Skip to content

Block 231 Simei Street 4

4 Room · 5 Room · Built 1989 · 62 years remaining lease · Updated May 2026 MOP Cleared

Block 231 Simei Street 4 has 16 recorded HDB resale transactions since 2017. Latest sale: $640,000 (May 2026, 4 room, floors 04–06). Median $4,695/sqm. Prices up 36.3% over the past five years. Built 1989, 62 years lease remaining.

Latest Sale
$640,000
May 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,695
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +36.3%
Median price change
Median Price ?
Top 41%
#328 / 791 Top 41%
Latest Sale ?
Top 58%
#462 / 791 Top 58%
Value ($/sqm) ?
Top 73%
#575 / 791 Top 73%
5-Year Growth ?
Top 48%
#272 / 569 Top 48%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.4%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +36.3% 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 62 years remaining 99 years
62 years
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Tampines average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,200–$3,600 6.2% Tampines avg · block too thin
5-Room $3,650 typically $3,400–$3,900 5.3% Tampines avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 231 Simei Street 4 in Tampines, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Tampines
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 04 TO 06 4 ROOM 104 sqm $640,000 $6,154
May 2025 04 TO 06 4 ROOM 108 sqm $668,000 $6,185
Jan 2025 04 TO 06 5 ROOM 127 sqm $800,000 $6,299
Jun 2024 07 TO 09 4 ROOM 104 sqm $640,888 $6,162
Apr 2023 07 TO 09 4 ROOM 104 sqm $565,000 $5,433
Dec 2022 07 TO 09 4 ROOM 104 sqm $558,000 $5,365
Jun 2022 01 TO 03 5 ROOM 122 sqm $615,000 $5,041
Jul 2021 07 TO 09 4 ROOM 104 sqm $480,000 $4,615
Nov 2020 01 TO 03 4 ROOM 104 sqm $395,888 $3,807
Nov 2020 04 TO 06 4 ROOM 104 sqm $438,000 $4,212
Jul 2020 07 TO 09 4 ROOM 104 sqm $430,118 $4,136
Apr 2020 07 TO 09 5 ROOM 122 sqm $565,000 $4,631
Dec 2018 04 TO 06 5 ROOM 122 sqm $538,000 $4,410
Apr 2018 04 TO 06 4 ROOM 104 sqm $495,000 $4,760
Apr 2018 01 TO 03 5 ROOM 127 sqm $510,000 $4,016
May 2017 04 TO 06 5 ROOM 127 sqm $575,000 $4,528
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 231 Simei Street 4

Resale prices at Block 231 Simei Street 4 in Tampines have risen sharply, up about 36.3% over the past five years. At $561,500, its median sits roughly in line with the Tampines town median. It has a relatively light resale record, with 16 transactions since 2017 across 4 room, 5 room flats priced from $395,888 to $800,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $640,000 in May 2026, and the median works out to $4,695/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8815, equivalent to roughly 0.47% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 231 Simei Street 4 worth?

The most recent resale transaction at Block 231 Simei Street 4 was $640,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $4,695, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 231 Simei Street 4?

Block 231 Simei Street 4 was built in 1989 and has approximately 62 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 231 Simei Street 4?

Block 231 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $395,888 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 231 Simei Street 4 gone up or down?

Resale prices at Block 231 Simei Street 4 have increased by approximately 36.3% over the past five years. The current median price is $561,500, with the most recent sale at $640,000 in 2026-05.

Link copied to clipboard