Block 245 Simei Street 5
Block 245 Simei Street 5 has 16 recorded HDB resale transactions since 2017. Latest sale: $775,000 (Dec 2025, 4 room, floors 04–06). Median $5,780/sqm. Prices up 52% over the past five years. Built 1997, 70 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| 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 | $4,000 typically $3,750–$4,000 | — | 5 rentals here |
No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Dec 2025 | 04 TO 06 | 4 ROOM | 105 sqm | $775,000 | $7,381 |
| Nov 2025 | 04 TO 06 | 4 ROOM | 105 sqm | $740,000 | $7,048 |
| May 2025 | 07 TO 09 | 4 ROOM | 105 sqm | $760,000 | $7,238 |
| Jul 2024 | 04 TO 06 | 4 ROOM | 105 sqm | $750,000 | $7,143 |
| Apr 2024 | 07 TO 09 | 5 ROOM | 122 sqm | $808,000 | $6,623 |
| Apr 2024 | 10 TO 12 | 5 ROOM | 124 sqm | $855,000 | $6,895 |
| Sep 2022 | 10 TO 12 | 5 ROOM | 124 sqm | $790,888 | $6,378 |
| Sep 2021 | 01 TO 03 | 5 ROOM | 119 sqm | $633,000 | $5,319 |
| May 2021 | 04 TO 06 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
| Nov 2020 | 10 TO 12 | 5 ROOM | 119 sqm | $667,000 | $5,605 |
| Oct 2020 | 01 TO 03 | 4 ROOM | 105 sqm | $470,000 | $4,476 |
| Feb 2020 | 01 TO 03 | 5 ROOM | 121 sqm | $595,000 | $4,917 |
| Dec 2019 | 07 TO 09 | 5 ROOM | 122 sqm | $705,000 | $5,779 |
| Aug 2019 | 04 TO 06 | 4 ROOM | 104 sqm | $515,000 | $4,952 |
| May 2018 | 04 TO 06 | 5 ROOM | 124 sqm | $650,000 | $5,242 |
| May 2018 | 04 TO 06 | 5 ROOM | 119 sqm | $688,000 | $5,782 |
About Block 245 Simei Street 5
Block 245 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 $470,000 to $855,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $775,000 in 2025-12. The current median price per square metre is $5,780. Over the past five years, resale prices at this block have increased by approximately 52%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9103, with an annual lease decay rate of approximately 0.35%. 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 245 Simei Street 5 worth?
The most recent resale transaction at Block 245 Simei Street 5 was $775,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,780, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 245 Simei Street 5?
Block 245 Simei Street 5 was built in 1997 and has approximately 70 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.
What flat types are available at Block 245 Simei Street 5?
Block 245 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $470,000 to $855,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 245 Simei Street 5 gone up or down?
Resale prices at Block 245 Simei Street 5 have increased by approximately 52% over the past five years. The current median price is $696,500, with the most recent sale at $775,000 in 2025-12.