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Prices · Tampines · D05 Pasir Panjang

Block 147 Simei Street 2

Compare this block with another

Median, past 12 months
$1,100,000
$664 psf
Lease remaining
61 years
lease began 1988, runs to 2087
Postal code
119147
worked out, not published

What this block is

AddressBlock 147 Simei Street 2, Tampines, Singapore 119147
Flat types hereExecutive — on the evidence of eight sales since July 2017, so a type that has never been resold here will not appear
Unit sizesExecutive about 1,572 sq ft
Lease99 years from 1988, expiring 2087 — 61 years left
Floors that have sold1 to 3, so the block stands at least 3 storeys
Flat modelsMaisonette
Town and districtTampines, district 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town)
Compare it withExecutive flats across Tampines

Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.

What a flat here really costs each month

Bought at the median price, a flat in this block works out at $2,382 for every month of the 61 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.

It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.

Cash needed up front$306,500
Mortgage interest over 25 years$348,673
Running costs over the remaining lease$263,520
Total over the lease$1,743,693
Monthly while repaying$4,272
Monthly once repaid$360

Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.

The median above is based on a single sale, so treat it as an anecdote rather than a rate.

By flat type

TypeMedianRangeSizepsfSales
Executive$719,000$680,000–$1,100,0001,572 sq ft4578

Year by year

2017$740,000471 psfone sale
2018$720,000458 psfone sale
2020$715,000433 psfthree sales
2021$705,000449 psfone sale
2025$965,000614 psfone sale
2026$1,100,000664 psfone sale

eight transactions in all, from July 2017 to March 2026. The flat models recorded here are Maisonette.