Block 149 Simei Street 1

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$590,000
Dec 2025 · 4 ROOM · #07-09
Median $/sqm
$4,941
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +42.9%
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
Dec 2025 07 TO 09 4 ROOM 84 sqm $590,000 $7,024
Jun 2025 10 TO 12 4 ROOM 88 sqm $610,000 $6,932
Mar 2025 04 TO 06 4 ROOM 84 sqm $590,000 $7,024
Feb 2025 04 TO 06 4 ROOM 84 sqm $623,000 $7,417
Jan 2025 07 TO 09 4 ROOM 84 sqm $600,000 $7,143
Feb 2024 01 TO 03 5 ROOM 122 sqm $638,000 $5,230
Sep 2023 07 TO 09 5 ROOM 122 sqm $700,000 $5,738
Jan 2023 07 TO 09 5 ROOM 122 sqm $708,000 $5,803
Jul 2022 07 TO 09 4 ROOM 84 sqm $480,000 $5,714
Oct 2021 07 TO 09 5 ROOM 122 sqm $602,888 $4,942
Sep 2021 01 TO 03 4 ROOM 84 sqm $415,000 $4,940
Aug 2021 07 TO 09 5 ROOM 122 sqm $560,000 $4,590
Jul 2021 10 TO 12 4 ROOM 84 sqm $415,000 $4,940
May 2021 07 TO 09 4 ROOM 84 sqm $420,000 $5,000
Oct 2020 01 TO 03 4 ROOM 88 sqm $360,000 $4,091
Mar 2020 10 TO 12 4 ROOM 103 sqm $458,000 $4,447
Feb 2020 07 TO 09 5 ROOM 122 sqm $552,000 $4,525
Jun 2019 04 TO 06 4 ROOM 84 sqm $400,000 $4,762
May 2019 04 TO 06 4 ROOM 84 sqm $385,000 $4,583
Sep 2018 10 TO 12 4 ROOM 84 sqm $415,888 $4,951
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 149 Simei Street 1

Block 149 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 4 room, 5 room flats, with resale prices ranging from $360,000 to $708,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $590,000 in 2025-12. The current median price per square metre is $4,941. Over the past five years, resale prices at this block have increased by approximately 42.9%. 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 149 Simei Street 1 worth?

The most recent resale transaction at Block 149 Simei Street 1 was $590,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,941, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 149 Simei Street 1?

Block 149 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 149 Simei Street 1?

Block 149 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $360,000 to $708,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 149 Simei Street 1 gone up or down?

Resale prices at Block 149 Simei Street 1 have increased by approximately 42.9% over the past five years. The current median price is $505,000, with the most recent sale at $590,000 in 2025-12.

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