Blk 124 Simei Street 1 — HDB resale prices
HDB resale prices, Tampines · 4-Room, 5-Room · built 1987
median resale price, last 24 months
4 sales in that window · as of Sep 2026
How it compares
Blk 124 Simei Street 1 is an HDB block in Tampines (completed in 1987, 11 storeys, 120 units). As of Sep 2026, its median resale price over the last 24 months is $734,944, about 3% above the Tampines median, from 4 sales. 200 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×48 · 5-room ×72
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,300/mo (11 rental contracts, last 12 months).
Estimated gross rental yield: ~5.4% (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 76% of Tampines blocks with recent sales.
What the price model says
For a typical 5-room flat here, our price model estimates $695,184–$777,196 (central estimate $736,190). Recent sales — median $683,887 — sit below 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 | $130,000 | $235,281 | 1 |
| 1992 | $154,000 | $272,601 | 4 |
| 1993 | $225,000 | $389,360 | 8 |
| 1994 | $259,000 | $434,746 | 10 |
| 1995 | $265,000 | $437,274 | 9 |
| 1996 | $375,000 | $610,359 | 11 |
| 1997 | $393,000 | $626,974 | 11 |
| 1998 | $360,000 | $575,894 | 21 |
| 1999 | $330,000 | $527,777 | 17 |
| 2000 | $368,000 | $580,719 | 6 |
| 2001 | $319,000 | $498,344 | 7 |
| 2002 | $308,000 | $483,052 | 7 |
| 2003 | $233,000 | $363,651 | 3 |
| 2004 | $300,000 | $460,520 | 5 |
| 2005 | $267,500 | $408,697 | 6 |
| 2006 | $290,000 | $438,834 | 11 |
| 2007 | $268,000 | $397,163 | 1 |
| 2008 | $380,000 | $528,099 | 5 |
| 2009 | $377,500 | $521,557 | 6 |
| 2010 | $398,500 | $535,425 | 4 |
| 2011 | $512,000 | $653,598 | 4 |
| 2012 | $440,000 | $537,082 | 3 |
| 2013 | $466,000 | $555,683 | 3 |
| 2014 | $500,000 | $590,124 | 1 |
| 2015 | $461,000 | $546,954 | 2 |
| 2016 | $468,000 | $558,213 | 2 |
| 2017 | $518,800 | $615,256 | 5 |
| 2018 | $510,000 | $602,180 | 3 |
| 2019 | $470,000 | $551,819 | 1 |
| 2020 | $505,000 | $593,934 | 6 |
| 2021 | $569,444 | $654,568 | 2 |
| 2022 | $450,000 | $487,386 | 1 |
| 2023 | $500,000 | $516,572 | 7 |
| 2024 | $660,000 | $665,960 | 3 |
| 2025 | $734,944 | $734,944 | 4 |
Records
| Record sale | $745,000 (5-Room, 2025-06) |
|---|---|
| First recorded sale | $130,000 (1991-09) |
| Busiest year | 1998 · 21 sales |
| 10-year change (real) | +34% (+3.0%/yr, 2015→2025) |
| Total transacted | $70.8M across 200 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-11 | 5-Room | 07–09 | 122 m² | $730,000 |
| 2025-06 | 5-Room | 07–09 | 123 m² | $745,000 |
| 2025-05 | 4-Room | 04–06 | 84 m² | $570,000 |
| 2025-02 | 5-Room | 10–12 | 122 m² | $739,888 |
| 2024-09 | 4-Room | 07–09 | 84 m² | $545,000 |
| 2024-08 | 5-Room | 04–06 | 121 m² | $660,000 |
| 2024-07 | 5-Room | 01–03 | 123 m² | $690,000 |
| 2023-07 | 5-Room | 04–06 | 122 m² | $650,000 |
| 2023-07 | 4-Room | 10–12 | 84 m² | $500,000 |
| 2023-07 | 4-Room | 01–03 | 84 m² | $500,000 |
| 2023-06 | 4-Room | 07–09 | 84 m² | $475,000 |
| 2023-05 | 4-Room | 07–09 | 84 m² | $485,000 |
| 2023-03 | 5-Room | 04–06 | 121 m² | $630,000 |
| 2023-03 | 5-Room | 01–03 | 122 m² | $590,000 |
| 2022-08 | 4-Room | 04–06 | 84 m² | $450,000 |
| 2021-10 | 5-Room | 10–12 | 122 m² | $568,888 |
| 2021-08 | 5-Room | 07–09 | 122 m² | $570,000 |
| 2020-10 | 5-Room | 04–06 | 121 m² | $500,000 |
| 2020-08 | 5-Room | 07–09 | 121 m² | $525,000 |
| 2020-08 | 4-Room | 04–06 | 84 m² | $345,000 |
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 124 Simei Street 1 cost?
The median resale price over the last 24 months is $734,944 (4 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 124 Simei Street 1 fairly priced?
For a typical 5-room flat here, our price model estimates $695,184–$777,196 (central estimate $736,190). Recent sales — median $683,887 — sit below that range.
What is the rent at Blk 124 Simei Street 1?
The median monthly rent is $3,300/mo over the last 12 months (11 contracts).
How old is Blk 124 Simei Street 1?
The block was completed in 1987 and its 99-year lease runs from 1988.