Simei Street 4, Simei, East Region, Singapore
$13,000,000






















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Total Transactions
138
Average Price
S1.5M
Total Value
S207.1M
Calculating fair value from URA transaction data…


License: L3009250K
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Automated Valuation based on 25 HDB resale transactions (data.gov.sg)
Fair Value
S$173,748
S$869 psf
Asking Price
S$13.00M
S$65,000 psf
vs Market
+7382.1%
vs Last Done
+8363.5%
Tenure
85 yrs
99-year Leasehold · Balance remaining
Confidence
High
25 comps
Nearest MRT
Simei
457m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
25 comparable transactions
S$788
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$869
Recent Comparable Transactions
10 shown · 25 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 299A TAMPINES ST 22 Floor 07 TO 09 | 484sqft | S$372,000 | ▼S$768 -11.6% vs FV | 99yr from 2012 |
Feb 2025 | Blk 299A TAMPINES ST 22 Floor 07 TO 09 | 484sqft | S$372,000 | ▼S$768 -11.6% vs FV | 99yr from 2012 |
Sep 2024 | Blk 299A TAMPINES ST 22 Floor 10 TO 12 | 484sqft | S$373,000 | ▼S$770 -11.4% vs FV | 99yr from 2012 |
Jul 2024 | Blk 299A TAMPINES ST 22 Floor 07 TO 09 | 484sqft | S$365,000 | ▼S$754 -13.2% vs FV | 99yr from 2012 |
May 2024 | Blk 299A TAMPINES ST 22 Floor 07 TO 09 | 484sqft | S$355,000 | ▼S$733 -15.7% vs FV | 99yr from 2012 |
Mar 2026 | Blk 499A TAMPINES AVE 9 Floor 10 TO 12 | 495sqft | S$422,888 | ▼S$854 -1.7% vs FV | 99yr from 2014 |
Mar 2026 | Blk 499A TAMPINES AVE 9 Floor 10 TO 12 | 495sqft | S$405,000 | ▼S$818 -5.9% vs FV | 99yr from 2014 |
Dec 2025 | Blk 522A TAMPINES CTRL 7 Floor 16 TO 18 | 506sqft | S$465,000 | ▲S$919 +5.8% vs FV | 99yr from 2015 |
Dec 2025 | Blk 522A TAMPINES CTRL 7 Floor 04 TO 06 | 506sqft | S$430,000 | ▼S$850 -2.2% vs FV | 99yr from 2015 |
Oct 2025 | Blk 522A TAMPINES CTRL 7 Floor 04 TO 06 | 506sqft | S$425,000 | ▼S$840 -3.3% vs FV | 99yr from 2015 |
Aug 2025 | Blk 499A TAMPINES AVE 9 Floor 07 TO 09 | 495sqft | S$392,000 | ▼S$792 -8.9% vs FV | 99yr from 2014 |
Blk 299A TAMPINES ST 22
Feb 2025 · Floor 07 TO 09
-11.6% vs FV
Blk 299A TAMPINES ST 22
Feb 2025 · Floor 07 TO 09
-11.6% vs FV
Blk 299A TAMPINES ST 22
Sep 2024 · Floor 10 TO 12
-11.4% vs FV
Blk 299A TAMPINES ST 22
Jul 2024 · Floor 07 TO 09
-13.2% vs FV
Blk 299A TAMPINES ST 22
May 2024 · Floor 07 TO 09
-15.7% vs FV
Blk 499A TAMPINES AVE 9
Mar 2026 · Floor 10 TO 12
-1.7% vs FV
Blk 499A TAMPINES AVE 9
Mar 2026 · Floor 10 TO 12
-5.9% vs FV
Blk 522A TAMPINES CTRL 7
Dec 2025 · Floor 16 TO 18
+5.8% vs FV
Blk 522A TAMPINES CTRL 7
Dec 2025 · Floor 04 TO 06
-2.2% vs FV
Blk 522A TAMPINES CTRL 7
Oct 2025 · Floor 04 TO 06
-3.3% vs FV
Blk 499A TAMPINES AVE 9
Aug 2025 · Floor 07 TO 09
-8.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 2 Room unit in Tampines, with a remaining lease of 85 years, has been estimated at $173,748, translating to a price per square foot (PSF) of $869. This valuation positions the property significantly above the market average, reflecting a remarkable 7382.1% difference from the baseline. The high valuation is supported by robust market activity, as evidenced by 25 recent resale transactions in the vicinity, showcasing a strong demand for HDB properties in this popular district.
With a remaining lease of 85 years, this unit benefits from ample tenure, which is increasingly attractive to both investors and homebuyers. In a competitive property landscape, such long lease durations are pivotal in enhancing perceived value. The high model confidence rating indicates a strong alignment with market trends, further reinforcing the belief that the demand for HDB units in Tampines is likely to continue its upward trajectory. Factors contributing to this phenomenon include the area's strategic location, comprehensive amenities, and accessibility, which collectively enhance the desirability of residential properties in this thriving enclave.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.