HDBOCRTampines

Block 244 Simei St 5

244 Simei St 5, Singapore 520244

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2025 (HDB)
Quick Summary

Block 244 Simei St 5 is an HDB block in Tampines, completed in 1995, with 98 dwelling units. Across 98 resales on record, 5-Room flats have recently resold around S$639k (S$499 psf, 119 sqm). The lease has approximately 70 years remaining.

1

What are the key facts about Block 244 Simei St 5?

Key Takeaway

Block 244 Simei St 5 is an HDB block in Tampines, completed in 1995, with 98 dwelling units.

Town
Tampines
Planning area
Tampines
Completed
1995
Storeys
11
Total units
98
Flat model
Improved · Model A
Market segment
OCR
Median resale
S$639k
Last transacted
Dec 2025
Remaining lease
≈ 70 years
2

What are resale prices at Block 244 Simei St 5?

Key Takeaway

5-Room flats have recently resold around S$639k (S$499 psf), from 98 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
4-Room30S$362,000recent104 sqmS$320 psf
5-Room68S$638,888recent122 sqmS$484 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 Dec 2025.

3

What rent and yield does Block 244 Simei St 5 get?

Key Takeaway

Flats at Block 244 Simei St 5 have recently sublet for a median of S$3,700/mo, an indicative gross rental yield of about 6.9% (from 24 recent rental contracts).

Median rent

S$3,700/mo

24 recent contracts

Gross rental yield

6.9%

indicative, gross

Annual rent

S$44,400

median × 12 months

Flat typeContractsMedian rent
4-Room19S$3,300/mo
5-Room15S$3,800/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.

4

What has recently sold at Block 244 Simei St 5?

Key Takeaway

Block 244 Simei St 5 has 98 recorded resales; the most recent transacted at S$770,000 in Dec 2025 (HDB caveat data).

DateFlat typeStoreySizePrice
Dec 20254-Room10 TO 12104 sqmS$770,000
Jun 20235-Room01 TO 03124 sqmS$761,000
Apr 20235-Room10 TO 12122 sqmS$833,000
Jan 20235-Room04 TO 06124 sqmS$800,000
Nov 20225-Room10 TO 12119 sqmS$815,000
Oct 20185-Room07 TO 09119 sqmS$680,000
Feb 20185-Room07 TO 09119 sqmS$620,000
Dec 20175-Room01 TO 03119 sqmS$605,000
Jul 20174-Room01 TO 03105 sqmS$483,000
May 20175-Room01 TO 03124 sqmS$609,888
Mar 20174-Room04 TO 06104 sqmS$503,000
Feb 20175-Room07 TO 09119 sqmS$638,888
5

What flat types are in Block 244 Simei St 5?

Key Takeaway

Block 244 Simei St 5 has 98 units, mostly 5-Room flats of the Improved / Model A model.

Unit stock by flat type, from the HDB property information dataset.

5-Room: 584-Room: 40
6

Where is Block 244 Simei St 5?

Key Takeaway

Block 244 Simei St 5 is an HDB block in Tampines.

Block 244 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 98 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 244 Simei St 5, Singapore 520244. 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 143m away, around 2 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.

7

How far is Block 244 Simei St 5 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 244 Simei St 5 is Simei MRT, about 143 m away (~2 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Changkat Primary SchoolPrimary schoolwithin 1 km · P1 priority481 m
  • Changkat Changi Secondary SchoolSecondary schoolwithin 1 km499 m
  • Chongzheng Primary SchoolPrimary schoolwithin 1 km · P1 priority841 m
  • Yumin Primary SchoolPrimary schoolwithin 1 km · P1 priority945 m
  • Ngee Ann Secondary SchoolSecondary school1.2 km
  • East Spring Primary SchoolPrimary school1.3 km
  • Tampines Secondary SchoolSecondary school1.3 km
  • Pasir Ris Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Eastpoint Mall · 205 mSupermarket: NTUC Fairprice Co-operative Ltd · 205 mPark: Harvey Crescent Pg · 359 m

Straight-line distances from the block. Source: PropKaki amenities data.

8

What does it cost to buy a flat at Block 244 Simei St 5?

Key Takeaway

Buying a flat at Block 244 Simei St 5 (~S$639k) needs about S$5,093/mo in income and S$2,399/mo in repayments, after S$13,767 stamp duty and a S$160k downpayment.

Illustrative, for a buyer at the recent median resale price (S$639k) — 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$13,767

BSD, tiered

Downpayment (25%)

S$160k

cash + CPF

Monthly instalment

S$2,399/mo

25y @ 3.5%

Income required

S$5,093/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? →

Keep going in the PropKaki app

Eyeing Block 244 Simei St 5? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 244 Simei St 5 sold for recently?

Recent sales at Block 244 Simei St 5 land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 244 Simei St 5

How much does a 5-Room flat at Block 244 Simei St 5 cost?

5-Room flats at Block 244 Simei St 5 have recently resold for a median of about S$639k (S$499 psf), from 98 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 244 Simei St 5 by flat type?

4-Room ≈ S$362k; 5-Room ≈ S$639k (median resale, HDB caveats).

Is Block 244 Simei St 5 worth buying given its remaining lease?

Block 244 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 244 Simei St 5?

Gross rental yield at Block 244 Simei St 5 is about 6.9%, based on a median subletting rent of about S$3,700/mo against a resale price of about S$639k. 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 244 Simei St 5?

For a flat at about S$639k on a 25-year HDB-style loan, you'd need roughly S$5,093/mo in household income, with repayments around S$2,399/mo after a S$160k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 244 Simei St 5?

The nearest MRT/LRT station to Block 244 Simei St 5 is Simei MRT, about 143 m away (~2 min walk).

Which primary schools are within 1 km of Block 244 Simei St 5?

Changkat Primary School, Chongzheng Primary School, Yumin Primary School are within 1 km of Block 244 Simei St 5 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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