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Blk 123 Simei Street 1

123 Simei Street 1 is an HDB block in Tampines. It comprises 4 room and 5 room units with the highest floor being 11. The block was completed in 1987 and the lease with HDB commenced in the year 1988. This leaves a remaining lease period of approximately 70 years 08 months.

Based on past transactions data, the unit floor size are 104, 108, 121, 122 and 128sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Jun 2024 for a 5 room unit at $750,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 123, including Angsana Primary School, Changkat Primary School and Chongzheng Primary School.

For secondary education, the nearby schools include Changkat Changi Secondary School.

Public transportation is also convenient, with several MRT stations close to 123, including Simei MRT Station (EW3) and Upper Changi MRT Station (DT34). There are also 3 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $540,000 $620,148 $680,000 6
5 room $750,000 $750,000 $750,000 1

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $2,200 $3,055 $3,850 10
5 room $2,900 $3,513 $4,000 4

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 123 Simei Street 1.

  • 4 room sales : Stable or no visible trend
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • 5 room price : Stable or no visible trend
Average resale price trend

There were a total of 7 resale transactions in the last 3 years for units in block 123 Simei Street 1, with the latest one recorded in Oct 2024.

117
Date Resale PSM Type Location Floor Fl. Area Model Built
Oct 2024 $680,000 $6,538 4 Room Blk 123 Simei Street 1 4 Room / 104 sqm 04 to 06 104 sqm Model A 1988
Aug 2024 $610,000 $5,865 4 Room Blk 123 Simei Street 1 4 Room / 104 sqm 01 to 03 104 sqm Model A 1988
Jun 2024 $750,000 $6,198 5 Room Blk 123 Simei Street 1 5 Room / 121 sqm 04 to 06 121 sqm Improved 1988
May 2024 $610,000 $5,648 4 Room Blk 123 Simei Street 1 4 Room / 108 sqm 01 to 03 108 sqm Model A 1988
Dec 2023 $645,888 $6,210 4 Room Blk 123 Simei Street 1 4 Room / 104 sqm 04 to 06 104 sqm Model A 1988
Dec 2022 $635,000 $6,106 4 Room Blk 123 Simei Street 1 4 Room / 104 sqm 10 to 12 104 sqm Model A 1988
Jan 2022 $540,000 $5,192 4 Room Blk 123 Simei Street 1 4 Room / 104 sqm 07 to 09 104 sqm Model A 1988

Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 123 Simei Street 1.

  • 4 room rental : Trending up
  • 5 room rental : Stable trend
Rental transactions trend
  • 4 room rental price : Trending up
  • 5 room rental price : Trending up
Average rental price trend

There were a total of 14 rental transactions in the last 3 years for units in block 123 Simei Street 1. The latest recorded one was in Aug 2024.

1114
Date Rental Flat Type Location Town
Aug 2024 $2,200 4 Room Blk 123 Simei Street 1 4 Room Tampines
Jul 2024 $3,800 4 Room Blk 123 Simei Street 1 4 Room Tampines
Jul 2024 $3,850 4 Room Blk 123 Simei Street 1 4 Room Tampines
Feb 2024 $3,700 4 Room Blk 123 Simei Street 1 4 Room Tampines
Jan 2024 $3,700 4 Room Blk 123 Simei Street 1 4 Room Tampines
Nov 2023 $4,000 5 Room Blk 123 Simei Street 1 5 Room Tampines
Aug 2023 $2,200 4 Room Blk 123 Simei Street 1 4 Room Tampines
Aug 2023 $2,900 5 Room Blk 123 Simei Street 1 5 Room Tampines
Jul 2023 $3,600 4 Room Blk 123 Simei Street 1 4 Room Tampines
May 2023 $3,600 5 Room Blk 123 Simei Street 1 5 Room Tampines
Sep 2022 $3,550 5 Room Blk 123 Simei Street 1 5 Room Tampines
Aug 2022 $2,200 4 Room Blk 123 Simei Street 1 4 Room Tampines
Jun 2022 $2,800 4 Room Blk 123 Simei Street 1 4 Room Tampines
Feb 2022 $2,500 4 Room Blk 123 Simei Street 1 4 Room Tampines
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123 Simei Street 1

Block : 123
Street : Simei Street 1
Building :
Postal code : 520123
Town : Tampines
Recorded transactions floor area : 104 sqm, 108 sqm, 121 sqm, 122 sqm, 128 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Model A, Improved
Lease commencement : 1988
Year completed : 1987
Max. Floor : 11
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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