Home Buy Condominium Apartment 3RM D18 - Pasir Ris / Tampines3 Bed Apartment (Condo) for Sale in Melville Park

3 Bed Apartment (Condo) for Sale in Melville Park

18 Simei Street 1 529943, Simei, East Region, Singapore

$1,250,000

Added a month ago

ApartmentFor sale

Beds: 3Baths: 3Area: 1206 sqft

Above Market· 177.9% above market

+4View all

Nearest MRT Station

Tampines

East-West Line EW2

walk•

Property Details

Property IDRUsBJhbj8trkzDwWtKafsL

PriceS$1,250,000

Property TypeApartment

StatusFor sale

Beds3

Baths3

Built Area1206 sqft

PSF

S$1,036

Year Built1996

Furnished StatusUnknown

Description

Features & Amenities

Wading pool

Clubhouse

Playground

Swimming pool

Tennis court

Gym

Bbq

Security

Parking

Sauna

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

MRT Stations

Tampines

East-West Line (EW2)

0.22km

Tampines

Downtown Line (DT32)

0.22km

Tampines North

Cross-Island Line (CR6)

0.22km

Location

18 Simei Street 1 529943, Simei, East Region, Singapore

Loading map...

Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

Total Value

Sales Timeline

No timeline data available

No data available

No transaction data found. This could be due to:

No transactions in the selected radius
Invalid date formats in transaction data
Missing price or area information
Current filter settings excluding all transactions

Home Report · AVM Fair Value

Automated Valuation based on 1128 URA transactions · 23 outliers removed (IQR)

Fair Value

S$449,759

S$373 psf

Asking Price

S$1.25M

S$1,036 psf

vs Market

+177.9%

Above Market

vs Last Done

-0.1%

Market Price

Tenure

69 yrs

99-year Leasehold · Balance remaining

Confidence

High

1128 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Simei

807m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

1128 comparable transactions

S$1,091

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

Adjusted Fair Value PSF

S$373

Recent Comparable Transactions

10 shown · 1128 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	SIMEI RISE Floor 01-05	2,045sqft	S$2,120,000	▲S$1,037 +178.0% vs FV	99 yrs lease commencing from 2000
Aug 2025	SIMEI RISE Floor 01-05	2,045sqft	S$2,120,000	▲S$1,037 +178.0% vs FV	99 yrs lease commencing from 2000
Aug 2025	SIMEI RISE Floor 01-05	1,227sqft	S$1,480,000	▲S$1,206 +223.3% vs FV	99 yrs lease commencing from 2000
Aug 2025	TAMPINES STREET 34 Floor 01-05	1,195sqft	S$1,460,000	▲S$1,222 +227.6% vs FV	99 yrs lease commencing from 2000
Aug 2025	SIMEI STREET 4 Floor 06-10	1,378sqft	S$1,698,800	▲S$1,233 +230.6% vs FV	99 yrs lease commencing from 1997
Aug 2025	SIMEI STREET 1 Floor 11-15	1,044sqft	S$1,030,000	▲S$986 +164.3% vs FV	99 yrs lease commencing from 1992
Aug 2025	SIMEI STREET 1 Floor 01-05	958sqft	S$880,000	▲S$919 +146.4% vs FV	99 yrs lease commencing from 1992
Aug 2025	SIMEI STREET 4 Floor 01-05	1,399sqft	S$1,380,000	▲S$986 +164.3% vs FV	99 yrs lease commencing from 1996
Aug 2025	SIMEI STREET 4 Floor 01-05	1,367sqft	S$2,160,000	▲S$1,580 +323.6% vs FV	99 yrs lease commencing from 2008
Jul 2025	SIMEI RISE Floor 01-05	1,227sqft	S$1,480,000	▲S$1,206 +223.3% vs FV	99 yrs lease commencing from 2000
Jul 2025	SIMEI RISE Floor 06-10	2,271sqft	S$2,260,000	▲S$995 +166.8% vs FV	99 yrs lease commencing from 2000

Last Done

SIMEI RISE

Aug 2025 · Floor 01-05

▲S$1,037 psf

+178.0% vs FV

2,045 sqftS$2,120,00099 yrs lease commencing from 2000

SIMEI RISE

Aug 2025 · Floor 01-05

▲S$1,037 psf

+178.0% vs FV

2,045 sqftS$2,120,00099 yrs lease commencing from 2000

SIMEI RISE

Aug 2025 · Floor 01-05

▲S$1,206 psf

+223.3% vs FV

1,227 sqftS$1,480,00099 yrs lease commencing from 2000

TAMPINES STREET 34

Aug 2025 · Floor 01-05

▲S$1,222 psf

+227.6% vs FV

1,195 sqftS$1,460,00099 yrs lease commencing from 2000

SIMEI STREET 4

Aug 2025 · Floor 06-10

▲S$1,233 psf

+230.6% vs FV

1,378 sqftS$1,698,80099 yrs lease commencing from 1997

SIMEI STREET 1

Aug 2025 · Floor 11-15

▲S$986 psf

+164.3% vs FV

1,044 sqftS$1,030,00099 yrs lease commencing from 1992

SIMEI STREET 1

Aug 2025 · Floor 01-05

▲S$919 psf

+146.4% vs FV

958 sqftS$880,00099 yrs lease commencing from 1992

SIMEI STREET 4

Aug 2025 · Floor 01-05

▲S$986 psf

+164.3% vs FV

1,399 sqftS$1,380,00099 yrs lease commencing from 1996

SIMEI STREET 4

Aug 2025 · Floor 01-05

▲S$1,580 psf

+323.6% vs FV

1,367 sqftS$2,160,00099 yrs lease commencing from 2008

SIMEI RISE

Jul 2025 · Floor 01-05

▲S$1,206 psf

+223.3% vs FV

1,227 sqftS$1,480,00099 yrs lease commencing from 2000

SIMEI RISE

Jul 2025 · Floor 06-10

▲S$995 psf

+166.8% vs FV

2,271 sqftS$2,260,00099 yrs lease commencing from 2000

Below Fair Value

Above Fair Value

FV: S$373 psf

HELIOS AI Analysis

Based on 1128 URA transactions (23 outliers removed), adjusted for: Tenure decay (66.1% discount); MRT Simei 807m away (+1%)

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

Calculating fair value from URA transaction data…

PN Chris Tia

License: L3008022J

3 Bed Apartment (Condo) for Sale in Melville Park

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

MRT Stations

Tampines

Tampines

Tampines North

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

No data available

Home Report · AVM Fair Value

PN Chris Tia

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Home Report · AVM Fair Value