Block 123 Simei Street 1
Block 123 Simei Street 1 has 37 recorded HDB resale transactions since 2017. Latest sale: $670,000 (May 2026, 4 room, floors 07–09). Median $4,808/sqm. Prices up 33.8% over the past five years. Built 1988, 61 years lease remaining.
How this block compares
- 4 Room$670,000+1.5%vs town(+$10k)+6.3%vs national(+$40k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,550 typically $3,400–$3,700 | 6.4% | 5 rentals here |
| 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 3 popular schools. 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 123 Simei Street 1 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 2026 | 07 TO 09 | 4 ROOM | 104 sqm | $670,000 | $6,442 |
| 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 |
About Block 123 Simei Street 1
Block 123 Simei Street 1 in Tampines has been a strong performer, with resale prices up roughly 33.8% over five years. Its $563,000 median tracks close to the Tampines town median. It has a regular flow of resale activity, with 37 transactions since 2017 across 4 room, 5 room flats priced from $408,000 to $768,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $670,000 in May 2026, and the median works out to $4,808/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 15% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8798, an annual lease decay of about 0.48%. All transaction data is sourced from data.gov.sg and 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 $670,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $4,808, based on 37 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 61 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% 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 33.8% over the past five years. The current median price is $563,000, with the most recent sale at $670,000 in 2026-05.