How Much Is a Flat at Block 120 Simei St 1 Worth?

4 Room, 5 Room · Built 1988 · 61 years 03 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$760,000

2026-04 · 5 Room

Median $/sqm

$4,903

Based on 18 txns

Total Txns

18

Since data available

5-Yr Trend

▲31.0%

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)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

3.7 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Act Soon
0 yrs 61 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 61 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 18 total

Date Floor Type sqm Price $/sqm
2026-04 07 TO 09 5 Room 128 $760,000 $5,938
2023-06 07 TO 09 4 Room 104 $638,000 $6,135
2023-04 07 TO 09 4 Room 104 $608,888 $5,855
2023-03 01 TO 03 4 Room 104 $560,000 $5,385
2022-12 07 TO 09 5 Room 122 $650,000 $5,328
2022-09 01 TO 03 5 Room 122 $663,000 $5,434
2022-06 10 TO 12 5 Room 121 $655,000 $5,413
2021-12 01 TO 03 4 Room 104 $500,000 $4,808
2021-08 04 TO 06 5 Room 128 $630,000 $4,922
2021-05 01 TO 03 4 Room 104 $460,000 $4,423
2021-02 07 TO 09 5 Room 128 $580,088 $4,532
2020-11 01 TO 03 5 Room 122 $515,000 $4,221
2020-08 10 TO 12 4 Room 104 $472,000 $4,538
2018-07 10 TO 12 4 Room 104 $508,000 $4,885
2017-11 07 TO 09 4 Room 104 $540,000 $5,192
2017-07 04 TO 06 4 Room 104 $460,000 $4,423
2017-06 07 TO 09 4 Room 104 $487,000 $4,683
2017-03 01 TO 03 4 Room 104 $422,000 $4,058
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About Block 120 Simei St 1

Flats at Block 120 Simei St 1 have been selling at a median of $5,938/sqm, mainly 5-room flats at $760,000 median, with 1 transaction recorded.

The block is a 6-minute walk from Simei MRT Station (426m) and is near Tampines Mall mall (1863m, 23 min walk). It is also near Changkat Primary School (727m, 9 min walk), Chongzheng Primary School (1375m, 17 min walk), and Yumin Primary School (1745m, 21 min walk).

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

What's Near Block 120 Simei St 1?

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

MRT / LRT

SIMEI MRT STATION 426m · 6 min

Nearby Schools

CHANGKAT PRIMARY SCHOOL 727m · 9 min

Parks

HARVEY CRESCENT PG 794m · 10 min

Community Facilities

Changi Simei CC 285m · 4 min

Other Blocks on Simei St 1

Block 123 Simei St 1 Block 131 Simei St 1 Block 122 Simei St 1

Frequently Asked Questions

How much is a flat at Block 120 Simei St 1?

Based on 18 recorded transactions, the median resale price ranges from $500,000 (4 Room) to $650,000 (5 Room). The most recent sale was $760,000 in 2026-04.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $500,000 (all-time)
5 Room $760,000

What is my flat worth at Block 120?

The overall median resale price at Block 120 Simei St 1 is $760,000. Prices have risen 31.0% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 120?

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 120 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 120?

Block 120 has recorded 18 resale transactions — roughly 0.8 sales per month over the past 24 months. The latest transaction closed in 2026-04.

What flat types are available at Block 120?

Block 120 Simei St 1 has 4 Room, 5 Room units. Median prices range from $500,000 to $650,000.

How much can I unlock to upgrade if I sell my HDB at Block 120?

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 120?

Block 120 was built in 1988 with a 99-year lease. It has approximately 61 years 03 months remaining.

Does Block 120's remaining lease affect its resale value?

At 61 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 120 Simei St 1?

Flats at Block 120 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 $760,000 excl. levy $15,780 to $17,280