Block 245 Simei Street 5
Block 245 Simei Street 5 has 16 recorded HDB resale transactions since 2017. Latest sale: $775,000 (Dec 2025, 4 room, floors 04–06). Median $5,780/sqm. Prices up 52% over the past five years. Built 1997, 70 years lease remaining.
How this block compares
- 4 Room$757,500+14.8%vs town(+$98k)+20.2%vs national(+$128k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| 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 | $4,000 typically $3,750–$4,000 | — | 5 rentals here |
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 245 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 |
|---|---|---|---|---|---|
| Dec 2025 | 04 TO 06 | 4 ROOM | 105 sqm | $775,000 | $7,381 |
| Nov 2025 | 04 TO 06 | 4 ROOM | 105 sqm | $740,000 | $7,048 |
| May 2025 | 07 TO 09 | 4 ROOM | 105 sqm | $760,000 | $7,238 |
| Jul 2024 | 04 TO 06 | 4 ROOM | 105 sqm | $750,000 | $7,143 |
| Apr 2024 | 07 TO 09 | 5 ROOM | 122 sqm | $808,000 | $6,623 |
| Apr 2024 | 10 TO 12 | 5 ROOM | 124 sqm | $855,000 | $6,895 |
| Sep 2022 | 10 TO 12 | 5 ROOM | 124 sqm | $790,888 | $6,378 |
| Sep 2021 | 01 TO 03 | 5 ROOM | 119 sqm | $633,000 | $5,319 |
| May 2021 | 04 TO 06 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
| Nov 2020 | 10 TO 12 | 5 ROOM | 119 sqm | $667,000 | $5,605 |
| Oct 2020 | 01 TO 03 | 4 ROOM | 105 sqm | $470,000 | $4,476 |
| Feb 2020 | 01 TO 03 | 5 ROOM | 121 sqm | $595,000 | $4,917 |
| Dec 2019 | 07 TO 09 | 5 ROOM | 122 sqm | $705,000 | $5,779 |
| Aug 2019 | 04 TO 06 | 4 ROOM | 104 sqm | $515,000 | $4,952 |
| May 2018 | 04 TO 06 | 5 ROOM | 124 sqm | $650,000 | $5,242 |
| May 2018 | 04 TO 06 | 5 ROOM | 119 sqm | $688,000 | $5,782 |
About Block 245 Simei Street 5
Resale prices at Block 245 Simei Street 5 in Tampines have risen sharply, up about 52% over the past five years. 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 16 transactions since 2017 across 4 room, 5 room flats priced from $470,000 to $855,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $775,000 in Dec 2025, and the median works out to $5,780/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9103, 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 245 Simei Street 5 worth?
The most recent resale transaction at Block 245 Simei Street 5 was $775,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,780, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 245 Simei Street 5?
Block 245 Simei Street 5 was built in 1997 and has approximately 70 years and 1 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 245 Simei Street 5?
Block 245 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $470,000 to $855,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 245 Simei Street 5 gone up or down?
Resale prices at Block 245 Simei Street 5 have increased by approximately 52% over the past five years. The current median price is $696,500, with the most recent sale at $775,000 in 2025-12.