Block 132 Simei Street 1

3 Room · 4 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$435,000
Feb 2026 · 3 ROOM · #04-06
Median $/sqm
$5,117
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +33.8%
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 4 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/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 04 TO 06 3 ROOM 64 sqm $435,000 $6,797
Jul 2024 01 TO 03 4 ROOM 91 sqm $555,888 $6,109
Jun 2024 01 TO 03 3 ROOM 70 sqm $426,888 $6,098
May 2024 01 TO 03 3 ROOM 64 sqm $415,000 $6,484
Sep 2022 01 TO 03 3 ROOM 64 sqm $365,000 $5,703
Jun 2022 01 TO 03 4 ROOM 84 sqm $455,000 $5,417
Sep 2021 01 TO 03 3 ROOM 64 sqm $325,000 $5,078
Apr 2021 01 TO 03 3 ROOM 64 sqm $325,000 $5,078
Jan 2021 01 TO 03 3 ROOM 64 sqm $327,000 $5,109
Nov 2020 04 TO 06 3 ROOM 64 sqm $320,000 $5,000
Aug 2020 01 TO 03 3 ROOM 65 sqm $305,000 $4,692
Mar 2019 01 TO 03 3 ROOM 70 sqm $340,000 $4,857
Apr 2018 01 TO 03 3 ROOM 64 sqm $328,000 $5,125
Mar 2018 01 TO 03 4 ROOM 91 sqm $415,000 $4,560
Oct 2017 01 TO 03 3 ROOM 70 sqm $370,000 $5,286
May 2017 01 TO 03 3 ROOM 70 sqm $365,000 $5,214
May 2017 01 TO 03 4 ROOM 84 sqm $415,000 $4,940
Apr 2017 01 TO 03 4 ROOM 88 sqm $400,000 $4,545
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 132 Simei Street 1

Block 132 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 3 room, 4 room flats, with resale prices ranging from $305,000 to $555,888 based on 18 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $435,000 in 2026-02. The current median price per square metre is $5,117. Over the past five years, resale prices at this block have increased by approximately 33.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8788, with an annual lease decay rate of approximately 0.48%. 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 132 Simei Street 1 worth?

The most recent resale transaction at Block 132 Simei Street 1 was $435,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $5,117, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 132 Simei Street 1?

Block 132 Simei Street 1 was built in 1988 and has approximately 61 years and 4 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 132 Simei Street 1?

Block 132 Simei Street 1 in Tampines contains 3 room, 4 room flats. Resale prices range from $305,000 to $555,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 132 Simei Street 1 gone up or down?

Resale prices at Block 132 Simei Street 1 have increased by approximately 33.8% over the past five years. The current median price is $367,500, with the most recent sale at $435,000 in 2026-02.

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