Skip to content

Block 150 Simei Street 1

4 Room · 5 Room · Built 1987 · 60 years remaining lease · Updated May 2026 MOP Cleared

Block 150 Simei Street 1 has 32 recorded HDB resale transactions since 2017. Latest sale: $725,000 (May 2026, 5 room, floors 01–03). Median $4,918/sqm. Prices up 25.6% over the past five years. Built 1987, 60 years lease remaining.

Latest Sale
$725,000
May 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$4,918
Based on 32 transactions
Total Transactions
32
Since Jan 2017
5-Year Trend
▲ +25.6%
Median price change
Median Price ?
Top 46%
#362 / 789 Top 46%
Latest Sale ?
Top 39%
#307 / 789 Top 39%
Value ($/sqm) ?
Top 52%
#412 / 789 Top 52%
5-Year Growth ?
Top 89%
#503 / 566 Top 89%
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
−0.50%/yr
Growth assumption
Based on this block’s +25.6% 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). Figures are from rentals at this block where available.

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–$3,700 6% 8 rentals here
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 5 ROOM 122 sqm $725,000 $5,943
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
Showing 20 of 32 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 32 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $725,000 in 2026-05. The current median price per square metre is $4,918. Over the past five years, resale prices at this block have increased by approximately 25.6%. 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 150 Simei Street 1 worth?

The most recent resale transaction at Block 150 Simei Street 1 was $725,000 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $4,918, based on 32 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 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 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 25.6% over the past five years. The current median price is $552,500, with the most recent sale at $725,000 in 2026-05.

Link copied to clipboard