How Much Is a Flat at Block 723 Tampines St 72 Worth?

4 Room, 5 Room · Built 1997 · 71 years 02 months remaining MOP Cleared

Latest Sale

$840,000

2025-03 · 5 Room

Median $/sqm

$4,812

Based on 24 txns

Total Txns

24

Since data available

5-Yr Trend

▲32.8%

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

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Lease Clock

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0 yrs 71 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 71 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 24 total

Date Floor Type sqm Price $/sqm
2025-03 13 TO 15 5 Room 120 $840,000 $7,000
2024-08 04 TO 06 5 Room 119 $690,000 $5,798
2024-06 07 TO 09 5 Room 119 $695,000 $5,840
2024-03 10 TO 12 5 Room 119 $735,888 $6,184
2024-01 04 TO 06 5 Room 120 $662,000 $5,517
2023-11 10 TO 12 5 Room 119 $730,000 $6,134
2022-11 07 TO 09 5 Room 119 $680,000 $5,714
2022-09 07 TO 09 4 Room 99 $552,000 $5,576
2022-08 04 TO 06 5 Room 119 $630,000 $5,294
2022-06 07 TO 09 4 Room 99 $508,000 $5,131
2021-06 10 TO 12 5 Room 119 $600,000 $5,042
2021-01 10 TO 12 5 Room 119 $555,000 $4,664
2020-12 13 TO 15 5 Room 119 $585,000 $4,916
2020-11 04 TO 06 5 Room 120 $550,000 $4,583
2020-10 13 TO 15 4 Room 99 $440,000 $4,444
2019-12 04 TO 06 5 Room 120 $512,000 $4,267
2019-07 04 TO 06 5 Room 119 $520,000 $4,370
2019-06 01 TO 03 5 Room 119 $484,000 $4,067
2019-05 10 TO 12 5 Room 119 $500,000 $4,202
2018-09 01 TO 03 5 Room 119 $510,000 $4,286
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About Block 723 Tampines St 72

Block 723 at Tampines St 72 is a residential HDB block in Tampines, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 Room, 5 Room flats, with resale prices ranging from $442,000 to $585,000 based on 24 recorded transactions. The most recent transaction was a 5 Room flat (storeys 13–15) that sold for $840,000 in Mar 2025. The current median price per square metre is $4,812. Over the past five years, resale prices have risen by approximately 32.8%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 723 has 70 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 723 Tampines St 72?

Based on 24 recorded transactions, the median resale price ranges from $442,000 (4 Room) to $585,000 (5 Room). The most recent sale was $840,000 in 2025-03.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $442,000 (all-time)
5 Room $695,000

What is my flat worth at Block 723?

The overall median resale price at Block 723 Tampines St 72 is $695,000. Prices have risen 32.8% over the past 5 years.

How active is the resale market at Block 723?

Block 723 has recorded 24 resale transactions — roughly 1.0 sales per month over the past 24 months. The latest transaction closed in 2025-03.

What flat types are available at Block 723?

Block 723 Tampines St 72 has 4 Room, 5 Room units. Median prices range from $442,000 to $585,000.

How much can I unlock to upgrade if I sell my HDB at Block 723?

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 723?

Block 723 was built in 1997 with a 99-year lease. It has approximately 71 years 02 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 $695,000 $14,480 to $15,980