Block 124 Simei Street 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2025 | 07 TO 09 | 5 ROOM | 122 sqm | $730,000 | $5,984 |
| Jun 2025 | 07 TO 09 | 5 ROOM | 123 sqm | $745,000 | $6,057 |
| May 2025 | 04 TO 06 | 4 ROOM | 84 sqm | $570,000 | $6,786 |
| Feb 2025 | 10 TO 12 | 5 ROOM | 122 sqm | $739,888 | $6,065 |
| Sep 2024 | 07 TO 09 | 4 ROOM | 84 sqm | $545,000 | $6,488 |
| Aug 2024 | 04 TO 06 | 5 ROOM | 121 sqm | $660,000 | $5,455 |
| Jul 2024 | 01 TO 03 | 5 ROOM | 123 sqm | $690,000 | $5,610 |
| Jul 2023 | 01 TO 03 | 4 ROOM | 84 sqm | $500,000 | $5,952 |
| Jul 2023 | 10 TO 12 | 4 ROOM | 84 sqm | $500,000 | $5,952 |
| Jul 2023 | 04 TO 06 | 5 ROOM | 122 sqm | $650,000 | $5,328 |
| Jun 2023 | 07 TO 09 | 4 ROOM | 84 sqm | $475,000 | $5,655 |
| May 2023 | 07 TO 09 | 4 ROOM | 84 sqm | $485,000 | $5,774 |
| Mar 2023 | 01 TO 03 | 5 ROOM | 122 sqm | $590,000 | $4,836 |
| Mar 2023 | 04 TO 06 | 5 ROOM | 121 sqm | $630,000 | $5,207 |
| Aug 2022 | 04 TO 06 | 4 ROOM | 84 sqm | $450,000 | $5,357 |
| Oct 2021 | 10 TO 12 | 5 ROOM | 122 sqm | $568,888 | $4,663 |
| Aug 2021 | 07 TO 09 | 5 ROOM | 122 sqm | $570,000 | $4,672 |
| Oct 2020 | 04 TO 06 | 5 ROOM | 121 sqm | $500,000 | $4,132 |
| Aug 2020 | 04 TO 06 | 4 ROOM | 84 sqm | $345,000 | $4,107 |
| Aug 2020 | 07 TO 09 | 5 ROOM | 121 sqm | $525,000 | $4,339 |
About Block 124 Simei Street 1
Block 124 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 $345,000 to $745,000 based on 32 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $730,000 in 2025-11. The current median price per square metre is $4,942. Over the past five years, resale prices at this block have increased by approximately 29.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8788, 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 124 Simei Street 1 worth?
The most recent resale transaction at Block 124 Simei Street 1 was $730,000 for a 5 room flat in 2025-11. The median price per square metre across all flat types is $4,942, based on 32 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 124 Simei Street 1?
Block 124 Simei Street 1 was built in 1988 and has approximately 61 years and 4 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 124 Simei Street 1?
Block 124 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $345,000 to $745,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 124 Simei Street 1 gone up or down?
Resale prices at Block 124 Simei Street 1 have increased by approximately 29.9% over the past five years. The current median price is $521,900, with the most recent sale at $730,000 in 2025-11.