938 Tampines Avenue 5 520938, Tampines West, East Region, Singapore
$1,288,000














An executive maisonette turned into a dream home with quality fixtures & finishings Fully renovated in 2021, including pipes & wirings, and with wet and dry kitchen. Reconfigured to functional space in every corner. (Estimated around $200k) 3 bedrooms + 1 study 2 stores Mins walk to tampines west MRT Wet mkt at street 11 (mins walk) 10mins walk or 1 bus stop to tampines Hub Preschool/kindergarten at void deck Playground blk 939 Mini mart at blk 912 7 eleven at blk 915 Many eateries nearby: Coffee shops blk 915 & 929 Popular foods at blk 802 (next to Tampines West MRT station) -king of fried rice, hokkien mee, frog porridge, three’s a crowd waffles ice cream Primary schools within 1km : St Hilda’s Primary School Chongzheng Primary School Junyuan Primary School Tampines Primary School Yumin Primary School Malays not eligible for Sept 2025 For viewings, contact Charlotte 9737XXXX
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg)
Fair Value
S$888,357
S$565 psf
Asking Price
S$1.29M
S$820 psf
vs Market
+45.0%
vs Last Done
+11.3%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Tampines West
410m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$650
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$565
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 938 TAMPINES AVE 5 Floor 04 TO 06 | 1,572sqft | S$1,158,000 | ▲S$737 +30.4% vs FV | 99yr from 1988 |
Jan 2026 | Blk 938 TAMPINES AVE 5 Floor 04 TO 06 | 1,572sqft | S$1,158,000 | ▲S$737 +30.4% vs FV | 99yr from 1988 |
Jul 2025 | Blk 938 TAMPINES AVE 5 Floor 07 TO 09 | 1,572sqft | S$1,000,000 | ▲S$636 +12.6% vs FV | 99yr from 1988 |
Apr 2025 | Blk 938 TAMPINES AVE 5 Floor 04 TO 06 | 1,528sqft | S$955,888 | ▲S$625 +10.6% vs FV | 99yr from 1988 |
Oct 2024 | Blk 938 TAMPINES AVE 5 Floor 04 TO 06 | 1,572sqft | S$945,000 | ▲S$601 +6.4% vs FV | 99yr from 1988 |
Blk 938 TAMPINES AVE 5
Jan 2026 · Floor 04 TO 06
+30.4% vs FV
Blk 938 TAMPINES AVE 5
Jan 2026 · Floor 04 TO 06
+30.4% vs FV
Blk 938 TAMPINES AVE 5
Jul 2025 · Floor 07 TO 09
+12.6% vs FV
Blk 938 TAMPINES AVE 5
Apr 2025 · Floor 04 TO 06
+10.6% vs FV
Blk 938 TAMPINES AVE 5
Oct 2024 · Floor 04 TO 06
+6.4% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $888,357, equating to a price per square foot (PSF) of $565. This valuation presents a significant market signal, as it is positioned 45% above the baseline, indicating a strong premium compared to comparable properties in the area. Such a disparity may be reflective of unique attributes associated with this specific unit or the demand dynamics prevalent in the Tampines precinct, known for its robust community amenities and access to transport hubs.
However, the model confidence in this valuation remains low, primarily due to the limited data pool derived from only four recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to potential fluctuations in market sentiment and pricing accuracy. It is crucial for prospective buyers and investors to consider the implications of the remaining lease on long-term value appreciation, as HDB properties with shorter leases may face decreased attractiveness in the future. Overall, while the current valuation suggests a premium positioning, stakeholders must navigate the nuanced market landscape with caution, keeping in mind the broader economic factors influencing housing demand and supply in Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.