HDBOCRTampines

242 Tampines St 21

HDB block in Tampines, Singapore 521242

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2026 (HDB)
Quick Summary

242 Tampines St 21 is an HDB block in Tampines, completed in 1984, with 32 dwelling units. Across 49 resales on record, 3-Room flats have recently resold around S$375k (S$506 psf, 67 sqm). The lease has approximately 57 years remaining.

1

What are the key facts about 242 Tampines St 21?

Key Takeaway

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$375k
Last transacted
Jul 2026
Remaining lease
≈ 57 years
2

What are resale prices at 242 Tampines St 21?

Key Takeaway

3-Room flats have recently resold around S$375k (S$506 psf), from 49 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
3-Room29S$300,000recent67 sqmS$416 psf
4-Room20S$273,000recent93 sqmS$273 psf

Live now: 0 flats listed for sale at this block and 3 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 Jul 2026.

3

What rent and yield does 242 Tampines St 21 get?

Key Takeaway

Flats at 242 Tampines St 21 have recently sublet for a median of S$2,150/mo, an indicative gross rental yield of about 6.9% (from 16 recent rental contracts).

Median rent

S$2,150/mo

16 recent contracts

Gross rental yield

6.9%

indicative, gross

Annual rent

S$25,800

median × 12 months

Flat typeContractsMedian rent
4-Room3S$1,710/mo
3-Room13S$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.

4

What has recently sold at 242 Tampines St 21?

Key Takeaway

242 Tampines St 21 has 49 recorded resales; the most recent transacted at S$470,000 in Jul 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jul 20263-Room01 TO 0367 sqmS$470,000
May 20254-Room01 TO 0397 sqmS$645,000
Apr 20253-Room04 TO 0667 sqmS$495,000
Nov 20234-Room01 TO 0397 sqmS$550,000
Jan 20234-Room01 TO 0391 sqmS$530,000
Nov 20213-Room04 TO 0667 sqmS$375,000
Aug 20213-Room01 TO 0367 sqmS$365,000
Jul 20174-Room04 TO 0693 sqmS$480,000
Apr 20173-Room01 TO 0372 sqmS$342,000
Aug 20103-Room01 TO 0367 sqmS$325,000
Sept 20094-Room01 TO 0391 sqmS$350,000
Jul 20093-Room01 TO 0367 sqmS$300,000
5

What flat types are in 242 Tampines St 21?

Key Takeaway

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.

3-Room: 164-Room: 16
6

Where is 242 Tampines St 21?

Key Takeaway

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.

7

How far is 242 Tampines St 21 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to 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

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

Mall: Tampines 1 · 170 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 170 mHawker centre: Hawker Centre @ Our Tampines Hub · 694 mPark: Sun Plaza Pk · 612 m

Straight-line distances from the block. Source: PropKaki amenities data.

8

What does it cost to buy a flat at 242 Tampines St 21?

Key Takeaway

Buying a flat at 242 Tampines St 21 (~S$375k) needs about S$2,989/mo in income and S$1,408/mo in repayments, after S$5,850 stamp duty and a S$94k downpayment.

Illustrative, for a buyer at the recent median resale price (S$375k) — 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$5,850

BSD, tiered

Downpayment (25%)

S$94k

cash + CPF

Monthly instalment

S$1,408/mo

25y @ 3.5%

Income required

S$2,989/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? →

Keep going in the PropKaki app

Eyeing 242 Tampines St 21? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at 242 Tampines St 21 sold for recently?

Recent sales at 242 Tampines St 21 land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about 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$375k (S$506 psf), from 49 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$300k; 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 57 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 6.9%, based on a median subletting rent of about S$2,150/mo against a resale price of about S$375k. 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$375k on a 25-year HDB-style loan, you'd need roughly S$2,989/mo in household income, with repayments around S$1,408/mo after a S$94k 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.