Skip to content

Block 244 Simei Street 5

4 Room · 5 Room · Built 1997 · 70 years remaining lease MOP Cleared
Latest Sale
$770,000
Dec 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$5,542
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 21%
#168 / 787 Top 21%
Latest Sale ?
Top 29%
#230 / 787 Top 29%
Value ($/sqm) ?
Top 20%
#161 / 787 Top 20%
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
−0.34%/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 70 years remaining 99 years
70 years 2 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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 10 TO 12 4 ROOM 104 sqm $770,000 $7,404
Jun 2023 01 TO 03 5 ROOM 124 sqm $761,000 $6,137
Apr 2023 10 TO 12 5 ROOM 122 sqm $833,000 $6,828
Jan 2023 04 TO 06 5 ROOM 124 sqm $800,000 $6,452
Nov 2022 10 TO 12 5 ROOM 119 sqm $815,000 $6,849
Oct 2018 07 TO 09 5 ROOM 119 sqm $680,000 $5,714
Feb 2018 07 TO 09 5 ROOM 119 sqm $620,000 $5,210
Dec 2017 01 TO 03 5 ROOM 119 sqm $605,000 $5,084
Jul 2017 01 TO 03 4 ROOM 105 sqm $483,000 $4,600
May 2017 01 TO 03 5 ROOM 124 sqm $609,888 $4,918
Mar 2017 04 TO 06 4 ROOM 104 sqm $503,000 $4,837
Feb 2017 07 TO 09 5 ROOM 119 sqm $638,888 $5,369
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 244 Simei Street 5

Block 244 at Simei Street 5 is a residential HDB block in Tampines, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $483,000 to $833,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $770,000 in 2025-12. The current median price per square metre is $5,542. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9105, with an annual lease decay rate of approximately 0.34%. 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 244 Simei Street 5 worth?

The most recent resale transaction at Block 244 Simei Street 5 was $770,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,542, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 244 Simei Street 5?

Block 244 Simei Street 5 was built in 1997 and has approximately 70 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 244 Simei Street 5?

Block 244 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $483,000 to $833,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard