Block 40 Sims Drive

4 Room · 5 Room · Built 1990 · 63 years remaining lease MOP Cleared
Latest Sale
$680,000
Jan 2026 · 4 ROOM · #10-12
Median $/sqm
$5,048
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +39.5%
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 63 years remaining 99 years
63 years 6 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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
Jan 2026 10 TO 12 4 ROOM 103 sqm $680,000 $6,602
Dec 2025 07 TO 09 5 ROOM 120 sqm $765,000 $6,375
Aug 2025 07 TO 09 5 ROOM 122 sqm $755,000 $6,189
Mar 2025 01 TO 03 5 ROOM 124 sqm $745,000 $6,008
Feb 2025 01 TO 03 5 ROOM 124 sqm $720,000 $5,806
Jan 2025 04 TO 06 4 ROOM 104 sqm $668,000 $6,423
Apr 2024 10 TO 12 5 ROOM 122 sqm $760,000 $6,230
Nov 2023 04 TO 06 5 ROOM 124 sqm $688,888 $5,556
Oct 2023 10 TO 12 4 ROOM 109 sqm $568,000 $5,211
Sep 2023 10 TO 12 4 ROOM 109 sqm $588,000 $5,394
Jan 2022 07 TO 09 4 ROOM 113 sqm $560,000 $4,956
Jul 2021 10 TO 12 4 ROOM 109 sqm $510,000 $4,679
Jul 2021 07 TO 09 4 ROOM 104 sqm $525,000 $5,048
Jan 2021 10 TO 12 5 ROOM 124 sqm $580,000 $4,677
Nov 2020 07 TO 09 4 ROOM 113 sqm $530,000 $4,690
Aug 2020 01 TO 03 4 ROOM 109 sqm $445,000 $4,083
Jul 2019 04 TO 06 4 ROOM 108 sqm $480,000 $4,444
Dec 2017 01 TO 03 5 ROOM 120 sqm $535,000 $4,458
May 2017 01 TO 03 5 ROOM 124 sqm $528,000 $4,258
Apr 2017 10 TO 12 5 ROOM 122 sqm $565,000 $4,631
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 40 Sims Drive

Block 40 at Sims Drive is a residential HDB block in Geylang, Singapore, built in 1990 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $420,000 to $765,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $680,000 in 2026-01. The current median price per square metre is $5,048. Over the past five years, resale prices at this block have increased by approximately 39.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8875, with an annual lease decay rate of approximately 0.44%. 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 40 Sims Drive worth?

The most recent resale transaction at Block 40 Sims Drive was $680,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $5,048, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 40 Sims Drive?

Block 40 Sims Drive was built in 1990 and has approximately 63 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 40 Sims Drive?

Block 40 Sims Drive in Geylang contains 4 room, 5 room flats. Resale prices range from $420,000 to $765,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 40 Sims Drive gone up or down?

Resale prices at Block 40 Sims Drive have increased by approximately 39.5% over the past five years. The current median price is $568,000, with the most recent sale at $680,000 in 2026-01.

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