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Block 223 Simei Street 4

4 Room · 5 Room · Built 1988 · 61 years remaining lease · Updated Jul 2026 MOP Cleared

Block 223 Simei Street 4 has 16 recorded HDB resale transactions since 2017. Latest sale: $718,888 (Jul 2026, 5 room, floors 01–03). Median $5,028/sqm. Prices up 34.5% over the past five years. Built 1988, 61 years lease remaining.

Latest Sale
$718,888
Jul 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$5,028
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +34.5%
Median price change
Median Price ?
Top 42%
#333 / 792 Top 42%
Latest Sale ?
Top 41%
#323 / 792 Top 41%
Value ($/sqm) ?
Top 47%
#373 / 792 Top 47%
5-Year Growth ?
Top 56%
#325 / 579 Top 56%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.1%/yr
vs
Lease Decay
−0.49%/yr
Growth assumption
Based on this block’s +34.5% 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
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Tampines average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,200–$3,600 6.2% Tampines avg · block too thin
5-Room $3,700 typically $3,400–$3,900 5.4% Tampines avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 223 Simei Street 4 in Tampines, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Tampines
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2026 01 TO 03 5 ROOM 122 sqm $718,888 $5,893
Aug 2025 07 TO 09 5 ROOM 122 sqm $775,000 $6,352
Aug 2024 04 TO 06 4 ROOM 104 sqm $628,000 $6,038
Jan 2024 04 TO 06 5 ROOM 122 sqm $700,000 $5,738
Nov 2023 07 TO 09 4 ROOM 104 sqm $630,000 $6,058
Nov 2023 07 TO 09 5 ROOM 122 sqm $709,000 $5,811
Oct 2023 07 TO 09 5 ROOM 122 sqm $715,000 $5,861
Sep 2022 04 TO 06 4 ROOM 104 sqm $550,888 $5,297
Jan 2022 07 TO 09 4 ROOM 104 sqm $495,000 $4,760
Dec 2021 04 TO 06 4 ROOM 104 sqm $462,000 $4,442
Sep 2021 01 TO 03 5 ROOM 122 sqm $560,000 $4,590
Aug 2021 04 TO 06 5 ROOM 122 sqm $551,000 $4,516
Feb 2021 07 TO 09 4 ROOM 104 sqm $465,000 $4,471
Jun 2019 01 TO 03 4 ROOM 104 sqm $430,000 $4,135
Aug 2018 01 TO 03 5 ROOM 122 sqm $522,000 $4,279
Sep 2017 04 TO 06 5 ROOM 128 sqm $566,000 $4,422
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 223 Simei Street 4

Block 223 Simei Street 4 in Tampines has been a strong performer, with resale prices up roughly 34.5% over five years. Its $563,000 median tracks close to the Tampines town median. It has a relatively light resale record, with 16 transactions since 2017 across 4 room, 5 room flats priced from $430,000 to $775,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $718,888 in Jul 2026, and the median works out to $5,028/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 28% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8774, an annual lease decay of about 0.49%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 223 Simei Street 4 worth?

The most recent resale transaction at Block 223 Simei Street 4 was $718,888 for a 5 room flat in 2026-07. The median price per square metre across all flat types is $5,028, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 223 Simei Street 4?

Block 223 Simei Street 4 was built in 1988 and has approximately 61 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 223 Simei Street 4?

Block 223 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $430,000 to $775,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 223 Simei Street 4 gone up or down?

Resale prices at Block 223 Simei Street 4 have increased by approximately 34.5% over the past five years. The current median price is $563,000, with the most recent sale at $718,888 in 2026-07.

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