Block 243 Simei St 5
243 Simei St 5, Singapore 520243
Block 243 Simei St 5 is an HDB block in Tampines, completed in 1995, with 92 dwelling units. Across 86 resales on record, 5-Room flats have recently resold around S$678k (S$526 psf, 105 sqm). The lease has approximately 70 years remaining.
What are the key facts about Block 243 Simei St 5?
Block 243 Simei St 5 is an HDB block in Tampines, completed in 1995, with 92 dwelling units.
- Town
- Tampines
- Planning area
- Tampines
- Completed
- 1995
- Storeys
- 11
- Total units
- 92
- Flat model
- Model A · Improved
- Market segment
- OCR
- Median resale
- S$678k
- Last transacted
- May 2026
- Remaining lease
- ≈ 70 years
What are resale prices at Block 243 Simei St 5?
5-Room flats have recently resold around S$678k (S$526 psf), from 86 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 47 | S$515,000recent | 105 sqm | S$456 psf |
| 5-Room | 39 | S$655,000recent | 124 sqm | S$499 psf |
Live now: 0 flats listed for sale at this block and 2 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 May 2026.
What rent and yield does Block 243 Simei St 5 get?
Flats at Block 243 Simei St 5 have recently sublet for a median of S$3,000/mo, an indicative gross rental yield of about 5.3% (from 20 recent rental contracts).
Median rent
S$3,000/mo
20 recent contracts
Gross rental yield
5.3%
indicative, gross
Annual rent
S$36,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 12 | S$3,000/mo |
| 4-Room | 8 | 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 Apr 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 243 Simei St 5?
Block 243 Simei St 5 has 86 recorded resales; the most recent transacted at S$860,000 in May 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| May 2026 | 5-Room | 07 TO 09 | 121 sqm | S$860,000 |
| Mar 2026 | 4-Room | 01 TO 03 | 105 sqm | S$751,000 |
| Jul 2025 | 5-Room | 04 TO 06 | 124 sqm | S$882,000 |
| Jun 2025 | 4-Room | 04 TO 06 | 105 sqm | S$735,000 |
| Sept 2024 | 4-Room | 07 TO 09 | 105 sqm | S$738,000 |
| Sept 2024 | 4-Room | 04 TO 06 | 105 sqm | S$695,000 |
| Dec 2022 | 4-Room | 04 TO 06 | 105 sqm | S$595,000 |
| Jul 2020 | 5-Room | 01 TO 03 | 122 sqm | S$550,000 |
| Sept 2017 | 4-Room | 04 TO 06 | 105 sqm | S$505,000 |
| Jun 2017 | 5-Room | 01 TO 03 | 124 sqm | S$585,000 |
| May 2017 | 5-Room | 07 TO 09 | 124 sqm | S$678,000 |
| Sept 2016 | 5-Room | 04 TO 06 | 124 sqm | S$630,000 |
What flat types are in Block 243 Simei St 5?
Block 243 Simei St 5 has 92 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 243 Simei St 5?
Block 243 Simei St 5 is an HDB block in Tampines.
Block 243 Simei St 5 is an HDB block located along Simei St 5. The block is recorded as completed around 1995, with up to 11 storeys. It has an estimated 92 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 243 Simei St 5, Singapore 520243. 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 216m away, around 3 minutes on foot. Nearby amenities include Eastpoint Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, Harvey Crescent Pg for greenery and recreation, and Changi Simei Community Club for community facilities.
How far is Block 243 Simei St 5 from MRT and schools?
The nearest MRT/LRT to Block 243 Simei St 5 is Simei MRT, about 216 m away (~3 min walk). 4 schools are within 1 km, including 3 primary schools.
Getting around
- Simei MRT216 m · ~3 min
- Upper Changi MRT743 m · ~12 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Changkat Primary SchoolPrimary schoolwithin 1 km · P1 priority538 m
- Changkat Changi Secondary SchoolSecondary schoolwithin 1 km539 m
- Chongzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority859 m
- Yumin Primary SchoolPrimary schoolwithin 1 km · P1 priority969 m
- Ngee Ann Secondary SchoolSecondary school1.2 km
- East Spring Primary SchoolPrimary school1.2 km
- Pasir Ris Secondary SchoolSecondary school1.3 km
- Tampines Secondary SchoolSecondary school1.3 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 243 Simei St 5?
Buying a flat at Block 243 Simei St 5 (~S$678k) needs about S$5,405/mo in income and S$2,546/mo in repayments, after S$14,940 stamp duty and a S$170k downpayment.
Illustrative, for a buyer at the recent median resale price (S$678k) — 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$14,940
BSD, tiered
Downpayment (25%)
S$170k
cash + CPF
Monthly instalment
S$2,546/mo
25y @ 3.5%
Income required
S$5,405/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 243 Simei St 5? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 243 Simei St 5 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 243 Simei St 5
How much does a 5-Room flat at Block 243 Simei St 5 cost?⌄
5-Room flats at Block 243 Simei St 5 have recently resold for a median of about S$678k (S$526 psf), from 86 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 243 Simei St 5 by flat type?⌄
4-Room ≈ S$515k; 5-Room ≈ S$655k (median resale, HDB caveats).
Is Block 243 Simei St 5 worth buying given its remaining lease?⌄
Block 243 Simei St 5 has about 70 years left on its 99-year lease (completed 1995). 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 243 Simei St 5?⌄
Gross rental yield at Block 243 Simei St 5 is about 5.3%, based on a median subletting rent of about S$3,000/mo against a resale price of about S$678k. 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 243 Simei St 5?⌄
For a flat at about S$678k on a 25-year HDB-style loan, you'd need roughly S$5,405/mo in household income, with repayments around S$2,546/mo after a S$170k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 243 Simei St 5?⌄
The nearest MRT/LRT station to Block 243 Simei St 5 is Simei MRT, about 216 m away (~3 min walk).
Which primary schools are within 1 km of Block 243 Simei St 5?⌄
Changkat Primary School, Chongzheng Primary School, Yumin Primary School are within 1 km of Block 243 Simei St 5 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.