How Much Is a Flat at Block 165 Simei Rd Worth?

4 Room, 5 Room · Built 1989 · 62 years 01 month remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$662,000

2026-04 · 4 Room

Median $/sqm

$4,718

Based on 25 txns

Total Txns

25

Since data available

5-Yr Trend

▲23.8%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

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)

3 flats ⚡

AVG. DAYS TO OFFER

~60 days

Transaction density proxy

BUYER DEMAND

4.6 / 10

Block Specialists

Connect with agents who know this block — coming soon.

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 25 total

Date Floor Type sqm Price $/sqm
2026-04 10 TO 12 4 Room 104 $662,000 $6,365
2026-03 07 TO 09 4 Room 104 $635,000 $6,106
2025-12 04 TO 06 5 Room 128 $748,800 $5,850
2025-09 01 TO 03 4 Room 104 $625,000 $6,010
2025-08 01 TO 03 4 Room 104 $620,000 $5,962
2025-01 04 TO 06 4 Room 104 $640,000 $6,154
2024-12 10 TO 12 4 Room 104 $660,000 $6,346
2024-11 01 TO 03 5 Room 128 $700,000 $5,469
2024-04 07 TO 09 4 Room 104 $618,000 $5,942
2023-09 10 TO 12 4 Room 104 $569,000 $5,471
2022-11 04 TO 06 4 Room 104 $505,000 $4,856
2022-09 04 TO 06 5 Room 128 $603,888 $4,718
2022-08 10 TO 12 4 Room 104 $515,000 $4,952
2021-12 10 TO 12 4 Room 104 $490,000 $4,712
2021-09 01 TO 03 4 Room 104 $420,000 $4,038
2021-07 10 TO 12 5 Room 122 $550,000 $4,508
2020-10 01 TO 03 5 Room 128 $495,000 $3,867
2020-03 10 TO 12 5 Room 128 $510,000 $3,984
2020-01 07 TO 09 5 Room 122 $500,000 $4,098
2019-11 07 TO 09 5 Room 122 $488,000 $4,000
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About Block 165 Simei Rd

Flats at Block 165 Simei Rd have been selling at a median of $6,107/sqm — up 2.0% over the last 6 months, mainly 4-room flats at $648,500 median, with 3 transactions recorded.

The block is a 6-minute walk from Upper Changi MRT Station (436m) and is near the nearest hawker centre (no hawker centre listed), and it is also near East Spring Primary School (1781m, 22 min walk) and Changkat Primary School (1130m, 14 min walk).

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

What's Near Block 165 Simei Rd?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

UPPER CHANGI MRT STATION 933m · 12 min
SIMEI MRT STATION 799m · 10 min

Nearby Schools

CHANGKAT PRIMARY SCHOOL 1130m · 14 min

Parks

JLN PELATOK PG 663m · 8 min
MERAGI RD PG 854m · 11 min

Community Facilities

Changi Simei CC 870m · 11 min

Other Blocks on Simei Rd

Frequently Asked Questions

How much is a flat at Block 165 Simei Rd?

Based on 25 recorded transactions, the median resale price ranges from $550,000 (5 Room) to $593,500 (4 Room). The most recent sale was $662,000 in 2026-04.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $637,500
5 Room $724,400

What is my flat worth at Block 165?

The overall median resale price at Block 165 Simei Rd is $680,950. Prices have risen 23.8% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 165?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 165 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 165?

Block 165 has recorded 25 resale transactions — roughly 1.0 sales per month over the past 24 months. The latest transaction closed in 2026-04.

What flat types are available at Block 165?

Block 165 Simei Rd has 4 Room, 5 Room units. Median prices range from $550,000 to $593,500.

How much can I unlock to upgrade if I sell my HDB at Block 165?

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 165?

Block 165 was built in 1989 with a 99-year lease. It has approximately 62 years 01 month remaining.

Does Block 165's remaining lease affect its resale value?

At 62 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 165 Simei Rd?

Flats at Block 165 Simei Rd have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

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
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $637,500 excl. levy $13,330 to $14,830