Block 256 Simei Street 1

4 Room · 5 Room · Built 1996 · 70 years remaining lease MOP Cleared
Latest Sale
$623,000
Jul 2025 · 4 ROOM · #01-03
Median $/sqm
$5,312
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +16.4%
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 70 years remaining 99 years
70 years 5 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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
Jul 2025 01 TO 03 4 ROOM 101 sqm $623,000 $6,168
Sep 2024 04 TO 06 4 ROOM 101 sqm $660,000 $6,535
Apr 2024 04 TO 06 5 ROOM 119 sqm $770,000 $6,471
Jul 2023 01 TO 03 4 ROOM 101 sqm $595,000 $5,891
Jan 2023 10 TO 12 4 ROOM 101 sqm $618,000 $6,119
Aug 2021 07 TO 09 4 ROOM 101 sqm $538,000 $5,327
Jun 2021 04 TO 06 4 ROOM 101 sqm $535,000 $5,297
May 2021 04 TO 06 4 ROOM 101 sqm $508,000 $5,030
Aug 2020 01 TO 03 4 ROOM 101 sqm $460,000 $4,554
Jun 2019 01 TO 03 4 ROOM 101 sqm $465,000 $4,604
Oct 2018 10 TO 12 4 ROOM 101 sqm $500,000 $4,950
Oct 2018 01 TO 03 5 ROOM 122 sqm $640,000 $5,246
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 256 Simei Street 1

Block 256 at Simei Street 1 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $460,000 to $770,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $623,000 in 2025-07. The current median price per square metre is $5,312. Over the past five years, resale prices at this block have increased by approximately 16.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9113, with an annual lease decay rate of approximately 0.34%. 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 256 Simei Street 1 worth?

The most recent resale transaction at Block 256 Simei Street 1 was $623,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $5,312, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 256 Simei Street 1?

Block 256 Simei Street 1 was built in 1996 and has approximately 70 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 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 256 Simei Street 1?

Block 256 Simei Street 1 in Tampines contains 4 room, 5 room flats. Resale prices range from $460,000 to $770,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 256 Simei Street 1 gone up or down?

Resale prices at Block 256 Simei Street 1 have increased by approximately 16.4% over the past five years. The current median price is $566,500, with the most recent sale at $623,000 in 2025-07.

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