How Much Is a Flat at Block 940 Tampines Ave 5 Worth?

Executive · Built 1989 · 63 years 06 months remaining MOP Cleared

Latest Sale

$990,000

2024-12 · Executive

Median $/sqm

$5,774

Based on 24 txns

Total Txns

24

Since data available

5-Yr Trend

▲29.1%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

3.1 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Act Soon
0 yrs 63 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 63 years of lease left. A buyer who purchases today and waits out their 5-year MOP will be selling a flat under 60 years — which means their buyers face CPF and loan limits. Savvy buyers know this. It shrinks your pool and puts downward pressure on price.

An experienced agent can help you find motivated buyers and close before this becomes a bigger factor.

Transaction History 24 total

Date Floor Type sqm Price $/sqm
2024-12 07 TO 09 Executive 145 $990,000 $6,828
2024-12 04 TO 06 Executive 146 $1,100,000 $7,534
2024-09 04 TO 06 Executive 146 $960,288 $6,577
2024-06 01 TO 03 Executive 146 $960,000 $6,575
2023-10 07 TO 09 Executive 142 $925,000 $6,514
2023-09 04 TO 06 Executive 146 $918,000 $6,288
2023-06 07 TO 09 Executive 146 $900,000 $6,164
2022-09 07 TO 09 Executive 146 $925,000 $6,336
2022-08 01 TO 03 Executive 146 $860,000 $5,890
2022-07 07 TO 09 Executive 142 $835,000 $5,880
2022-06 01 TO 03 Executive 146 $856,888 $5,869
2022-04 04 TO 06 Executive 146 $848,000 $5,808
2022-01 01 TO 03 Executive 146 $802,000 $5,493
2021-10 04 TO 06 Executive 146 $838,000 $5,740
2021-04 07 TO 09 Executive 142 $745,000 $5,246
2020-12 01 TO 03 Executive 146 $700,000 $4,795
2020-08 01 TO 03 Executive 142 $680,000 $4,789
2020-08 04 TO 06 Executive 146 $700,000 $4,795
2020-06 04 TO 06 Executive 146 $675,000 $4,623
2020-01 01 TO 03 Executive 146 $695,000 $4,760
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About Block 940 Tampines Ave 5

Block 940 at Tampines Ave 5 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains Executive flats. The most recent transaction was a Executive flat (storeys 07–09) that sold for $990,000 in Dec 2024. The current median price per square metre is $5,774. Over the past five years, resale prices have risen by approximately 29.1%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 940 has 62 years left, meaning buyers face no financing restrictions.

All data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is a flat at Block 940 Tampines Ave 5?

Based on 24 recorded transactions, the median resale price is $975,144. The most recent sale was $990,000 in 2024-12.

Median by flat type (last 24 months)

Flat Type Most Recent Median
Executive $975,144

What is my flat worth at Block 940?

The overall median resale price at Block 940 Tampines Ave 5 is $975,144. Prices have risen 29.1% over the past 5 years.

How active is the resale market at Block 940?

Block 940 has recorded 24 resale transactions — roughly 1.0 sales per month over the past 24 months. The latest transaction closed in 2024-12.

What flat types are available at Block 940?

Block 940 Tampines Ave 5 has Executive units.

How much can I unlock to upgrade if I sell my HDB at Block 940?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 940?

Block 940 was built in 1989 with a 99-year lease. It has approximately 63 years 06 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Seller stamp duty None (after MOP)
Total (est.) on $975,144 $20,083 to $21,583