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Block 142 Simei Street 2

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$600,000
Dec 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$5,179
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 43%
#341 / 787 Top 43%
Latest Sale ?
Top 70%
#548 / 787 Top 70%
Value ($/sqm) ?
Top 33%
#263 / 787 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
+3%/yr
vs
Lease Decay
−0.48%/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 61 years remaining 99 years
61 years 4 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
Dec 2025 07 TO 09 4 ROOM 84 sqm $600,000 $7,143
Jan 2025 07 TO 09 4 ROOM 84 sqm $568,000 $6,762
Nov 2024 01 TO 03 4 ROOM 84 sqm $550,000 $6,548
Apr 2024 10 TO 12 5 ROOM 123 sqm $748,000 $6,081
Jun 2023 10 TO 12 4 ROOM 84 sqm $555,000 $6,607
Jun 2023 07 TO 09 5 ROOM 122 sqm $670,000 $5,492
Sep 2022 07 TO 09 4 ROOM 84 sqm $480,000 $5,714
May 2021 10 TO 12 5 ROOM 121 sqm $615,000 $5,083
Jun 2020 01 TO 03 4 ROOM 84 sqm $375,000 $4,464
Jan 2020 07 TO 09 5 ROOM 121 sqm $568,000 $4,694
Dec 2019 04 TO 06 4 ROOM 84 sqm $410,000 $4,881
Mar 2019 04 TO 06 4 ROOM 84 sqm $430,000 $5,119
Jul 2018 10 TO 12 4 ROOM 84 sqm $435,000 $5,179
Jul 2017 01 TO 03 5 ROOM 123 sqm $550,000 $4,472
Apr 2017 07 TO 09 5 ROOM 121 sqm $590,000 $4,876
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 142 Simei Street 2

Block 142 at Simei Street 2 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 $375,000 to $748,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $600,000 in 2025-12. The current median price per square metre is $5,179. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8788, 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 142 Simei Street 2 worth?

The most recent resale transaction at Block 142 Simei Street 2 was $600,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,179, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 142 Simei Street 2?

Block 142 Simei Street 2 was built in 1988 and has approximately 61 years and 4 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 142 Simei Street 2?

Block 142 Simei Street 2 in Tampines contains 4 room, 5 room flats. Resale prices range from $375,000 to $748,000 based on historical transaction records from data.gov.sg.

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