Block 243 Simei Street 5
Block 243 Simei Street 5 has 11 recorded HDB resale transactions since 2017. Latest sale: $860,000 (May 2026, 5 room, floors 07–09). Median $6,619/sqm. Built 1997, 69 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 243 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 |
|---|---|---|---|---|---|
| May 2026 | 07 TO 09 | 5 ROOM | 121 sqm | $860,000 | $7,107 |
| Mar 2026 | 01 TO 03 | 4 ROOM | 105 sqm | $751,000 | $7,152 |
| 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 Simei Street 5 is an established HDB block in Tampines, built in 1997 with about 69 years remaining on its 99-year lease. Its median runs about 28% above the Tampines median, ahead of around 83% of the town's blocks. It has a relatively light resale record, with 11 transactions since 2017 across 4 room, 5 room flats priced from $505,000 to $882,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $860,000 in May 2026, and the median works out to $6,619/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9098, equivalent to roughly 0.35% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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 $860,000 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $6,619, based on 11 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 69 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% 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.