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Block 147 Simei Street 2

Executive · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$1,100,000
Mar 2026 · EXECUTIVE · #01-03
Median $/sqm
$4,914
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
▲ +46.5%
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 2 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/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
Mar 2026 01 TO 03 EXECUTIVE 154 sqm $1,100,000 $7,143
Jul 2025 01 TO 03 EXECUTIVE 146 sqm $965,000 $6,610
Jan 2021 01 TO 03 EXECUTIVE 146 sqm $705,000 $4,829
Dec 2020 01 TO 03 EXECUTIVE 146 sqm $715,000 $4,897
Aug 2020 01 TO 03 EXECUTIVE 154 sqm $718,000 $4,662
Jun 2020 01 TO 03 EXECUTIVE 146 sqm $680,000 $4,658
Mar 2018 01 TO 03 EXECUTIVE 146 sqm $720,000 $4,932
Jul 2017 01 TO 03 EXECUTIVE 146 sqm $740,000 $5,068
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 147 Simei Street 2

Block 147 at Simei Street 2 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $680,000 to $1,100,000 based on 8 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $1,100,000 in 2026-03. The current median price per square metre is $4,914. Over the past five years, resale prices at this block have increased by approximately 46.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8781, with an annual lease decay rate of approximately 0.49%. 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 147 Simei Street 2 worth?

The most recent resale transaction at Block 147 Simei Street 2 was $1,100,000 for a executive flat in 2026-03. The median price per square metre across all flat types is $4,914, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 147 Simei Street 2?

Block 147 Simei Street 2 was built in 1988 and has approximately 61 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 147 Simei Street 2?

Block 147 Simei Street 2 in Tampines contains executive flats. Resale prices range from $680,000 to $1,100,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 147 Simei Street 2 gone up or down?

Resale prices at Block 147 Simei Street 2 have increased by approximately 46.5% over the past five years. The current median price is $719,000, with the most recent sale at $1,100,000 in 2026-03.

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