Blk 508 Tampines Central 1
About 508 Tampines Ctrl 1
508 Tampines Central 1 comprises 4 room HDB blocks and is located in Tampines. It was completed in year 1989 and the lease commenced in 1989. The remaining lease period with HDB is therefore approximately 71 years 04 months.
The highest floor for this block is 4. The unit floor size are 103, 105, 107, 109 and 114sqm, based on past transactions data. The latest resale transaction was in Jun 2024 and the highest transacted price was recorded in Jun 2024 for a 4 room unit at $730,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 508, including Gongshang Primary School, Tampines Primary School and Yumin Primary School.
For secondary education, the nearby schools include Pasir Ris Secondary School and Tampines Secondary School.
Block 508 is also well-connected to public transportation, with several MRT stations close by, including Tampines MRT Station (EW2) and Tampines MRT Station (DT32).
There are also 9 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $518,000 | $599,333 | $730,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,400 | $3,075 | $3,750 | 2 |
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 units at 508 Tampines Central 1.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years 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 508 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 501 | $613,333 | $600,000 | $630,000 | 3 |
| 502 | $650,000 | $650,000 | $650,000 | 1 |
| 503 | $578,750 | $500,000 | $642,000 | 4 |
| 505 | $633,333 | $585,000 | $720,000 | 3 |
| 508 | $599,333 | $518,000 | $730,000 | 3 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 502 | $645,000 | $645,000 | $645,000 | 1 |
| 503 | $768,888 | $768,888 | $768,888 | 1 |
| 505 | $700,000 | $700,000 | $700,000 | 1 |
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 508 Tampines Central 1, with the latest one recorded in Jun 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jun 2024 | $730,000 | $6,404 | 4 Room | Blk 508 Tampines Central 1 4 Room / 114 sqm | 01 to 03 | 114 sqm | Model A | 1989 |
| Feb 2022 | $550,000 | $5,238 | 4 Room | Blk 508 Tampines Central 1 4 Room / 105 sqm | 01 to 03 | 105 sqm | Model A | 1989 |
| Jan 2022 | $518,000 | $5,029 | 4 Room | Blk 508 Tampines Central 1 4 Room / 103 sqm | 01 to 03 | 103 sqm | Model A | 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 units at 508 Tampines Central 1.
- 4 room rental : Stable trend
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 2 rental transactions in the last 3 years for units in block 508 Tampines Central 1. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $3,750 | 4 Room | Blk 508 Tampines Central 1 4 Room | Tampines |
| Aug 2022 | $2,400 | 4 Room | Blk 508 Tampines Central 1 4 Room | Tampines |
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Property information for 508 Tampines Central 1
| Block | : | 508 |
| Street | : | Tampines Central 1 |
| Building | : | Tampines Heart |
| Postal code | : | 520508 |
| Town | : | Tampines |
| Recorded transactions floor area | : | 103 sqm, 105 sqm, 107 sqm, 109 sqm, 114 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | 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 |