Sell & Rent Tampines HDB flats

SELL & RENT HDBS IN TAMPINES ESTATE

Tampines (淡滨尼) is Singapore’s first Regional Centre and the largest residential town in the East. Part of the North East CDC, it is well-connected by three MRT stations (Tampines, Tampines East, and Tampines West) on both the East-West and Downtown Lines and major expressways like the PIE and TPE.

Tampines offers residents a self-sufficient lifestyle. Its status as a regional business hub, coupled with its family-friendly environment, makes it one of Singapore’s most sought-after residential areas.

These are some of the HDB subzones in the Tampines estate:

  • Simei
  • Tampines Central
  • Tampines East
  • Tampines West

On a personal note, Tampines holds special significance for me, as it was the location of my first-ever real estate transaction. I had the opportunity to assist a landlady in renting out her Simei 4-room HDB flat to a British professional working at Redhat, marking the start of my journey in real estate.

At that time there weren’t as many flats as there are today.

It wasn’t as crowded as it is now… When we met our friends from other parts of the island, they would say, “Wah you live in Tampines, you ulu type ah.”

Anwar Bin Haji Mawardee

Long-time Tampines resident.

QUICK LINKS

HDB TAMPINES BRANCH OFFICE

7 INTERESTING FACTS ABOUT TAMPINES HDB ESTATE

(a) Historical Name Origin:
Tampines derived its name from the Tempinis tree (Streblus elongatus), which once grew abundantly in the area. This hardy tree species was prized by early settlers for its durable timber, which was extensively used in local construction and furniture-making.

(b) From Rural to Urban:
The area underwent a dramatic transformation from a rural landscape dominated by sand quarries, fruit orchards, and sprawling coconut plantations to become one of Singapore’s most well-planned urban centers. This transformation began in the late 1970s and continues to evolve today.

(c) Pioneering Town Planning:
In 1979, Tampines became Singapore’s first town developed using the precinct concept – an innovative approach to urban planning that grouped residential blocks into smaller neighborhoods. This design helped foster community bonds and create more intimate living spaces within the larger town setting.

(d) International Recognition:
The town’s exceptional urban planning earned it the prestigious World Habitat Award in 1992 from the Building and Social Housing Foundation (BSHF) of the United Nations. The award recognized Tampines as a global exemplar of successful high-density public housing that remains affordable while maintaining high living standards.

(e) Green Innovation:
Tampines was a pioneer in incorporating integrated green spaces into urban design. It features extensive green corridors that preceded Singapore’s modern park connector network, demonstrating early commitment to creating a garden city. These green spaces now form crucial parts of the town’s ecological network and recreational areas.

Sungei Tampines. Photo by DreamyBeluga is licensed under CC BY-SA 4.0

(f) Heritage-Inspired Design:
The town preserves its agricultural heritage through uniquely designed playgrounds that pay homage to its fruit-farming past. These include distinctive watermelon, mangosteen, and pineapple-shaped play structures, which serve both as recreational spaces and as reminders of the area’s history.

Watermelon Park in Tampines. Photo by Adidti is licensed under CC BY-SA 4.0

(g) Economic Hub:
Today, Tampines serves as a major commercial center in the east, anchored by Changi Business Park – Singapore’s largest integrated business park. The park hosts numerous multinational corporations and tech companies, making Tampines not just a residential town but also a significant employment hub.

Are you considering selling, buying or renting out your HDB flat in Tampines?

Or simply curious about the HDB housing scene in Tampines?

Check out the HDB median resale prices and rental statistics for Tampines below.

I will be updating these statistics every quarter.

HOW ARE HDB RESALE PRICES IN TAMPINES?

Quarterly Tampines HDB Median Resale Prices up to Q3 2024

SALE ANALYSIS FOR TAMPINES HDB RESALE FLATS

Note: All prices shown are median resale prices. The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical price than an average would.

