Skip to content

Block 216 Tampines Street 23

4 Room · 5 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$707,888
Apr 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$5,025
Based on 29 transactions
Total Transactions
29
Since Jan 2017
5-Year Trend
▲ +25%
Median price change
Median Price ?
Top 30%
#239 / 787 Top 30%
Latest Sale ?
Top 42%
#327 / 787 Top 42%
Value ($/sqm) ?
Top 43%
#337 / 787 Top 43%
5-Year Growth ?
Top 90%
#494 / 547 Top 90%
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
+4.6%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +25% 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 58 years remaining 99 years
58 years
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/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
Apr 2026 01 TO 03 5 ROOM 125 sqm $707,888 $5,663
Sep 2025 10 TO 12 5 ROOM 121 sqm $718,888 $5,941
Sep 2025 04 TO 06 5 ROOM 121 sqm $730,000 $6,033
Jul 2025 07 TO 09 5 ROOM 121 sqm $729,000 $6,025
Apr 2025 10 TO 12 5 ROOM 121 sqm $728,888 $6,024
Feb 2025 01 TO 03 5 ROOM 121 sqm $708,888 $5,859
Jul 2024 04 TO 06 4 ROOM 99 sqm $580,000 $5,859
Jul 2024 07 TO 09 5 ROOM 121 sqm $715,888 $5,916
May 2024 01 TO 03 5 ROOM 121 sqm $635,000 $5,248
Mar 2024 07 TO 09 5 ROOM 121 sqm $685,000 $5,661
Oct 2023 01 TO 03 5 ROOM 121 sqm $625,000 $5,165
Apr 2023 01 TO 03 5 ROOM 121 sqm $628,000 $5,190
Mar 2023 07 TO 09 5 ROOM 121 sqm $625,000 $5,165
Nov 2022 04 TO 06 5 ROOM 121 sqm $615,000 $5,083
Jun 2022 04 TO 06 5 ROOM 121 sqm $595,000 $4,917
Feb 2022 07 TO 09 5 ROOM 121 sqm $575,000 $4,752
Aug 2021 07 TO 09 5 ROOM 125 sqm $579,088 $4,633
Jul 2021 10 TO 12 5 ROOM 121 sqm $608,000 $5,025
May 2021 07 TO 09 5 ROOM 121 sqm $570,000 $4,711
Apr 2021 10 TO 12 4 ROOM 99 sqm $486,500 $4,914
Showing 20 of 29 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 216 Tampines Street 23

Block 216 at Tampines Street 23 is a residential HDB block in Tampines, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $455,000 to $730,000 based on 29 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $707,888 in 2026-04. The current median price per square metre is $5,025. Over the past five years, resale prices at this block have increased by approximately 25%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8640, with an annual lease decay rate of approximately 0.55%. 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 216 Tampines Street 23 worth?

The most recent resale transaction at Block 216 Tampines Street 23 was $707,888 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,025, based on 29 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 216 Tampines Street 23?

Block 216 Tampines Street 23 was built in 1985 and has approximately 58 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 216 Tampines Street 23?

Block 216 Tampines Street 23 in Tampines contains 4 room, 5 room flats. Resale prices range from $455,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 216 Tampines Street 23 gone up or down?

Resale prices at Block 216 Tampines Street 23 have increased by approximately 25% over the past five years. The current median price is $595,000, with the most recent sale at $707,888 in 2026-04.

Link copied to clipboard