Blk 242 Simei Street 5
About 242 Simei St 5
242 Simei Street 5 is an HDB block located in Tampines. It has 4 room and 5 room units and the highest floor is 11. The block was completed in 1995 and the lease with HDB commenced in 1997. This means that the remaining lease period is approximately 78 years 08 months. The unit floor size are 105, 122 and 124sqm. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Mar 2024 for a 5 room unit at $790,000.
There are several primary schools located within 1km of block 242, including Changkat Primary School, Angsana Primary School and Chongzheng Primary School.
For secondary education, the nearby schools include Changkat Changi Secondary School.
Block 242 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Simei MRT Station (EW3) and Upper Changi MRT Station (DT34).
There are also 9 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $585,000 | $585,000 | $585,000 | 1 |
| 5 room | $790,000 | $790,000 | $790,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $1,500 | $2,433 | $3,000 | 3 |
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 242 Simei Street 5.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Stable or no visible trend
- 5 room price : Stable or no visible trend
Resale transaction details and prices
There were a total of 2 resale transactions in the last 3 years for units in block 242 Simei Street 5, with the latest one recorded in Mar 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Mar 2024 | $790,000 | $6,475 | 5 Room | Blk 242 Simei Street 5 5 Room / 122 sqm | 04 to 06 | 122 sqm | Improved | 1997 |
| Nov 2021 | $585,000 | $5,571 | 4 Room | Blk 242 Simei Street 5 4 Room / 105 sqm | 07 to 09 | 105 sqm | Model A | 1997 |
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 242 Simei Street 5.
- 5 room rental : Stable trend
- 5 room rental price : Trending down
Rental transaction details and prices
There were a total of 3 rental transactions in the last 3 years for units in block 242 Simei Street 5. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $1,500 | 5 Room | Blk 242 Simei Street 5 5 Room | Tampines |
| Feb 2023 | $3,000 | 5 Room | Blk 242 Simei Street 5 5 Room | Tampines |
| May 2022 | $2,800 | 5 Room | Blk 242 Simei Street 5 5 Room | Tampines |
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Property information for 242 Simei Street 5
| Block | : | 242 |
| Street | : | Simei Street 5 |
| Building | : | |
| Postal code | : | 520242 |
| Town | : | Tampines |
| Recorded transactions floor area | : | 105 sqm, 122 sqm, 124 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Model A, Improved |
| Lease commencement | : | 1997 |
| Year completed | : | 1995 |
| Max. Floor | : | 11 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |