Block 124 Simei St 1
124 Simei St 1, Singapore 520124
Block 124 Simei St 1 is an HDB block in Tampines, completed in 1987, with 120 dwelling units. Across 200 resales on record, 5-Room flats have recently resold around S$570k (S$553 psf, 84 sqm). The lease has approximately 61 years remaining.
What are the key facts about Block 124 Simei St 1?
Block 124 Simei St 1 is an HDB block in Tampines, completed in 1987, with 120 dwelling units.
- Town
- Tampines
- Planning area
- Tampines
- Completed
- 1987
- Storeys
- 11
- Total units
- 120
- Flat model
- Improved · Simplified
- Market segment
- OCR
- Median resale
- S$570k
- Last transacted
- Nov 2025
- Remaining lease
- ≈ 61 years
What are resale prices at Block 124 Simei St 1?
5-Room flats have recently resold around S$570k (S$553 psf), from 200 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 72 | S$470,000recent | 84 sqm | S$498 psf |
| 5-Room | 128 | S$630,000recent | 122 sqm | S$484 psf |
Live now: 7 flats listed for sale at this block (median asking S$630k) and 3 for rent — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Nov 2025.
What rent and yield does Block 124 Simei St 1 get?
Flats at Block 124 Simei St 1 have recently sublet for a median of S$3,140/mo, an indicative gross rental yield of about 6.6% (from 24 recent rental contracts).
Median rent
S$3,140/mo
24 recent contracts
Gross rental yield
6.6%
indicative, gross
Annual rent
S$37,680
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 21 | S$3,400/mo |
| 4-Room | 24 | S$2,500/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 124 Simei St 1?
Block 124 Simei St 1 has 200 recorded resales; the most recent transacted at S$730,000 in Nov 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Nov 2025 | 5-Room | 07 TO 09 | 122 sqm | S$730,000 |
| Jun 2025 | 5-Room | 07 TO 09 | 123 sqm | S$745,000 |
| May 2025 | 4-Room | 04 TO 06 | 84 sqm | S$570,000 |
| Feb 2025 | 5-Room | 10 TO 12 | 122 sqm | S$739,888 |
| Sept 2024 | 4-Room | 07 TO 09 | 84 sqm | S$545,000 |
| Aug 2024 | 5-Room | 04 TO 06 | 121 sqm | S$660,000 |
| Jul 2024 | 5-Room | 01 TO 03 | 123 sqm | S$690,000 |
| Jul 2023 | 4-Room | 10 TO 12 | 84 sqm | S$500,000 |
| Jul 2023 | 4-Room | 01 TO 03 | 84 sqm | S$500,000 |
| Jul 2023 | 5-Room | 04 TO 06 | 122 sqm | S$650,000 |
| Jun 2023 | 4-Room | 07 TO 09 | 84 sqm | S$475,000 |
| May 2023 | 4-Room | 07 TO 09 | 84 sqm | S$485,000 |
What flat types are in Block 124 Simei St 1?
Block 124 Simei St 1 has 120 units, mostly 5-Room flats of the Improved / Simplified model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 124 Simei St 1?
Block 124 Simei St 1 is an HDB block in Tampines.
Block 124 Simei St 1 is an HDB block located along Simei St 1. The block is recorded as completed around 1987, with up to 11 storeys. It has an estimated 120 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.
The address is Block 124 Simei St 1, Singapore 520124. It is part of District 18, Tampines / Pasir Ris, the Tampines planning area. The block falls within the East Region and the OCR market segment.
The nearest rail connection is Simei MRT, approximately 346m away, around 5 minutes on foot. Nearby amenities include Eastpoint Mall for shopping, SHAHUL HAMEED S/O ABDUSALAM for groceries, Blk 137 Tampines Street 11 for food options, Harvey Crescent Pg for greenery and recreation, and Changi Simei Community Club for community facilities.
How far is Block 124 Simei St 1 from MRT and schools?
The nearest MRT/LRT to Block 124 Simei St 1 is Simei MRT, about 346 m away (~5 min walk). 5 schools are within 1 km, including 3 primary schools.
Getting around
- Simei MRT346 m · ~5 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chongzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority536 m
- Yumin Primary SchoolPrimary schoolwithin 1 km · P1 priority642 m
- Changkat Primary SchoolPrimary schoolwithin 1 km · P1 priority691 m
- Changkat Changi Secondary SchoolSecondary schoolwithin 1 km756 m
- Ngee Ann Secondary SchoolSecondary schoolwithin 1 km983 m
- Pasir Ris Secondary SchoolSecondary school1.0 km
- Tampines Secondary SchoolSecondary school1.1 km
- Tampines Primary SchoolPrimary school1.1 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 124 Simei St 1?
Buying a flat at Block 124 Simei St 1 (~S$570k) needs about S$4,544/mo in income and S$2,140/mo in repayments, after S$11,700 stamp duty and a S$143k downpayment.
Illustrative, for a buyer at the recent median resale price (S$570k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$11,700
BSD, tiered
Downpayment (25%)
S$143k
cash + CPF
Monthly instalment
S$2,140/mo
25y @ 3.5%
Income required
S$4,544/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 124 Simei St 1? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 124 Simei St 1 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 124 Simei St 1
How much does a 5-Room flat at Block 124 Simei St 1 cost?⌄
5-Room flats at Block 124 Simei St 1 have recently resold for a median of about S$570k (S$553 psf), from 200 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 124 Simei St 1 by flat type?⌄
4-Room ≈ S$470k; 5-Room ≈ S$630k (median resale, HDB caveats).
Is Block 124 Simei St 1 worth buying given its remaining lease?⌄
Block 124 Simei St 1 has about 61 years left on its 99-year lease (completed 1987). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 124 Simei St 1?⌄
Gross rental yield at Block 124 Simei St 1 is about 6.6%, based on a median subletting rent of about S$3,140/mo against a resale price of about S$570k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 124 Simei St 1?⌄
For a flat at about S$570k on a 25-year HDB-style loan, you'd need roughly S$4,544/mo in household income, with repayments around S$2,140/mo after a S$143k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 124 Simei St 1?⌄
The nearest MRT/LRT station to Block 124 Simei St 1 is Simei MRT, about 346 m away (~5 min walk).
Which primary schools are within 1 km of Block 124 Simei St 1?⌄
Chongzheng Primary School, Yumin Primary School, Changkat Primary School are within 1 km of Block 124 Simei St 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.