Block 129 Simei Street 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Sep 2022 | 01 TO 03 | 5 ROOM | 121 sqm | $590,000 | $4,876 |
| Jan 2022 | 01 TO 03 | 5 ROOM | 126 sqm | $600,000 | $4,762 |
| Oct 2021 | 04 TO 06 | 4 ROOM | 84 sqm | $415,000 | $4,940 |
| Jul 2021 | 04 TO 06 | 5 ROOM | 123 sqm | $588,888 | $4,788 |
| Apr 2021 | 01 TO 03 | 4 ROOM | 88 sqm | $440,000 | $5,000 |
About Block 129 Simei Street 1
Block 129 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1987 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $415,000 to $600,000 based on 5 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $590,000 in 2022-09. The current median price per square metre is $4,876. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8897, with an annual lease decay rate of approximately 0.43%. 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 129 Simei Street 1 worth?
The most recent resale transaction at Block 129 Simei Street 1 was $590,000 for a 5 room flat in 2022-09. The median price per square metre across all flat types is $4,876, based on 5 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 129 Simei Street 1?
Block 129 Simei Street 1 was built in 1987 and has approximately 64 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 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.
What flat types are available at Block 129 Simei Street 1?
Block 129 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $415,000 to $600,000 based on historical transaction records from data.gov.sg.