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Block 153 Simei Street 1

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$604,888
Feb 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$5,024
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +33.1%
Median price change
Median Price ?
Top 56%
#437 / 787 Top 56%
Latest Sale ?
Top 69%
#546 / 787 Top 69%
Value ($/sqm) ?
Top 43%
#338 / 787 Top 43%
5-Year Growth ?
Top 63%
#343 / 547 Top 63%
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
+5.9%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Based on this block’s +33.1% 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 62 years remaining 99 years
62 years 5 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Feb 2025 04 TO 06 4 ROOM 84 sqm $604,888 $7,201
Jan 2025 10 TO 12 4 ROOM 84 sqm $615,000 $7,321
Jan 2025 04 TO 06 5 ROOM 122 sqm $720,000 $5,902
Jul 2024 01 TO 03 4 ROOM 84 sqm $526,000 $6,262
Jul 2024 07 TO 09 5 ROOM 122 sqm $695,000 $5,697
Oct 2023 04 TO 06 4 ROOM 84 sqm $500,000 $5,952
Jun 2023 04 TO 06 4 ROOM 84 sqm $520,000 $6,190
Apr 2023 04 TO 06 4 ROOM 84 sqm $490,000 $5,833
Feb 2023 10 TO 12 4 ROOM 103 sqm $548,000 $5,320
Dec 2022 04 TO 06 5 ROOM 122 sqm $600,000 $4,918
Aug 2022 07 TO 09 4 ROOM 84 sqm $470,000 $5,595
Apr 2022 01 TO 03 5 ROOM 122 sqm $565,000 $4,631
Apr 2021 07 TO 09 4 ROOM 84 sqm $432,000 $5,143
Mar 2021 07 TO 09 5 ROOM 122 sqm $595,000 $4,877
Feb 2020 04 TO 06 5 ROOM 122 sqm $495,000 $4,057
Jul 2019 04 TO 06 4 ROOM 84 sqm $372,000 $4,429
Jan 2019 07 TO 09 4 ROOM 84 sqm $418,000 $4,976
Jul 2018 10 TO 12 4 ROOM 84 sqm $422,000 $5,024
Sep 2017 04 TO 06 4 ROOM 84 sqm $410,000 $4,881
Jun 2017 07 TO 09 5 ROOM 122 sqm $545,000 $4,467
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 153 Simei Street 1

Block 153 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $372,000 to $720,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $604,888 in 2025-02. The current median price per square metre is $5,024. Over the past five years, resale prices at this block have increased by approximately 33.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8832, with an annual lease decay rate of approximately 0.46%. 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 153 Simei Street 1 worth?

The most recent resale transaction at Block 153 Simei Street 1 was $604,888 for a 4 room flat in 2025-02. The median price per square metre across all flat types is $5,024, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 153 Simei Street 1?

Block 153 Simei Street 1 was built in 1988 and has approximately 62 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 153 Simei Street 1?

Block 153 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $372,000 to $720,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 153 Simei Street 1 gone up or down?

Resale prices at Block 153 Simei Street 1 have increased by approximately 33.1% over the past five years. The current median price is $526,000, with the most recent sale at $604,888 in 2025-02.

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