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Block 490B Tampines Street 45

5 Room · Built 1993 · 68 years remaining lease · Updated Oct 2024 MOP Cleared

Block 490B Tampines Street 45 has 15 recorded HDB resale transactions since 2017. Latest sale: $680,000 (Oct 2024, 5 room, floors 01–03). Median $4,563/sqm. Built 1993, 68 years lease remaining.

Latest Sale
$680,000
Oct 2024 · 5 ROOM · Floor 01-03
Median $/sqm
$4,563
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 37%
#291 / 789 Top 37%
Latest Sale ?
Top 47%
#368 / 789 Top 47%
Value ($/sqm) ?
Top 81%
#639 / 789 Top 81%
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
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.
Rental & Yield

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
5-Room $3,650 typically $3,400–$3,900 5.3% Tampines avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2024 01 TO 03 5 ROOM 126 sqm $680,000 $5,397
Mar 2024 07 TO 09 5 ROOM 126 sqm $700,000 $5,556
Nov 2023 01 TO 03 5 ROOM 130 sqm $658,000 $5,062
Apr 2023 04 TO 06 5 ROOM 130 sqm $638,000 $4,908
Mar 2023 01 TO 03 5 ROOM 126 sqm $627,000 $4,976
Nov 2022 01 TO 03 5 ROOM 130 sqm $620,000 $4,769
Dec 2021 10 TO 12 5 ROOM 128 sqm $622,000 $4,859
Jul 2021 07 TO 09 5 ROOM 126 sqm $575,000 $4,563
Feb 2021 04 TO 06 5 ROOM 128 sqm $510,000 $3,984
Aug 2020 04 TO 06 5 ROOM 126 sqm $560,000 $4,444
Aug 2019 07 TO 09 5 ROOM 130 sqm $522,000 $4,015
Jun 2019 07 TO 09 5 ROOM 126 sqm $510,000 $4,048
Mar 2018 01 TO 03 5 ROOM 128 sqm $450,000 $3,516
Jan 2018 07 TO 09 5 ROOM 126 sqm $485,000 $3,849
Nov 2017 04 TO 06 5 ROOM 130 sqm $485,000 $3,731
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 490B Tampines Street 45

Block 490B at Tampines Street 45 is a residential HDB block in Tampines, Singapore, built in 1993 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $450,000 to $700,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $680,000 in 2024-10. The current median price per square metre is $4,563. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9036, 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 490B Tampines Street 45 worth?

The most recent resale transaction at Block 490B Tampines Street 45 was $680,000 for a 5 room flat in 2024-10. The median price per square metre across all flat types is $4,563, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 490B Tampines Street 45?

Block 490B Tampines Street 45 was built in 1993 and has approximately 68 years 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 490B Tampines Street 45?

Block 490B Tampines Street 45 in Tampines contains 5 room flats. Resale prices range from $450,000 to $700,000 based on historical transaction records from data.gov.sg.

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