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Block 141 Simei Street 2

4 Room · 5 Room · Built 1989 · 61 years remaining lease MOP Cleared
Latest Sale
$788,000
Mar 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$4,951
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +39.5%
Median price change
Median Price ?
Top 30%
#236 / 787 Top 30%
Latest Sale ?
Top 26%
#206 / 787 Top 26%
Value ($/sqm) ?
Top 48%
#378 / 787 Top 48%
5-Year Growth ?
Top 33%
#181 / 547 Top 33%
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
+6.9%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +39.5% 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 10 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.47%/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 07 TO 09 5 ROOM 128 sqm $788,000 $6,156
Dec 2025 04 TO 06 4 ROOM 104 sqm $665,000 $6,394
May 2025 10 TO 12 5 ROOM 122 sqm $850,000 $6,967
May 2025 04 TO 06 5 ROOM 122 sqm $710,888 $5,827
Oct 2024 01 TO 03 4 ROOM 104 sqm $630,000 $6,058
Jul 2024 07 TO 09 4 ROOM 104 sqm $663,888 $6,384
Jun 2024 10 TO 12 4 ROOM 104 sqm $670,888 $6,451
Jun 2024 07 TO 09 5 ROOM 128 sqm $726,888 $5,679
Nov 2023 10 TO 12 4 ROOM 104 sqm $593,888 $5,710
May 2023 07 TO 09 5 ROOM 122 sqm $700,800 $5,744
Jul 2022 07 TO 09 5 ROOM 122 sqm $630,000 $5,164
Apr 2022 01 TO 03 5 ROOM 122 sqm $600,000 $4,918
Apr 2022 01 TO 03 5 ROOM 128 sqm $623,000 $4,867
Mar 2022 10 TO 12 4 ROOM 104 sqm $540,000 $5,192
Feb 2022 07 TO 09 4 ROOM 104 sqm $550,000 $5,288
Jan 2022 01 TO 03 5 ROOM 122 sqm $580,000 $4,754
Nov 2021 07 TO 09 5 ROOM 122 sqm $600,000 $4,918
Aug 2021 07 TO 09 5 ROOM 122 sqm $565,000 $4,631
Jan 2021 01 TO 03 5 ROOM 122 sqm $490,000 $4,016
Oct 2020 07 TO 09 4 ROOM 104 sqm $470,000 $4,519
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 141 Simei Street 2

Block 141 at Simei Street 2 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $459,000 to $850,000 based on 28 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $788,000 in 2026-03. The current median price per square metre is $4,951. Over the past five years, resale prices at this block have increased by approximately 39.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8808, with an annual lease decay rate of approximately 0.47%. 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 141 Simei Street 2 worth?

The most recent resale transaction at Block 141 Simei Street 2 was $788,000 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $4,951, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 141 Simei Street 2?

Block 141 Simei Street 2 was built in 1989 and has approximately 61 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 141 Simei Street 2?

Block 141 Simei Street 2 in Tampines contains 4 room, 5 room flats. Resale prices range from $459,000 to $850,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 141 Simei Street 2 gone up or down?

Resale prices at Block 141 Simei Street 2 have increased by approximately 39.5% over the past five years. The current median price is $596,944, with the most recent sale at $788,000 in 2026-03.

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