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Block 53 Sims Place

3 Room · 5 Room · Built 1981 · 53 years remaining lease MOP Cleared
Latest Sale
$430,000
Apr 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$5,076
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +46.8%
Median price change
Median Price ?
Top 72%
#181 / 253 Top 72%
Latest Sale ?
Top 69%
#174 / 253 Top 69%
Value ($/sqm) ?
Top 62%
#158 / 253 Top 62%
5-Year Growth ?
Top 14%
#25 / 185 Top 14%
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
+8%/yr
vs
Lease Decay
−0.65%/yr
Growth assumption
Based on this block’s +46.8% 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 53 years remaining 99 years
53 years 10 months
Remaining lease
↓ 0.65%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.65%/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
Apr 2026 07 TO 09 3 ROOM 76 sqm $430,000 $5,658
Apr 2026 04 TO 06 3 ROOM 76 sqm $430,000 $5,658
Apr 2026 13 TO 15 3 ROOM 65 sqm $438,000 $6,738
Aug 2025 04 TO 06 3 ROOM 65 sqm $390,000 $6,000
Jan 2025 01 TO 03 3 ROOM 65 sqm $379,000 $5,831
Sep 2024 07 TO 09 3 ROOM 76 sqm $428,000 $5,632
Sep 2024 10 TO 12 3 ROOM 65 sqm $435,000 $6,692
Nov 2023 07 TO 09 3 ROOM 76 sqm $388,000 $5,105
Aug 2023 04 TO 06 3 ROOM 65 sqm $350,000 $5,385
Jul 2023 01 TO 03 3 ROOM 65 sqm $348,000 $5,354
Jan 2023 01 TO 03 3 ROOM 65 sqm $335,000 $5,154
Nov 2022 10 TO 12 3 ROOM 65 sqm $353,000 $5,431
Feb 2022 07 TO 09 3 ROOM 65 sqm $328,000 $5,046
Dec 2021 07 TO 09 3 ROOM 65 sqm $318,000 $4,892
Oct 2021 07 TO 09 3 ROOM 65 sqm $300,000 $4,615
Aug 2021 10 TO 12 3 ROOM 65 sqm $285,800 $4,397
May 2021 04 TO 06 3 ROOM 65 sqm $260,000 $4,000
Dec 2020 04 TO 06 3 ROOM 76 sqm $355,000 $4,671
Jul 2020 07 TO 09 5 ROOM 150 sqm $645,000 $4,300
Jun 2020 07 TO 09 3 ROOM 65 sqm $270,000 $4,154
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 53 Sims Place

Block 53 at Sims Place is a residential HDB block in Geylang, Singapore, built in 1981 with approximately 53 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $260,000 to $645,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $430,000 in 2026-04. The current median price per square metre is $5,076. Over the past five years, resale prices at this block have increased by approximately 46.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8431, with an annual lease decay rate of approximately 0.65%. 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 53 Sims Place worth?

The most recent resale transaction at Block 53 Sims Place was $430,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $5,076, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 53 Sims Place?

Block 53 Sims Place was built in 1981 and has approximately 53 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.65%, meaning the leasehold value decreases by approximately 0.65% per year at the current remaining lease.

What flat types are available at Block 53 Sims Place?

Block 53 Sims Place in Geylang contains 3 room, 5 room flats. Resale prices range from $260,000 to $645,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 53 Sims Place gone up or down?

Resale prices at Block 53 Sims Place have increased by approximately 46.8% over the past five years. The current median price is $341,500, with the most recent sale at $430,000 in 2026-04.

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