homequant
HDB · 520938

Blk 938 Tampines Ave 5

Project page · 99-year lease from 1988

Indicative value range
S$1,006,620 – S$1,135,312
Indicative mid S$1,074,443 · S$7,359 psm

Based on 4 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Sept 2026Blk 93801 TO 03142 sqmS$940,000S$6,620 psm×1.000S$6,620 psm
Jul 2026Blk 93801 TO 03146 sqmS$1,020,000S$6,986 psm×1.000S$6,986 psm
Jun 2026Blk 93807 TO 09146 sqmS$1,128,888S$7,732 psm×1.000S$7,732 psm
Jan 2026Blk 93804 TO 06146 sqmS$1,158,000S$7,932 psm×0.997S$7,908 psm

How accurate is this estimate for Tampines Ave 5?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 45 sales in Tampines Ave 5 since.

Median error
4.7%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

4.24% gross yield

S$45,600 of rent a year against the estimate above · 0.46 points below flats like it

Homes like this rent for about S$3,800 a month, the middle of 19 approvals in the last year.

Across Singapore, flats of this type with 60 to 69 years of lease left yield 4.70%, from 17 blocks. This town has too few such blocks to measure on its own.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Sept 2026146EXECUTIVES$3,500
Aug 2026148EXECUTIVES$4,200
Jul 2026940EXECUTIVES$4,100
May 2026146EXECUTIVES$4,500
May 2026146EXECUTIVES$4,000
May 2026940EXECUTIVES$3,800
Apr 2026941EXECUTIVES$4,200
Apr 2026938EXECUTIVES$3,500

median of 19 HDB rental approvals for EXECUTIVE on Tampines Ave 5 since 2025-10.

Buying or selling at S$1,074,443?

Buying: Stamp duty on S$1,074,443 · Cash and CPF needed on S$1,074,443 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,074,443.

Each opens with this figure filled in; change anything there.

Primary schools near 938 Tampines Ave 5

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Sept 2026
Blk 938 · EXECUTIVE · 01 TO 03 · Apartment · 61 years left
142 sqmS$940,000S$6,620 psm
Jul 2026
Blk 938 · EXECUTIVE · 01 TO 03 · Maisonette · 61 years left
146 sqmS$1,020,000S$6,986 psm
Jun 2026
Blk 938 · EXECUTIVE · 07 TO 09 · Maisonette · 61 years left
146 sqmS$1,128,888S$7,732 psm
Jan 2026
Blk 938 · EXECUTIVE · 04 TO 06 · Maisonette · 62 years left
146 sqmS$1,158,000S$7,932 psm
Jul 2025
Blk 938 · EXECUTIVE · 07 TO 09 · Maisonette · 62 years left
146 sqmS$1,000,000S$6,849 psm
Apr 2025
Blk 938 · EXECUTIVE · 04 TO 06 · Apartment · 63 years left
142 sqmS$955,888S$6,732 psm
Oct 2024
Blk 938 · EXECUTIVE · 04 TO 06 · Maisonette · 63 years left
146 sqmS$945,000S$6,473 psm
Mar 2024
Blk 938 · EXECUTIVE · 04 TO 06 · Apartment · 64 years left
142 sqmS$920,000S$6,479 psm
Feb 2024
Blk 938 · EXECUTIVE · 07 TO 09 · Maisonette · 64 years left
146 sqmS$910,000S$6,233 psm
Apr 2022
Blk 938 · EXECUTIVE · 01 TO 03 · Maisonette · 66 years left
146 sqmS$895,000S$6,130 psm
Oct 2021
Blk 938 · EXECUTIVE · 04 TO 06 · Maisonette · 66 years left
146 sqmS$795,000S$5,445 psm
Oct 2021
Blk 938 · EXECUTIVE · 07 TO 09 · Apartment · 66 years left
142 sqmS$763,000S$5,373 psm
See more

Showing 12 of 33.

Sale prices as filed in caveats.

Where the lease takes this

About 60 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years55 yearsS$1,036,617S$1,144,509S$1,239,526S$1,261,204
10 years50 yearsS$989,551S$1,206,258S$1,414,857S$1,464,778
20 years40 yearsS$884,964S$1,315,010S$1,809,146S$1,939,065

On a flat market the lease alone costs 18% over 20 years. Prices would need to rise about 0.97% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.