40 Sims Drive 380040, Aljunied, Central Region, Singapore
$648,000













-Spacious and Squarish bedrooms -Fully renovated with immediately move in condition -Good cross wind ventilation -Luxurious kitchen space Amenities - Geylang Bahru (DT24) 676m - Aljunied (EW9) 738m - Kallang (EW10) 865m Bus Stop - Blk 45 Sims Dr, Bus 125, 134, 137, 64 (196m) Hawkers Centers ️- Blk 49 Sims Place (332m) - Blk 17 Upper Boon Keng Road (592m) - Blk 69 Geyland Bahru (833m) Malls & Groceries & Supermarts - Hao Mart (451m) - Sheng Siong Supermarket (587m) - Fairprice (683m) - Aperia (1.56m) - Kallang Wave Mall (1.57m) - Leisure Park Kallang (1.68m) - Paya Lebar Square (1.81m) Nearest Primary Schools (MOE Guide) - Geylang Methodist School (839m) - Kong Hwa School (1.51m) - Canossa Catholic Primary (1.22m)
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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 2 HDB resale transactions (data.gov.sg)
Fair Value
S$760,085
S$648 psf
Asking Price
S$648,000
S$552 psf
vs Market
-14.7%
vs Last Done
-10.0%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Geylang Bahru
685m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$605
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$648
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 40 SIMS DR Floor 10 TO 12 | 1,109sqft | S$680,000 | ▼S$613 -5.4% vs FV | 99yr from 1990 |
Jan 2026 | Blk 40 SIMS DR Floor 10 TO 12 | 1,109sqft | S$680,000 | ▼S$613 -5.4% vs FV | 99yr from 1990 |
Jan 2025 | Blk 40 SIMS DR Floor 04 TO 06 | 1,119sqft | S$668,000 | ▼S$597 -7.9% vs FV | 99yr from 1990 |
Blk 40 SIMS DR
Jan 2026 · Floor 10 TO 12
-5.4% vs FV
Blk 40 SIMS DR
Jan 2026 · Floor 10 TO 12
-5.4% vs FV
Blk 40 SIMS DR
Jan 2025 · Floor 04 TO 06
-7.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Geylang, with a remaining lease of 75 years, is estimated at $760,085 or $648 PSF. This figure positions the property as a good deal, reflecting a notable 14.7% difference from the baseline value. Such a variance suggests a favorable entry point for prospective buyers, particularly in a district known for its vibrant urban landscape and diverse amenities.
However, it is important to note that the model confidence for this valuation is classified as low, based on only two recent HDB resale transactions within the vicinity. This limited data set may influence the robustness of the valuation, underscoring the need for potential investors to conduct further due diligence. The Geylang area, with its rich cultural tapestry and strategic location, continues to attract interest, but market dynamics remain fluid as economic conditions evolve and buyer sentiment fluctuates.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.