Block 246 Simei Street 5

4 Room · 5 Room · Built 1997 · 70 years remaining lease MOP Cleared
Latest Sale
$765,000
Jun 2025 · 4 ROOM · #07-09
Median $/sqm
$5,033
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +34.2%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 70 years remaining 99 years
70 years 8 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2025 07 TO 09 4 ROOM 105 sqm $765,000 $7,286
Nov 2024 01 TO 03 5 ROOM 121 sqm $818,000 $6,760
Jun 2024 04 TO 06 4 ROOM 105 sqm $620,000 $5,905
Jun 2024 01 TO 03 4 ROOM 105 sqm $665,000 $6,333
Feb 2024 04 TO 06 4 ROOM 105 sqm $690,000 $6,571
Dec 2023 04 TO 06 5 ROOM 122 sqm $818,000 $6,705
Apr 2022 10 TO 12 5 ROOM 121 sqm $695,000 $5,744
Feb 2022 01 TO 03 5 ROOM 121 sqm $625,000 $5,165
Sep 2021 04 TO 06 4 ROOM 105 sqm $525,000 $5,000
May 2021 01 TO 03 5 ROOM 124 sqm $570,000 $4,597
Mar 2021 01 TO 03 5 ROOM 122 sqm $618,000 $5,066
Jul 2020 01 TO 03 4 ROOM 105 sqm $465,000 $4,429
Aug 2019 07 TO 09 4 ROOM 105 sqm $450,000 $4,286
Jul 2019 04 TO 06 4 ROOM 105 sqm $505,000 $4,810
Feb 2018 04 TO 06 5 ROOM 122 sqm $600,000 $4,918
Mar 2017 01 TO 03 4 ROOM 105 sqm $495,000 $4,714
Feb 2017 01 TO 03 5 ROOM 124 sqm $558,000 $4,500
Jan 2017 01 TO 03 4 ROOM 105 sqm $500,000 $4,762
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 246 Simei Street 5

Block 246 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 $450,000 to $818,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $765,000 in 2025-06. The current median price per square metre is $5,033. Over the past five years, resale prices at this block have increased by approximately 34.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9121, 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 246 Simei Street 5 worth?

The most recent resale transaction at Block 246 Simei Street 5 was $765,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $5,033, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 246 Simei Street 5?

Block 246 Simei Street 5 was built in 1997 and has approximately 70 years and 8 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 246 Simei Street 5?

Block 246 Simei Street 5 in Tampines contains 4 room, 5 room flats. Resale prices range from $450,000 to $818,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 246 Simei Street 5 gone up or down?

Resale prices at Block 246 Simei Street 5 have increased by approximately 34.2% over the past five years. The current median price is $609,000, with the most recent sale at $765,000 in 2025-06.

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