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HDB · 520128

Blk 128 Simei St 1

Project page · 99-year lease from 1987

Indicative value range
S$946,586 – S$949,840
Indicative mid S$949,679 · S$6,550 psm

Based on 3 sales in this street, last 12 months. Search widened 1 of 3 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Sept 2026Blk 12801 TO 03145 sqmS$950,000S$6,552 psm×1.000S$6,552 psm
Jul 2026Blk 10501 TO 03146 sqmS$950,000S$6,507 psm×1.000S$6,507 psm
Dec 2025Blk 10501 TO 03146 sqmS$960,000S$6,575 psm×0.996S$6,550 psm

How accurate is this estimate for Simei St 1?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 79 sales in Simei St 1 since.

Median error
2.9%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

4.80% gross yield

S$45,600 of rent a year against the estimate above · 0.3 points above flats like it

Homes like this rent for about S$3,800 a month, the middle of 5 approvals in the last year.

Across Singapore, flats of this type with 50 to 59 years of lease left yield 4.50%, from 17 blocks. This town has too few such blocks to measure on its own.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
May 2026105EXECUTIVES$3,800
Apr 2026105EXECUTIVES$4,200
Mar 2026105EXECUTIVES$4,200
Feb 2026105EXECUTIVES$2,900
Oct 2025105EXECUTIVES$3,600

median of 5 HDB rental approvals for EXECUTIVE on Simei St 1 since 2025-10.

Buying or selling at S$949,679?

Buying: Stamp duty on S$949,679 · Cash and CPF needed on S$949,679 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$949,679.

Each opens with this figure filled in; change anything there.

Primary schools near 128 Simei St 1

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Sept 2026
Blk 128 · EXECUTIVE · 01 TO 03 · Maisonette · 60 years left
145 sqmS$950,000S$6,552 psm
Apr 2024
Blk 128 · EXECUTIVE · 01 TO 03 · Maisonette · 62 years left
145 sqmS$863,888S$5,958 psm
See more

Showing 2 of 8.

Sale prices as filed in caveats.

Where the lease takes this

About 59 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years54 yearsS$906,560S$1,000,915S$1,084,010S$1,102,969
10 years49 yearsS$860,894S$1,049,425S$1,230,903S$1,274,334
20 years39 yearsS$756,818S$1,124,592S$1,547,176S$1,658,282

On a flat market the lease alone costs 20% over 20 years. Prices would need to rise about 1.14% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.