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Prices · Tampines · Tampines Street 81 · D18 Tampines

Block 889 Tampines Street 81

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Median, past 12 months
$1,010,000
$630 psf
Lease remaining
62 years
lease began 1989, runs to 2088
Postal code
520889
worked out, not published

What this block is

AddressBlock 889 Tampines Street 81, Tampines, Singapore 520889
Flat types hereExecutive — on the evidence of 36 sales since Aug 2017, so a type that has never been resold here will not appear
Unit sizesExecutive about 1,572 sq ft
Lease99 years from 1989, expiring 2088 — 62 years left
Floors that have sold1 to 12, so the block stands at least 12 storeys
Flat modelsMaisonette, Apartment
Town and districtTampines, district 18 (Tampines, Pasir Ris)
Compare it withthe rest of Tampines Street 81, Executive 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 $2,185 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$280,400
Mortgage interest over 25 years$320,145
Running costs over the remaining lease$267,840
Total over the lease$1,625,885
Monthly while repaying$3,952
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
Executive$757,500$585,000–$1,048,8881,572 sq ft47236

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$721,500461 psf12
04 to 06$730,000465 psf13
07 to 09$777,500497 psf4
10 to 12$765,000487 psf7

Year by year

2017$642,500398 psftwo sales
2018$615,000391 psftwo sales
2019$703,000428 psffive sales
2020$702,500437 psfsix sales
2021$730,000465 psffive sales
2022$800,000515 psfsix sales
2024$925,000589 psftwo sales
2025$948,000611 psffive sales
2026$1,010,000630 psfthree sales

36 transactions in all, from Aug 2017 to Aug 2026. The flat models recorded here are Maisonette, Apartment.