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Block 254 Simei Street 1

4 Room · 5 Room · Built 1996 · 69 years remaining lease MOP Cleared
Latest Sale
$720,000
Apr 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$5,679
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +41.5%
Median price change
Median Price ?
Top 27%
#216 / 788 Top 27%
Latest Sale ?
Top 39%
#309 / 788 Top 39%
Value ($/sqm) ?
Top 18%
#140 / 788 Top 18%
5-Year Growth ?
Top 22%
#123 / 550 Top 22%
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
--
Future Value Projection
Market Appreciation
+7.2%/yr
vs
Lease Decay
−0.35%/yr
Growth assumption
Based on this block’s +41.5% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 69 years remaining 99 years
69 years 5 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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
Apr 2026 07 TO 09 4 ROOM 99 sqm $720,000 $7,273
Jan 2025 07 TO 09 5 ROOM 118 sqm $888,000 $7,525
Apr 2024 10 TO 12 4 ROOM 99 sqm $670,000 $6,768
Nov 2023 04 TO 06 4 ROOM 98 sqm $630,000 $6,429
Nov 2023 07 TO 09 4 ROOM 99 sqm $638,000 $6,444
Nov 2023 04 TO 06 5 ROOM 120 sqm $780,000 $6,500
Aug 2023 04 TO 06 4 ROOM 100 sqm $615,000 $6,150
Aug 2023 07 TO 09 4 ROOM 99 sqm $638,000 $6,444
Jul 2023 04 TO 06 4 ROOM 99 sqm $580,000 $5,859
Nov 2022 01 TO 03 5 ROOM 120 sqm $740,000 $6,167
Jan 2022 04 TO 06 4 ROOM 98 sqm $538,888 $5,499
Oct 2021 01 TO 03 4 ROOM 101 sqm $535,000 $5,297
May 2021 04 TO 06 5 ROOM 118 sqm $635,000 $5,381
Apr 2021 07 TO 09 4 ROOM 98 sqm $500,000 $5,102
Feb 2021 04 TO 06 5 ROOM 118 sqm $600,000 $5,085
Oct 2019 01 TO 03 4 ROOM 101 sqm $470,000 $4,653
Feb 2019 01 TO 03 5 ROOM 120 sqm $548,000 $4,567
Jun 2018 04 TO 06 4 ROOM 98 sqm $532,000 $5,429
May 2018 10 TO 12 4 ROOM 99 sqm $540,000 $5,455
Apr 2017 10 TO 12 4 ROOM 99 sqm $530,000 $5,354
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 254 Simei Street 1

Block 254 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 69 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $470,000 to $888,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $720,000 in 2026-04. The current median price per square metre is $5,679. Over the past five years, resale prices at this block have increased by approximately 41.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9082, with an annual lease decay rate of approximately 0.35%. 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 254 Simei Street 1 worth?

The most recent resale transaction at Block 254 Simei Street 1 was $720,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,679, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 254 Simei Street 1?

Block 254 Simei Street 1 was built in 1996 and has approximately 69 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 254 Simei Street 1?

Block 254 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $470,000 to $888,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 254 Simei Street 1 gone up or down?

Resale prices at Block 254 Simei Street 1 have increased by approximately 41.5% over the past five years. The current median price is $607,500, with the most recent sale at $720,000 in 2026-04.

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