How Much Is a Flat at Block 111 Simei St 1 Worth?

Executive · Built 1987 · 62 years 03 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$940,888

2024-11 · Executive

Median $/sqm

$5,616

Based on 4 txns

Total Txns

4

Since data available

5-Yr Trend

▲26.7%

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

⏳ 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

3.0 / 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 4 total

Date Floor Type sqm Price $/sqm
2024-11 01 TO 03 Executive 146 $940,888 $6,444
2024-02 01 TO 03 Executive 146 $860,000 $5,890
2021-07 01 TO 03 Executive 146 $780,000 $5,342
2017-12 01 TO 03 Executive 146 $678,888 $4,650
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About Block 111 Simei St 1

Flats at Block 111 Simei St 1 have historically sold at a median of $5,582/sqm, with 4 transactions on record.

The block is a 9-minute walk from Simei MRT Station (676m) and is near East Point Mall mall (722m, 9 min walk). It is also near Changkat Primary School (713m, 9 min walk), Chongzheng Primary School (1797m, 22 min walk), and Yumin Primary School (2083m, 25 min walk).

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

What's Near Block 111 Simei St 1?

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

MRT / LRT

SIMEI MRT STATION 676m · 9 min

Nearby Schools

CHANGKAT PRIMARY SCHOOL 713m · 9 min

Shopping Malls

East Point Mall 722m · 9 min

Parks

SEA BREEZE GARDEN PARK 1159m · 14 min

Other Blocks on Simei St 1

Block 112 Simei St 1 Block 109 Simei St 1 Block 113 Simei St 1

Frequently Asked Questions

How much is a flat at Block 111 Simei St 1?

Based on 4 recorded transactions, the median resale price is $940,888. The most recent sale was $940,888 in 2024-11.

Median by flat type (last 24 months)

Flat Type Most Recent Median
Executive $940,888

What is my flat worth at Block 111?

The overall median resale price at Block 111 Simei St 1 is $940,888. Prices have risen 26.7% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 111?

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 111 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 111?

Block 111 has recorded 4 resale transactions — roughly 0.2 sales per month over the past 24 months. The latest transaction closed in 2024-11.

What flat types are available at Block 111?

Block 111 Simei St 1 has Executive units.

How much can I unlock to upgrade if I sell my HDB at Block 111?

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 111?

Block 111 was built in 1987 with a 99-year lease. It has approximately 62 years 03 months remaining.

Does Block 111's remaining lease affect its resale value?

At 60 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 111 Simei St 1?

Flats at Block 111 Simei St 1 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 $940,888 excl. levy $19,398 to $20,898