Blk 148 Simei Street 1 — HDB resale prices
HDB resale prices, Tampines · 4-Room, 5-Room · built 1987
median resale price, last 24 months
7 sales in that window · as of Sep 2026
How it compares
Blk 148 Simei Street 1 is an HDB block in Tampines (completed in 1987, 11 storeys, 100 units). As of Sep 2026, its median resale price over the last 24 months is $572,000, about 20% below the Tampines median, from 7 sales. 158 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×54 · 5-room ×46
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,400/mo (7 rental contracts, last 12 months).
Estimated gross rental yield: ~7.1% (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 30% of Tampines blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $540,416–$604,170 (central estimate $572,293). Recent sales — median $555,000 — 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 |
|---|---|---|---|
| 1992 | $120,000 | $212,416 | 2 |
| 1994 | $265,000 | $444,817 | 10 |
| 1995 | $199,000 | $328,368 | 9 |
| 1996 | $412,500 | $671,395 | 10 |
| 1997 | $343,000 | $547,207 | 11 |
| 1998 | $233,000 | $372,731 | 14 |
| 1999 | $222,000 | $355,050 | 11 |
| 2000 | $367,500 | $579,930 | 2 |
| 2001 | $338,000 | $528,026 | 5 |
| 2002 | $212,000 | $332,490 | 8 |
| 2003 | $272,750 | $425,690 | 2 |
| 2004 | $226,000 | $346,925 | 7 |
| 2005 | $218,000 | $333,069 | 9 |
| 2006 | $278,600 | $421,583 | 1 |
| 2009 | $390,000 | $538,827 | 7 |
| 2010 | $380,000 | $510,568 | 9 |
| 2011 | $470,000 | $599,982 | 5 |
| 2012 | $416,250 | $508,091 | 2 |
| 2013 | $497,500 | $593,245 | 2 |
| 2014 | $538,000 | $634,974 | 1 |
| 2015 | $430,000 | $510,174 | 3 |
| 2016 | $440,000 | $524,816 | 3 |
| 2017 | $470,000 | $557,383 | 5 |
| 2018 | $403,000 | $475,841 | 2 |
| 2019 | $525,000 | $616,393 | 2 |
| 2020 | $410,000 | $482,204 | 3 |
| 2021 | $455,000 | $523,016 | 1 |
| 2022 | $450,000 | $487,386 | 4 |
| 2024 | $626,944 | $632,605 | 2 |
| 2025 | $588,000 | $588,000 | 5 |
| 2026 | $550,000 | $550,000 | 1 |
Records
| Record sale | $700,000 (5-Room, 2025-01) |
|---|---|
| First recorded sale | $67,000 (1992-09) |
| Busiest year | 1998 · 14 sales |
| 10-year change (real) | +5% (+0.5%/yr, 2016→2026) |
| Total transacted | $53.9M across 158 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 4-Room | 04–06 | 84 m² | $550,000 |
| 2025-10 | 4-Room | 07–09 | 88 m² | $588,000 |
| 2025-06 | 4-Room | 10–12 | 103 m² | $662,500 |
| 2025-04 | 4-Room | 01–03 | 84 m² | $572,000 |
| 2025-02 | 4-Room | 01–03 | 84 m² | $560,000 |
| 2025-01 | 5-Room | 01–03 | 121 m² | $700,000 |
| 2024-11 | 4-Room | 10–12 | 84 m² | $571,888 |
| 2024-08 | 5-Room | 04–06 | 122 m² | $682,000 |
| 2022-12 | 4-Room | 04–06 | 84 m² | $460,000 |
| 2022-07 | 4-Room | 07–09 | 84 m² | $505,000 |
| 2022-02 | 4-Room | 07–09 | 84 m² | $440,000 |
| 2022-02 | 4-Room | 10–12 | 84 m² | $428,000 |
| 2021-03 | 4-Room | 10–12 | 103 m² | $455,000 |
| 2020-10 | 4-Room | 01–03 | 84 m² | $365,000 |
| 2020-09 | 4-Room | 10–12 | 84 m² | $410,000 |
| 2020-06 | 5-Room | 10–12 | 122 m² | $568,000 |
| 2019-08 | 5-Room | 01–03 | 121 m² | $530,000 |
| 2019-02 | 5-Room | 10–12 | 121 m² | $520,000 |
| 2018-10 | 4-Room | 04–06 | 84 m² | $406,000 |
| 2018-04 | 4-Room | 07–09 | 84 m² | $400,000 |
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 148 Simei Street 1 cost?
The median resale price over the last 24 months is $572,000 (7 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 148 Simei Street 1 fairly priced?
For a typical 4-room flat here, our price model estimates $540,416–$604,170 (central estimate $572,293). Recent sales — median $555,000 — sit within that range.
What is the rent at Blk 148 Simei Street 1?
The median monthly rent is $3,400/mo over the last 12 months (7 contracts).
How old is Blk 148 Simei Street 1?
The block was completed in 1987 and its 99-year lease runs from 1988.