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Block 154 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$835,000
Jul 2025 · 5 ROOM · Floor 07-09
Median $/sqm
$4,715
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +41.9%
Median price change
Median Price ?
Top 49%
#389 / 787 Top 49%
Latest Sale ?
Top 19%
#153 / 787 Top 19%
Value ($/sqm) ?
Top 68%
#538 / 787 Top 68%
5-Year Growth ?
Top 21%
#114 / 547 Top 21%
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
+7.2%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Based on this block’s +41.9% 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 61 years remaining 99 years
61 years 8 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.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2025 07 TO 09 5 ROOM 122 sqm $835,000 $6,844
Feb 2025 01 TO 03 5 ROOM 122 sqm $750,000 $6,148
Nov 2024 10 TO 12 5 ROOM 122 sqm $765,000 $6,270
Sep 2024 04 TO 06 4 ROOM 103 sqm $635,000 $6,165
Aug 2024 07 TO 09 5 ROOM 122 sqm $740,000 $6,066
Jun 2021 04 TO 06 4 ROOM 84 sqm $403,000 $4,798
Mar 2021 10 TO 12 5 ROOM 123 sqm $580,000 $4,715
Feb 2021 07 TO 09 5 ROOM 122 sqm $537,000 $4,402
Dec 2020 04 TO 06 5 ROOM 123 sqm $485,000 $3,943
Sep 2020 04 TO 06 5 ROOM 122 sqm $530,000 $4,344
Jul 2020 10 TO 12 5 ROOM 123 sqm $560,000 $4,553
Dec 2019 07 TO 09 5 ROOM 122 sqm $540,000 $4,426
Aug 2019 07 TO 09 4 ROOM 84 sqm $410,000 $4,881
Jul 2019 04 TO 06 5 ROOM 122 sqm $558,000 $4,574
Nov 2018 10 TO 12 4 ROOM 103 sqm $450,000 $4,369
Oct 2018 01 TO 03 5 ROOM 122 sqm $500,000 $4,098
Jul 2018 07 TO 09 4 ROOM 84 sqm $415,000 $4,940
Dec 2017 07 TO 09 5 ROOM 123 sqm $585,000 $4,756
Aug 2017 04 TO 06 5 ROOM 122 sqm $460,000 $3,770
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 154 Simei Street 1

Block 154 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 $403,000 to $835,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $835,000 in 2025-07. The current median price per square metre is $4,715. Over the past five years, resale prices at this block have increased by approximately 41.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8801, 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 154 Simei Street 1 worth?

The most recent resale transaction at Block 154 Simei Street 1 was $835,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $4,715, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 154 Simei Street 1?

Block 154 Simei Street 1 was built in 1988 and has approximately 61 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 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 154 Simei Street 1?

Block 154 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $403,000 to $835,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 154 Simei Street 1 gone up or down?

Resale prices at Block 154 Simei Street 1 have increased by approximately 41.9% over the past five years. The current median price is $540,000, with the most recent sale at $835,000 in 2025-07.

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