Meragi Road, Simei, East Region, Singapore
$7,500,000
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Total Transactions
8
Average Price
S3.5M
Total Value
S27.9M
Calculating fair value from URA transaction data…

License: L3002382K
Automated Valuation based on 1134 URA transactions · 41 outliers removed (IQR)
Fair Value
S$6.71M
S$1,046 psf
Asking Price
S$7.50M
S$2,316 psf
vs Market
+11.9%
Confidence
High
1134 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1134 comparable transactions
S$1,046
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$1,046
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | SIMEI RISE | 2,045 | S$2,120,000 | S$1,037 |
| 2025-08 | SIMEI RISE | 1,227 | S$1,480,000 | S$1,206 |
| 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 1134 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.