(a) RECENT TREND ANALYSIS (2020-2024)

From 2020-Q1 to 2024-Q3, Tampines’ resale market showed strong growth:

3-Room Flats:

  • Starting median price (2020-Q1): $320,000
  • Current median price (2024-Q3): $458,000
  • Median price appreciation: 43.1% in ~4 years

Key Observations:

  • Steady upward trajectory
  • Current price is historical peak

4-Room Flats:

  • Starting median price (2020-Q1): $422,500
  • Current price (2024-Q3): $630,000
  • Median price appreciation: 49.1% in ~4 years

Key Observations:

  • Current price is historical peak
  • Crossed $600,000 mark in 2024-Q1

5-Room Flats:

  • Starting median price (2020-Q1): $535,000
  • Current price (2024-Q3): $730,000
  • Median price appreciation: 36.4% in ~4 years

Key Observations:

  • Current price is historical peak
  • Crossed $700,000 mark in 2024-Q1

Executive Flats:

  • Starting median price (2020-Q1): $680,000
  • Current median price (2024-Q3): $928,000
  • Median price appreciation: 36.5% in ~4 years

Key Observations:

  • Approaching $1 million mark
  • Current price is historical peak

(b) LONG TERM GROWTH (2007-2024)

Overall price changes from earliest data point to 2024-Q3:

3-Room Flats:

  • Starting median price (2007-Q2): $192,000
  • Current median price (2024-Q3): $458,000
  • Total median price appreciation: 138.5%

4-Room Flats:

  • Starting median price (2007-Q2): $263,000
  • Current median price (2024-Q3): $630,000
  • Total median price appreciation: 139.5%

5-Room Flats:

  • Starting median price (2007-Q2): $310,000
  • Current median price (2024-Q3): $730,000
  • Total median price appreciation: 135.5%

Executive Flats:

  • Starting median price (2007-Q2): $399,000
  • – Current median price (2024-Q3): $928,000
  • Total median price appreciation: 132.6%

P.S. HDB provides the median resale price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for the executive HDB flats in Tampines has gaps. There were less than 20 transactions in those quarters.

HIGHEST RESALE PRICE

Highest resale price achieved for the different Tampines HDB flat types in 2024-Q3:

a) HDB 3-room flat: $725,000 @ 131 Simei Street 1

b) HDB 4-room flat: $880,000 @ 519C Tampines Central 8

c) HDB 5-room flat: $988,000 @ 606D Tampines Street 61

d) HDB executive flat: $1,100,000 @ 498D Tampines Street 45

Looking to sell your Tampines HDB flat or explore your upgrading options?

I’ve helped many sellers. I can help you, too.

HOW ARE HDB RENTAL PRICES IN TAMPINES?

Quarterly Tampines HDB Median Rental Prices up to Q3 2024

RENTAL ANALYSIS FOR TAMPINES HDB FLATS

(a) RECENT TREND ANALYSIS (2020-2024)

From 2020-Q1 to 2024-Q3, Tampines’s rental market showed strong growth:

3-Room Flats:

  • 2020-Q1: $1,750 → 2024-Q3: $2,800
  • Increase: +60%

4-Room Flats:

  • 2020-Q1: $2,100 → 2024-Q3: $3,300
  • Increase: +57.1%

5-Room Flats:

  • 2020-Q1: $2,275 → 2024-Q3: $3,530
  • Increase: +55.2%

Executive Flats:

  • 2020-Q1: $2,400 → 2024-Q3: $4,000
  • Increase: +66.7%

Key Observations:

  • Steepest rise began in 2022 due to post-pandemic demand
  • Executive flats flats saw highest percentage increase
  • Rental gaps range from $230 to $500 between flat types
  • Intermittent executive flat transactions

(b) LONG TERM GROWTH (2007-2024)

Overall price changes from earliest data point to 2024-Q3:

3-Room Flats:

  • 2007-Q2: $1,000 → 2024-Q3: $2,800
  • Total Growth: +180%

4-Room Flats:

  • 2007-Q2: $1,200 → 2024-Q3: $3,300
  • Total Growth: +175%

5-Room Flats:

  • 2007-Q2: $1,300 → 2024-Q3: $3,530
  • Total Growth: +171.5%

Executive Flats:

  • 2007-Q2: $1,592 → 2024-Q3: $4,000
  • Total Growth: +151.3%

P.S. HDB provides the median rental price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for the executive HDB flats in Tanmpines has some gaps. There were less than 20 transactions in those quarters.

