109 Simei Street 1 520109, Simei, East Region, Singapore
$673,000
New List! Don’t Miss Motivated Seller - Viewing Available By Appointment - - High/ Lift Floor - Spacious, Bright & Extremely Windy - No West Sun, Partial Unblocked - Very Well Kept Condition - Functional Layout, No Odd Shapes - Great Location! Mins Walk To MRT, Mall, Shops, Eateries, Schools & Many Others - All Races & SPRs Are Eligible - Buyer Can Contra, No Need Extension Please Kindly Contact Ashley Chai 9029 XXXX For viewing Now! Discover your dream home! This stunning 3 bedroom, 2 bathroom HDB located at 109, Simei Street 1, Singapore, is now available for sale. With a spacious area of 1119 sqft, this property offers ample room for comfortable living. You’ll love the convenience of nearby amenities: Simei MRT station (0.5 km) is just a short walk away, making your daily commute a breeze. For families, SAFRA Tampines (0.6 km) and Smiling Star Speedy Chinese Character Recognition (0.7 km) provide excellent educational opportunities. Shopping enthusiasts will appreciate the proximity to Eastpoint Mall (0.5 km) and Simei Plaza (0.6 km) for all your retail needs. Grocery shopping is easy with FairPrice at Eastpoint Mall (0.5 km) and FairPrice Tampines (0.7 km) just around the corner. Embrace the vibrant lifestyle this location offers. Don't miss this opportunity—seize the chance to own this beautiful HDB home today!
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 1 HDB resale transactions (data.gov.sg)
Fair Value
S$591,059
S$528 psf
Asking Price
S$673,000
S$601 psf
vs Market
+13.9%
vs Last Done
+2.4%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Simei
378m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$587
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$528
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 109 SIMEI ST 1 Floor 04 TO 06 | 1,119sqft | S$657,000 | ▲S$587 +11.2% vs FV | 99yr from 1988 |
Apr 2026 | Blk 109 SIMEI ST 1 Floor 04 TO 06 | 1,119sqft | S$657,000 | ▲S$587 +11.2% vs FV | 99yr from 1988 |
Blk 109 SIMEI ST 1
Apr 2026 · Floor 04 TO 06
+11.2% vs FV
Blk 109 SIMEI ST 1
Apr 2026 · Floor 04 TO 06
+11.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $591,059, translating to a price per square foot (PSF) of $528. This valuation is notably positioned above the market average, reflecting a significant 13.9% premium over the baseline. Such a divergence indicates a strong demand for HDB properties in this locale, potentially driven by the area's robust amenities, accessibility, and community appeal.
However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a solitary recent resale transaction within the vicinity. This limited dataset may not fully capture the current market dynamics or the nuanced factors influencing buyer preferences. As the remaining lease period of 60 years could influence long-term investment considerations, potential buyers should weigh the implications of lease tenure against the prevailing market conditions and future resale prospects.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.