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Block 254 Simei Street 1

4 Room · 5 Room · Built 1996 · 70 years remaining lease MOP Cleared
Latest Sale
$888,000
Jan 2025 · 5 ROOM · Floor 07-09
Median $/sqm
$5,499
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +43.8%
Median price change
Median Price ?
Top 28%
#223 / 787 Top 28%
Latest Sale ?
Top 14%
#111 / 787 Top 14%
Value ($/sqm) ?
Top 22%
#170 / 787 Top 22%
5-Year Growth ?
Top 15%
#81 / 547 Top 15%
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
+7.5%/yr
vs
Lease Decay
−0.34%/yr
Growth assumption
Based on this block’s +43.8% 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 70 years remaining 99 years
70 years 9 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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
Jan 2025 07 TO 09 5 ROOM 118 sqm $888,000 $7,525
Apr 2024 10 TO 12 4 ROOM 99 sqm $670,000 $6,768
Nov 2023 04 TO 06 4 ROOM 98 sqm $630,000 $6,429
Nov 2023 07 TO 09 4 ROOM 99 sqm $638,000 $6,444
Nov 2023 04 TO 06 5 ROOM 120 sqm $780,000 $6,500
Aug 2023 04 TO 06 4 ROOM 100 sqm $615,000 $6,150
Aug 2023 07 TO 09 4 ROOM 99 sqm $638,000 $6,444
Jul 2023 04 TO 06 4 ROOM 99 sqm $580,000 $5,859
Nov 2022 01 TO 03 5 ROOM 120 sqm $740,000 $6,167
Jan 2022 04 TO 06 4 ROOM 98 sqm $538,888 $5,499
Oct 2021 01 TO 03 4 ROOM 101 sqm $535,000 $5,297
May 2021 04 TO 06 5 ROOM 118 sqm $635,000 $5,381
Apr 2021 07 TO 09 4 ROOM 98 sqm $500,000 $5,102
Feb 2021 04 TO 06 5 ROOM 118 sqm $600,000 $5,085
Oct 2019 01 TO 03 4 ROOM 101 sqm $470,000 $4,653
Feb 2019 01 TO 03 5 ROOM 120 sqm $548,000 $4,567
Jun 2018 04 TO 06 4 ROOM 98 sqm $532,000 $5,429
May 2018 10 TO 12 4 ROOM 99 sqm $540,000 $5,455
Apr 2017 10 TO 12 4 ROOM 99 sqm $530,000 $5,354
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 254 Simei Street 1

Block 254 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $470,000 to $888,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $888,000 in 2025-01. The current median price per square metre is $5,499. Over the past five years, resale prices at this block have increased by approximately 43.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9123, with an annual lease decay rate of approximately 0.34%. 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 254 Simei Street 1 worth?

The most recent resale transaction at Block 254 Simei Street 1 was $888,000 for a 5 room flat in 2025-01. The median price per square metre across all flat types is $5,499, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 254 Simei Street 1?

Block 254 Simei Street 1 was built in 1996 and has approximately 70 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 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 254 Simei Street 1?

Block 254 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $470,000 to $888,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 254 Simei Street 1 gone up or down?

Resale prices at Block 254 Simei Street 1 have increased by approximately 43.8% over the past five years. The current median price is $600,000, with the most recent sale at $888,000 in 2025-01.

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