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HDB · 520137

Blk 137 Simei St 1

Project page · 99-year lease from 1988

Indicative value range
S$557,500 – S$588,261
Indicative mid S$575,647 · S$6,853 psm

Based on 20 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 15010 TO 1284 sqmS$610,000S$7,262 psm×1.000S$7,262 psm
Sept 2026Blk 12701 TO 0384 sqmS$550,000S$6,548 psm×1.000S$6,548 psm
Sept 2026Blk 13504 TO 0684 sqmS$560,000S$6,667 psm×1.000S$6,667 psm
Aug 2026Blk 12901 TO 0388 sqmS$606,000S$6,886 psm×1.000S$6,886 psm
Aug 2026Blk 13407 TO 0984 sqmS$550,000S$6,548 psm×1.000S$6,548 psm
Aug 2026Blk 14804 TO 0684 sqmS$550,000S$6,548 psm×1.000S$6,548 psm
Aug 2026Blk 13604 TO 0684 sqmS$568,000S$6,762 psm×1.000S$6,762 psm
Jul 2026Blk 13201 TO 0384 sqmS$575,000S$6,845 psm×1.000S$6,845 psm
Jun 2026Blk 12901 TO 0384 sqmS$590,000S$7,024 psm×1.000S$7,024 psm
Jun 2026Blk 13007 TO 0984 sqmS$590,000S$7,024 psm×1.000S$7,024 psm
Feb 2026Blk 12707 TO 0984 sqmS$610,000S$7,262 psm×0.997S$7,240 psm
Feb 2026Blk 13310 TO 1284 sqmS$588,000S$7,000 psm×0.997S$6,979 psm
Feb 2026Blk 11707 TO 0984 sqmS$600,000S$7,143 psm×0.997S$7,122 psm
Jan 2026Blk 13704 TO 0684 sqmS$531,000S$6,321 psm×0.997S$6,303 psm
Jan 2026Blk 13407 TO 0984 sqmS$578,000S$6,881 psm×0.997S$6,861 psm
Dec 2025Blk 13307 TO 0988 sqmS$595,000S$6,761 psm×0.996S$6,735 psm
Dec 2025Blk 13804 TO 0684 sqmS$580,000S$6,905 psm×0.996S$6,878 psm
Dec 2025Blk 14907 TO 0984 sqmS$590,000S$7,024 psm×0.996S$6,996 psm
Dec 2025Blk 11207 TO 0984 sqmS$570,000S$6,786 psm×0.996S$6,759 psm
Nov 2025Blk 13704 TO 0684 sqmS$540,000S$6,429 psm×0.996S$6,403 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.

7.30% gross yield

S$42,000 of rent a year against the estimate above · 0.61 points above flats like it

Homes like this rent for about S$3,500 a month, the middle of 100 approvals in the last year.

Across Singapore, flats of this type with 60 to 69 years of lease left yield 6.69%, from 75 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
Sept 20262564 ROOMS$3,900
Sept 20261064 ROOMS$3,750
Sept 20261484 ROOMS$3,700
Sept 20262564 ROOMS$3,700
Sept 20261484 ROOMS$3,600
Sept 20261134 ROOMS$3,600
Sept 20261514 ROOMS$2,600
Sept 20261224 ROOMS$2,000

median of 100 HDB rental approvals for 4 ROOM on Simei St 1 since 2025-10.

Buying or selling at S$575,647?

Buying: Stamp duty on S$575,647 · Cash and CPF needed on S$575,647 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$575,647.

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

Primary schools near 137 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
Aug 2026
Blk 137 · 5 ROOM · 07 TO 09 · Improved · 61 years left
122 sqmS$768,000S$6,295 psm
Jan 2026
Blk 137 · 4 ROOM · 04 TO 06 · Simplified · 62 years left
84 sqmS$531,000S$6,321 psm
Nov 2025
Blk 137 · 4 ROOM · 04 TO 06 · Simplified · 62 years left
84 sqmS$540,000S$6,429 psm
Jan 2025
Blk 137 · 4 ROOM · 07 TO 09 · Simplified · 63 years left
84 sqmS$563,000S$6,702 psm
Mar 2024
Blk 137 · 5 ROOM · 04 TO 06 · Improved · 64 years left
122 sqmS$675,000S$5,533 psm
Feb 2023
Blk 137 · 4 ROOM · 07 TO 09 · Simplified · 65 years left
84 sqmS$480,000S$5,714 psm
Jun 2022
Blk 137 · 4 ROOM · 07 TO 09 · Simplified · 65 years left
84 sqmS$435,000S$5,179 psm
Oct 2021
Blk 137 · 5 ROOM · 01 TO 03 · Improved · 66 years left
122 sqmS$550,000S$4,508 psm
See more

Showing 8 of 50.

Sale prices as filed in caveats.

Where the lease takes this

About 60 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 years55 yearsS$555,381S$613,186S$664,092S$675,706
10 years50 yearsS$530,165S$646,268S$758,028S$784,774
20 years40 yearsS$474,131S$704,534S$969,274S$1,038,880

On a flat market the lease alone costs 18% over 20 years. Prices would need to rise about 0.97% 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.