Block 148 Simei Street 1
Block 148 Simei Street 1 has 26 recorded HDB resale transactions since 2017. Latest sale: $815,888 (Oct 2026, 5 room, floors 04–06). Median $5,167/sqm. Prices up 25.7% over the past five years. Built 1988, 60 years lease remaining.
Blk 148 at $513K sits 7% below Tampines's $550K town median, pricier than 38% of its 797 priced blocks. See all HDB prices in Tampines →
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 | $3,600 typically $3,250–$3,650 | 7.6% | 7 rentals here |
| 5-Room | $3,700 typically $3,400–$3,900 | 5.4% | Tampines avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 4 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 148 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 |
|---|---|---|---|---|---|
| Oct 2026 | 04 TO 06 | 5 ROOM | 123 sqm | $815,888 | $6,633 |
| Aug 2026 | 04 TO 06 | 4 ROOM | 84 sqm | $550,000 | $6,548 |
| Oct 2025 | 07 TO 09 | 4 ROOM | 88 sqm | $588,000 | $6,682 |
| Jun 2025 | 10 TO 12 | 4 ROOM | 103 sqm | $662,500 | $6,432 |
| Apr 2025 | 01 TO 03 | 4 ROOM | 84 sqm | $572,000 | $6,810 |
| Feb 2025 | 01 TO 03 | 4 ROOM | 84 sqm | $560,000 | $6,667 |
| Jan 2025 | 01 TO 03 | 5 ROOM | 121 sqm | $700,000 | $5,785 |
| Nov 2024 | 10 TO 12 | 4 ROOM | 84 sqm | $571,888 | $6,808 |
| Aug 2024 | 04 TO 06 | 5 ROOM | 122 sqm | $682,000 | $5,590 |
| Dec 2022 | 04 TO 06 | 4 ROOM | 84 sqm | $460,000 | $5,476 |
| Jul 2022 | 07 TO 09 | 4 ROOM | 84 sqm | $505,000 | $6,012 |
| Feb 2022 | 10 TO 12 | 4 ROOM | 84 sqm | $428,000 | $5,095 |
| Feb 2022 | 07 TO 09 | 4 ROOM | 84 sqm | $440,000 | $5,238 |
| Mar 2021 | 10 TO 12 | 4 ROOM | 103 sqm | $455,000 | $4,417 |
| Oct 2020 | 01 TO 03 | 4 ROOM | 84 sqm | $365,000 | $4,345 |
| Sep 2020 | 10 TO 12 | 4 ROOM | 84 sqm | $410,000 | $4,881 |
| Jun 2020 | 10 TO 12 | 5 ROOM | 122 sqm | $568,000 | $4,656 |
| Aug 2019 | 01 TO 03 | 5 ROOM | 121 sqm | $530,000 | $4,380 |
| Feb 2019 | 10 TO 12 | 5 ROOM | 121 sqm | $520,000 | $4,298 |
| Oct 2018 | 04 TO 06 | 4 ROOM | 84 sqm | $406,000 | $4,833 |
About Block 148 Simei Street 1
Resale prices at Block 148 Simei Street 1 in Tampines have risen sharply, up about 25.7% over the past five years. Its median sits about 7% below the Tampines median, cheaper than about 62% of the town's blocks. It has a regular flow of resale activity, with 26 transactions since 2017 across 4 room, 5 room flats priced from $365,000 to $815,888. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $815,888 in Oct 2026, and the median works out to $5,167/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8756, equivalent to roughly 0.50% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 148 Simei Street 1 worth?
The most recent resale transaction at Block 148 Simei Street 1 was $815,888 for a 5 room flat in 2026-10. The median price per square metre across all flat types is $5,167, based on 26 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 148 Simei Street 1?
Block 148 Simei Street 1 was built in 1988 and has approximately 60 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 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.
What flat types are available at Block 148 Simei Street 1?
Block 148 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $365,000 to $815,888 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 148 Simei Street 1 gone up or down?
Resale prices at Block 148 Simei Street 1 have increased by approximately 25.7% over the past five years. The current median price is $512,500, with the most recent sale at $815,888 in 2026-10.