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Block 149 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease · Updated Dec 2025 MOP Cleared

Block 149 Simei Street 1 has 26 recorded HDB resale transactions since 2017. Latest sale: $590,000 (Dec 2025, 4 room, floors 07–09). Median $4,941/sqm. Prices up 44.6% over the past five years. Built 1988, 61 years lease remaining.

Latest Sale
$590,000
Dec 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$4,941
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +44.6%
Median price change
Median Price ?
Top 62%
#493 / 789 Top 62%
Latest Sale ?
Top 71%
#564 / 789 Top 71%
Value ($/sqm) ?
Top 50%
#398 / 789 Top 50%
5-Year Growth ?
Top 13%
#74 / 566 Top 13%
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
+7.7%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Based on this block’s +44.6% 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 61 years remaining 99 years
61 years 4 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.
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
4-Room $3,400 typically $3,150–$3,600 6.2% Tampines avg · block too thin
5-Room $3,650 typically $3,400–$3,900 5.3% 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
Dec 2025 07 TO 09 4 ROOM 84 sqm $590,000 $7,024
Jun 2025 10 TO 12 4 ROOM 88 sqm $610,000 $6,932
Mar 2025 04 TO 06 4 ROOM 84 sqm $590,000 $7,024
Feb 2025 04 TO 06 4 ROOM 84 sqm $623,000 $7,417
Jan 2025 07 TO 09 4 ROOM 84 sqm $600,000 $7,143
Feb 2024 01 TO 03 5 ROOM 122 sqm $638,000 $5,230
Sep 2023 07 TO 09 5 ROOM 122 sqm $700,000 $5,738
Jan 2023 07 TO 09 5 ROOM 122 sqm $708,000 $5,803
Jul 2022 07 TO 09 4 ROOM 84 sqm $480,000 $5,714
Oct 2021 07 TO 09 5 ROOM 122 sqm $602,888 $4,942
Sep 2021 01 TO 03 4 ROOM 84 sqm $415,000 $4,940
Aug 2021 07 TO 09 5 ROOM 122 sqm $560,000 $4,590
Jul 2021 10 TO 12 4 ROOM 84 sqm $415,000 $4,940
May 2021 07 TO 09 4 ROOM 84 sqm $420,000 $5,000
Oct 2020 01 TO 03 4 ROOM 88 sqm $360,000 $4,091
Mar 2020 10 TO 12 4 ROOM 103 sqm $458,000 $4,447
Feb 2020 07 TO 09 5 ROOM 122 sqm $552,000 $4,525
Jun 2019 04 TO 06 4 ROOM 84 sqm $400,000 $4,762
May 2019 04 TO 06 4 ROOM 84 sqm $385,000 $4,583
Sep 2018 10 TO 12 4 ROOM 84 sqm $415,888 $4,951
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 149 Simei Street 1

Block 149 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 $360,000 to $708,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $590,000 in 2025-12. The current median price per square metre is $4,941. Over the past five years, resale prices at this block have increased by approximately 44.6%. 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 149 Simei Street 1 worth?

The most recent resale transaction at Block 149 Simei Street 1 was $590,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,941, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 149 Simei Street 1?

Block 149 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 149 Simei Street 1?

Block 149 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $360,000 to $708,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 149 Simei Street 1 gone up or down?

Resale prices at Block 149 Simei Street 1 have increased by approximately 44.6% over the past five years. The current median price is $505,000, with the most recent sale at $590,000 in 2025-12.

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