51 Sims Drive 380051, Aljunied, Central Region, Singapore
$818,000
Serious sellers! Don’t miss this rare opportunity to own a spacious 5-room HDB flat at Blk 51 Sims Drive, located in a highly convenient and well-connected city fringe neighbourhood. Large flats in this area are seldom available, making this an excellent choice for families and home buyers looking for space and accessibility. Property Details 5-Room HDB Flat Spacious and functional layout Bright and well-ventilated unit Ideal for families upgrading from smaller flats Good privacy Excellent Connectivity Minutes to Aljunied MRT Station Near Kallang MRT Station Easy access to major expressways and the city Amenities at Your Doorstep Short distance to Paya Lebar Quarter Close to Paya Lebar Square Surrounded by supermarkets, coffee shops, and popular Geylang eateries Schools Nearby Geylang Methodist School (Primary) Geylang Methodist School (Secondary) Canossa Catholic Primary School Kong Hwa School Bendemeer Primary School Spacious and practical layout Excellent city-fringe location Surrounded by amenities and reputable schools Strong demand area for families Motivated sellers – serious buyers welcome. Units here are rarely available. call 9817.8911now to arrange an exclusive viewing before it is taken!
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$532,494
S$423 psf
Asking Price
S$818,000
S$650 psf
vs Market
+53.6%
vs Last Done
+21.0%
Tenure
49 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
3 comps
Nearest MRT
Aljunied
445m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$575
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.700
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$423
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2025 | Blk 51 SIMS DR Floor 04 TO 06 | 1,227sqft | S$658,888 | ▲S$537 +27.0% vs FV | 99yr from 1977 |
Apr 2025 | Blk 51 SIMS DR Floor 04 TO 06 | 1,227sqft | S$658,888 | ▲S$537 +27.0% vs FV | 99yr from 1977 |
Aug 2024 | Blk 51 SIMS DR Floor 22 TO 24 | 1,259sqft | S$802,888 | ▲S$638 +50.8% vs FV | 99yr from 1977 |
Jun 2024 | Blk 51 SIMS DR Floor 01 TO 03 | 1,259sqft | S$695,000 | ▲S$552 +30.5% vs FV | 99yr from 1977 |
Blk 51 SIMS DR
Apr 2025 · Floor 04 TO 06
+27.0% vs FV
Blk 51 SIMS DR
Apr 2025 · Floor 04 TO 06
+27.0% vs FV
Blk 51 SIMS DR
Aug 2024 · Floor 22 TO 24
+50.8% vs FV
Blk 51 SIMS DR
Jun 2024 · Floor 01 TO 03
+30.5% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB unit in Geylang, with a remaining lease of 49 years, stands at an estimated value of $532,494, translating to $423 per square foot. This figure reflects a notable market signal, as it is positioned 53.6% above the baseline valuation, indicating a strong demand perception in the Geylang area. Such a premium suggests that buyers may be willing to overlook the limitations imposed by the remaining lease period, likely due to the strategic location and vibrant community dynamics that Geylang offers.
However, it is crucial to note that the model confidence for this valuation is categorized as low, which implies a degree of caution should be exercised. The assessment is based on only three recent resale transactions in the vicinity, which may not sufficiently capture the broader market trends or fluctuations. As such, potential investors should consider the unique characteristics of this property, including its leasehold status and proximity to key amenities, while also remaining vigilant of the evolving market conditions that could impact future resale values.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.