Blk 124 Simei Street 1
About 124 Simei St 1
124 Simei Street 1 comprises 4 room and 5 room HDB blocks and is located in Tampines. It was completed in year 1987 and the lease commenced in 1988. The remaining lease period with HDB is therefore approximately 69 years 10 months.
The highest floor for this block is 11. The unit floor size are 84, 103, 121, 122 and 123sqm, based on past transactions data. The latest resale transaction was in Sep 2024 and the highest transacted price was recorded in Jul 2024 for a 5 room unit at $690,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 124, including Angsana Primary School, Chongzheng Primary School and Yumin Primary School.
For secondary education, the nearby schools include Changkat Changi Secondary School and Ngee Ann Secondary School.
Block 124 is also well-connected to public transportation, with several MRT stations close by, including Simei MRT Station (EW3).
There are also 4 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $450,000 | $492,500 | $545,000 | 6 |
| 5 room | $568,888 | $631,481 | $690,000 | 6 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,500 | $2,483 | $3,850 | 18 |
| 5 room | $2,000 | $3,042 | $3,900 | 12 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 124 Simei Street 1.
- 4 room sales : Trending up
- 5 room sales : Trending down
- 4 room price : Trending up
- 5 room price : Trending up
Resale transaction details and prices
There were a total of 12 resale transactions in the last 3 years for units in block 124 Simei Street 1, with the latest one recorded in Sep 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Sep 2024 | $545,000 | $6,488 | 4 Room | Blk 124 Simei Street 1 4 Room / 84 sqm | 07 to 09 | 84 sqm | Simplified | 1988 |
| Aug 2024 | $660,000 | $5,455 | 5 Room | Blk 124 Simei Street 1 5 Room / 121 sqm | 04 to 06 | 121 sqm | Improved | 1988 |
| Jul 2024 | $690,000 | $5,610 | 5 Room | Blk 124 Simei Street 1 5 Room / 123 sqm | 01 to 03 | 123 sqm | Improved | 1988 |
| Jul 2023 | $500,000 | $5,952 | 4 Room | Blk 124 Simei Street 1 4 Room / 84 sqm | 10 to 12 | 84 sqm | Simplified | 1988 |
| Jul 2023 | $500,000 | $5,952 | 4 Room | Blk 124 Simei Street 1 4 Room / 84 sqm | 01 to 03 | 84 sqm | Simplified | 1988 |
| Jul 2023 | $650,000 | $5,328 | 5 Room | Blk 124 Simei Street 1 5 Room / 122 sqm | 04 to 06 | 122 sqm | Improved | 1988 |
| Jun 2023 | $475,000 | $5,655 | 4 Room | Blk 124 Simei Street 1 4 Room / 84 sqm | 07 to 09 | 84 sqm | Simplified | 1988 |
| May 2023 | $485,000 | $5,774 | 4 Room | Blk 124 Simei Street 1 4 Room / 84 sqm | 07 to 09 | 84 sqm | Simplified | 1988 |
| Mar 2023 | $630,000 | $5,207 | 5 Room | Blk 124 Simei Street 1 5 Room / 121 sqm | 04 to 06 | 121 sqm | Improved | 1988 |
| Mar 2023 | $590,000 | $4,836 | 5 Room | Blk 124 Simei Street 1 5 Room / 122 sqm | 01 to 03 | 122 sqm | Improved | 1988 |
| Aug 2022 | $450,000 | $5,357 | 4 Room | Blk 124 Simei Street 1 4 Room / 84 sqm | 04 to 06 | 84 sqm | Simplified | 1988 |
| Oct 2021 | $568,888 | $4,663 | 5 Room | Blk 124 Simei Street 1 5 Room / 122 sqm | 10 to 12 | 122 sqm | Improved | 1988 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 124 Simei Street 1.
- 4 room rental : Trending down
- 5 room rental : Stable trend
- 4 room rental price : Trending up
- 5 room rental price : Trending up
Rental transaction details and prices
There were a total of 30 rental transactions in the last 3 years for units in block 124 Simei Street 1. The latest recorded one was in Aug 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Aug 2024 | $2,200 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Jul 2024 | $3,500 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Jul 2024 | $3,850 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Jun 2024 | $2,800 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Apr 2024 | $2,700 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Apr 2024 | $2,000 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Apr 2024 | $2,200 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Apr 2024 | $3,000 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Apr 2024 | $3,300 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Mar 2024 | $3,500 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Dec 2023 | $3,900 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Aug 2023 | $3,400 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Jul 2023 | $3,800 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Jun 2023 | $2,000 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| May 2023 | $1,850 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| May 2023 | $1,500 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Apr 2023 | $2,500 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Mar 2023 | $1,900 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Mar 2023 | $2,300 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Mar 2023 | $3,600 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Dec 2022 | $3,200 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Aug 2022 | $3,000 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Aug 2022 | $2,300 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Aug 2022 | $2,000 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Jul 2022 | $3,500 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Jun 2022 | $2,200 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Mar 2022 | $2,800 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Mar 2022 | $2,200 | 4 Room | Blk 124 Simei Street 1 4 Room | Tampines |
| Feb 2022 | $2,000 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
| Jan 2022 | $2,200 | 5 Room | Blk 124 Simei Street 1 5 Room | Tampines |
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Property information for 124 Simei Street 1
| Block | : | 124 |
| Street | : | Simei Street 1 |
| Building | : | |
| Postal code | : | 520124 |
| Town | : | Tampines |
| Recorded transactions floor area | : | 84 sqm, 103 sqm, 121 sqm, 122 sqm, 123 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Simplified, Model A |
| 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 |