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Prices · Pasir Ris · Pasir Ris Street 72 · D18 Tampines

Block 721 Pasir Ris Street 72

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Median, past 12 months
$690,000
$509 psf
Lease remaining
69 years
lease began 1996, runs to 2095
Postal code
510721
worked out, not published

What this block is

AddressBlock 721 Pasir Ris Street 72, Pasir Ris, Singapore 510721
Flat types here4-room, 5-room — on the evidence of 14 sales since Sept 2018, so a type that has never been resold here will not appear
Unit sizes4-room about 1,119 sq ft, 5-room about 1,356 sq ft (1,119 to 1,356 sq ft across the block)
Lease99 years from 1996, expiring 2095 — 69 years left
Floors that have sold1 to 12, so the block stands at least 12 storeys
Flat modelsImproved, Model A
Town and districtPasir Ris, district 18 (Tampines, Pasir Ris)
Compare it withthe rest of Pasir Ris Street 72, 5-room flats across Pasir Ris

Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.

What a flat here really costs each month

Bought at the median price, a flat in this block works out at $1,479 for every month of the 69 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.

It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.

Cash needed up front$190,700
Mortgage interest over 25 years$218,713
Running costs over the remaining lease$298,080
Total over the lease$1,224,993
Monthly while repaying$2,814
Monthly once repaid$360

Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.

The median above is based on just five sales, which is too few to call a market rate.

By flat type

TypeMedianRangeSizepsfSales
4-room$390,000$390,000–$390,0001,119 sq ft3481
5-room$665,000$500,000–$745,0001,356 sq ft49013

By floor

Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.

01 to 03$655,000481 psf4
04 to 06$581,500432 psf4
07 to 09$672,594494 psf4
10 to 12$645,000483 psf2

Year by year

2018$390,000348 psfone sale
2019$500,000375 psfone sale
2020$545,000408 psfone sale
2021$512,500381 psftwo sales
2022$666,500494 psftwo sales
2023$680,188498 psfone sale
2024$665,000490 psfone sale
2025$690,000509 psfone sale
2026$699,000515 psffour sales

14 transactions in all, from Sept 2018 to Oct 2026. The flat models recorded here are Improved, Model A.