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Block 108 Simei Street 1

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$660,000
Feb 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$4,963
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 41%
#319 / 787 Top 41%
Latest Sale ?
Top 51%
#402 / 787 Top 51%
Value ($/sqm) ?
Top 47%
#371 / 787 Top 47%
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
−0.46%/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 62 years remaining 99 years
62 years 5 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Feb 2025 04 TO 06 4 ROOM 104 sqm $660,000 $6,346
Mar 2024 01 TO 03 4 ROOM 104 sqm $570,000 $5,481
Nov 2023 10 TO 12 4 ROOM 104 sqm $607,000 $5,837
Jul 2023 01 TO 03 4 ROOM 104 sqm $560,000 $5,385
Jan 2023 07 TO 09 5 ROOM 122 sqm $640,000 $5,246
Dec 2022 04 TO 06 5 ROOM 128 sqm $670,000 $5,234
Aug 2020 01 TO 03 5 ROOM 122 sqm $520,000 $4,262
Jun 2019 04 TO 06 4 ROOM 104 sqm $462,000 $4,442
Oct 2018 01 TO 03 4 ROOM 104 sqm $475,000 $4,567
Feb 2018 01 TO 03 4 ROOM 104 sqm $455,000 $4,375
Sep 2017 04 TO 06 4 ROOM 104 sqm $488,000 $4,692
May 2017 01 TO 03 5 ROOM 122 sqm $560,000 $4,590
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 108 Simei Street 1

Block 108 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $455,000 to $670,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $660,000 in 2025-02. The current median price per square metre is $4,963. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8832, with an annual lease decay rate of approximately 0.46%. 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 108 Simei Street 1 worth?

The most recent resale transaction at Block 108 Simei Street 1 was $660,000 for a 4 room flat in 2025-02. The median price per square metre across all flat types is $4,963, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 108 Simei Street 1?

Block 108 Simei Street 1 was built in 1988 and has approximately 62 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 108 Simei Street 1?

Block 108 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $455,000 to $670,000 based on historical transaction records from data.gov.sg.

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