Block 232 Simei Street 4

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$628,000
Sep 2025 · 4 ROOM · #04-06
Median $/sqm
$4,590
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +6.4%
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 63 years remaining 99 years
63 years
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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
Sep 2025 04 TO 06 4 ROOM 104 sqm $628,000 $6,038
Jun 2025 01 TO 03 4 ROOM 104 sqm $610,000 $5,865
Sep 2024 04 TO 06 5 ROOM 129 sqm $741,888 $5,751
Jan 2024 10 TO 12 4 ROOM 104 sqm $580,000 $5,577
May 2023 04 TO 06 4 ROOM 104 sqm $610,000 $5,865
Apr 2023 07 TO 09 4 ROOM 104 sqm $570,000 $5,481
Sep 2022 04 TO 06 4 ROOM 104 sqm $538,000 $5,173
Jan 2022 10 TO 12 4 ROOM 104 sqm $522,000 $5,019
Aug 2021 10 TO 12 5 ROOM 122 sqm $620,000 $5,082
Mar 2021 04 TO 06 5 ROOM 122 sqm $543,000 $4,451
Dec 2020 04 TO 06 4 ROOM 104 sqm $422,000 $4,058
Nov 2020 07 TO 09 4 ROOM 104 sqm $432,888 $4,162
Nov 2020 01 TO 03 5 ROOM 127 sqm $535,000 $4,213
Sep 2020 10 TO 12 4 ROOM 104 sqm $415,000 $3,990
Mar 2020 04 TO 06 4 ROOM 104 sqm $415,000 $3,990
Jul 2019 04 TO 06 4 ROOM 104 sqm $420,000 $4,038
Jan 2019 07 TO 09 5 ROOM 122 sqm $560,000 $4,590
Aug 2018 07 TO 09 4 ROOM 104 sqm $500,000 $4,808
Jul 2018 04 TO 06 4 ROOM 104 sqm $435,000 $4,183
May 2018 01 TO 03 4 ROOM 104 sqm $440,000 $4,231
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232 Simei Street 4

Block 232 at Simei Street 4 is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $415,000 to $741,888 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $628,000 in 2025-09. The current median price per square metre is $4,590. Over the past five years, resale prices at this block have increased by approximately 6.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8855, with an annual lease decay rate of approximately 0.45%. 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 232 Simei Street 4 worth?

The most recent resale transaction at Block 232 Simei Street 4 was $628,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $4,590, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232 Simei Street 4?

Block 232 Simei Street 4 was built in 1989 and has approximately 63 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 232 Simei Street 4?

Block 232 Simei Street 4 in Tampines contains 4 room, 5 room flats. Resale prices range from $415,000 to $741,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 232 Simei Street 4 gone up or down?

Resale prices at Block 232 Simei Street 4 have increased by approximately 6.4% over the past five years. The current median price is $535,000, with the most recent sale at $628,000 in 2025-09.

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