Blk 124 Simei St 1 is an HDB block in Tampines (completed in 1987, 11 storeys, 120 units). As of Jul 2026, its median resale price over the last 24 months is $695,000, about 5% below the Tampines median, from 6 sales. 200 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Tampines |
|---|---|
| Completed | 1987 |
| Lease from | 1988 |
| Storeys | 11 |
| Dwelling units | 120 |
| Unit mix (sold) | 4-room ×48 · 5-room ×72 |
| Recorded resales | 200 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $557,500 | $6,637/m² | 2 |
| 5-Room | $734,944 | $6,020/m² | 4 |
Median monthly rent at this block: $3,300/mo (7 rental contracts, last 12 months).
Estimated gross rental yield: ~5.7% (Tampines average: ~5.6%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 75% of Tampines blocks with recent sales.
For a typical 5-room flat here, our price model estimates $681,350–$762,188 (central estimate $721,769). Recent sales — median $668,752 — sit below that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-11 | 5-Room | 07 TO 09 | 122 | $730,000 |
| 2025-06 | 5-Room | 07 TO 09 | 123 | $745,000 |
| 2025-05 | 4-Room | 04 TO 06 | 84 | $570,000 |
| 2025-02 | 5-Room | 10 TO 12 | 122 | $739,888 |
| 2024-09 | 4-Room | 07 TO 09 | 84 | $545,000 |
| 2024-08 | 5-Room | 04 TO 06 | 121 | $660,000 |
| 2024-07 | 5-Room | 01 TO 03 | 123 | $690,000 |
| 2023-07 | 4-Room | 01 TO 03 | 84 | $500,000 |
| 2023-07 | 4-Room | 10 TO 12 | 84 | $500,000 |
| 2023-07 | 5-Room | 04 TO 06 | 122 | $650,000 |
| 2023-06 | 4-Room | 07 TO 09 | 84 | $475,000 |
| 2023-05 | 4-Room | 07 TO 09 | 84 | $485,000 |
| 2023-03 | 5-Room | 01 TO 03 | 122 | $590,000 |
| 2023-03 | 5-Room | 04 TO 06 | 121 | $630,000 |
| 2022-08 | 4-Room | 04 TO 06 | 84 | $450,000 |
| 2021-10 | 5-Room | 10 TO 12 | 122 | $568,888 |
| 2021-08 | 5-Room | 07 TO 09 | 122 | $570,000 |
| 2020-10 | 5-Room | 04 TO 06 | 121 | $500,000 |
| 2020-08 | 4-Room | 04 TO 06 | 84 | $345,000 |
| 2020-08 | 5-Room | 07 TO 09 | 121 | $525,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 105 | $960,000 | $6,575/m² |
| 2. Blk 111 | $940,888 | $6,444/m² |
| 3. Blk 253 | $808,888 | $6,797/m² |
| 4. Blk 254 | $804,000 | $7,399/m² |
| 5. Blk 255 | $801,500 | $7,302/m² |
| 6. Blk 120 | $760,000 | $5,938/m² |
| 7. Blk 154 | $757,500 | $6,218/m² |
| 8. Blk 135 | $752,000 | $6,340/m² |
| 9. Blk 130 | $737,000 | $6,585/m² |
| 10. Blk 114 | $735,000 | $6,025/m² |
| 11. Blk 119 | $730,000 | $6,518/m² |
| 12. Blk 150 | $730,000 | $6,037/m² |
| 13. Blk 131 | $725,000 | $5,943/m² |
| 14. Blk 101 | $715,000 | $6,066/m² |
| 15. Blk 117 | $714,444 | $6,209/m² |
Showing the top 15 of 42 blocks.
The median resale price over the last 24 months is $695,000 (6 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 5-room flat here, our price model estimates $681,350–$762,188 (central estimate $721,769). Recent sales — median $668,752 — sit below that range.
The median monthly rent is $3,300/mo over the last 12 months (7 contracts).
The block was completed in 1987 and its 99-year lease runs from 1988.