Blk 502 Tampines Central 1
About 502 Tampines Ctrl 1
502 Tampines Central 1 is an HDB block located in Tampines. It has 4 room and 5 room units and the highest floor is 4. The block was completed in 1989 and the lease with HDB commenced in 1989. This means that the remaining lease period is approximately 66 years 01 month. The unit floor size are 105 and 121sqm. The latest resale transaction was in Jan 2024 and the highest transacted price was recorded in Jan 2024 for a 4 room unit at $650,000.
There are several primary schools located within 1km of block 502, including Gongshang Primary School, Tampines North Primary School and Tampines Primary School.
For secondary education, the nearby schools include Pasir Ris Secondary School and Tampines Secondary School.
Block 502 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Tampines MRT Station (DT32) and Tampines MRT Station (EW2).
There are also 7 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $650,000 | $650,000 | $650,000 | 1 |
| 5 room | $645,000 | $645,000 | $645,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,100 | $2,917 | $3,650 | 3 |
| 5 room | $3,200 | $3,200 | $3,200 | 1 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 502 Tampines Central 1.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Stable or no visible trend
- 5 room price : Stable or no visible trend
Resale transaction details and prices
There were a total of 2 resale transactions in the last 3 years for units in block 502 Tampines Central 1, with the latest one recorded in Jan 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | $650,000 | $6,190 | 4 Room | Blk 502 Tampines Central 1 4 Room / 105 sqm | 01 to 03 | 105 sqm | Model A | 1989 |
| May 2022 | $645,000 | $5,331 | 5 Room | Blk 502 Tampines Central 1 5 Room / 121 sqm | 01 to 03 | 121 sqm | Improved | 1989 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 502 Tampines Central 1.
- 4 room rental : Stable trend
- 5 room rental : Stable trend
- 4 room rental price : Trending down
- 5 room rental price : Stable trend
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Tampines Heart. We will compare a total of 2 flat types (4 Room and 5 Room), across a total of 6 blocks within this HDB project/estate. Block 502 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 501 | $2,767 | $2,150 | $3,650 | 3 |
| 502 | $2,917 | $2,100 | $3,650 | 3 |
| 503 | $2,764 | $1,200 | $3,800 | 11 |
| 505 | $2,489 | $1,800 | $3,300 | 9 |
| 508 | $3,075 | $2,400 | $3,750 | 2 |
| 509 | $4,100 | $4,100 | $4,100 | 1 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 502 | $3,200 | $3,200 | $3,200 | 1 |
| 503 | $3,167 | $2,500 | $3,500 | 3 |
| 505 | $2,600 | $2,600 | $2,600 | 1 |
Rental transaction details and prices
There were a total of 4 rental transactions in the last 3 years for units in block 502 Tampines Central 1. The latest recorded one was in Feb 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Feb 2024 | $3,000 | 4 Room | Blk 502 Tampines Central 1 4 Room | Tampines |
| Sep 2023 | $3,200 | 5 Room | Blk 502 Tampines Central 1 5 Room | Tampines |
| Mar 2023 | $2,100 | 4 Room | Blk 502 Tampines Central 1 4 Room | Tampines |
| Sep 2022 | $3,650 | 4 Room | Blk 502 Tampines Central 1 4 Room | Tampines |
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Property information for 502 Tampines Central 1
| Block | : | 502 |
| Street | : | Tampines Central 1 |
| Building | : | Tampines Heart |
| Postal code | : | 520502 |
| Town | : | Tampines |
| Recorded transactions floor area | : | 105 sqm, 121 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Model A |
| Lease commencement | : | 1989 |
| Year completed | : | 1989 |
| Max. Floor | : | 4 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |