12 Simei Street 1 529940, Simei, East Region, Singapore
$3,800 /month







For Rent! 2 beds & 2 baths New aircon, new washing machine New kitchen. Biggest 2 bedrooms in Melville Park 990sqft, fully furnished Awesome brand new kitchen Available 1st week december Very nice landlord, all races Last offer $3600 Viewing please call 8113XXXX Melville Park is a leasehold apartment development that is located at Simei Street in District 18. It is an apartment project that was completed a while back. The project was completed in 1996 with a total of 1232 units available for sale or rent. The apartment development is located close to public transportation that allows residents to move easily from one place to another from the apartment. There are many shops and amenities close to the apartment development which would ease the process for residents and they do not need to go far to find what they need. The project was developed by Melville Park Development Pte Ltd. Melville Park - Unique Selling Point Melville Park is a beautiful apartment development that has many charms to it. There are various facilities that residents can enjoy while living in Melville Park. Residents of Melville Park would not have to travel far to get their basic necessities as everything is close within their reach. Residents can enjoy the barbeque area, clubhouse, gymnasium room, sauna, swimming pool, wading pool, function room, playground and tennis courts. The apartment comes equipped with covered car parks and 24 hours security system that ensures the safety of its residents at all times.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 223 URA transactions
Fair Value
S$308,819
S$312 psf
Asking Price
S$3,800
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
69 yrs
99-year Leasehold · Balance remaining
Confidence
High
223 comps
Nearest MRT
Simei
807m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
223 comparable transactions
S$894
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.339
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
+2%
Adjusted Fair Value PSF
S$312
Recent Comparable Transactions
10 shown · 223 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | SIMEI STREET 1 Floor 11-15 | 1,044sqft | S$1,030,000 | ▲S$986 +216.0% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | SIMEI STREET 1 Floor 11-15 | 1,044sqft | S$1,030,000 | ▲S$986 +216.0% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | SIMEI STREET 1 Floor 01-05 | 958sqft | S$880,000 | ▲S$919 +194.6% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 06-10 | 958sqft | S$940,000 | ▲S$981 +214.4% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 06-10 | 936sqft | S$888,000 | ▲S$948 +203.8% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 06-10 | 1,399sqft | S$1,245,888 | ▲S$890 +185.3% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 11-15 | 1,302sqft | S$1,300,000 | ▲S$998 +219.9% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 01-05 | 1,302sqft | S$1,270,000 | ▲S$975 +212.5% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 06-10 | 958sqft | S$1,035,000 | ▲S$1,080 +246.2% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 06-10 | 936sqft | S$900,000 | ▲S$961 +208.0% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 06-10 | 1,346sqft | S$1,280,000 | ▲S$951 +204.8% vs FV | 99 yrs lease commencing from 1992 |
SIMEI STREET 1
Aug 2025 · Floor 11-15
+216.0% vs FV
SIMEI STREET 1
Aug 2025 · Floor 11-15
+216.0% vs FV
SIMEI STREET 1
Aug 2025 · Floor 01-05
+194.6% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+214.4% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+203.8% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+185.3% vs FV
SIMEI STREET 1
Jul 2025 · Floor 11-15
+219.9% vs FV
SIMEI STREET 1
Jun 2025 · Floor 01-05
+212.5% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+246.2% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+208.0% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+204.8% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.