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Block 3 Tanjong Pagar Plaza

3 Room · 5 Room · Built 1977 · 49 years remaining lease · Updated May 2026 MOP Cleared

Block 3 Tanjong Pagar Plaza has 37 recorded HDB resale transactions since 2017. Latest sale: $655,000 (May 2026, 3 room, floors 10–12). Median $7,881/sqm. Prices up 16.1% over the past five years. Built 1977, 49 years lease remaining.

Latest Sale
$655,000
May 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$7,881
Based on 37 transactions
Total Transactions
37
Since Jan 2017
5-Year Trend
▲ +16.1%
Median price change
Median Price ?
Top 56%
#36 / 64 Top 56%
Latest Sale ?
Top 44%
#28 / 64 Top 44%
Value ($/sqm) ?
Top 25%
#16 / 64 Top 25%
5-Year Growth ?
Top 85%
#45 / 53 Top 85%
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
−0.77%/yr
Growth assumption
Based on this block’s +16.1% 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 49 years remaining 99 years
49 years 9 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,300 typically $3,000–$3,400 7.3% 33 rentals here
5-Room $5,100 typically $4,900–$5,300 4.1% Central Area 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).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 10 TO 12 3 ROOM 70 sqm $655,000 $9,357
Jan 2026 04 TO 06 3 ROOM 59 sqm $550,000 $9,322
Oct 2025 04 TO 06 3 ROOM 59 sqm $510,000 $8,644
Jul 2025 07 TO 09 3 ROOM 59 sqm $535,000 $9,068
Jun 2025 13 TO 15 3 ROOM 59 sqm $540,000 $9,153
Dec 2024 13 TO 15 3 ROOM 59 sqm $520,000 $8,814
Dec 2024 22 TO 24 3 ROOM 70 sqm $648,000 $9,257
Oct 2024 16 TO 18 3 ROOM 70 sqm $562,000 $8,029
Jul 2024 22 TO 24 3 ROOM 59 sqm $510,000 $8,644
Jun 2024 16 TO 18 3 ROOM 59 sqm $498,888 $8,456
Mar 2024 07 TO 09 3 ROOM 59 sqm $465,000 $7,881
Nov 2023 16 TO 18 3 ROOM 59 sqm $488,000 $8,271
Oct 2023 10 TO 12 3 ROOM 59 sqm $495,000 $8,390
Aug 2023 13 TO 15 5 ROOM 118 sqm $928,000 $7,864
Jul 2023 10 TO 12 3 ROOM 59 sqm $465,000 $7,881
Jun 2023 16 TO 18 3 ROOM 59 sqm $475,000 $8,051
Oct 2022 04 TO 06 3 ROOM 70 sqm $515,000 $7,357
Dec 2021 22 TO 24 3 ROOM 59 sqm $465,000 $7,881
Nov 2021 07 TO 09 5 ROOM 139 sqm $958,000 $6,892
Jul 2021 10 TO 12 3 ROOM 59 sqm $465,000 $7,881
Showing 20 of 37 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 3 Tanjong Pagar Plaza

Block 3 at Tanjong Pagar Plaza is a residential HDB block in Central Area, Singapore, built in 1977 with approximately 49 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $380,000 to $958,000 based on 37 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $655,000 in 2026-05. The current median price per square metre is $7,881. Over the past five years, resale prices at this block have increased by approximately 16.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8194, with an annual lease decay rate of approximately 0.77%. 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 3 Tanjong Pagar Plaza worth?

The most recent resale transaction at Block 3 Tanjong Pagar Plaza was $655,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $7,881, based on 37 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 3 Tanjong Pagar Plaza?

Block 3 Tanjong Pagar Plaza was built in 1977 and has approximately 49 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 3 Tanjong Pagar Plaza?

Block 3 Tanjong Pagar Plaza in Central Area contains 3 room, 5 room flats. Resale prices range from $380,000 to $958,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 3 Tanjong Pagar Plaza gone up or down?

Resale prices at Block 3 Tanjong Pagar Plaza have increased by approximately 16.1% over the past five years. The current median price is $485,000, with the most recent sale at $655,000 in 2026-05.

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