Block 242 Simei Street 5
Block 242 Simei Street 5 has 8 recorded HDB resale transactions since 2017. Latest sale: $838,000 (Nov 2025, 4 room, floors 07–09). Median $5,348/sqm. Prices up 43.2% over the past five years. Built 1997, 70 years lease remaining.
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 |
This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Other HDB blocks closest to Block 242 Simei Street 5 in Tampines, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| 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 Simei Street 5 in Tampines has been a strong performer, with resale prices up roughly 43.2% over five years. Its median runs about 12% above the Tampines median, ahead of around 73% of the town's blocks. It has a relatively light resale record, with 8 transactions since 2017 across 4 room, 5 room flats priced from $440,000 to $838,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $838,000 in Nov 2025, and the median works out to $5,348/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9108, an annual lease decay of about 0.34%. All transaction data is sourced from data.gov.sg and 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 43.2% over the past five years. The current median price is $610,000, with the most recent sale at $838,000 in 2025-11.