Skip to content

Block 509 Tampines Central 1

5 Room · Built 1989 · 68 years remaining lease MOP Cleared
Latest Sale
$548,000
Mar 2020 · 5 ROOM · Floor 01-03
Median $/sqm
$4,455
Based on 2 transactions
Total Transactions
2
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 51%
#398 / 787 Top 51%
Latest Sale ?
Top 78%
#615 / 787 Top 78%
Value ($/sqm) ?
Top 86%
#679 / 787 Top 86%
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
−0.37%/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 4 months
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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
Mar 2020 01 TO 03 5 ROOM 121 sqm $548,000 $4,529
Oct 2019 01 TO 03 5 ROOM 121 sqm $530,000 $4,380
Showing 2 of 2 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 509 Tampines Central 1

Block 509 at Tampines Central 1 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $530,000 to $548,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $548,000 in 2020-03. The current median price per square metre is $4,455. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9047, with an annual lease decay rate of approximately 0.37%. 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 509 Tampines Central 1 worth?

The most recent resale transaction at Block 509 Tampines Central 1 was $548,000 for a 5 room flat in 2020-03. The median price per square metre across all flat types is $4,455, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 509 Tampines Central 1?

Block 509 Tampines Central 1 was built in 1989 and has approximately 68 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 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 509 Tampines Central 1?

Block 509 Tampines Central 1 in Tampines contains 5 room flats. Resale prices range from $530,000 to $548,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard