Block 109 Simei Street 1

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$720,000
Mar 2025 · 5 ROOM · #01-03
Median $/sqm
$4,808
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +23.9%
Median price change
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 62 years remaining 99 years
62 years 8 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Mar 2025 01 TO 03 5 ROOM 122 sqm $720,000 $5,902
Feb 2025 07 TO 09 4 ROOM 104 sqm $700,000 $6,731
Feb 2025 10 TO 12 4 ROOM 104 sqm $680,000 $6,538
Jan 2024 07 TO 09 4 ROOM 104 sqm $626,000 $6,019
Jan 2023 10 TO 12 4 ROOM 104 sqm $600,000 $5,769
Jul 2022 04 TO 06 5 ROOM 122 sqm $660,000 $5,410
May 2022 04 TO 06 4 ROOM 104 sqm $580,000 $5,577
Jan 2022 01 TO 03 4 ROOM 104 sqm $488,000 $4,692
Aug 2021 04 TO 06 5 ROOM 122 sqm $630,000 $5,164
Feb 2021 04 TO 06 4 ROOM 104 sqm $500,000 $4,808
Mar 2020 07 TO 09 5 ROOM 122 sqm $555,000 $4,549
Sep 2019 04 TO 06 4 ROOM 104 sqm $433,000 $4,163
Jul 2019 01 TO 03 5 ROOM 122 sqm $522,000 $4,279
May 2019 01 TO 03 5 ROOM 122 sqm $515,000 $4,221
Oct 2018 04 TO 06 4 ROOM 104 sqm $480,000 $4,615
Mar 2018 01 TO 03 4 ROOM 104 sqm $423,000 $4,067
Feb 2018 01 TO 03 5 ROOM 128 sqm $520,000 $4,063
Jun 2017 07 TO 09 5 ROOM 122 sqm $560,000 $4,590
May 2017 07 TO 09 5 ROOM 122 sqm $590,000 $4,836
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 109 Simei Street 1

Block 109 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $423,000 to $720,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $720,000 in 2025-03. The current median price per square metre is $4,808. Over the past five years, resale prices at this block have increased by approximately 23.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8842, with an annual lease decay rate of approximately 0.46%. 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 109 Simei Street 1 worth?

The most recent resale transaction at Block 109 Simei Street 1 was $720,000 for a 5 room flat in 2025-03. The median price per square metre across all flat types is $4,808, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 109 Simei Street 1?

Block 109 Simei Street 1 was built in 1988 and has approximately 62 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 109 Simei Street 1?

Block 109 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $423,000 to $720,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 109 Simei Street 1 gone up or down?

Resale prices at Block 109 Simei Street 1 have increased by approximately 23.9% over the past five years. The current median price is $560,000, with the most recent sale at $720,000 in 2025-03.

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