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Block 508 Tampines Central 1

4 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$790,000
Aug 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$5,238
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
▲ +37.1%
Median price change
Median Price ?
Top 46%
#365 / 787 Top 46%
Latest Sale ?
Top 25%
#198 / 787 Top 25%
Value ($/sqm) ?
Top 31%
#242 / 787 Top 31%
5-Year Growth ?
Top 45%
#247 / 547 Top 45%
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
+6.5%/yr
vs
Lease Decay
−0.45%/yr
Growth assumption
Based on this block’s +37.1% 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 63 years remaining 99 years
63 years 4 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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
Aug 2025 01 TO 03 4 ROOM 114 sqm $790,000 $6,930
Feb 2025 01 TO 03 4 ROOM 103 sqm $710,000 $6,893
Feb 2025 01 TO 03 4 ROOM 98 sqm $670,000 $6,837
Jun 2024 01 TO 03 4 ROOM 114 sqm $730,000 $6,404
Feb 2022 01 TO 03 4 ROOM 105 sqm $550,000 $5,238
Jan 2022 01 TO 03 4 ROOM 103 sqm $518,000 $5,029
Mar 2021 04 TO 06 4 ROOM 109 sqm $518,000 $4,752
Mar 2019 01 TO 03 4 ROOM 107 sqm $505,000 $4,720
Jul 2017 01 TO 03 4 ROOM 105 sqm $508,000 $4,838
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 508 Tampines Central 1

Block 508 at Tampines Central 1 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $505,000 to $790,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $790,000 in 2025-08. The current median price per square metre is $5,238. Over the past five years, resale prices at this block have increased by approximately 37.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8868, with an annual lease decay rate of approximately 0.45%. 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 508 Tampines Central 1 worth?

The most recent resale transaction at Block 508 Tampines Central 1 was $790,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $5,238, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 508 Tampines Central 1?

Block 508 Tampines Central 1 was built in 1989 and has approximately 63 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 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 508 Tampines Central 1?

Block 508 Tampines Central 1 in Tampines contains 4 room flats. Resale prices range from $505,000 to $790,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 508 Tampines Central 1 gone up or down?

Resale prices at Block 508 Tampines Central 1 have increased by approximately 37.1% over the past five years. The current median price is $550,000, with the most recent sale at $790,000 in 2025-08.

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