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Block 120 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$760,000
Apr 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$4,885
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +31%
Median price change
Median Price ?
Top 46%
#359 / 787 Top 46%
Latest Sale ?
Top 31%
#244 / 787 Top 31%
Value ($/sqm) ?
Top 52%
#411 / 787 Top 52%
5-Year Growth ?
Top 73%
#399 / 547 Top 73%
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
+5.5%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Based on this block’s +31% 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 3 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/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 07 TO 09 5 ROOM 128 sqm $760,000 $5,938
Jun 2023 07 TO 09 4 ROOM 104 sqm $638,000 $6,135
Apr 2023 07 TO 09 4 ROOM 104 sqm $608,888 $5,855
Mar 2023 01 TO 03 4 ROOM 104 sqm $560,000 $5,385
Dec 2022 07 TO 09 5 ROOM 122 sqm $650,000 $5,328
Sep 2022 01 TO 03 5 ROOM 122 sqm $663,000 $5,434
Jun 2022 10 TO 12 5 ROOM 121 sqm $655,000 $5,413
Dec 2021 01 TO 03 4 ROOM 104 sqm $500,000 $4,808
Aug 2021 04 TO 06 5 ROOM 128 sqm $630,000 $4,922
May 2021 01 TO 03 4 ROOM 104 sqm $460,000 $4,423
Feb 2021 07 TO 09 5 ROOM 128 sqm $550,000 $4,297
Feb 2021 07 TO 09 5 ROOM 128 sqm $580,088 $4,532
Nov 2020 01 TO 03 5 ROOM 122 sqm $515,000 $4,221
Aug 2020 10 TO 12 4 ROOM 104 sqm $472,000 $4,538
Jul 2018 10 TO 12 4 ROOM 104 sqm $508,000 $4,885
Nov 2017 07 TO 09 4 ROOM 104 sqm $540,000 $5,192
Jul 2017 04 TO 06 4 ROOM 104 sqm $460,000 $4,423
Jun 2017 07 TO 09 4 ROOM 104 sqm $487,000 $4,683
Mar 2017 01 TO 03 4 ROOM 104 sqm $422,000 $4,058
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 120 Simei Street 1

Block 120 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 $422,000 to $760,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $760,000 in 2026-04. The current median price per square metre is $4,885. Over the past five years, resale prices at this block have increased by approximately 31%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8784, with an annual lease decay rate of approximately 0.48%. 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 120 Simei Street 1 worth?

The most recent resale transaction at Block 120 Simei Street 1 was $760,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,885, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 120 Simei Street 1?

Block 120 Simei Street 1 was built in 1988 and has approximately 61 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 120 Simei Street 1?

Block 120 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $422,000 to $760,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 120 Simei Street 1 gone up or down?

Resale prices at Block 120 Simei Street 1 have increased by approximately 31% over the past five years. The current median price is $550,000, with the most recent sale at $760,000 in 2026-04.

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