How Much Is a Flat at Block 40 Sims Dr Worth?

4 Room, 5 Room · Built 1990 · 63 years 06 months remaining MOP Cleared

Latest Sale

$680,000

2026-01 · 4 Room

Median $/sqm

$5,048

Based on 21 txns

Total Txns

21

Since data available

5-Yr Trend

▲28.5%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

Market Demand

📊 Moderate activity — a specialist agent can position your flat to the right buyer.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

2 flats ⚡

AVG. DAYS TO OFFER

~90 days

Transaction density proxy

BUYER DEMAND

4.2 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Act Soon
0 yrs 63 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 63 years of lease left. A buyer who purchases today and waits out their 5-year MOP will be selling a flat under 60 years — which means their buyers face CPF and loan limits. Savvy buyers know this. It shrinks your pool and puts downward pressure on price.

An experienced agent can help you find motivated buyers and close before this becomes a bigger factor.

Transaction History 21 total

Date Floor Type sqm Price $/sqm
2026-01 10 TO 12 4 Room 103 $680,000 $6,602
2025-12 07 TO 09 5 Room 120 $765,000 $6,375
2025-08 07 TO 09 5 Room 122 $755,000 $6,189
2025-03 01 TO 03 5 Room 124 $745,000 $6,008
2025-02 01 TO 03 5 Room 124 $720,000 $5,806
2025-01 04 TO 06 4 Room 104 $668,000 $6,423
2024-04 10 TO 12 5 Room 122 $760,000 $6,230
2023-11 04 TO 06 5 Room 124 $688,888 $5,556
2023-10 10 TO 12 4 Room 109 $568,000 $5,211
2023-09 10 TO 12 4 Room 109 $588,000 $5,394
2022-01 07 TO 09 4 Room 113 $560,000 $4,956
2021-07 10 TO 12 4 Room 109 $510,000 $4,679
2021-07 07 TO 09 4 Room 104 $525,000 $5,048
2021-01 10 TO 12 5 Room 124 $580,000 $4,677
2020-11 07 TO 09 4 Room 113 $530,000 $4,690
2020-08 01 TO 03 4 Room 109 $445,000 $4,083
2019-07 04 TO 06 4 Room 108 $480,000 $4,444
2017-12 01 TO 03 5 Room 120 $535,000 $4,458
2017-05 01 TO 03 5 Room 124 $528,000 $4,258
2017-04 10 TO 12 5 Room 122 $565,000 $4,631
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About Block 40 Sims Dr

Block 40 at Sims Dr is a residential HDB block in Geylang, Singapore, built in 1990 with approximately 63 years remaining on its 99-year lease. The block contains 4 Room, 5 Room flats, with resale prices ranging from $530,000 to $704,444 based on 21 recorded transactions. The most recent transaction was a 4 Room flat (storeys 10–12) that sold for $680,000 in Jan 2026. The current median price per square metre is $5,048. Over the past five years, resale prices have risen by approximately 28.5%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 40 has 63 years left, meaning buyers face no financing restrictions.

All data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is a flat at Block 40 Sims Dr?

Based on 21 recorded transactions, the median resale price ranges from $530,000 (4 Room) to $704,444 (5 Room). The most recent sale was $680,000 in 2026-01.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $674,000
5 Room $755,000

What is my flat worth at Block 40?

The overall median resale price at Block 40 Sims Dr is $714,500. Prices have risen 28.5% over the past 5 years.

How active is the resale market at Block 40?

Block 40 has recorded 21 resale transactions — roughly 0.9 sales per month over the past 24 months. The latest transaction closed in 2026-01.

What flat types are available at Block 40?

Block 40 Sims Dr has 4 Room, 5 Room units. Median prices range from $530,000 to $704,444.

How much can I unlock to upgrade if I sell my HDB at Block 40?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 40?

Block 40 was built in 1990 with a 99-year lease. It has approximately 63 years 06 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Seller stamp duty None (after MOP)
Total (est.) on $674,000 $14,060 to $15,560