20 Simei Street 1 529944, Simei, East Region, Singapore
$1,168,888
This fully done-up 3-bedroom unit at Melville Park is a rare investment opportunity, perfectly positioned for the thriving coliving market. With a generous floor area of 1,163 sqft, this unit offers spacious, modern, and comfortable living spaces for tenants, designed for maximum occupancy and appeal. Exceptional Rental Yield: Projected to fetch rental returns close to 6%, significantly above the typical condo yield in the area! This is a robust asset for discerning investors seeking high-performance real estate. Ready for Coliving: The unit is fully renovated and configured to seamlessly operate as a coliving space, minimizing downtime and immediate expenditure for new owners. Start generating income immediately! High Demand Location: The East is a prime rental catchment area, drawing tenants working in nearby business hubs like Changi Business Park, Changi Airport, and the Tampines Wafer Fab Park. Melville Park is a large, established condo famous for its spacious grounds, resort-like environment, and comprehensive facilities, offering a quality lifestyle that is highly attractive to tenants: Full Condo Facilities: Enjoy access to a large swimming pool, tennis courts, a gymnasium, clubhouse, and BBQ areas. A perfect retreat for residents after a long day. Abundant Space: Unlike newer compact developments, the generous land size of Melville Park provides ample breathing room and lush greenery, enhancing the living experience. MRT Access: Excellent connectivity with several MRT stations nearby: Upper Changi MRT (DT34) / Simei MRT (EW3): Easily accessible via a short bus ride or a brisk walk. Tampines East MRT (DT33): Just a short distance away, connecting to the Downtown Line. Expressway Accessibility: Quick access to major expressways like the PIE and ECP, making the drive to the City Centre, Changi Airport, and other parts of Singapore swift and convenient. Shopping & Dining: Minutes awa
The following locations are within radius of this property, with distance shown in kilometers.
Loading map...
Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.