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Block 137 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$531,000
Jan 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,576
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +38.5%
Median price change
Median Price ?
Top 68%
#532 / 787 Top 68%
Latest Sale ?
Top 80%
#628 / 787 Top 80%
Value ($/sqm) ?
Top 79%
#619 / 787 Top 79%
5-Year Growth ?
Top 39%
#211 / 547 Top 39%
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
+6.7%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Based on this block’s +38.5% 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 8 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
Jan 2026 04 TO 06 4 ROOM 84 sqm $531,000 $6,321
Nov 2025 04 TO 06 4 ROOM 84 sqm $540,000 $6,429
Jan 2025 07 TO 09 4 ROOM 84 sqm $563,000 $6,702
Mar 2024 04 TO 06 5 ROOM 122 sqm $675,000 $5,533
Feb 2023 07 TO 09 4 ROOM 84 sqm $480,000 $5,714
Jun 2022 07 TO 09 4 ROOM 84 sqm $435,000 $5,179
Oct 2021 01 TO 03 5 ROOM 122 sqm $550,000 $4,508
Jul 2021 04 TO 06 5 ROOM 122 sqm $588,000 $4,820
Mar 2021 10 TO 12 4 ROOM 84 sqm $390,000 $4,643
Dec 2020 01 TO 03 4 ROOM 84 sqm $370,000 $4,405
Nov 2020 04 TO 06 4 ROOM 84 sqm $362,000 $4,310
Nov 2020 01 TO 03 4 ROOM 84 sqm $365,000 $4,345
Oct 2020 10 TO 12 4 ROOM 84 sqm $375,000 $4,464
Aug 2020 01 TO 03 5 ROOM 122 sqm $498,000 $4,082
Aug 2020 07 TO 09 5 ROOM 122 sqm $568,000 $4,656
Jan 2020 07 TO 09 5 ROOM 122 sqm $535,000 $4,385
Dec 2019 01 TO 03 4 ROOM 84 sqm $373,000 $4,440
Oct 2019 04 TO 06 4 ROOM 84 sqm $373,000 $4,440
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 137 Simei Street 1

Block 137 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 $362,000 to $675,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $531,000 in 2026-01. The current median price per square metre is $4,576. Over the past five years, resale prices at this block have increased by approximately 38.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8801, 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 137 Simei Street 1 worth?

The most recent resale transaction at Block 137 Simei Street 1 was $531,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,576, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 137 Simei Street 1?

Block 137 Simei Street 1 was built in 1988 and has approximately 61 years and 8 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 137 Simei Street 1?

Block 137 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $362,000 to $675,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 137 Simei Street 1 gone up or down?

Resale prices at Block 137 Simei Street 1 have increased by approximately 38.5% over the past five years. The current median price is $489,000, with the most recent sale at $531,000 in 2026-01.

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