Block 243 Simei Street 5
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jul 2025 | 04 TO 06 | 5 ROOM | 124 sqm | $882,000 | $7,113 |
| Jun 2025 | 04 TO 06 | 4 ROOM | 105 sqm | $735,000 | $7,000 |
| Sep 2024 | 04 TO 06 | 4 ROOM | 105 sqm | $695,000 | $6,619 |
| Sep 2024 | 07 TO 09 | 4 ROOM | 105 sqm | $738,000 | $7,029 |
| Dec 2022 | 04 TO 06 | 4 ROOM | 105 sqm | $595,000 | $5,667 |
| Jul 2020 | 01 TO 03 | 5 ROOM | 122 sqm | $550,000 | $4,508 |
| Sep 2017 | 04 TO 06 | 4 ROOM | 105 sqm | $505,000 | $4,810 |
| Jun 2017 | 01 TO 03 | 5 ROOM | 124 sqm | $585,000 | $4,718 |
| May 2017 | 07 TO 09 | 5 ROOM | 124 sqm | $678,000 | $5,468 |
About Block 243 Simei Street 5
Block 243 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 $505,000 to $882,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $882,000 in 2025-07. The current median price per square metre is $5,667. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9123, 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 243 Simei Street 5 worth?
The most recent resale transaction at Block 243 Simei Street 5 was $882,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $5,667, based on 9 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 243 Simei Street 5?
Block 243 Simei Street 5 was built in 1997 and has approximately 70 years and 9 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 243 Simei Street 5?
Block 243 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $505,000 to $882,000 based on historical transaction records from data.gov.sg.