Block 161 Simei Road
Block 161 Simei Road has 7 recorded HDB resale transactions since 2017. Latest sale: $670,000 (May 2024, 5 room, floors 04–06). Median $4,380/sqm. Built 1989, 63 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Tampines average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,400 typically $3,200–$3,600 | 6.2% | Tampines avg · block too thin |
| 5-Room | $3,650 typically $3,400–$3,900 | 5.3% | Tampines avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 161 Simei Road in Tampines, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2024 | 04 TO 06 | 5 ROOM | 120 sqm | $670,000 | $5,583 |
| Nov 2022 | 01 TO 03 | 5 ROOM | 122 sqm | $610,000 | $5,000 |
| Sep 2022 | 01 TO 03 | 4 ROOM | 104 sqm | $485,000 | $4,663 |
| Jun 2022 | 01 TO 03 | 5 ROOM | 129 sqm | $565,000 | $4,380 |
| Sep 2020 | 04 TO 06 | 4 ROOM | 104 sqm | $392,800 | $3,777 |
| Jun 2019 | 01 TO 03 | 4 ROOM | 108 sqm | $425,000 | $3,935 |
| Mar 2017 | 04 TO 06 | 5 ROOM | 122 sqm | $498,000 | $4,082 |
About Block 161 Simei Road
Block 161 Simei Road is an established HDB block in Tampines, built in 1989 with about 63 years remaining on its 99-year lease. Its median sits about 9% below the Tampines median, cheaper than about 65% of the town's blocks. It has a relatively light resale record, with 7 transactions since 2017 across 4 room, 5 room flats priced from $392,800 to $670,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $670,000 in May 2024, and the median works out to $4,380/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8891, equivalent to roughly 0.44% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 161 Simei Road worth?
The most recent resale transaction at Block 161 Simei Road was $670,000 for a 5 room flat in 2024-05. The median price per square metre across all flat types is $4,380, based on 7 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 161 Simei Road?
Block 161 Simei Road was built in 1989 and has approximately 63 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.
What flat types are available at Block 161 Simei Road?
Block 161 Simei Road in Tampines contains 4 room, 5 room flats. Resale prices range from $392,800 to $670,000 based on historical transaction records from data.gov.sg.