How Much Is a Flat at Block 255 Simei St 1 Worth?

4 Room, 5 Room · Built 1996 · 69 years 07 months remaining MOP Cleared

Latest Sale

$888,000

2026-03 · 5 Room

Median $/sqm

$5,294

Based on 9 txns

Total Txns

9

Since data available

5-Yr Trend

▲33.2%

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)

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

Watch
0 yrs 69 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 69 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 9 total

Date Floor Type sqm Price $/sqm
2026-03 10 TO 12 5 Room 118 $888,000 $7,525
2025-03 01 TO 03 4 Room 101 $715,000 $7,079
2024-04 07 TO 09 5 Room 117 $838,000 $7,162
2023-06 07 TO 09 4 Room 98 $600,000 $6,122
2022-04 01 TO 03 5 Room 119 $630,000 $5,294
2022-02 01 TO 03 4 Room 101 $522,000 $5,168
2020-12 01 TO 03 5 Room 122 $560,000 $4,590
2019-03 01 TO 03 4 Room 101 $500,000 $4,950
2017-05 04 TO 06 4 Room 101 $505,000 $5,000
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About Block 255 Simei St 1

Block 255 at Simei St 1 is a residential HDB block in Tampines, Singapore, built in 1996 with approximately 69 years remaining on its 99-year lease. The block contains 4 Room, 5 Room flats, with resale prices ranging from $522,000 to $734,000 based on 9 recorded transactions. The most recent transaction was a 5 Room flat (storeys 10–12) that sold for $888,000 in Mar 2026. The current median price per square metre is $5,294. Over the past five years, resale prices have risen by approximately 33.2%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 255 has 69 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 255 Simei St 1?

Based on 9 recorded transactions, the median resale price ranges from $522,000 (4 Room) to $734,000 (5 Room). The most recent sale was $888,000 in 2026-03.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $715,000
5 Room $863,000

What is my flat worth at Block 255?

The overall median resale price at Block 255 Simei St 1 is $789,000. Prices have risen 33.2% over the past 5 years.

How active is the resale market at Block 255?

Block 255 has recorded 9 resale transactions — roughly 0.4 sales per month over the past 24 months. The latest transaction closed in 2026-03.

What flat types are available at Block 255?

Block 255 Simei St 1 has 4 Room, 5 Room units. Median prices range from $522,000 to $734,000.

How much can I unlock to upgrade if I sell my HDB at Block 255?

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 255?

Block 255 was built in 1996 with a 99-year lease. It has approximately 69 years 07 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 $715,000 $14,880 to $16,380