124 Simei Street 1 520124, Simei, East Region, Singapore
$3,500 /month
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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Estimated sale value based on 212 HDB resale transactions (data.gov.sg)
Fair Value
S$476,407
S$527 psf
Asking Price
S$3,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
212 comps
Nearest MRT
Simei
346m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
212 comparable transactions
S$586
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$527
Recent Comparable Transactions
10 shown · 212 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 156 SIMEI RD Floor 10 TO 12 | 1,119sqft | S$658,000 | ▲S$588 +11.6% vs FV | 99yr from 1989 |
May 2026 | Blk 156 SIMEI RD Floor 10 TO 12 | 1,119sqft | S$658,000 | ▲S$588 +11.6% vs FV | 99yr from 1989 |
May 2026 | Blk 123 SIMEI ST 1 Floor 07 TO 09 | 1,119sqft | S$670,000 | ▲S$599 +13.7% vs FV | 99yr from 1988 |
May 2026 | Blk 231 SIMEI ST 4 Floor 04 TO 06 | 1,119sqft | S$640,000 | ▲S$572 +8.5% vs FV | 99yr from 1989 |
May 2026 | Blk 861 TAMPINES AVE 5 Floor 07 TO 09 | 1,119sqft | S$650,133 | ▲S$581 +10.2% vs FV | 99yr from 1988 |
May 2026 | Blk 503 TAMPINES CTRL 1 Floor 04 TO 06 | 1,130sqft | S$680,000 | ▲S$602 +14.2% vs FV | 99yr from 1990 |
May 2026 | Blk 108 TAMPINES ST 11 Floor 10 TO 12 | 1,109sqft | S$628,000 | ▲S$566 +7.4% vs FV | 99yr from 1984 |
May 2026 | Blk 141 TAMPINES ST 12 Floor 10 TO 12 | 1,141sqft | S$638,888 | ▲S$560 +6.3% vs FV | 99yr from 1984 |
May 2026 | Blk 141 TAMPINES ST 12 Floor 10 TO 12 | 1,109sqft | S$625,000 | ▲S$564 +7.0% vs FV | 99yr from 1984 |
May 2026 | Blk 240 TAMPINES ST 21 Floor 07 TO 09 | 1,119sqft | S$690,000 | ▲S$616 +16.9% vs FV | 99yr from 1984 |
May 2026 | Blk 261 TAMPINES ST 21 Floor 04 TO 06 | 1,109sqft | S$573,888 | ▼S$518 -1.7% vs FV | 99yr from 1984 |
Blk 156 SIMEI RD
May 2026 · Floor 10 TO 12
+11.6% vs FV
Blk 156 SIMEI RD
May 2026 · Floor 10 TO 12
+11.6% vs FV
Blk 123 SIMEI ST 1
May 2026 · Floor 07 TO 09
+13.7% vs FV
Blk 231 SIMEI ST 4
May 2026 · Floor 04 TO 06
+8.5% vs FV
Blk 861 TAMPINES AVE 5
May 2026 · Floor 07 TO 09
+10.2% vs FV
Blk 503 TAMPINES CTRL 1
May 2026 · Floor 04 TO 06
+14.2% vs FV
Blk 108 TAMPINES ST 11
May 2026 · Floor 10 TO 12
+7.4% vs FV
Blk 141 TAMPINES ST 12
May 2026 · Floor 10 TO 12
+6.3% vs FV
Blk 141 TAMPINES ST 12
May 2026 · Floor 10 TO 12
+7.0% vs FV
Blk 240 TAMPINES ST 21
May 2026 · Floor 07 TO 09
+16.9% vs FV
Blk 261 TAMPINES ST 21
May 2026 · Floor 04 TO 06
-1.7% vs FV
HELIOS AI Analysis
The HDB 4-room property located in the vibrant district of Tampines presents a compelling investment opportunity, with an estimated market value of $476,407 or $527 per square foot. This valuation reflects a stable market position, indicated by a 0% difference from the baseline price, suggesting that the property is priced optimally relative to recent market trends. The high model confidence, derived from analysis of 212 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation, reinforcing the notion that the property is aligned with current market dynamics.
With a remaining lease of 60 years, this HDB unit stands at a pivotal intersection of desirability and longevity. Properties within the Tampines area have historically demonstrated resilience, benefiting from excellent connectivity and a robust community infrastructure. As such, this valuation not only reflects current market conditions but also positions the property favorably for potential appreciation in the years to come, particularly as the demand for well-located HDB units remains strong amidst Singapore's evolving urban landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.