09 | 4 ROOM | 103 sqm | $515,000 | $5,000 |
| Jun 2019 | 01 TO 03 | 5 ROOM | 122 sqm | $550,000 | $4,508 |
| Apr 2019 | 04 TO 06 | 4 ROOM | 113 sqm | $520,000 | $4,602 |
| Mar 2018 | 04 TO 06 | 4 ROOM | 113 sqm | $510,000 | $4,513 |
About Block 505 Tampines Central 1
Block 505 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 $463,000 to $785,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $785,000 in 2024-09. The current median price per square metre is $4,885. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8894, with an annual lease decay rate of approximately 0.44%. 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 505 Tampines Central 1 worth?
The most recent resale transaction at Block 505 Tampines Central 1 was $785,000 for a 4 room flat in 2024-09. The median price per square metre across all flat types is $4,885, based on 12 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 505 Tampines Central 1?
Block 505 Tampines Central 1 was built in 1989 and has approximately 64 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.
What flat types are available at Block 505 Tampines Central 1?
Block 505 Tampines Central 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $463,000 to $785,000 based on historical transaction records from data.gov.sg.