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Block 163 Simei Road

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$728,000
Apr 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$4,742
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +36.1%
Median price change
Median Price ?
Top 43%
#340 / 787 Top 43%
Latest Sale ?
Top 39%
#306 / 787 Top 39%
Value ($/sqm) ?
Top 66%
#518 / 787 Top 66%
5-Year Growth ?
Top 50%
#274 / 547 Top 50%
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
+6.4%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +36.1% 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 2 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.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 04 TO 06 5 ROOM 122 sqm $728,000 $5,967
Jul 2025 04 TO 06 4 ROOM 104 sqm $640,000 $6,154
Jun 2025 07 TO 09 4 ROOM 104 sqm $645,000 $6,202
Mar 2025 07 TO 09 4 ROOM 104 sqm $645,000 $6,202
Feb 2024 04 TO 06 5 ROOM 122 sqm $668,000 $5,475
Oct 2023 01 TO 03 4 ROOM 104 sqm $536,000 $5,154
Jan 2023 04 TO 06 5 ROOM 128 sqm $630,000 $4,922
Sep 2022 01 TO 03 5 ROOM 122 sqm $580,000 $4,754
Feb 2022 10 TO 12 4 ROOM 104 sqm $492,000 $4,731
Mar 2021 04 TO 06 5 ROOM 122 sqm $535,000 $4,385
Dec 2020 07 TO 09 5 ROOM 122 sqm $520,000 $4,262
May 2020 10 TO 12 5 ROOM 122 sqm $513,000 $4,205
Mar 2020 04 TO 06 4 ROOM 104 sqm $416,888 $4,009
Feb 2020 04 TO 06 4 ROOM 104 sqm $415,000 $3,990
Dec 2018 10 TO 12 5 ROOM 122 sqm $575,000 $4,713
Jan 2018 01 TO 03 5 ROOM 122 sqm $460,000 $3,770
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 163 Simei Road

Block 163 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 $415,000 to $728,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $728,000 in 2026-04. The current median price per square metre is $4,742. Over the past five years, resale prices at this block have increased by approximately 36.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8822, 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 163 Simei Road worth?

The most recent resale transaction at Block 163 Simei Road was $728,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,742, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 163 Simei Road?

Block 163 Simei Road was built in 1989 and has approximately 62 years and 2 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 163 Simei Road?

Block 163 Simei Road in Tampines contains 4 room, 5 room flats. Resale prices range from $415,000 to $728,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 163 Simei Road gone up or down?

Resale prices at Block 163 Simei Road have increased by approximately 36.1% over the past five years. The current median price is $555,500, with the most recent sale at $728,000 in 2026-04.

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