Block 123 Simei Street 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2025 | 04 TO 06 | 4 ROOM | 104 sqm | $678,000 | $6,519 |
| Nov 2025 | 01 TO 03 | 5 ROOM | 121 sqm | $768,000 | $6,347 |
| Aug 2025 | 01 TO 03 | 4 ROOM | 104 sqm | $645,000 | $6,202 |
| Jul 2025 | 01 TO 03 | 4 ROOM | 104 sqm | $660,000 | $6,346 |
| Jun 2025 | 07 TO 09 | 4 ROOM | 104 sqm | $670,000 | $6,442 |
| May 2025 | 10 TO 12 | 4 ROOM | 104 sqm | $675,000 | $6,490 |
| Feb 2025 | 01 TO 03 | 4 ROOM | 104 sqm | $620,000 | $5,962 |
| Dec 2024 | 04 TO 06 | 4 ROOM | 104 sqm | $640,000 | $6,154 |
| Oct 2024 | 04 TO 06 | 4 ROOM | 104 sqm | $680,000 | $6,538 |
| Aug 2024 | 01 TO 03 | 4 ROOM | 104 sqm | $610,000 | $5,865 |
| Jun 2024 | 04 TO 06 | 5 ROOM | 121 sqm | $750,000 | $6,198 |
| May 2024 | 01 TO 03 | 4 ROOM | 108 sqm | $610,000 | $5,648 |
| Dec 2023 | 04 TO 06 | 4 ROOM | 104 sqm | $645,888 | $6,210 |
| Dec 2022 | 10 TO 12 | 4 ROOM | 104 sqm | $635,000 | $6,106 |
| Jan 2022 | 07 TO 09 | 4 ROOM | 104 sqm | $540,000 | $5,192 |
| Nov 2021 | 07 TO 09 | 4 ROOM | 104 sqm | $510,000 | $4,904 |
| Sep 2021 | 04 TO 06 | 4 ROOM | 104 sqm | $525,000 | $5,048 |
| Jul 2021 | 01 TO 03 | 5 ROOM | 122 sqm | $580,000 | $4,754 |
| May 2021 | 04 TO 06 | 4 ROOM | 104 sqm | $456,000 | $4,385 |
| Apr 2021 | 07 TO 09 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
About Block 123 Simei Street 1
Block 123 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 $408,000 to $768,000 based on 36 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $678,000 in 2025-11. The current median price per square metre is $4,806. Over the past five years, resale prices at this block have increased by approximately 32.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8818, with an annual lease decay rate of approximately 0.47%. 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 123 Simei Street 1 worth?
The most recent resale transaction at Block 123 Simei Street 1 was $678,000 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $4,806, based on 36 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 123 Simei Street 1?
Block 123 Simei Street 1 was built in 1988 and has approximately 62 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.
What flat types are available at Block 123 Simei Street 1?
Block 123 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $408,000 to $768,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 123 Simei Street 1 gone up or down?
Resale prices at Block 123 Simei Street 1 have increased by approximately 32.7% over the past five years. The current median price is $558,000, with the most recent sale at $678,000 in 2025-11.