Block 242 Tampines St 21
242 Tampines St 21, Singapore 521242
Block 242 Tampines St 21 is an HDB block in Tampines, completed in 1984, with 32 dwelling units. Across 48 resales on record, 3-Room flats have recently resold around S$365k (S$480 psf, 67 sqm). The lease has approximately 59 years remaining.
What are the key facts about Block 242 Tampines St 21?
Block 242 Tampines St 21 is an HDB block in Tampines, completed in 1984, with 32 dwelling units.
- Town
- Tampines
- Planning area
- Tampines
- Completed
- 1984
- Storeys
- 4
- Total units
- 32
- Flat model
- New Generation
- Market segment
- OCR
- Median resale
- S$365k
- Last transacted
- May 2025
- Remaining lease
- ≈ 59 years
What are resale prices at Block 242 Tampines St 21?
3-Room flats have recently resold around S$365k (S$480 psf), from 48 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 28 | S$183,000recent | 67 sqm | S$254 psf |
| 4-Room | 20 | S$273,000recent | 93 sqm | S$273 psf |
Live now: 0 flats listed for sale at this block and 2 for rent — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through May 2025.
What rent and yield does Block 242 Tampines St 21 get?
Flats at Block 242 Tampines St 21 have recently sublet for a median of S$2,150/mo, an indicative gross rental yield of about 7.1% (from 16 recent rental contracts).
Median rent
S$2,150/mo
16 recent contracts
Gross rental yield
7.1%
indicative, gross
Annual rent
S$25,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 3 | S$1,710/mo |
| 3-Room | 13 | S$3,000/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Feb 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 242 Tampines St 21?
Block 242 Tampines St 21 has 48 recorded resales; the most recent transacted at S$645,000 in May 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| May 2025 | 4-Room | 01 TO 03 | 97 sqm | S$645,000 |
| Apr 2025 | 3-Room | 04 TO 06 | 67 sqm | S$495,000 |
| Nov 2023 | 4-Room | 01 TO 03 | 97 sqm | S$550,000 |
| Jan 2023 | 4-Room | 01 TO 03 | 91 sqm | S$530,000 |
| Nov 2021 | 3-Room | 04 TO 06 | 67 sqm | S$375,000 |
| Aug 2021 | 3-Room | 01 TO 03 | 67 sqm | S$365,000 |
| Jul 2017 | 4-Room | 04 TO 06 | 93 sqm | S$480,000 |
| Apr 2017 | 3-Room | 01 TO 03 | 72 sqm | S$342,000 |
| Aug 2010 | 3-Room | 01 TO 03 | 67 sqm | S$325,000 |
| Sept 2009 | 4-Room | 01 TO 03 | 91 sqm | S$350,000 |
| Jul 2009 | 3-Room | 01 TO 03 | 67 sqm | S$300,000 |
| Oct 2006 | 3-Room | 01 TO 03 | 67 sqm | S$183,000 |
What flat types are in Block 242 Tampines St 21?
Block 242 Tampines St 21 has 32 units, mostly 3-Room flats of the New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 242 Tampines St 21?
Block 242 Tampines St 21 is an HDB block in Tampines.
Block 242 Tampines St 21 is an HDB block located along Tampines St 21. The block is recorded as completed around 1984, with up to 4 storeys. It has an estimated 32 residential units based on the HDB property information dataset. Flat types in the block include 3-room and 4-room units.
The address is Block 242 Tampines St 21, Singapore 521242. It is part of District 18, Tampines / Pasir Ris, the Tampines planning area. The block falls within the East Region and the OCR market segment.
The nearest rail connection is Tampines East MRT, approximately 926m away, around 14 minutes on foot. Nearby amenities include Tampines 1 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Hawker Centre @ Our Tampines Hub for food options, Sun Plaza Pk for greenery and recreation, Tampines Polyclinic for polyclinic services, and Tampines North Community Club for community facilities.
How far is Block 242 Tampines St 21 from MRT and schools?
The nearest MRT/LRT to Block 242 Tampines St 21 is Tampines MRT, about 926 m away (~15 min walk). 7 schools are within 1 km, including 5 primary schools.
Getting around
- Tampines MRT926 m · ~15 min
- Tampines East MRT926 m · ~15 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Pasir Ris Secondary SchoolSecondary schoolwithin 1 km265 m
- Gongshang Primary SchoolPrimary schoolwithin 1 km · P1 priority454 m
- Yumin Primary SchoolPrimary schoolwithin 1 km · P1 priority528 m
- Tampines Primary SchoolPrimary schoolwithin 1 km · P1 priority554 m
- Tampines Secondary SchoolSecondary schoolwithin 1 km591 m
- Chongzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority651 m
- Tampines North Primary SchoolPrimary schoolwithin 1 km · P1 priority754 m
- Junyuan Primary SchoolPrimary school1.1 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 242 Tampines St 21?
Buying a flat at Block 242 Tampines St 21 (~S$365k) needs about S$2,910/mo in income and S$1,370/mo in repayments, after S$5,550 stamp duty and a S$91k downpayment.
Illustrative, for a buyer at the recent median resale price (S$365k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$5,550
BSD, tiered
Downpayment (25%)
S$91k
cash + CPF
Monthly instalment
S$1,370/mo
25y @ 3.5%
Income required
S$2,910/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 242 Tampines St 21? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 242 Tampines St 21 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 242 Tampines St 21
How much does a 3-Room flat at Block 242 Tampines St 21 cost?⌄
3-Room flats at Block 242 Tampines St 21 have recently resold for a median of about S$365k (S$480 psf), from 48 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 242 Tampines St 21 by flat type?⌄
3-Room ≈ S$183k; 4-Room ≈ S$273k (median resale, HDB caveats).
Is Block 242 Tampines St 21 worth buying given its remaining lease?⌄
Block 242 Tampines St 21 has about 59 years left on its 99-year lease (completed 1984). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 242 Tampines St 21?⌄
Gross rental yield at Block 242 Tampines St 21 is about 7.1%, based on a median subletting rent of about S$2,150/mo against a resale price of about S$365k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 242 Tampines St 21?⌄
For a flat at about S$365k on a 25-year HDB-style loan, you'd need roughly S$2,910/mo in household income, with repayments around S$1,370/mo after a S$91k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 242 Tampines St 21?⌄
The nearest MRT/LRT station to Block 242 Tampines St 21 is Tampines MRT, about 926 m away (~15 min walk).
Which primary schools are within 1 km of Block 242 Tampines St 21?⌄
Gongshang Primary School, Yumin Primary School, Tampines Primary School, Chongzheng Primary School are within 1 km of Block 242 Tampines St 21 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.