Blk 148 Simei St 1
Completed 1987 · 11 storeys · 100 flats · 61 years 07 months remaining · 23 resale transactions on record · median household income in Tampines: $9,500/mo
11 storeys · completed 1987
What the record shows
A 4-room here sold for $588,000 in Oct 2025. The same flat type in this block averaged $419,600 in 2020 - a gain of $168,400 - about $77 a day while the owner slept.
This block crosses 60 years remaining in 2027 - the line where CPF usage rules begin tightening for buyers. In Tampines over the last two years, flats below that line sold at a median 12% below their younger neighbours' PSF (1,235 sales).
Across Tampines, roughly 1,481 flats in newly-completed blocks reach the end of MOP between 2026 and 2028 - new sellers entering this market.
Rent check
What flats in this block actually rented for in the last 12 months - official approvals, not listings. If you’re quoted much more, you have a number to negotiate with.
| Type | Block median | Range | Tampines median | Gross yield | Rented |
|---|---|---|---|---|---|
| 4-ROOM | $3,400/mo | $2,800–$3,700 | $3,400/mo | - | 5 |
| 5-ROOM | $3,615/mo | $3,230–$4,000 | $3,650/mo | - | 2 |
Price trend
median PSF by year · ━ this block · ╌ Tampines · gaps = years with no sales here
The height gradient
every sale in 5 years, plotted by starting floor · 11 sales - do higher floors really fetch more here?
Every recent sale HDB official record, latest 23
| Month | Type | Storey | Area (sqm) | Price | PSF | Lease left |
|---|---|---|---|---|---|---|
| Oct 2025 | 4 ROOM | 07 to 09 | 88 | $588,000 | $621 | 61y 07m |
| Jun 2025 | 4 ROOM | 10 to 12 | 103 | $662,500 | $598 | 61y 10m |
| Apr 2025 | 4 ROOM | 01 to 03 | 84 | $572,000 | $633 | 62y 01m |
| Feb 2025 | 4 ROOM | 01 to 03 | 84 | $560,000 | $619 | 62y 03m |
| Jan 2025 | 5 ROOM | 01 to 03 | 121 | $700,000 | $537 | 62y 05m |
| Nov 2024 | 4 ROOM | 10 to 12 | 84 | $571,888 | $633 | 62y 06m |
| Aug 2024 | 5 ROOM | 04 to 06 | 122 | $682,000 | $519 | 62y 09m |
| Dec 2022 | 4 ROOM | 04 to 06 | 84 | $460,000 | $509 | 64y 05m |
| Jul 2022 | 4 ROOM | 07 to 09 | 84 | $505,000 | $559 | 64y 10m |
| Feb 2022 | 4 ROOM | 07 to 09 | 84 | $440,000 | $487 | 65y 03m |
| Feb 2022 | 4 ROOM | 10 to 12 | 84 | $428,000 | $473 | 65y 03m |
| Mar 2021 | 4 ROOM | 10 to 12 | 103 | $455,000 | $410 | 66y 02m |
| Oct 2020 | 4 ROOM | 01 to 03 | 84 | $365,000 | $404 | 66y 07m |
| Sept 2020 | 4 ROOM | 10 to 12 | 84 | $410,000 | $453 | 66y 07m |
| Jun 2020 | 5 ROOM | 10 to 12 | 122 | $568,000 | $433 | 67y |
| Aug 2019 | 5 ROOM | 01 to 03 | 121 | $530,000 | $407 | 67y 08m |
| Feb 2019 | 5 ROOM | 10 to 12 | 121 | $520,000 | $399 | 68y 03m |
| Oct 2018 | 4 ROOM | 04 to 06 | 84 | $406,000 | $449 | 68y 07m |
| Apr 2018 | 4 ROOM | 07 to 09 | 84 | $400,000 | $442 | 69y 01m |
| Sept 2017 | 5 ROOM | 10 to 12 | 123 | $585,000 | $442 | 69y 07m |
| Aug 2017 | 5 ROOM | 04 to 06 | 122 | $450,000 | $343 | 69y 09m |
| Jun 2017 | 4 ROOM | 10 to 12 | 103 | $470,000 | $424 | 69y 10m |
| Mar 2017 | 4 ROOM | 07 to 09 | 84 | $455,000 | $503 | 70y 01m |
Who lives in Tampines
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood
What sits around this address - distances computed from official OneMap and LTA records.
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Around this block
The nearest blocks by actual distance - street names are postal artifacts, so true neighbours often sit on a different road. Price gaps are median-vs-median on the flat type both blocks actually trade.
4-room median $28k above this block · 5 vs 5 sales
built 1987 · same generation
built 1987 · same generation
built 1987 · same generation
built 1987 · same generation
4-room median $90k above this block · 4 vs 5 sales
Condos nearby
The private premium, measured: the nearest condo trades at 1.6×this block’s PSF.
Grounded in this block’s own resale record, trend and lease - ask away.