Block 148 Simei St 1
148 Simei St 1, Singapore 520148
Block 148 Simei St 1 is an HDB block in Tampines, completed in 1987, with 100 dwelling units. Across 157 resales on record, 4-Room flats have recently resold around S$560k (S$537 psf, 84 sqm). The lease has approximately 62 years remaining.
What are the key facts about Block 148 Simei St 1?
Block 148 Simei St 1 is an HDB block in Tampines, completed in 1987, with 100 dwelling units.
- Town
- Tampines
- Planning area
- Tampines
- Completed
- 1987
- Storeys
- 11
- Total units
- 100
- Flat model
- Simplified · Improved
- Market segment
- OCR
- Median resale
- S$560k
- Last transacted
- Oct 2025
- Remaining lease
- ≈ 62 years
What are resale prices at Block 148 Simei St 1?
4-Room flats have recently resold around S$560k (S$537 psf), from 157 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 97 | S$460,000recent | 84 sqm | S$509 psf |
| 5-Room | 60 | S$550,000recent | 122 sqm | S$419 psf |
Live now: 2 flats listed for sale at this block and 4 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 Oct 2025.
What rent and yield does Block 148 Simei St 1 get?
Flats at Block 148 Simei St 1 have recently sublet for a median of S$3,500/mo, an indicative gross rental yield of about 7.5% (from 24 recent rental contracts).
Median rent
S$3,500/mo
24 recent contracts
Gross rental yield
7.5%
indicative, gross
Annual rent
S$42,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 17 | S$3,500/mo |
| 4-Room | 22 | S$3,100/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 Apr 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 148 Simei St 1?
Block 148 Simei St 1 has 157 recorded resales; the most recent transacted at S$588,000 in Oct 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Oct 2025 | 4-Room | 07 TO 09 | 88 sqm | S$588,000 |
| Jun 2025 | 4-Room | 10 TO 12 | 103 sqm | S$662,500 |
| Apr 2025 | 4-Room | 01 TO 03 | 84 sqm | S$572,000 |
| Feb 2025 | 4-Room | 01 TO 03 | 84 sqm | S$560,000 |
| Jan 2025 | 5-Room | 01 TO 03 | 121 sqm | S$700,000 |
| Nov 2024 | 4-Room | 10 TO 12 | 84 sqm | S$571,888 |
| Aug 2024 | 5-Room | 04 TO 06 | 122 sqm | S$682,000 |
| Dec 2022 | 4-Room | 04 TO 06 | 84 sqm | S$460,000 |
| Jul 2022 | 4-Room | 07 TO 09 | 84 sqm | S$505,000 |
| Feb 2022 | 4-Room | 07 TO 09 | 84 sqm | S$440,000 |
| Feb 2022 | 4-Room | 10 TO 12 | 84 sqm | S$428,000 |
| Mar 2021 | 4-Room | 10 TO 12 | 103 sqm | S$455,000 |
What flat types are in Block 148 Simei St 1?
Block 148 Simei St 1 has 100 units, mostly 4-Room flats of the Simplified / Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 148 Simei St 1?
Block 148 Simei St 1 is an HDB block in Tampines.
Block 148 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 100 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 148 Simei St 1, Singapore 520148. 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 446m away, around 7 minutes on foot. Nearby amenities include Eastpoint Mall for shopping, SHAHUL HAMEED S/O ABDUSALAM for groceries, Jln Pelatok Pg for greenery and recreation, and Changi Simei Community Club for community facilities.
How far is Block 148 Simei St 1 from MRT and schools?
The nearest MRT/LRT to Block 148 Simei St 1 is Simei MRT, about 446 m away (~7 min walk). 6 schools are within 1 km, including 4 primary schools.
Getting around
- Simei MRT446 m · ~7 min
- Upper Changi MRT793 m · ~12 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 priority708 m
- Changkat Primary SchoolPrimary schoolwithin 1 km · P1 priority798 m
- Changkat Changi Secondary SchoolSecondary schoolwithin 1 km810 m
- Yumin Primary SchoolPrimary schoolwithin 1 km · P1 priority829 m
- Ngee Ann Secondary SchoolSecondary schoolwithin 1 km917 m
- East Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority955 m
- Pasir Ris Secondary SchoolSecondary school1.2 km
- East Spring Secondary SchoolSecondary school1.2 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 148 Simei St 1?
Buying a flat at Block 148 Simei St 1 (~S$560k) needs about S$4,464/mo in income and S$2,103/mo in repayments, after S$11,400 stamp duty and a S$140k downpayment.
Illustrative, for a buyer at the recent median resale price (S$560k) — 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$11,400
BSD, tiered
Downpayment (25%)
S$140k
cash + CPF
Monthly instalment
S$2,103/mo
25y @ 3.5%
Income required
S$4,464/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 148 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 148 Simei St 1 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 148 Simei St 1
How much does a 4-Room flat at Block 148 Simei St 1 cost?⌄
4-Room flats at Block 148 Simei St 1 have recently resold for a median of about S$560k (S$537 psf), from 157 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 148 Simei St 1 by flat type?⌄
4-Room ≈ S$460k; 5-Room ≈ S$550k (median resale, HDB caveats).
Is Block 148 Simei St 1 worth buying given its remaining lease?⌄
Block 148 Simei St 1 has about 62 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 148 Simei St 1?⌄
Gross rental yield at Block 148 Simei St 1 is about 7.5%, based on a median subletting rent of about S$3,500/mo against a resale price of about S$560k. 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 148 Simei St 1?⌄
For a flat at about S$560k on a 25-year HDB-style loan, you'd need roughly S$4,464/mo in household income, with repayments around S$2,103/mo after a S$140k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 148 Simei St 1?⌄
The nearest MRT/LRT station to Block 148 Simei St 1 is Simei MRT, about 446 m away (~7 min walk).
Which primary schools are within 1 km of Block 148 Simei St 1?⌄
Chongzheng Primary School, Changkat Primary School, Yumin Primary School, East Spring Primary School are within 1 km of Block 148 Simei St 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.