Blk 116 Simei Street 1 — HDB resale prices
HDB resale prices, Tampines · 5-Room · built 1987
median resale price, last 24 months
3 sales in that window · as of Sep 2026
How it compares
Blk 116 Simei Street 1 is an HDB block in Tampines (completed in 1987, 11 storeys, 172 units). As of Sep 2026, its median resale price over the last 24 months is $748,000, about 5% above the Tampines median, from 3 sales. 219 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×108 · 5-room ×64
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,500/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~5.6% (Tampines average: ~5.5%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 71% of Tampines blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $572,512–$640,051 (central estimate $606,282). Recent sales — median $601,110 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1991 | $101,500 | $183,700 | 2 |
| 1993 | $110,000 | $190,354 | 3 |
| 1994 | $266,500 | $447,335 | 14 |
| 1995 | $286,500 | $472,751 | 18 |
| 1996 | $373,000 | $607,104 | 11 |
| 1997 | $445,000 | $709,933 | 11 |
| 1998 | $353,000 | $564,696 | 15 |
| 1999 | $295,000 | $471,801 | 10 |
| 2000 | $290,000 | $457,631 | 7 |
| 2001 | $260,000 | $406,174 | 8 |
| 2002 | $256,250 | $401,890 | 6 |
| 2003 | $314,000 | $490,070 | 11 |
| 2004 | $291,000 | $446,704 | 7 |
| 2005 | $265,000 | $404,877 | 9 |
| 2006 | $273,000 | $413,109 | 6 |
| 2007 | $309,000 | $457,922 | 6 |
| 2008 | $405,000 | $562,842 | 7 |
| 2009 | $397,500 | $549,189 | 14 |
| 2010 | $425,000 | $571,030 | 5 |
| 2011 | $480,000 | $612,748 | 5 |
| 2012 | $550,000 | $671,352 | 5 |
| 2014 | $510,000 | $601,927 | 3 |
| 2015 | $466,500 | $553,480 | 2 |
| 2016 | $466,500 | $556,424 | 4 |
| 2017 | $450,000 | $533,665 | 3 |
| 2018 | $580,000 | $684,833 | 3 |
| 2019 | $470,000 | $551,819 | 2 |
| 2020 | $475,000 | $558,651 | 2 |
| 2021 | $503,000 | $578,191 | 5 |
| 2022 | $555,000 | $601,110 | 7 |
| 2023 | $623,000 | $643,648 | 1 |
| 2024 | $673,000 | $679,077 | 4 |
| 2025 | $748,000 | $748,000 | 3 |
Records
| Record sale | $800,000 (5-Room, 2025-12) |
|---|---|
| First recorded sale | $112,000 (1991-03) |
| Busiest year | 1995 · 18 sales |
| 10-year change (real) | +35% (+3.1%/yr, 2015→2025) |
| Total transacted | $81.0M across 219 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-12 | 5-Room | 04–06 | 121 m² | $800,000 |
| 2025-11 | 5-Room | 04–06 | 122 m² | $748,000 |
| 2025-02 | 5-Room | 01–03 | 128 m² | $730,000 |
| 2024-10 | 4-Room | 07–09 | 104 m² | $688,000 |
| 2024-09 | 4-Room | 04–06 | 104 m² | $658,000 |
| 2024-09 | 4-Room | 04–06 | 104 m² | $650,000 |
| 2024-07 | 5-Room | 01–03 | 122 m² | $700,000 |
| 2023-09 | 5-Room | 01–03 | 122 m² | $623,000 |
| 2022-10 | 4-Room | 01–03 | 104 m² | $555,000 |
| 2022-08 | 5-Room | 04–06 | 128 m² | $663,888 |
| 2022-06 | 4-Room | 10–12 | 104 m² | $565,000 |
| 2022-06 | 4-Room | 04–06 | 104 m² | $548,000 |
| 2022-04 | 5-Room | 07–09 | 122 m² | $645,000 |
| 2022-02 | 4-Room | 07–09 | 104 m² | $540,000 |
| 2022-01 | 4-Room | 04–06 | 104 m² | $555,000 |
| 2021-12 | 5-Room | 01–03 | 122 m² | $600,000 |
| 2021-11 | 4-Room | 07–09 | 104 m² | $490,000 |
| 2021-10 | 4-Room | 04–06 | 104 m² | $503,000 |
| 2021-08 | 5-Room | 10–12 | 122 m² | $610,000 |
| 2021-02 | 4-Room | 07–09 | 104 m² | $480,000 |
Simei Street 1 blocks ranked by price
Showing the top 15 of 42 priced blocks.
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Quick answers
How much does a flat at Blk 116 Simei Street 1 cost?
The median resale price over the last 24 months is $748,000 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 116 Simei Street 1 fairly priced?
For a typical 4-room flat here, our price model estimates $572,512–$640,051 (central estimate $606,282). Recent sales — median $601,110 — sit within that range.
What is the rent at Blk 116 Simei Street 1?
The median monthly rent is $3,500/mo over the last 12 months (3 contracts).
How old is Blk 116 Simei Street 1?
The block was completed in 1987 and its 99-year lease runs from 1988.