Block 128 Simei Street 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Apr 2024 | 01 TO 03 | EXECUTIVE | 145 sqm | $863,888 | $5,958 |
| Jul 2020 | 01 TO 03 | EXECUTIVE | 145 sqm | $745,000 | $5,138 |
| Jun 2020 | 01 TO 03 | EXECUTIVE | 150 sqm | $735,000 | $4,900 |
About Block 128 Simei Street 1
Block 128 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1987 with approximately 62 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $735,000 to $863,888 based on 3 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $863,888 in 2024-04. The current median price per square metre is $5,138. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8825, 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 128 Simei Street 1 worth?
The most recent resale transaction at Block 128 Simei Street 1 was $863,888 for a executive flat in 2024-04. The median price per square metre across all flat types is $5,138, based on 3 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 128 Simei Street 1?
Block 128 Simei Street 1 was built in 1987 and has approximately 62 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 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.
What flat types are available at Block 128 Simei Street 1?
Block 128 Simei Street 1 in Tampines contains executive flats. Resale prices range from $735,000 to $863,888 based on historical transaction records from data.gov.sg.