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












Big and bright house fully furnished, ### **Melville Park Condominium (Pasir Ris/Tampines, District 18)** **Location**: Simei Street 1, Postal Codes 529940–529948 . **Developer**: Melville Park Development Pte Ltd (formerly First Capital Corporation) . **Completion Year**: 1996 . **Tenure**: 99-year leasehold (from 1992) . #### **Key Features** 1. **Units & Layouts**: - **1,232 units** across 9 blocks (11 storeys each) . - Unit types: - **2-bedroom**: 936–1,152 sqft . - **3-bedroom**: 1,044–1,561 sqft . - Sale price range: **S$900,000–S$1.47M**; rental range: **S$750–S$4,888/month** . 2. **Facilities**: - Swimming pool, gym, tennis courts, BBQ areas, 24-hour security, and a clubhouse . - Covered parking and playgrounds . 3. **Accessibility**: - **Nearest MRT**: Simei MRT (10-min walk) and Tampines East MRT (0.86km) . - **Bus stops**: Nearby routes include services to Upper Changi and Tampines . - **Driving**: 20–25 minutes to Orchard Road via PIE . 4. **Nearby Amenities**: - **Schools**: East Spring Primary, Chongzheng Primary, Ngee Ann Secondary . - **Malls**: Eastpoint Mall (0.96km), Tampines Mall (1.56km) . - **Dining**: Old Chang Kee, Ming Kitchen Seafood . - **Medical**: Simei Medical Centre, Hong Family Clinic .
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 226 URA transactions
Fair Value
S$292,698
S$306 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
226 comps
Nearest MRT
Simei
807m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
226 comparable transactions
S$893
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
0%
Adjusted Fair Value PSF
S$306
Recent Comparable Transactions
10 shown · 226 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 +222.2% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | SIMEI STREET 1 Floor 11-15 | 1,044sqft | S$1,030,000 | ▲S$986 +222.2% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | SIMEI STREET 1 Floor 01-05 | 958sqft | S$880,000 | ▲S$919 +200.3% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 06-10 | 958sqft | S$940,000 | ▲S$981 +220.6% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 06-10 | 936sqft | S$888,000 | ▲S$948 +209.8% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 06-10 | 1,399sqft | S$1,245,888 | ▲S$890 +190.8% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | SIMEI STREET 1 Floor 11-15 | 1,302sqft | S$1,300,000 | ▲S$998 +226.1% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 01-05 | 1,302sqft | S$1,270,000 | ▲S$975 +218.6% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 06-10 | 958sqft | S$1,035,000 | ▲S$1,080 +252.9% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 06-10 | 936sqft | S$900,000 | ▲S$961 +214.1% vs FV | 99 yrs lease commencing from 1992 |
Jun 2025 | SIMEI STREET 1 Floor 06-10 | 1,346sqft | S$1,280,000 | ▲S$951 +210.8% vs FV | 99 yrs lease commencing from 1992 |
SIMEI STREET 1
Aug 2025 · Floor 11-15
+222.2% vs FV
SIMEI STREET 1
Aug 2025 · Floor 11-15
+222.2% vs FV
SIMEI STREET 1
Aug 2025 · Floor 01-05
+200.3% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+220.6% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+209.8% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+190.8% vs FV
SIMEI STREET 1
Jul 2025 · Floor 11-15
+226.1% vs FV
SIMEI STREET 1
Jun 2025 · Floor 01-05
+218.6% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+252.9% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+214.1% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+210.8% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.