How Much Is a Flat at Block 164 Simei Rd Worth?

4 Room, 5 Room · Built 1989 · 62 years 11 months remaining MOP Cleared

Latest Sale

$628,000

2025-05 · 4 Room

Median $/sqm

$4,826

Based on 15 txns

Total Txns

15

Since data available

5-Yr Trend

▲36.1%

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

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

3.1 / 10

Block Specialists

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Lease Clock

Act Soon
0 yrs 62 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 62 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 15 total

Date Floor Type sqm Price $/sqm
2025-05 04 TO 06 4 Room 104 $628,000 $6,038
2024-06 04 TO 06 4 Room 104 $592,000 $5,692
2024-06 07 TO 09 4 Room 104 $620,000 $5,962
2024-02 04 TO 06 5 Room 128 $678,000 $5,297
2023-08 04 TO 06 5 Room 122 $600,000 $4,918
2023-01 04 TO 06 4 Room 104 $530,000 $5,096
2021-08 04 TO 06 4 Room 104 $460,000 $4,423
2021-08 01 TO 03 5 Room 122 $550,000 $4,508
2020-11 07 TO 09 5 Room 122 $578,000 $4,738
2020-10 07 TO 09 4 Room 104 $435,000 $4,183
2020-06 01 TO 03 4 Room 104 $367,000 $3,529
2019-04 04 TO 06 4 Room 104 $423,000 $4,067
2018-06 04 TO 06 4 Room 104 $438,000 $4,212
2018-05 07 TO 09 5 Room 122 $588,800 $4,826
2017-05 10 TO 12 5 Room 122 $600,000 $4,918
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About Block 164 Simei Rd

Block 164 at Simei Rd is a residential HDB block in Tampines, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 Room, 5 Room flats, with resale prices ranging from $460,000 to $594,400 based on 15 recorded transactions. The most recent transaction was a 4 Room flat (storeys 04–06) that sold for $628,000 in May 2025. The current median price per square metre is $4,826. Over the past five years, resale prices have risen by approximately 36.1%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 164 has 62 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 164 Simei Rd?

Based on 15 recorded transactions, the median resale price ranges from $460,000 (4 Room) to $594,400 (5 Room). The most recent sale was $628,000 in 2025-05.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $620,000
5 Room $594,400 (all-time)

What is my flat worth at Block 164?

The overall median resale price at Block 164 Simei Rd is $620,000. Prices have risen 36.1% over the past 5 years.

How active is the resale market at Block 164?

Block 164 has recorded 15 resale transactions — roughly 0.6 sales per month over the past 24 months. The latest transaction closed in 2025-05.

What flat types are available at Block 164?

Block 164 Simei Rd has 4 Room, 5 Room units. Median prices range from $460,000 to $594,400.

How much can I unlock to upgrade if I sell my HDB at Block 164?

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 164?

Block 164 was built in 1989 with a 99-year lease. It has approximately 62 years 11 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 $620,000 $12,980 to $14,480