Block 228 Simei Street 4

4 Room · 5 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$618,000
Feb 2026 · 4 ROOM · #01-03
Median $/sqm
$4,816
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +37.1%
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 5 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
Feb 2026 01 TO 03 4 ROOM 104 sqm $618,000 $5,942
Aug 2025 04 TO 06 4 ROOM 103 sqm $670,000 $6,505
Mar 2025 04 TO 06 4 ROOM 104 sqm $660,000 $6,346
Feb 2025 07 TO 09 5 ROOM 122 sqm $800,000 $6,557
Dec 2024 07 TO 09 4 ROOM 104 sqm $648,000 $6,231
Dec 2024 01 TO 03 5 ROOM 122 sqm $712,000 $5,836
Feb 2024 10 TO 12 5 ROOM 122 sqm $718,000 $5,885
Dec 2023 01 TO 03 5 ROOM 122 sqm $715,000 $5,861
Aug 2021 07 TO 09 4 ROOM 104 sqm $485,000 $4,663
Oct 2020 10 TO 12 5 ROOM 122 sqm $592,000 $4,852
Feb 2020 07 TO 09 4 ROOM 104 sqm $445,000 $4,279
Feb 2020 04 TO 06 5 ROOM 122 sqm $529,000 $4,336
Aug 2019 04 TO 06 4 ROOM 104 sqm $425,000 $4,087
Jul 2019 04 TO 06 5 ROOM 122 sqm $525,000 $4,303
Jul 2019 07 TO 09 5 ROOM 122 sqm $583,000 $4,779
Aug 2018 04 TO 06 5 ROOM 122 sqm $540,000 $4,426
Mar 2018 01 TO 03 5 ROOM 122 sqm $510,000 $4,180
Oct 2017 07 TO 09 4 ROOM 104 sqm $515,000 $4,952
May 2017 07 TO 09 5 ROOM 128 sqm $575,000 $4,492
Mar 2017 04 TO 06 4 ROOM 104 sqm $450,000 $4,327
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 228 Simei Street 4

Block 228 at Simei Street 4 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 $425,000 to $800,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $618,000 in 2026-02. The current median price per square metre is $4,816. Over the past five years, resale prices at this block have increased by approximately 37.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8791, 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 228 Simei Street 4 worth?

The most recent resale transaction at Block 228 Simei Street 4 was $618,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,816, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 228 Simei Street 4?

Block 228 Simei Street 4 was built in 1988 and has approximately 61 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 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 228 Simei Street 4?

Block 228 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $425,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 228 Simei Street 4 gone up or down?

Resale prices at Block 228 Simei Street 4 have increased by approximately 37.1% over the past five years. The current median price is $579,000, with the most recent sale at $618,000 in 2026-02.

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