Block 227 Simei Street 4

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$666,000
Nov 2024 · 4 ROOM · #10-12
Median $/sqm
$4,760
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
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Insufficient data
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 62 years remaining 99 years
62 years 9 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Nov 2024 10 TO 12 4 ROOM 104 sqm $666,000 $6,404
Oct 2024 07 TO 09 4 ROOM 104 sqm $650,000 $6,250
Jul 2024 01 TO 03 4 ROOM 104 sqm $605,011 $5,817
Oct 2023 01 TO 03 5 ROOM 122 sqm $630,000 $5,164
Jul 2023 04 TO 06 4 ROOM 104 sqm $595,000 $5,721
Oct 2021 04 TO 06 4 ROOM 104 sqm $472,000 $4,538
Oct 2021 10 TO 12 5 ROOM 129 sqm $610,000 $4,729
Jun 2021 01 TO 03 5 ROOM 128 sqm $550,000 $4,297
Jan 2020 10 TO 12 4 ROOM 104 sqm $445,000 $4,279
Jul 2018 07 TO 09 4 ROOM 104 sqm $495,000 $4,760
Apr 2018 01 TO 03 5 ROOM 122 sqm $500,000 $4,098
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 227 Simei Street 4

Block 227 at Simei Street 4 is a residential HDB block in Tampines, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $445,000 to $666,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $666,000 in 2024-11. The current median price per square metre is $4,760. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8845, with an annual lease decay rate of approximately 0.46%. 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 227 Simei Street 4 worth?

The most recent resale transaction at Block 227 Simei Street 4 was $666,000 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $4,760, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 227 Simei Street 4?

Block 227 Simei Street 4 was built in 1988 and has approximately 62 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 227 Simei Street 4?

Block 227 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $445,000 to $666,000 based on historical transaction records from data.gov.sg.

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