Porous NiTi alloys were prepared by powder metallurgy method using NH4HCO3 as space-holder. The effect of sintering temperature on pore characteristic, phase composition and compressive property of porous NiTi alloys was studied by XRD, SEM, EDS and a universal testing machine. The results show with the increase of sintering temperature the porosity of porous NiTi alloys first increases and then decreases, but the content of NiTi phase, compressive strength and modulous of sintered products continuously increase. When sintered at 980°C for 2h, the porous NiTi alloys have higher porosity of 53.6%, better compressive strength of 173.7MPa and elastic modulous of 4.2GPa. The phases of sinter products are mainly composed by TiNi, Ti2Ni, and TiNi3 phases.