Presenting an exceptional opportunity in the coveted Double Bay Residences—a rare and spacious 3 + 1 room apartment that perfectly blends luxury living with a powerful investment proposition. Property Highlights: · Uncommon Layout: This is a highly sought-after 3+1 bedroom configuration, offering unparalleled space and flexibility. The additional room is perfect for a home office, private gym, study, or guest room—catering perfectly to modern living needs. · Premium Outlook: Enjoy a serene and beautiful pool-facing view from your living space. This vista not only provides a constant sense of resort-style leisure but also ensures an open, breezy, and light-filled environment. · Immediate & Secure Investment: The property comes with a solid tenancy in place until April 2027. This offers the new owner: · Instant Rental Yield: Start earning income from day one, with no vacancy risk or listing hassles. · Predictable Cash Flow: Perfect for investors seeking a stable, long-term return in a prime location. · Dual-Appeal Potential: This unit is great for both investment and owner-occupation. Live in a premium home now, or hold it as a cornerstone investment asset. Once the tenancy concludes, it presents a perfect move-in opportunity. Ideal For: · The astute investor looking for a "hands-off" investment with immediate, guaranteed returns. · The owner-occupier planning for the future, securing a rare layout now with income coverage until 2027. · Anyone seeking a premium, low-maintenance property in one of Singapore's most desirable residential enclaves. This is a rare chance to acquire a spacious, well-positioned unit in Double Bay Residences—a property that delivers both tangible financial benefits and a high-quality living experience. Call now before it's gone.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
138
Average Price
S1.5M
Total Value
S207.1M
Calculating fair value from URA transaction data…


License: L3008899K
Automated Valuation based on 1004 URA transactions · 36 outliers removed (IQR)
Fair Value
S$1.54M
S$1,130 psf
Asking Price
S$2.20M
S$1,609 psf
vs Market
+42.4%
vs Last Done
No recent data
For exact comparison
Tenure
Freehold
No lease decay
Confidence
High
1004 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1004 comparable transactions
S$1,130
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,130
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | SIMEI STREET 3 | 1,141 | S$1,280,000 | S$1,122 |
| 2025-08 | SIMEI STREET 3 | 1,130 | S$1,250,000 | S$1,106 |
| 2025-08 | SIMEI STREET 4 | 1,378 | S$1,698,800 | S$1,233 |
| 2025-08 | SIMEI STREET 1 | 1,044 | S$1,030,000 | S$986 |
| 2025-08 | SIMEI STREET 1 | 958 | S$880,000 | S$919 |
Showing 5 most recent transactions from 1004 total comparables used in valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.