HomeBuyAll2RMD14 - Eunos / Geylang / Paya Lebar2 Bed Condo for Sale in Simsville

2 Bed Condo for Sale in Simsville

8 Geylang East Avenue 1 389780, Aljunied, Central Region, Singapore

$1,430,000

Added 25 days ago
Beds: 2Baths: 2Area: 969 sqft
Above Market· 137.8% above market
Property image 1
Property image 2
Property image 3
Property image 4
Property image 5
Property image 6
Property image 7
Property image 8
Property image 9

IMAGES GALLERY

Property Details

Property IDiiPSxBHt5Wdum2NrhAUfdo
PriceS$1,430,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area969 sqft
PSF
S$1,476
Year Built1998
Furnished StatusUnfurnished

Description

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

Location

8 Geylang East Avenue 1 389780, Aljunied, Central Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

55

Average Price

S1.4M

Total Value

S77.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 563 URA transactions

Fair Value

S$601,241

S$620 psf

Asking Price

S$1.43M

S$1,476 psf

vs Market

+137.8%

Above Market

vs Last Done

+17.1%

Above Market

Tenure

71 yrs

99-year Leasehold · Balance remaining

Confidence

High

563 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

563 comparable transactions

S$1,633

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$620

Recent Comparable Transactions

10 shown · 563 total
Last Done

LORONG 33 GEYLANG

Aug 2025 · Floor 01-05

S$1,260 psf

+103.2% vs FV

936 sqftS$1,180,000Freehold

LORONG 33 GEYLANG

Aug 2025 · Floor 01-05

S$1,260 psf

+103.2% vs FV

936 sqftS$1,180,000Freehold

GEYLANG EAST AVENUE 1

Aug 2025 · Floor 11-15

S$1,900 psf

+206.5% vs FV

947 sqftS$1,800,00099 yrs lease commencing from 2014

PAYA LEBAR ROAD

Aug 2025 · Floor 16-20

S$2,188 psf

+252.9% vs FV

484 sqftS$1,060,00099 yrs lease commencing from 2015

LORONG 36 GEYLANG

Jul 2025 · Floor 06-10

S$1,308 psf

+111.0% vs FV

1,023 sqftS$1,338,000Freehold

LORONG 32 GEYLANG

Jul 2025 · Floor 01-05

S$1,589 psf

+156.3% vs FV

409 sqftS$650,000Freehold

LORONG 39 GEYLANG

Jul 2025 · Floor 06-10

S$1,619 psf

+161.1% vs FV

549 sqftS$888,888Freehold

LORONG 35 GEYLANG

Jul 2025 · Floor 01-05

S$1,659 psf

+167.6% vs FV

452 sqftS$750,000Freehold

LORONG 36 GEYLANG

Jul 2025 · Floor 06-10

S$1,370 psf

+121.0% vs FV

861 sqftS$1,180,000Freehold

GEYLANG EAST AVENUE 1

Jul 2025 · Floor 11-15

S$1,939 psf

+212.7% vs FV

947 sqftS$1,836,88899 yrs lease commencing from 2014

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

S$2,057 psf

+231.8% vs FV

904 sqftS$1,860,00099 yrs lease commencing from 2015
Below Fair Value
Above Fair Value
FV: S$620 psf

HELIOS AI Analysis

Based on 563 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.

Jos Chang 张仪楠

Jos Chang 张仪楠

SRI PTE. LTD.

License: L3010738A

Similar Properties