Block 148 Simei Street 1
Block 148 Simei Street 1 has 24 recorded HDB resale transactions since 2017. Latest sale: $588,000 (Oct 2025, 4 room, floors 07–09). Median $4,988/sqm. Prices up 27.5% over the past five years. Built 1988, 61 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,400 typically $3,100–$3,600 | 6.5% | 5 rentals here |
| 5-Room | $3,650 typically $3,400–$3,900 | 5.3% | Tampines avg · block too thin |
No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Oct 2025 | 07 TO 09 | 4 ROOM | 88 sqm | $588,000 | $6,682 |
| Jun 2025 | 10 TO 12 | 4 ROOM | 103 sqm | $662,500 | $6,432 |
| Apr 2025 | 01 TO 03 | 4 ROOM | 84 sqm | $572,000 | $6,810 |
| Feb 2025 | 01 TO 03 | 4 ROOM | 84 sqm | $560,000 | $6,667 |
| Jan 2025 | 01 TO 03 | 5 ROOM | 121 sqm | $700,000 | $5,785 |
| Nov 2024 | 10 TO 12 | 4 ROOM | 84 sqm | $571,888 | $6,808 |
| Aug 2024 | 04 TO 06 | 5 ROOM | 122 sqm | $682,000 | $5,590 |
| Dec 2022 | 04 TO 06 | 4 ROOM | 84 sqm | $460,000 | $5,476 |
| Jul 2022 | 07 TO 09 | 4 ROOM | 84 sqm | $505,000 | $6,012 |
| Feb 2022 | 10 TO 12 | 4 ROOM | 84 sqm | $428,000 | $5,095 |
| Feb 2022 | 07 TO 09 | 4 ROOM | 84 sqm | $440,000 | $5,238 |
| Mar 2021 | 10 TO 12 | 4 ROOM | 103 sqm | $455,000 | $4,417 |
| Oct 2020 | 01 TO 03 | 4 ROOM | 84 sqm | $365,000 | $4,345 |
| Sep 2020 | 10 TO 12 | 4 ROOM | 84 sqm | $410,000 | $4,881 |
| Jun 2020 | 10 TO 12 | 5 ROOM | 122 sqm | $568,000 | $4,656 |
| Aug 2019 | 01 TO 03 | 5 ROOM | 121 sqm | $530,000 | $4,380 |
| Feb 2019 | 10 TO 12 | 5 ROOM | 121 sqm | $520,000 | $4,298 |
| Oct 2018 | 04 TO 06 | 4 ROOM | 84 sqm | $406,000 | $4,833 |
| Apr 2018 | 07 TO 09 | 4 ROOM | 84 sqm | $400,000 | $4,762 |
| Sep 2017 | 10 TO 12 | 5 ROOM | 123 sqm | $585,000 | $4,756 |
About Block 148 Simei Street 1
Block 148 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 $365,000 to $700,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $588,000 in 2025-10. The current median price per square metre is $4,988. Over the past five years, resale prices at this block have increased by approximately 27.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8798, 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 148 Simei Street 1 worth?
The most recent resale transaction at Block 148 Simei Street 1 was $588,000 for a 4 room flat in 2025-10. The median price per square metre across all flat types is $4,988, based on 24 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 148 Simei Street 1?
Block 148 Simei Street 1 was built in 1988 and has approximately 61 years and 7 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 148 Simei Street 1?
Block 148 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $365,000 to $700,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 148 Simei Street 1 gone up or down?
Resale prices at Block 148 Simei Street 1 have increased by approximately 27.5% over the past five years. The current median price is $487,500, with the most recent sale at $588,000 in 2025-10.