How Much Is a Flat at Block 505 Tampines Ctrl 1 Worth?

4 Room, 5 Room · Built 1989 · 64 years remaining MOP Cleared

Last updated: 15 Jun 2026

Latest Sale

$785,000

2024-09 · 4 Room

Median $/sqm

$4,885

Based on 12 txns

Total Txns

12

Since data available

5-Yr Trend

▲35.9%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

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 64 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 64 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 12 total

Date Floor Type sqm Price $/sqm
2024-09 04 TO 06 4 Room 111 $785,000 $7,072
2024-01 07 TO 09 4 Room 111 $720,000 $6,486
2023-08 07 TO 09 4 Room 96 $595,000 $6,198
2023-05 04 TO 06 4 Room 103 $585,000 $5,680
2022-12 01 TO 03 5 Room 121 $700,000 $5,785
2020-12 01 TO 03 4 Room 109 $520,000 $4,771
2020-10 04 TO 06 4 Room 105 $480,000 $4,571
2020-07 01 TO 03 4 Room 103 $463,000 $4,495
2019-07 07 TO 09 4 Room 103 $515,000 $5,000
2019-06 01 TO 03 5 Room 122 $550,000 $4,508
2019-04 04 TO 06 4 Room 113 $520,000 $4,602
2018-03 04 TO 06 4 Room 113 $510,000 $4,513
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About Block 505 Tampines Ctrl 1

Flats at Block 505 Tampines Ctrl 1 have historically sold at a median of $5,307/sqm, with 12 transactions on record.

The block is a 7-minute walk from Tampines MRT Station (534m) and is near Century Square mall (295m, 4 min walk). It is also near Gongshang Primary School (775m, 10 min walk), Tampines North Primary School (1205m, 15 min walk), and Tampines Primary School (865m, 11 min walk).

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

What's Near Block 505 Tampines Ctrl 1?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

TAMPINES MRT STATION 534m · 7 min

Nearby Schools

GONGSHANG PRIMARY SCHOOL 775m · 10 min
TAMPINES NORTH PRIMARY SCHOOL 1205m · 15 min
TAMPINES PRIMARY SCHOOL 865m · 11 min

Hawker Centres

Hawker Centre @ Our Tampines Hub 856m · 11 min

Shopping Malls

Century Square 582m · 7 min
Tampines Mall 568m · 7 min

Parks

SUN PLAZA PK 782m · 10 min
TAMPINES BOULEVARD PARK 1211m · 15 min

Community Facilities

Tampines Polyclinic 553m · 7 min
Tampines North CC (U/C) 533m · 7 min
Tampines Library 871m · 11 min

Other Blocks on Tampines Ctrl 1

Block 509 Tampines Ctrl 1 Block 503 Tampines Ctrl 1 Block 508 Tampines Ctrl 1

Frequently Asked Questions

How much is a flat at Block 505 Tampines Ctrl 1?

Based on 12 recorded transactions, the median resale price ranges from $520,000 (4 Room) to $625,000 (5 Room). The most recent sale was $785,000 in 2024-09.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $785,000
5 Room $625,000 (all-time)

What is my flat worth at Block 505?

The overall median resale price at Block 505 Tampines Ctrl 1 is $785,000. Prices have risen 35.9% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 505?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 505 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 505?

Block 505 has recorded 12 resale transactions — roughly 0.5 sales per month over the past 24 months. The latest transaction closed in 2024-09.

What flat types are available at Block 505?

Block 505 Tampines Ctrl 1 has 4 Room, 5 Room units. Median prices range from $520,000 to $625,000.

How much can I unlock to upgrade if I sell my HDB at Block 505?

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 505?

Block 505 was built in 1989 with a 99-year lease. It has approximately 64 years remaining.

Does Block 505's remaining lease affect its resale value?

At 62 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 505 Tampines Ctrl 1?

Flats at Block 505 Tampines Ctrl 1 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

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
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $785,000 excl. levy $16,280 to $17,780