Block 117 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$600,000
Feb 2026 · 4 ROOM · #07-09
Median $/sqm
$4,881
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +6.3%
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 61 years remaining 99 years
61 years 2 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/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
Feb 2026 07 TO 09 4 ROOM 84 sqm $600,000 $7,143
Sep 2025 07 TO 09 4 ROOM 84 sqm $580,000 $6,905
Jun 2025 07 TO 09 4 ROOM 84 sqm $625,000 $7,440
Jun 2025 04 TO 06 5 ROOM 123 sqm $741,888 $6,032
Feb 2025 07 TO 09 5 ROOM 122 sqm $728,888 $5,974
Nov 2024 01 TO 03 5 ROOM 123 sqm $700,000 $5,691
Nov 2024 04 TO 06 5 ROOM 123 sqm $765,000 $6,220
Jan 2024 01 TO 03 5 ROOM 121 sqm $628,888 $5,197
Mar 2023 07 TO 09 5 ROOM 122 sqm $678,000 $5,557
Nov 2022 10 TO 12 5 ROOM 122 sqm $655,888 $5,376
May 2022 07 TO 09 4 ROOM 84 sqm $440,000 $5,238
May 2022 07 TO 09 5 ROOM 122 sqm $612,000 $5,016
Feb 2022 01 TO 03 5 ROOM 122 sqm $570,000 $4,672
Oct 2021 07 TO 09 5 ROOM 122 sqm $588,000 $4,820
Dec 2020 01 TO 03 4 ROOM 84 sqm $356,000 $4,238
Jul 2020 07 TO 09 5 ROOM 122 sqm $545,000 $4,467
May 2020 10 TO 12 4 ROOM 103 sqm $475,000 $4,612
May 2020 01 TO 03 5 ROOM 122 sqm $485,000 $3,975
Sep 2019 07 TO 09 4 ROOM 84 sqm $360,000 $4,286
Jul 2019 04 TO 06 4 ROOM 84 sqm $391,000 $4,655
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 117 Simei Street 1

Block 117 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $356,000 to $765,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $600,000 in 2026-02. The current median price per square metre is $4,881. Over the past five years, resale prices at this block have increased by approximately 6.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8781, with an annual lease decay rate of approximately 0.49%. 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 117 Simei Street 1 worth?

The most recent resale transaction at Block 117 Simei Street 1 was $600,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,881, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 117 Simei Street 1?

Block 117 Simei Street 1 was built in 1988 and has approximately 61 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 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 117 Simei Street 1?

Block 117 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $356,000 to $765,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 117 Simei Street 1 gone up or down?

Resale prices at Block 117 Simei Street 1 have increased by approximately 6.3% over the past five years. The current median price is $580,000, with the most recent sale at $600,000 in 2026-02.

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