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Block 247 Simei Street 5

4 Room · 5 Room · Built 1997 · 70 years remaining lease MOP Cleared
Latest Sale
$800,000
Dec 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$5,459
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +35.3%
Median price change
Median Price ?
Top 21%
#166 / 787 Top 21%
Latest Sale ?
Top 24%
#186 / 787 Top 24%
Value ($/sqm) ?
Top 23%
#178 / 787 Top 23%
5-Year Growth ?
Top 54%
#296 / 547 Top 54%
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
+6.2%/yr
vs
Lease Decay
−0.34%/yr
Growth assumption
Based on this block’s +35.3% 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 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 105 sqm $800,000 $7,619
Jan 2025 10 TO 12 5 ROOM 124 sqm $845,000 $6,815
Jul 2024 01 TO 03 5 ROOM 121 sqm $800,088 $6,612
Nov 2023 04 TO 06 4 ROOM 105 sqm $620,000 $5,905
Feb 2022 04 TO 06 5 ROOM 124 sqm $680,000 $5,484
Oct 2021 04 TO 06 5 ROOM 122 sqm $710,000 $5,820
Sep 2021 01 TO 03 4 ROOM 101 sqm $530,000 $5,248
Aug 2021 07 TO 09 5 ROOM 122 sqm $660,000 $5,410
Aug 2021 10 TO 12 5 ROOM 122 sqm $663,000 $5,434
Dec 2020 01 TO 03 5 ROOM 124 sqm $580,000 $4,677
Feb 2019 04 TO 06 4 ROOM 105 sqm $500,000 $4,762
May 2017 01 TO 03 5 ROOM 124 sqm $559,000 $4,508
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 247 Simei Street 5

Block 247 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 $500,000 to $845,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $800,000 in 2025-12. The current median price per square metre is $5,459. Over the past five years, resale prices at this block have increased by approximately 35.3%. 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 247 Simei Street 5 worth?

The most recent resale transaction at Block 247 Simei Street 5 was $800,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,459, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 247 Simei Street 5?

Block 247 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 247 Simei Street 5?

Block 247 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $500,000 to $845,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 247 Simei Street 5 gone up or down?

Resale prices at Block 247 Simei Street 5 have increased by approximately 35.3% over the past five years. The current median price is $661,500, with the most recent sale at $800,000 in 2025-12.

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