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Block 723 Tampines Street 72

4 Room · 5 Room · Built 1997 · 70 years remaining lease · Updated May 2026 MOP Cleared

Block 723 Tampines Street 72 has 25 recorded HDB resale transactions since 2017. Latest sale: $760,000 (May 2026, 5 room, floors 07–09). Median $4,916/sqm. Prices up 38.5% over the past five years. Built 1997, 70 years lease remaining.

Latest Sale
$760,000
May 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$4,916
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +38.5%
Median price change
Median Price ?
Top 45%
#356 / 789 Top 45%
Latest Sale ?
Top 33%
#259 / 789 Top 33%
Value ($/sqm) ?
Top 52%
#414 / 789 Top 52%
5-Year Growth ?
Top 39%
#219 / 566 Top 39%
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
+6.7%/yr
vs
Lease Decay
−0.35%/yr
Growth assumption
Based on this block’s +38.5% 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 70 years remaining 99 years
70 years
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.35%/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
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
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 2 popular schools. 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
May 2026 07 TO 09 5 ROOM 119 sqm $760,000 $6,387
Mar 2025 13 TO 15 5 ROOM 120 sqm $840,000 $7,000
Aug 2024 04 TO 06 5 ROOM 119 sqm $690,000 $5,798
Jun 2024 07 TO 09 5 ROOM 119 sqm $695,000 $5,840
Mar 2024 10 TO 12 5 ROOM 119 sqm $735,888 $6,184
Jan 2024 04 TO 06 5 ROOM 120 sqm $662,000 $5,517
Nov 2023 10 TO 12 5 ROOM 119 sqm $730,000 $6,134
Nov 2022 07 TO 09 5 ROOM 119 sqm $680,000 $5,714
Sep 2022 07 TO 09 4 ROOM 99 sqm $552,000 $5,576
Aug 2022 04 TO 06 5 ROOM 119 sqm $630,000 $5,294
Jun 2022 07 TO 09 4 ROOM 99 sqm $508,000 $5,131
Jun 2021 10 TO 12 5 ROOM 119 sqm $600,000 $5,042
Jan 2021 10 TO 12 5 ROOM 119 sqm $555,000 $4,664
Dec 2020 13 TO 15 5 ROOM 119 sqm $585,000 $4,916
Nov 2020 04 TO 06 5 ROOM 120 sqm $550,000 $4,583
Oct 2020 13 TO 15 4 ROOM 99 sqm $440,000 $4,444
Dec 2019 04 TO 06 5 ROOM 120 sqm $512,000 $4,267
Jul 2019 04 TO 06 5 ROOM 119 sqm $520,000 $4,370
Jun 2019 01 TO 03 5 ROOM 119 sqm $484,000 $4,067
May 2019 10 TO 12 5 ROOM 119 sqm $500,000 $4,202
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 723 Tampines Street 72

Block 723 at Tampines Street 72 is a residential HDB block in Tampines, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $432,000 to $840,000 based on 25 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $760,000 in 2026-05. The current median price per square metre is $4,916. Over the past five years, resale prices at this block have increased by approximately 38.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9100, with an annual lease decay rate of approximately 0.35%. 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 723 Tampines Street 72 worth?

The most recent resale transaction at Block 723 Tampines Street 72 was $760,000 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $4,916, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 723 Tampines Street 72?

Block 723 Tampines Street 72 was built in 1997 and has approximately 70 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 723 Tampines Street 72?

Block 723 Tampines Street 72 in Tampines contains 4 room, 5 room flats. Resale prices range from $432,000 to $840,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 723 Tampines Street 72 gone up or down?

Resale prices at Block 723 Tampines Street 72 have increased by approximately 38.5% over the past five years. The current median price is $555,000, with the most recent sale at $760,000 in 2026-05.

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