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Block 159 Simei Road

4 Room · 5 Room · Built 1989 · 62 years remaining lease · Updated Jan 2026 MOP Cleared

Block 159 Simei Road has 9 recorded HDB resale transactions since 2017. Latest sale: $655,000 (Jan 2026, 4 room, floors 01–03). Median $4,221/sqm. Prices up 44.2% over the past five years. Built 1989, 62 years lease remaining.

Latest Sale
$655,000
Jan 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$4,221
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
▲ +44.2%
Median price change
Median Price ?
Top 75%
#588 / 789 Top 75%
Latest Sale ?
Top 53%
#421 / 789 Top 53%
Value ($/sqm) ?
Top 95%
#750 / 789 Top 95%
5-Year Growth ?
Top 14%
#78 / 566 Top 14%
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
+7.6%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +44.2% growth over 5 years
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 62 years remaining 99 years
62 years 1 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Tampines average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,150–$3,600 6.2% Tampines avg · block too thin
5-Room $3,650 typically $3,400–$3,900 5.3% Tampines avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 01 TO 03 4 ROOM 109 sqm $655,000 $6,009
Jun 2025 04 TO 06 4 ROOM 104 sqm $650,000 $6,250
Oct 2021 01 TO 03 5 ROOM 122 sqm $515,000 $4,221
Sep 2021 01 TO 03 4 ROOM 104 sqm $450,000 $4,327
Jun 2021 04 TO 06 4 ROOM 104 sqm $455,000 $4,375
Nov 2020 04 TO 06 4 ROOM 104 sqm $430,000 $4,135
Jan 2020 01 TO 03 4 ROOM 109 sqm $438,000 $4,018
Aug 2019 01 TO 03 4 ROOM 108 sqm $438,000 $4,056
Jul 2019 01 TO 03 5 ROOM 122 sqm $488,000 $4,000
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 159 Simei Road

Block 159 at Simei Road is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $430,000 to $655,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $655,000 in 2026-01. The current median price per square metre is $4,221. Over the past five years, resale prices at this block have increased by approximately 44.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8818, 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 159 Simei Road worth?

The most recent resale transaction at Block 159 Simei Road was $655,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,221, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 159 Simei Road?

Block 159 Simei Road was built in 1989 and has approximately 62 years and 1 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 159 Simei Road?

Block 159 Simei Road in Tampines contains 4 room, 5 room flats. Resale prices range from $430,000 to $655,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 159 Simei Road gone up or down?

Resale prices at Block 159 Simei Road have increased by approximately 44.2% over the past five years. The current median price is $455,000, with the most recent sale at $655,000 in 2026-01.

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