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Block 230 Simei Street 4

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$660,000
Aug 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$4,904
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 42%
#331 / 787 Top 42%
Latest Sale ?
Top 51%
#403 / 787 Top 51%
Value ($/sqm) ?
Top 51%
#401 / 787 Top 51%
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
−0.47%/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
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 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
Aug 2025 04 TO 06 4 ROOM 104 sqm $660,000 $6,346
Oct 2024 07 TO 09 5 ROOM 122 sqm $776,000 $6,361
Aug 2024 01 TO 03 5 ROOM 122 sqm $710,000 $5,820
Jul 2024 07 TO 09 4 ROOM 104 sqm $650,000 $6,250
May 2024 01 TO 03 4 ROOM 104 sqm $580,000 $5,577
Oct 2022 04 TO 06 4 ROOM 104 sqm $558,000 $5,365
Sep 2022 07 TO 09 5 ROOM 122 sqm $688,888 $5,647
Jul 2022 04 TO 06 4 ROOM 104 sqm $510,000 $4,904
Feb 2022 04 TO 06 5 ROOM 128 sqm $660,000 $5,156
Aug 2020 01 TO 03 4 ROOM 104 sqm $412,000 $3,962
Jul 2019 01 TO 03 5 ROOM 122 sqm $550,000 $4,508
Mar 2019 07 TO 09 4 ROOM 104 sqm $420,000 $4,038
Dec 2017 07 TO 09 5 ROOM 122 sqm $565,000 $4,631
Nov 2017 07 TO 09 4 ROOM 104 sqm $486,888 $4,682
Aug 2017 07 TO 09 4 ROOM 104 sqm $500,000 $4,808
Jun 2017 10 TO 12 4 ROOM 104 sqm $495,000 $4,760
Apr 2017 01 TO 03 4 ROOM 104 sqm $475,000 $4,567
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 230 Simei Street 4

Block 230 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 $412,000 to $776,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $660,000 in 2025-08. The current median price per square metre is $4,904. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8815, 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 230 Simei Street 4 worth?

The most recent resale transaction at Block 230 Simei Street 4 was $660,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $4,904, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 230 Simei Street 4?

Block 230 Simei Street 4 was built in 1988 and has approximately 62 years 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 230 Simei Street 4?

Block 230 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $412,000 to $776,000 based on historical transaction records from data.gov.sg.

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