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Block 231 Simei Street 4

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$640,000
May 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,695
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +36.3%
Median price change
Median Price ?
Top 41%
#320 / 788 Top 41%
Latest Sale ?
Top 58%
#459 / 788 Top 58%
Value ($/sqm) ?
Top 71%
#560 / 788 Top 71%
5-Year Growth ?
Top 49%
#268 / 550 Top 49%
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
--
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.
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

Block 231 at Simei Street 4 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $395,888 to $800,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $640,000 in 2026-05. The current median price per square metre is $4,695. Over the past five years, resale prices at this block have increased by approximately 36.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8815, with an annual lease decay rate of approximately 0.47%. 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 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.

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