How much is a flat at Blk 162 Simei Rd worth?

4 Room: $632,000 median (1 sale in the last 12 months). 5 Room: $608,000 median (3 recorded sales, none in the last 12 months). Medians are quoted per flat type, because a 3-room and a 5-room at the same block are different markets.

What flat types are available at Blk 162 Simei Rd?

Blk 162 Simei Rd has 4 Room, 5 Room flats across 80 units. The lease started in 1989 and has about 62 years left of its 99.

What was the most recent sale at Blk 162 Simei Rd?

A 4 Room flat, storeys 01 to 03 sold for $632,000 in Apr 2026.

What is the price per square foot at Blk 162 Simei Rd?

4 Room flats have a median of $565 psf, based on 1 sale in the last 12 months.

How often do flats come up for sale at Blk 162 Simei Rd?

1 flat changed hands in the last 12 months, about 1.3% of the 80 units in the block. 7 sales are recorded here since Aug 2021.

Blk 162 Simei Rd

Tampines5201624 ROOM5 ROOMLease balance: 62 yrs (from 1989)

1 sale in the last 12 months · ~1.3% of 80 units

Sales, last 12 months

7 recorded since Aug 2021

Median price

$632K

4 Room · 1 sale · last 12 months

Median PSF

$565

4 Room · 1 sale · last 12 months

Price range

$632K – $632K

4 Room · 1 sale · last 12 months

Latest sale

$632,000

Apr 2026 · 4 Room · #01-03

Can you use CPF for this flat?

62 years left on the 99, from 1989.

The lease covers you to 95. Full CPF use.

Youngest buyer's age35

Price$632K

CPF OA balance$150K

CPF you can use

the lease covers you to 95, so the only limit is your balance

$126,400

Maximum bank loan

75% of the price, over 25 years

$474,000

Cash you need

at least $31,600 of any purchase must be cash

$31,600

Monthly instalment

25 years at 3.5%

$2,373

CPF 20% Loan 75% Cash 5%

Indicative. Excludes stamp duty, legal fees and CPF accrued interest. Confirm with HDB and your banker. Rules as at 2026-09-17.

Market Insights

Supply

1 unit

1 agent listing

Asking vs sold

+2.5%

$648K ask · $632K sold

4 Room · 1 sold, 1 asking

Price trend

6 months, 1 sale

12 months: -19.8% (1)

Turnover

1.3%

1 of 80 units, 12 months

What is my flat worth here?

Resale Price Trend

One flat type at a time, so a single larger sale cannot look like a price jump

Median price per month, 4 Room only, 4 sales

Check your valuation today

Recent Resale Transactions

7 recorded · 1 in the last 12 months • Page 1 of 1

Date	Flat Type	Storey	Area	Price	PSF
2026-04	4 ROOM	01 TO 03	1,119 sqft	$632,000	$565
2025-07	5 ROOM	07 TO 09	1,292 sqft	$788,000	$610
2024-01	4 ROOM	04 TO 06	1,119 sqft	$580,000	$518
2023-08	4 ROOM	07 TO 09	1,119 sqft	$600,000	$536
2022-11	5 ROOM	04 TO 06	1,313 sqft	$608,000	$463
2021-08	4 ROOM	10 TO 12	1,119 sqft	$488,000	$436
2021-08	5 ROOM	07 TO 09	1,389 sqft	$580,000	$418