Block 242 Simei Street 5
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2025 | 07 TO 09 | 4 ROOM | 105 sqm | $838,000 | $7,981 |
| Mar 2024 | 04 TO 06 | 5 ROOM | 122 sqm | $790,000 | $6,475 |
| Nov 2021 | 07 TO 09 | 4 ROOM | 105 sqm | $585,000 | $5,571 |
| Aug 2021 | 10 TO 12 | 5 ROOM | 124 sqm | $710,000 | $5,726 |
| Dec 2019 | 07 TO 09 | 4 ROOM | 105 sqm | $538,000 | $5,124 |
| Jun 2019 | 04 TO 06 | 5 ROOM | 124 sqm | $635,000 | $5,121 |
| Mar 2019 | 04 TO 06 | 4 ROOM | 105 sqm | $508,000 | $4,838 |
| May 2017 | 01 TO 03 | 4 ROOM | 105 sqm | $440,000 | $4,190 |
About Block 242 Simei Street 5
Block 242 at Simei Street 5 is a residential HDB block in Tampines, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $440,000 to $838,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $838,000 in 2025-11. The current median price per square metre is $5,348. Over the past five years, resale prices at this block have increased by approximately 29.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9108, with an annual lease decay rate of approximately 0.34%. 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 242 Simei Street 5 worth?
The most recent resale transaction at Block 242 Simei Street 5 was $838,000 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $5,348, based on 8 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 242 Simei Street 5?
Block 242 Simei Street 5 was built in 1997 and has approximately 70 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.
What flat types are available at Block 242 Simei Street 5?
Block 242 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $440,000 to $838,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 242 Simei Street 5 gone up or down?
Resale prices at Block 242 Simei Street 5 have increased by approximately 29.4% over the past five years. The current median price is $610,000, with the most recent sale at $838,000 in 2025-11.