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Block 40 Sims Drive

4 Room · 5 Room · Built 1990 · 63 years remaining lease · Updated Apr 2026 MOP Cleared

Block 40 Sims Drive has 22 recorded HDB resale transactions since 2017. Latest sale: $632,000 (Apr 2026, 4 room, floors 01–03). Median $5,130/sqm. Prices up 29.2% over the past five years. Built 1990, 63 years lease remaining.

How this block compares

  • 4 Room$656,000
    −5.3%vs town(−$37k)+4.1%vs national(+$26k)
  • 5 Room$760,000
    −16.5%vs town(−$150k)+2.7%vs national(+$20k)

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.

Latest Sale
$632,000
Apr 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$5,130
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +29.2%
Median price change
Median Price ?
Top 37%
#93 / 253 Top 37%
Latest Sale ?
Top 43%
#108 / 253 Top 43%
Value ($/sqm) ?
Top 61%
#155 / 253 Top 61%
5-Year Growth ?
Top 61%
#115 / 187 Top 61%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+5.3%/yr
vs
Lease Decay
−0.45%/yr
Growth assumption
Based on this block’s +29.2% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 63 years remaining 99 years
63 years 2 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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 Geylang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,550 typically $3,200–$3,900 6.1% Geylang avg · block too thin
5-Room $4,000 typically $3,800–$4,300 5.3% Geylang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 40 Sims Drive in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Geylang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 01 TO 03 4 ROOM 109 sqm $632,000 $5,798
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
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 40 Sims Drive

Block 40 Sims Drive in Geylang has been a strong performer, with resale prices up roughly 29.2% over five years. Its median runs about 21% above the Geylang median, ahead of around 64% of the town's blocks. It has a regular flow of resale activity, with 22 transactions since 2017 across 4 room, 5 room flats priced from $420,000 to $765,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $632,000 in Apr 2026, and the median works out to $5,130/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 30% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8862, an annual lease decay of about 0.45%. All transaction data is sourced from data.gov.sg and 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 $632,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,130, based on 22 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 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% 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 29.2% over the past five years. The current median price is $574,000, with the most recent sale at $632,000 in 2026-04.

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