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Block 227 Simei Street 4

4 Room · 5 Room · Built 1988 · 62 years remaining lease · Updated Nov 2024 MOP Cleared

Block 227 Simei Street 4 has 11 recorded HDB resale transactions since 2017. Latest sale: $666,000 (Nov 2024, 4 room, floors 10–12). Median $4,760/sqm. Built 1988, 62 years lease remaining.

Latest Sale
$666,000
Nov 2024 · 4 ROOM · Floor 10-12
Median $/sqm
$4,760
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 31%
#242 / 789 Top 31%
Latest Sale ?
Top 50%
#395 / 789 Top 50%
Value ($/sqm) ?
Top 66%
#522 / 789 Top 66%
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
−0.46%/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 62 years remaining 99 years
62 years 9 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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 $3,150–$3,600 6.2% Tampines avg · block too thin
5-Room $3,650 typically $3,400–$3,900 5.3% 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

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

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.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2024 10 TO 12 4 ROOM 104 sqm $666,000 $6,404
Oct 2024 07 TO 09 4 ROOM 104 sqm $650,000 $6,250
Jul 2024 01 TO 03 4 ROOM 104 sqm $605,011 $5,817
Oct 2023 01 TO 03 5 ROOM 122 sqm $630,000 $5,164
Jul 2023 04 TO 06 4 ROOM 104 sqm $595,000 $5,721
Oct 2021 04 TO 06 4 ROOM 104 sqm $472,000 $4,538
Oct 2021 10 TO 12 5 ROOM 129 sqm $610,000 $4,729
Jun 2021 01 TO 03 5 ROOM 128 sqm $550,000 $4,297
Jan 2020 10 TO 12 4 ROOM 104 sqm $445,000 $4,279
Jul 2018 07 TO 09 4 ROOM 104 sqm $495,000 $4,760
Apr 2018 01 TO 03 5 ROOM 122 sqm $500,000 $4,098
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 227 Simei Street 4

Block 227 at Simei Street 4 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $445,000 to $666,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $666,000 in 2024-11. The current median price per square metre is $4,760. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8845, with an annual lease decay rate of approximately 0.46%. 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 227 Simei Street 4 worth?

The most recent resale transaction at Block 227 Simei Street 4 was $666,000 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $4,760, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 227 Simei Street 4?

Block 227 Simei Street 4 was built in 1988 and has approximately 62 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 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 227 Simei Street 4?

Block 227 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $445,000 to $666,000 based on historical transaction records from data.gov.sg.

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