Blk 224 Simei St 4
Project page · 99-year lease from 1989
Based on 4 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.
| Sold | Where | Floor | Size | Price | Per sqm | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Jul 2026 | Blk 234 | 04 TO 06 | 122 sqm | S$755,000 | S$6,189 psm | ×1.000 | S$6,189 psm |
| Jul 2026 | Blk 223 | 01 TO 03 | 122 sqm | S$718,888 | S$5,893 psm | ×1.000 | S$5,893 psm |
| Jun 2026 | Blk 228 | 07 TO 09 | 122 sqm | S$780,000 | S$6,393 psm | ×1.000 | S$6,393 psm |
| Dec 2025 | Blk 225 | 04 TO 06 | 128 sqm | S$825,000 | S$6,445 psm | ×0.996 | S$6,420 psm |
How accurate is this estimate for Simei St 4?
We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 15 sales in Simei St 4 since.
- Median error
- 2.4%
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.
5.79% gross yield
S$44,400 of rent a year against the estimate above · 0.11 points above flats like it
Homes like this rent for about S$3,700 a month, the middle of 19 approvals in the last year.
Across Singapore, flats of this type with 60 to 69 years of lease left yield 5.68%, from 25 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
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Sept 2026 | 227 | 5 ROOM | S$3,700 |
| Aug 2026 | 224 | 5 ROOM | S$3,500 |
| Jul 2026 | 227 | 5 ROOM | S$4,000 |
| Jul 2026 | 234 | 5 ROOM | S$4,000 |
| Jul 2026 | 227 | 5 ROOM | S$3,500 |
| Jun 2026 | 225 | 5 ROOM | S$3,300 |
| May 2026 | 225 | 5 ROOM | S$4,000 |
| Apr 2026 | 233 | 5 ROOM | S$3,600 |
median of 19 HDB rental approvals for 5 ROOM on Simei St 4 since 2025-10.
Buying or selling at S$767,500?
Buying: Stamp duty on S$767,500 · Cash and CPF needed on S$767,500 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$767,500.
Each opens with this figure filled in; change anything there.
Primary schools near 224 Simei St 4
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
- Changkat Primary School · 588 m · no 2025 Phase 2C ballot
1 to 2 km
- Chongzheng Primary School · 1,052 m · no 2025 Phase 2C ballot · near the line — check on OneMap
- Yumin Primary School · 1,052 m · no 2025 Phase 2C ballot · near the line — check on OneMap
- East Spring Primary School · 1,117 m · no 2025 Phase 2C ballot
- Tampines Primary School · 1,523 m · no 2025 Phase 2C ballot
- Gongshang Primary School · 1,774 m · balloted in 2025 Phase 2C (citizens within 1 km)
- St. Anthony's Canossian Primary School (girls) · 1,790 m · no 2025 Phase 2C ballot
- Junyuan Primary School · 1,980 m · balloted in 2025 Phase 2C (PRs within 1 km) · near the line — check on OneMap
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Sept 2026 | Blk 224 · 4 ROOM · 04 TO 06 · Model A · 62 years left | 106 sqm | S$675,000 | S$6,368 psm |
| Jul 2026 | Blk 224 · 4 ROOM · 01 TO 03 · Model A · 62 years left | 104 sqm | S$637,000 | S$6,125 psm |
| Sept 2025 | Blk 224 · 4 ROOM · 04 TO 06 · Model A · 63 years left | 108 sqm | S$668,000 | S$6,185 psm |
| Jul 2025 | Blk 224 · 5 ROOM · 10 TO 12 · Improved · 63 years left | 122 sqm | S$768,000 | S$6,295 psm |
| May 2024 | Blk 224 · 5 ROOM · 07 TO 09 · Improved · 64 years left | 122 sqm | S$728,000 | S$5,967 psm |
| Mar 2024 | Blk 224 · 5 ROOM · 07 TO 09 · Improved · 64 years left | 122 sqm | S$690,000 | S$5,656 psm |
| Jan 2024 | Blk 224 · 5 ROOM · 07 TO 09 · Improved · 65 years left | 122 sqm | S$678,888 | S$5,565 psm |
| Dec 2023 | Blk 224 · 5 ROOM · 01 TO 03 · Improved · 65 years left excluded: outlier | 122 sqm | S$652,000 | S$5,344 psm |
| Oct 2023 | Blk 224 · 4 ROOM · 10 TO 12 · Model A · 65 years left | 106 sqm | S$590,000 | S$5,566 psm |
| Mar 2023 | Blk 224 · 4 ROOM · 07 TO 09 · Model A · 65 years left | 108 sqm | S$590,000 | S$5,463 psm |
| Feb 2022 | Blk 224 · 5 ROOM · 04 TO 06 · Improved · 67 years left | 126 sqm | S$600,000 | S$4,762 psm |
Showing 11 of 48.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Aug 2026 | Blk 224 · 5 ROOM | S$3,500 | — |
| Apr 2026 | Blk 224 · 4 ROOM | S$3,500 | — |
| Apr 2026 | Blk 224 · 5 ROOM | S$3,000 | — |
| Nov 2025 | Blk 224 · 4 ROOM | S$3,500 | — |
| Jul 2025 | Blk 224 · 4 ROOM | S$4,000 | — |
| Dec 2024 | Blk 224 · 4 ROOM | S$3,500 | — |
| Apr 2024 | Blk 224 · 5 ROOM | S$3,000 | — |
| Mar 2024 | Blk 224 · 5 ROOM | S$3,500 | — |
| Dec 2023 | Blk 224 · 4 ROOM | S$3,500 | — |
| Jul 2023 | Blk 224 · 4 ROOM | S$2,800 | — |
| Mar 2023 | Blk 224 · 5 ROOM | S$4,000 | — |
| Dec 2022 | Blk 224 · 5 ROOM | S$4,300 | — |
| Nov 2022 | Blk 224 · 4 ROOM | S$2,800 | — |
| Sept 2022 | Blk 224 · 4 ROOM | S$3,500 | — |
| Apr 2022 | Blk 224 · 5 ROOM | S$2,350 | — |
| Jun 2021 | Blk 224 · 4 ROOM | S$2,150 | — |
| Apr 2021 | Blk 224 · 5 ROOM | S$2,200 | — |
| Jan 2021 | Blk 224 · 5 ROOM | S$2,650 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Where the lease takes this
About 61 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 now | Lease left | Prices flat | Prices 2% a year | This market's record, 3.64% a yearmeasured | Prices 4% a year |
|---|---|---|---|---|---|
| 5 years | 56 years | S$740,480 | S$817,549 | S$885,422 | S$900,907 |
| 10 years | 51 years | S$706,859 | S$861,658 | S$1,010,665 | S$1,046,325 |
| 20 years | 41 years | S$632,150 | S$939,342 | S$1,292,315 | S$1,385,119 |
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.