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Block 255 Simei Street 1

4 Room · 5 Room · Built 1996 · 69 years remaining lease MOP Cleared
Latest Sale
$888,000
Mar 2026 · 5 ROOM · Floor 10-12
Median $/sqm
$5,294
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 28%
#224 / 787 Top 28%
Latest Sale ?
Top 14%
#112 / 787 Top 14%
Value ($/sqm) ?
Top 29%
#225 / 787 Top 29%
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
+3%/yr
vs
Lease Decay
−0.35%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 69 years remaining 99 years
69 years 7 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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
Mar 2026 10 TO 12 5 ROOM 118 sqm $888,000 $7,525
Mar 2025 01 TO 03 4 ROOM 101 sqm $715,000 $7,079
Apr 2024 07 TO 09 5 ROOM 117 sqm $838,000 $7,162
Jun 2023 07 TO 09 4 ROOM 98 sqm $600,000 $6,122
Apr 2022 01 TO 03 5 ROOM 119 sqm $630,000 $5,294
Feb 2022 01 TO 03 4 ROOM 101 sqm $522,000 $5,168
Dec 2020 01 TO 03 5 ROOM 122 sqm $560,000 $4,590
Mar 2019 01 TO 03 4 ROOM 101 sqm $500,000 $4,950
May 2017 04 TO 06 4 ROOM 101 sqm $505,000 $5,000
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 255 Simei Street 1

Block 255 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 69 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $500,000 to $888,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $888,000 in 2026-03. The current median price per square metre is $5,294. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9087, with an annual lease decay rate of approximately 0.35%. 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 255 Simei Street 1 worth?

The most recent resale transaction at Block 255 Simei Street 1 was $888,000 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $5,294, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 255 Simei Street 1?

Block 255 Simei Street 1 was built in 1996 and has approximately 69 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 255 Simei Street 1?

Block 255 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $500,000 to $888,000 based on historical transaction records from data.gov.sg.

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