HIGHEST RENT

Highest rent achieved for the different Tampines HDB flat types in 2024-Q3:

a) HDB 3-room flat: $3,400 @ 275 Tampines Street 22

b) HDB 4-room flat: $4,300 @ multiple locations

c) HDB 5-room flat: $6,400 @ 216 Tampines Street 23

d) HDB executive flat: $6,000 @ 859D Tampines Walk

Looking to rent out your Tampines HDB flat or explore your options?

I’ve helped many landlords. I can help you, too.

Check out the sales & rental trends in other HDB towns in Singapore.

4.9
google
Julie Lim
17/09/2024

Jack is a straightforward guy who can lets me know if things can or cannot be done. He tries to do his best for both tenant and landlord so that we all meet middle ground. Thanks Jack!

google
Joey Sio
30/08/2024

I'm truly grateful for my experience working with Jack Sheo. I found his website while searching for a Singapore property agent to help sell my property, and I couldn't have made a better choice. From our first meeting, Jack's knowledge and professionalism stood out. He has a wonderful way of making you feel at ease. Talking with him felt like discussing my property with a knowledgeable friend who genuinely cared about my needs. His insights were valuable, and I appreciated that he never pressured me. Throughout the entire selling process, Jack was an invaluable guide. He patiently walked me through each step, turning what could have been a stressful experience into a manageable journey. When he learned I was overwhelmed with work, he even arranged for my furniture disposal. A gesture that genuinely touched me. Reading other reviews, I see that my positive experience isn't unique. Jack consistently delivers excellent service to his clients. I'm so thankful for my smooth and positive property sale experience. Jack, you're truly exceptional at what you do. Thank you for making this process so much easier and more pleasant than I ever expected. If you're in need of a property agent in Singapore, I wholeheartedly recommend Jack Sheo. His dedication and expertise made all the difference in my experience, and I'm confident he'll do the same for you.

google

Jack was very helpful & responsive with the Singapore real estate questions that I had. It was a pleasure talking to him.

google
Ling Ai Khing
10/08/2024

Let me start by saying Jack isn't a typical Singapore property agent. I didn't feel any pressure from him, which isn't typical of property agents. He's been very proactive & professional in assisting me with the sale & rental of my property. Always helpful with suggestions & advice that are backed up by sound analysis of the situation and the real estate market. I have full confidence recommending him to anyone in need of a property agent in Singapore.

google
付燕
24/07/2024

耐心细致地为买房者的权益护航

google
Chloe Chow
18/07/2024

I had the pleasure to work with Jack for rental of our home and I couldn't be happier with the experience. From start to finish, Jack demonstrated exceptional professionalism, dedication and market knowledge. Jack took the time to understand our requirements ensuring that the tenant who viewed were good fit. He is always available to answer my doubts and questions, provide insights and offer invaluable advice. What truly set Jack apart was his commitment to making the process as smooth and stress free as possible. He handled all details in great care from arranging for viewings, negotiating term and finalizing the paper work. He also went the extra mile to help us tie up loose ends after we have left SG. I highly recommend Jack to anyone in need for a top notch real estate consultant/agent.

Contact Jack Sheo

WHAT BRINGS YOU HERE TODAY?

Are you wondering what to do in today’s market?

Perhaps you already have a clear mind of what you want to do?

In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.

Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience.