Block 162 Simei Rd
162 Simei Rd, Singapore 520162
Block 162 Simei Rd is an HDB block in Tampines, completed in 1988, with 80 dwelling units. Across 119 resales on record, 4-Room flats have recently resold around S$488k (S$422 psf, 104 sqm). The lease has approximately 62 years remaining.
What are the key facts about Block 162 Simei Rd?
Block 162 Simei Rd is an HDB block in Tampines, completed in 1988, with 80 dwelling units.
- Town
- Tampines
- Planning area
- Tampines
- Completed
- 1988
- Storeys
- 11
- Total units
- 80
- Flat model
- Model A · Improved
- Market segment
- OCR
- Median resale
- S$488k
- Last transacted
- Apr 2026
- Remaining lease
- ≈ 62 years
What are resale prices at Block 162 Simei Rd?
4-Room flats have recently resold around S$488k (S$422 psf), from 119 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 66 | S$470,000recent | 104 sqm | S$420 psf |
| 5-Room | 53 | S$550,000recent | 122 sqm | S$408 psf |
Live now: 1 flat listed for sale at this block — 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 Apr 2026.
What rent and yield does Block 162 Simei Rd get?
Flats at Block 162 Simei Rd have recently sublet for a median of S$3,300/mo, an indicative gross rental yield of about 8.1% (from 24 recent rental contracts).
Median rent
S$3,300/mo
24 recent contracts
Gross rental yield
8.1%
indicative, gross
Annual rent
S$39,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 15 | S$2,800/mo |
| 5-Room | 14 | S$3,300/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 162 Simei Rd?
Block 162 Simei Rd has 119 recorded resales; the most recent transacted at S$632,000 in Apr 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Apr 2026 | 4-Room | 01 TO 03 | 104 sqm | S$632,000 |
| Jul 2025 | 5-Room | 07 TO 09 | 120 sqm | S$788,000 |
| Jan 2024 | 4-Room | 04 TO 06 | 104 sqm | S$580,000 |
| Aug 2023 | 4-Room | 07 TO 09 | 104 sqm | S$600,000 |
| Nov 2022 | 5-Room | 04 TO 06 | 122 sqm | S$608,000 |
| Aug 2021 | 5-Room | 07 TO 09 | 129 sqm | S$580,000 |
| Aug 2021 | 4-Room | 10 TO 12 | 104 sqm | S$488,000 |
| Mar 2021 | 4-Room | 07 TO 09 | 104 sqm | S$472,000 |
| Jan 2021 | 4-Room | 10 TO 12 | 104 sqm | S$440,000 |
| Oct 2020 | 4-Room | 07 TO 09 | 104 sqm | S$470,000 |
| Jul 2019 | 4-Room | 01 TO 03 | 104 sqm | S$420,000 |
| Jan 2019 | 4-Room | 04 TO 06 | 104 sqm | S$420,000 |
What flat types are in Block 162 Simei Rd?
Block 162 Simei Rd has 80 units, mostly 4-Room flats of the Model A / Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 162 Simei Rd?
Block 162 Simei Rd is an HDB block in Tampines.
Block 162 Simei Rd is an HDB block located along Simei Rd. The block is recorded as completed around 1988, with up to 11 storeys. It has an estimated 80 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 162 Simei Rd, Singapore 520162. 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 Upper Changi MRT, approximately 474m away, around 7 minutes on foot. Nearby amenities include Eastpoint Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, Jln Pelatok Pg for greenery and recreation, and Changi Simei Community Club for community facilities.
How far is Block 162 Simei Rd from MRT and schools?
The nearest MRT/LRT to Block 162 Simei Rd is Upper Changi MRT, about 474 m away (~7 min walk). 1 school is within 1 km, including 1 primary school.
Getting around
- Upper Changi MRT474 m · ~7 min
- Simei MRT781 m · ~12 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- East Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority798 m
- Changkat Changi Secondary SchoolSecondary school1.0 km
- Ngee Ann Secondary SchoolSecondary school1.0 km
- Changkat Primary SchoolPrimary school1.1 km
- Chongzheng Primary SchoolPrimary school1.1 km
- East Spring Secondary SchoolSecondary school1.2 km
- Yumin Primary SchoolPrimary school1.2 km
- Temasek Junior CollegeMixed-level school1.4 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 162 Simei Rd?
Buying a flat at Block 162 Simei Rd (~S$488k) needs about S$3,890/mo in income and S$1,832/mo in repayments, after S$9,240 stamp duty and a S$122k downpayment.
Illustrative, for a buyer at the recent median resale price (S$488k) — 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$9,240
BSD, tiered
Downpayment (25%)
S$122k
cash + CPF
Monthly instalment
S$1,832/mo
25y @ 3.5%
Income required
S$3,890/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 162 Simei Rd? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 162 Simei Rd land close to the town median — fair value, no big premium.
Frequently asked questions about Block 162 Simei Rd
How much does a 4-Room flat at Block 162 Simei Rd cost?⌄
4-Room flats at Block 162 Simei Rd have recently resold for a median of about S$488k (S$422 psf), from 119 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 162 Simei Rd by flat type?⌄
4-Room ≈ S$470k; 5-Room ≈ S$550k (median resale, HDB caveats).
Is Block 162 Simei Rd worth buying given its remaining lease?⌄
Block 162 Simei Rd has about 62 years left on its 99-year lease (completed 1988). 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 162 Simei Rd?⌄
Gross rental yield at Block 162 Simei Rd is about 8.1%, based on a median subletting rent of about S$3,300/mo against a resale price of about S$488k. 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 162 Simei Rd?⌄
For a flat at about S$488k on a 25-year HDB-style loan, you'd need roughly S$3,890/mo in household income, with repayments around S$1,832/mo after a S$122k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 162 Simei Rd?⌄
The nearest MRT/LRT station to Block 162 Simei Rd is Upper Changi MRT, about 474 m away (~7 min walk).
Which primary schools are within 1 km of Block 162 Simei Rd?⌄
East Spring Primary School is within 1 km of Block 162 Simei Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.