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Prices · Tampines · Tampines Street 83 · D18 Tampines

Block 866 Tampines Street 83

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Median, past 12 months
$775,000
$588 psf
Lease remaining
62 years
lease began 1989, runs to 2088
Postal code
520866
worked out, not published

What this block is

AddressBlock 866 Tampines Street 83, Tampines, Singapore 520866
Flat types here4-room, 5-room — on the evidence of 19 sales since Sept 2017, so a type that has never been resold here will not appear
Unit sizes4-room about 1,119 sq ft, 5-room about 1,324 sq ft (1,119 to 1,324 sq ft across the block)
Lease99 years from 1989, expiring 2088 — 62 years left
Floors that have sold1 to 15, so the block stands at least 15 storeys
Flat modelsModel A, Improved
Town and districtTampines, district 18 (Tampines, Pasir Ris)
Compare it withthe rest of Tampines Street 83, 4-room flats across Tampines

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 $1,760 for every month of the 62 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$214,500
Mortgage interest over 25 years$245,656
Running costs over the remaining lease$267,840
Total over the lease$1,309,246
Monthly while repaying$3,116
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 three sales, which is too few to call a market rate.

By flat type

TypeMedianRangeSizepsfSales
4-room$460,000$400,000–$658,0001,119 sq ft40315
5-room$671,500$560,000–$782,8881,324 sq ft5034

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$462,000416 psf2
04 to 06$500,000422 psf7
07 to 09$565,000510 psf3
10 to 12$457,500401 psf4
13 to 15$580,000518 psf3

Year by year

2017$415,000358 psftwo sales
2018$400,000357 psfone sale
2019$419,000378 psftwo sales
2020$490,000404 psftwo sales
2021$500,000422 psfthree sales
2022$480,500425 psftwo sales
2023$572,500514 psftwo sales
2024$592,500527 psftwo sales
2026$775,000588 psfthree sales

19 transactions in all, from Sept 2017 to Sept 2026. The flat models recorded here are Model A, Improved.