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Block 113 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$695,000
Feb 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$4,762
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +16.8%
Median price change
Median Price ?
Top 43%
#339 / 787 Top 43%
Latest Sale ?
Top 43%
#340 / 787 Top 43%
Value ($/sqm) ?
Top 63%
#499 / 787 Top 63%
5-Year Growth ?
Top 99%
#542 / 547 Top 99%
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
+3.2%/yr
vs
Lease Decay
−0.49%/yr
Growth assumption
Based on this block’s +16.8% 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 61 years remaining 99 years
61 years 1 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/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 2026 04 TO 06 5 ROOM 122 sqm $695,000 $5,697
Apr 2024 07 TO 09 4 ROOM 84 sqm $528,000 $6,286
Nov 2023 07 TO 09 4 ROOM 84 sqm $538,888 $6,415
Oct 2023 01 TO 03 5 ROOM 122 sqm $638,000 $5,230
Dec 2022 07 TO 09 5 ROOM 122 sqm $633,000 $5,189
Feb 2022 07 TO 09 5 ROOM 121 sqm $600,000 $4,959
Oct 2021 07 TO 09 5 ROOM 122 sqm $595,000 $4,877
Oct 2020 07 TO 09 5 ROOM 122 sqm $565,000 $4,631
Oct 2020 04 TO 06 5 ROOM 121 sqm $518,000 $4,281
Jan 2020 04 TO 06 5 ROOM 123 sqm $575,000 $4,675
Jun 2019 01 TO 03 5 ROOM 122 sqm $520,000 $4,262
Jan 2019 10 TO 12 4 ROOM 103 sqm $460,000 $4,466
Oct 2018 04 TO 06 4 ROOM 84 sqm $390,000 $4,643
Oct 2018 04 TO 06 4 ROOM 84 sqm $412,000 $4,905
Mar 2018 01 TO 03 5 ROOM 123 sqm $556,000 $4,520
Mar 2018 04 TO 06 5 ROOM 123 sqm $558,000 $4,537
Aug 2017 07 TO 09 5 ROOM 123 sqm $610,000 $4,959
Jul 2017 10 TO 12 4 ROOM 84 sqm $388,000 $4,619
Jun 2017 07 TO 09 4 ROOM 84 sqm $400,000 $4,762
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 113 Simei Street 1

Block 113 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $388,000 to $695,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $695,000 in 2026-02. The current median price per square metre is $4,762. Over the past five years, resale prices at this block have increased by approximately 16.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8777, with an annual lease decay rate of approximately 0.49%. 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 113 Simei Street 1 worth?

The most recent resale transaction at Block 113 Simei Street 1 was $695,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $4,762, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 113 Simei Street 1?

Block 113 Simei Street 1 was built in 1988 and has approximately 61 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 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 113 Simei Street 1?

Block 113 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $388,000 to $695,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 113 Simei Street 1 gone up or down?

Resale prices at Block 113 Simei Street 1 have increased by approximately 16.8% over the past five years. The current median price is $556,000, with the most recent sale at $695,000 in 2026-02.

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