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Block 139 Simei Street 1

3 Room · 4 Room · Built 1987 · 60 years remaining lease · Updated May 2026 MOP Cleared

Block 139 Simei Street 1 has 13 recorded HDB resale transactions since 2017. Latest sale: $450,000 (May 2026, 3 room, floors 01–03). Median $5,000/sqm. Prices up 40.6% over the past five years. Built 1987, 60 years lease remaining.

Latest Sale
$450,000
May 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$5,000
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
▲ +40.6%
Median price change
Median Price ?
Top 97%
#769 / 789 Top 97%
Latest Sale ?
Top 95%
#753 / 789 Top 95%
Value ($/sqm) ?
Top 46%
#362 / 789 Top 46%
5-Year Growth ?
Top 27%
#154 / 566 Top 27%
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
+7.1%/yr
vs
Lease Decay
−0.50%/yr
Growth assumption
Based on this block’s +40.6% 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 60 years remaining 99 years
60 years 8 months
Remaining lease
↓ 0.50%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.50%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Tampines average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,850 typically $2,600–$3,000 7% Tampines avg · block too thin
4-Room $3,400 typically $3,150–$3,600 6.2% Tampines avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 01 TO 03 3 ROOM 64 sqm $450,000 $7,031
Nov 2025 04 TO 06 3 ROOM 64 sqm $450,000 $7,031
Aug 2023 01 TO 03 4 ROOM 91 sqm $510,000 $5,604
Dec 2021 04 TO 06 3 ROOM 64 sqm $350,000 $5,469
Apr 2021 01 TO 03 3 ROOM 64 sqm $320,000 $5,000
Feb 2021 01 TO 03 4 ROOM 88 sqm $400,000 $4,545
Jan 2021 01 TO 03 3 ROOM 64 sqm $317,000 $4,953
Dec 2020 01 TO 03 3 ROOM 64 sqm $315,000 $4,922
Oct 2020 01 TO 03 3 ROOM 64 sqm $312,000 $4,875
Aug 2020 04 TO 06 4 ROOM 88 sqm $395,000 $4,489
Dec 2018 01 TO 03 3 ROOM 70 sqm $350,000 $5,000
Sep 2018 01 TO 03 4 ROOM 84 sqm $398,000 $4,738
Apr 2018 04 TO 06 3 ROOM 65 sqm $346,000 $5,323
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 139 Simei Street 1

Block 139 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $312,000 to $510,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $450,000 in 2026-05. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 40.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8759, with an annual lease decay rate of approximately 0.50%. 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 139 Simei Street 1 worth?

The most recent resale transaction at Block 139 Simei Street 1 was $450,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $5,000, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 139 Simei Street 1?

Block 139 Simei Street 1 was built in 1987 and has approximately 60 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 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.

What flat types are available at Block 139 Simei Street 1?

Block 139 Simei Street 1 in Tampines contains 3 room, 4 room flats. Resale prices range from $312,000 to $510,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 139 Simei Street 1 gone up or down?

Resale prices at Block 139 Simei Street 1 have increased by approximately 40.6% over the past five years. The current median price is $350,000, with the most recent sale at $450,000 in 2026-05.

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