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Block 156 Simei Road

4 Room · 5 Room · Built 1989 · 61 years remaining lease MOP Cleared
Latest Sale
$750,000
Apr 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$4,856
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 37%
#289 / 787 Top 37%
Latest Sale ?
Top 33%
#262 / 787 Top 33%
Value ($/sqm) ?
Top 55%
#432 / 787 Top 55%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 61 years remaining 99 years
61 years 11 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.47%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 04 TO 06 5 ROOM 122 sqm $750,000 $6,148
Mar 2026 04 TO 06 5 ROOM 122 sqm $760,000 $6,230
Jun 2025 07 TO 09 5 ROOM 122 sqm $775,000 $6,352
Dec 2024 07 TO 09 5 ROOM 121 sqm $775,000 $6,405
Aug 2024 10 TO 12 4 ROOM 104 sqm $620,000 $5,962
Mar 2024 04 TO 06 5 ROOM 122 sqm $650,000 $5,328
Feb 2024 07 TO 09 4 ROOM 104 sqm $600,000 $5,769
Oct 2023 01 TO 03 5 ROOM 122 sqm $635,000 $5,205
Jun 2022 07 TO 09 4 ROOM 104 sqm $508,888 $4,893
Apr 2022 01 TO 03 5 ROOM 121 sqm $560,000 $4,628
Jan 2022 07 TO 09 5 ROOM 121 sqm $583,000 $4,818
Jul 2021 01 TO 03 4 ROOM 104 sqm $422,000 $4,058
Apr 2021 07 TO 09 4 ROOM 104 sqm $445,000 $4,279
Dec 2020 10 TO 12 5 ROOM 122 sqm $515,000 $4,221
Nov 2020 04 TO 06 5 ROOM 122 sqm $490,000 $4,016
Jul 2020 04 TO 06 5 ROOM 122 sqm $488,000 $4,000
Sep 2018 01 TO 03 5 ROOM 122 sqm $455,000 $3,730
Apr 2017 04 TO 06 5 ROOM 121 sqm $555,000 $4,587
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 156 Simei Road

Block 156 at Simei Road is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $422,000 to $775,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $750,000 in 2026-04. The current median price per square metre is $4,856. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8812, with an annual lease decay rate of approximately 0.47%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 156 Simei Road worth?

The most recent resale transaction at Block 156 Simei Road was $750,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,856, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 156 Simei Road?

Block 156 Simei Road was built in 1989 and has approximately 61 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 156 Simei Road?

Block 156 Simei Road in Tampines contains 4 room, 5 room flats. Resale prices range from $422,000 to $775,000 based on historical transaction records from data.gov.sg.

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