106 Simei Street 1 520106, Simei, East Region, Singapore
$718,000
Spacious High-Floor Unit at Simei! 106 Simei Street 1, Singapore 520106 High Floor #07 | Remaining Lease: 61 Years | Asking Price: $718,000 (Negotiable) 3 Bedrooms | 2 Bathrooms | 104 sqm | HDB 4A -Property Highlights Spacious 104 sqm 4A layout High-floor unit with good natural light and ventilation Squarish and functional floor plan Neat and well-kept condition Generous living and dining areas Ideal for families seeking space and comfort -Nearby Transport Accessible via Simei MRT and Tampines MRT Well-connected via major bus routes Easy access to PIE and ECP -Nearby Schools Changkat Primary School Angsana Primary School Changkat Changi Secondary School Chongzheng Primary School -Amenities & Lifestyle Short drive to Eastpoint Mall and Tampines Mall Nearby supermarkets, coffee shops, and eateries Close to parks and recreational facilities Bluenest is Singapore’s leading tech-enabled real estate agency. Utilizing our advanced backend technologies, we can assist our sellers in securing the optimal price, all while charging commission starting from 1%, notably lower than the prevailing market rate of 2%. Through the integration of technology, we have successfully optimized operations, enabling our agents to excel in addressing the needs of our sellers with greater efficiency and effectiveness than conventional agents in Singapore Reach out to Bluenest today if you are looking for the most effective and efficient way to sell, rent or buy your property. Unlock the Blueprints to Your Dream Home. Choose Bluenest. Your Trusted Real Estate Advisor.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$594,078
S$531 psf
Asking Price
S$718,000
S$642 psf
vs Market
+20.9%
vs Last Done
+1.3%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Simei
321m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$590
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$531
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 106 SIMEI ST 1 Floor 07 TO 09 | 1,119sqft | S$710,000 | ▲S$634 +19.4% vs FV | 99yr from 1988 |
Feb 2026 | Blk 106 SIMEI ST 1 Floor 07 TO 09 | 1,119sqft | S$710,000 | ▲S$634 +19.4% vs FV | 99yr from 1988 |
Feb 2026 | Blk 106 TAMPINES ST 11 Floor 04 TO 06 | 1,109sqft | S$625,000 | ▲S$564 +6.2% vs FV | 99yr from 1984 |
Jan 2026 | Blk 106 SIMEI ST 1 Floor 04 TO 06 | 1,119sqft | S$640,000 | ▲S$572 +7.7% vs FV | 99yr from 1988 |
Blk 106 SIMEI ST 1
Feb 2026 · Floor 07 TO 09
+19.4% vs FV
Blk 106 SIMEI ST 1
Feb 2026 · Floor 07 TO 09
+19.4% vs FV
Blk 106 TAMPINES ST 11
Feb 2026 · Floor 04 TO 06
+6.2% vs FV
Blk 106 SIMEI ST 1
Jan 2026 · Floor 04 TO 06
+7.7% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $594,078, translating to a price per square foot (PSF) of $531. This valuation is notably above the market baseline, reflecting a significant 20.9% premium. Such a disparity suggests a robust demand within the Tampines precinct, which could be attributed to the area's strategic location, accessibility to amenities, and the overall desirability of the HDB living environment. The elevated price point indicates that buyers may be willing to overlook the shorter lease period in favor of other attractive attributes associated with this property.
However, the model confidence in this valuation is classified as low, which highlights the potential volatility in the current market dynamics. The assessment is based on only three recent HDB resale transactions in the vicinity, warranting caution as these limited data points may not fully encapsulate broader market trends. As the real estate landscape evolves, factors such as government policy changes, economic shifts, and demographic trends will continue to influence HDB values across Singapore, particularly in established neighborhoods like Tampines. Prospective buyers and investors should remain vigilant and consider comprehensive market insights before making their decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.