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Block 53 Sims Place

3 Room · 5 Room · Built 1981 · 53 years remaining lease · Updated Jun 2026 MOP Cleared

Block 53 Sims Place has 27 recorded HDB resale transactions since 2017. Latest sale: $340,000 (Jun 2026, 3 room, floors 04–06). Median $5,105/sqm. Prices up 40% over the past five years. Built 1981, 53 years lease remaining.

How this block compares

  • 3 Room$430,000
    +15.0%vs town(+$56k)−3.4%vs national(−$15k)

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
$340,000
Jun 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$5,105
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +40%
Median price change
Median Price ?
Top 72%
#182 / 253 Top 72%
Latest Sale ?
Top 83%
#211 / 253 Top 83%
Value ($/sqm) ?
Top 63%
#159 / 253 Top 63%
5-Year Growth ?
Top 26%
#48 / 187 Top 26%
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
+7%/yr
vs
Lease Decay
−0.66%/yr
Growth assumption
Based on this block’s +40% 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 53 years remaining 99 years
53 years 8 months
Remaining lease
↓ 0.66%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.66%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,100 typically $2,350–$3,200 8.7% 10 rentals here
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 53 Sims Place 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
Jun 2026 04 TO 06 3 ROOM 65 sqm $340,000 $5,231
Apr 2026 07 TO 09 3 ROOM 76 sqm $430,000 $5,658
Apr 2026 04 TO 06 3 ROOM 76 sqm $430,000 $5,658
Apr 2026 13 TO 15 3 ROOM 65 sqm $438,000 $6,738
Aug 2025 04 TO 06 3 ROOM 65 sqm $390,000 $6,000
Jan 2025 01 TO 03 3 ROOM 65 sqm $379,000 $5,831
Sep 2024 07 TO 09 3 ROOM 76 sqm $428,000 $5,632
Sep 2024 10 TO 12 3 ROOM 65 sqm $435,000 $6,692
Nov 2023 07 TO 09 3 ROOM 76 sqm $388,000 $5,105
Aug 2023 04 TO 06 3 ROOM 65 sqm $350,000 $5,385
Jul 2023 01 TO 03 3 ROOM 65 sqm $348,000 $5,354
Jan 2023 01 TO 03 3 ROOM 65 sqm $335,000 $5,154
Nov 2022 10 TO 12 3 ROOM 65 sqm $353,000 $5,431
Feb 2022 07 TO 09 3 ROOM 65 sqm $328,000 $5,046
Dec 2021 07 TO 09 3 ROOM 65 sqm $318,000 $4,892
Oct 2021 07 TO 09 3 ROOM 65 sqm $300,000 $4,615
Aug 2021 10 TO 12 3 ROOM 65 sqm $285,800 $4,397
May 2021 04 TO 06 3 ROOM 65 sqm $260,000 $4,000
Dec 2020 04 TO 06 3 ROOM 76 sqm $355,000 $4,671
Jul 2020 07 TO 09 5 ROOM 150 sqm $645,000 $4,300
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 53 Sims Place

Block 53 Sims Place is an ageing-lease HDB block in Geylang, built in 1981 with about 53 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 28% below the Geylang median, cheaper than about 72% of the town's blocks. It has a regular flow of resale activity, with 27 transactions since 2017 across 3 room, 5 room flats priced from $260,000 to $645,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $340,000 in Jun 2026, and the median works out to $5,105/sqm. Over five years, prices here are up about 40%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 53 Sims Place worth?

The most recent resale transaction at Block 53 Sims Place was $340,000 for a 3 room flat in 2026-06. The median price per square metre across all flat types is $5,105, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 53 Sims Place?

Block 53 Sims Place was built in 1981 and has approximately 53 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 0.66%, meaning the leasehold value decreases by approximately 0.66% per year at the current remaining lease.

What flat types are available at Block 53 Sims Place?

Block 53 Sims Place in Geylang contains 3 room, 5 room flats. Resale prices range from $260,000 to $645,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 53 Sims Place gone up or down?

Resale prices at Block 53 Sims Place have increased by approximately 40% over the past five years. The current median price is $340,000, with the most recent sale at $340,000 in 2026-06.

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