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Block 150 Simei Street 1

4 Room · 5 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$738,000
Apr 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$4,918
Based on 31 transactions
Total Transactions
31
Since Jan 2017
5-Year Trend
▲ +25.9%
Median price change
Median Price ?
Top 46%
#361 / 787 Top 46%
Latest Sale ?
Top 36%
#287 / 787 Top 36%
Value ($/sqm) ?
Top 50%
#395 / 787 Top 50%
5-Year Growth ?
Top 88%
#480 / 547 Top 88%
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
+4.7%/yr
vs
Lease Decay
−0.49%/yr
Growth assumption
Based on this block’s +25.9% 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 9 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.49%/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
Apr 2026 07 TO 09 5 ROOM 122 sqm $738,000 $6,049
Apr 2025 04 TO 06 5 ROOM 122 sqm $735,000 $6,025
Nov 2024 04 TO 06 4 ROOM 84 sqm $555,688 $6,615
Jul 2024 07 TO 09 5 ROOM 121 sqm $695,000 $5,744
Jun 2024 04 TO 06 4 ROOM 84 sqm $510,000 $6,071
May 2024 07 TO 09 4 ROOM 84 sqm $550,000 $6,548
Apr 2024 07 TO 09 4 ROOM 84 sqm $550,000 $6,548
Jul 2023 04 TO 06 4 ROOM 84 sqm $502,000 $5,976
Jun 2023 01 TO 03 5 ROOM 122 sqm $600,000 $4,918
Jan 2023 04 TO 06 5 ROOM 123 sqm $630,000 $5,122
Dec 2022 07 TO 09 4 ROOM 84 sqm $470,000 $5,595
Oct 2022 10 TO 12 4 ROOM 84 sqm $495,000 $5,893
Oct 2022 10 TO 12 5 ROOM 121 sqm $640,000 $5,289
Apr 2022 07 TO 09 4 ROOM 84 sqm $455,000 $5,417
Dec 2021 07 TO 09 5 ROOM 122 sqm $600,000 $4,918
Nov 2021 01 TO 03 5 ROOM 122 sqm $556,500 $4,561
Nov 2021 07 TO 09 5 ROOM 122 sqm $590,000 $4,836
Jul 2021 01 TO 03 4 ROOM 84 sqm $400,000 $4,762
Jul 2021 04 TO 06 4 ROOM 103 sqm $450,000 $4,369
Apr 2021 01 TO 03 4 ROOM 84 sqm $380,000 $4,524
Showing 20 of 31 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 150 Simei Street 1

Block 150 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 4 room, 5 room flats, with resale prices ranging from $365,000 to $738,000 based on 31 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $738,000 in 2026-04. The current median price per square metre is $4,918. Over the past five years, resale prices at this block have increased by approximately 25.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8763, with an annual lease decay rate of approximately 0.49%. 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 150 Simei Street 1 worth?

The most recent resale transaction at Block 150 Simei Street 1 was $738,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,918, based on 31 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 150 Simei Street 1?

Block 150 Simei Street 1 was built in 1987 and has approximately 60 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 150 Simei Street 1?

Block 150 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $365,000 to $738,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 150 Simei Street 1 gone up or down?

Resale prices at Block 150 Simei Street 1 have increased by approximately 25.9% over the past five years. The current median price is $550,000, with the most recent sale at $738,000 in 2026-04.

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