Home Buy All 3RM D18 - Pasir Ris / Tampines3 Bed Condo for Sale in Double Bay Residences

3 Bed Condo for Sale in Double Bay Residences

21 Simei Street 4 528717, Simei, East Region, Singapore

$1,900,000

Added 2 months ago

CondoFor sale

Beds: 3Baths: 3Area: 1270 sqft

Market Price· Fairly priced

+9View all

Nearest MRT Station

Simei

East-West Line EW3

walk•

Property Details

Property IDU4vUhMoRLhuna3gUw2yyR6

PriceS$1,900,000

Property TypeCondo

StatusFor sale

Beds3

Baths3

Built Area1270 sqft

PSF

S$1,496

Year Built2012

Furnished StatusUnknown

Description

Features & Amenities

Lap pool

Parking

Jacuzzi

Games room

Clubhouse

Fitness corner

Basketball court

Tennis court

Security

Nearby Locations

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

Schools

Changkat Primary School0.46km

MRT Stations

Simei

East-West Line (EW3)

0.45km

Location

21 Simei Street 4 528717, 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

138

Average Price

S1.5M

Total Value

S207.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 125 URA transactions

Fair Value

S$1.91M

S$1,501 psf

Asking Price

S$1.90M

S$1,496 psf

vs Market

-0.3%

Market Price

vs Last Done

-5.3%

Good Deal

Tenure

85 yrs

99-year Leasehold · Balance remaining

Confidence

High

125 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Simei

457m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

125 comparable transactions

S$1,311

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.633

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$1,501

Recent Comparable Transactions

10 shown · 125 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	SIMEI STREET 4 Floor 01-05	1,367sqft	S$2,160,000	▲S$1,580 +5.3% vs FV	99 yrs lease commencing from 2008
Aug 2025	SIMEI STREET 4 Floor 01-05	1,367sqft	S$2,160,000	▲S$1,580 +5.3% vs FV	99 yrs lease commencing from 2008
Jun 2025	SIMEI STREET 4 Floor 06-10	1,270sqft	S$1,750,000	▼S$1,378 -8.2% vs FV	99 yrs lease commencing from 2008
Jun 2025	SIMEI STREET 4 Floor 11-15	1,367sqft	S$1,980,000	▼S$1,448 -3.5% vs FV	99 yrs lease commencing from 2008
May 2025	SIMEI STREET 4 Floor 06-10	1,367sqft	S$2,068,000	▲S$1,513 +0.8% vs FV	99 yrs lease commencing from 2008
May 2025	SIMEI STREET 4 Floor 01-05	1,367sqft	S$1,950,000	▼S$1,426 -5.0% vs FV	99 yrs lease commencing from 2008
May 2025	SIMEI STREET 4 Floor 01-05	538sqft	S$735,000	▼S$1,366 -9.0% vs FV	99 yrs lease commencing from 2008
May 2025	SIMEI STREET 4 Floor 01-05	1,367sqft	S$1,935,000	▼S$1,415 -5.7% vs FV	99 yrs lease commencing from 2008
Apr 2025	SIMEI STREET 4 Floor 06-10	1,367sqft	S$2,005,000	▼S$1,467 -2.3% vs FV	99 yrs lease commencing from 2008
Apr 2025	SIMEI STREET 4 Floor 01-05	1,830sqft	S$2,200,000	▼S$1,202 -19.9% vs FV	99 yrs lease commencing from 2008
Mar 2025	SIMEI STREET 4 Floor 01-05	1,259sqft	S$1,720,000	▼S$1,366 -9.0% vs FV	99 yrs lease commencing from 2008

Last Done

SIMEI STREET 4

Aug 2025 · Floor 01-05

▲S$1,580 psf

+5.3% vs FV

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

SIMEI STREET 4

Aug 2025 · Floor 01-05

▲S$1,580 psf

+5.3% vs FV

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

SIMEI STREET 4

Jun 2025 · Floor 06-10

▼S$1,378 psf

-8.2% vs FV

1,270 sqftS$1,750,00099 yrs lease commencing from 2008

SIMEI STREET 4

Jun 2025 · Floor 11-15

▼S$1,448 psf

-3.5% vs FV

1,367 sqftS$1,980,00099 yrs lease commencing from 2008

SIMEI STREET 4

May 2025 · Floor 06-10

▲S$1,513 psf

+0.8% vs FV

1,367 sqftS$2,068,00099 yrs lease commencing from 2008

SIMEI STREET 4

May 2025 · Floor 01-05

▼S$1,426 psf

-5.0% vs FV

1,367 sqftS$1,950,00099 yrs lease commencing from 2008

SIMEI STREET 4

May 2025 · Floor 01-05

▼S$1,366 psf

-9.0% vs FV

538 sqftS$735,00099 yrs lease commencing from 2008

SIMEI STREET 4

May 2025 · Floor 01-05

▼S$1,415 psf

-5.7% vs FV

1,367 sqftS$1,935,00099 yrs lease commencing from 2008

SIMEI STREET 4

Apr 2025 · Floor 06-10

▼S$1,467 psf

-2.3% vs FV

1,367 sqftS$2,005,00099 yrs lease commencing from 2008

SIMEI STREET 4

Apr 2025 · Floor 01-05

▼S$1,202 psf

-19.9% vs FV

1,830 sqftS$2,200,00099 yrs lease commencing from 2008

SIMEI STREET 4

Mar 2025 · Floor 01-05

▼S$1,366 psf

-9.0% vs FV

1,259 sqftS$1,720,00099 yrs lease commencing from 2008

Below Fair Value

Above Fair Value

FV: S$1,501 psf

HELIOS AI Analysis

Based on 125 URA transactions (0 outliers removed), adjusted for: Tenure decay (36.7% discount); MRT Simei 457m away (+3%)

⚠️ 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…

Ivan Siah

License: L3008899K

3 Bed Condo for Sale in Double Bay Residences

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

Schools

MRT Stations

Simei

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Ivan Siah

Similar Properties

Home Report · AVM Fair Value