HomeRentCondo Whole Unit2RMD14 - Eunos / Geylang / Paya LebarSimsville2 Bed Condo for Rent in Simsville

2 Bed Condo for Rent in Simsville

2 Geylang East Avenue 2 389754, Aljunied, Central Region, Singapore

$4,000 /month

Added 4 months ago
Beds: 2Baths: 2Area: 980 sqft
Market Price· Fairly priced
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Property Details

Property IDgN7XwdmaM8yRWHWqRUF6WU
PriceS$4,000
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths2
Built Area980 sqft
PSF
S$5
Year Built1998
Furnished StatusFully furnished

Description

Development Information

District & Area

D14 - Geylang

Nearest MRT

Paya Lebar MRT · 6 min walk

Tenure

99 years

TOP Date

1 January 1998

Project Size

Medium (522 units)

522 units

Building Structure

6 Blocks, 16 Floors

Developer

Sims Place Realty Ltd (Dbs Land)

Unit Configuration
Bedroom Types2, 3 Bedroom
Floor Plan Details

Simsville has a total of 522 units, from 2 Bed - 2 Bath to 3 Bed - 2 Bath units. There are 7 types of floor plans from 969 sqft to 1,528 sqft.

Site Plan

Simsville has 6 blocks and up to 16 storeys.

Development Facilities
BBQClubhouseFitness CornerGymJacuzziParkingPlaygroundSecuritySwimming PoolTennis CourtWading Pool
About This Development

Simsville is a 99 years leasehold Generic Condo development located in Geylang, District 14. Completed in 1998, it has a total of 6 blocks within the development and comprises a total of 522 units. It is within walking distance to MRT stations such as Paya Lebar MRT and Paya Lebar MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Simsville is also close to schools like Arts In Motion Pte Ltd, Theosophical Society Singapore Lodge The and Tuition Singapore - ManyTutors Home Tuition. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Sheng Siong Supermarket and FairPrice Geylang Lorong for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dr Anthony Tay. Winlink E-Hub is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Geylang East Grove Community Garden, to enjoy some fresh air.

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Features & Amenities
Security
Bbq
Gym
Jacuzzi
Playground
Wading pool
Fitness corner
Tennis court
Parking
Clubhouse
Swimming pool

Location

2 Geylang East Avenue 2 389754, Aljunied, Central Region, Singapore

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Total Transactions

55

Average Price

S1.4M

Total Value

S77.0M

Sales Timeline

Property Value Estimate

Estimated sale value based on 36 URA transactions

Fair Value

S$488,884

S$499 psf

Asking Price

S$4,000

S$5 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

71 yrs

99-year Leasehold · Balance remaining

Confidence

High

36 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Paya Lebar

422m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

36 comparable transactions

S$1,313

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.369

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$499

Recent Comparable Transactions

10 shown · 36 total
Last Done

GEYLANG EAST AVENUE 2

Jul 2025 · Floor 11-15

S$1,429 psf

+186.4% vs FV

980 sqftS$1,400,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jul 2025 · Floor 11-15

S$1,429 psf

+186.4% vs FV

980 sqftS$1,400,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jan 2025 · Floor 06-10

S$1,402 psf

+181.0% vs FV

1,238 sqftS$1,735,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Dec 2024 · Floor 06-10

S$1,454 psf

+191.4% vs FV

1,238 sqftS$1,800,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Nov 2024 · Floor 06-10

S$1,374 psf

+175.4% vs FV

1,528 sqftS$2,100,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Oct 2024 · Floor 16-20

S$1,417 psf

+184.0% vs FV

980 sqftS$1,388,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Sep 2024 · Floor 06-10

S$1,330 psf

+166.5% vs FV

969 sqftS$1,288,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Aug 2024 · Floor 06-10

S$1,402 psf

+181.0% vs FV

1,249 sqftS$1,750,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jul 2024 · Floor 06-10

S$1,361 psf

+172.7% vs FV

1,249 sqftS$1,700,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jul 2024 · Floor 01-05

S$1,302 psf

+160.9% vs FV

980 sqftS$1,275,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jun 2024 · Floor 06-10

S$1,352 psf

+170.9% vs FV

1,249 sqftS$1,688,00099 yrs lease commencing from 1994
Below Fair Value
Above Fair Value
FV: S$499 psf

HELIOS AI Analysis

Based on 36 URA transactions (0 outliers removed), adjusted for: Tenure decay (63.1% discount); MRT Paya Lebar 422m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

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