Block 246 Simei Street 5
Block 246 Simei Street 5 has 18 recorded HDB resale transactions since 2017. Latest sale: $765,000 (Jun 2025, 4 room, floors 07–09). Median $5,033/sqm. Prices up 45.7% 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 246 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 |
|---|---|---|---|---|---|
| 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 |
About Block 246 Simei Street 5
Block 246 Simei Street 5 in Tampines has been a strong performer, with resale prices up roughly 45.7% over five years. Its median runs about 12% above the Tampines median, ahead of around 72% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 4 room, 5 room flats priced from $450,000 to $818,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $765,000 in Jun 2025, and the median works out to $5,033/sqm. Higher floors carry a premium, with the 04 TO 06 band trading roughly 15% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9121, 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 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 45.7% over the past five years. The current median price is $609,000, with the most recent sale at $765,000 in 2025-06.