Home Buy All 2RM D18 - Pasir Ris / Tampines2 Bed Condo for Sale in Double Bay Residences

2 Bed Condo for Sale in Double Bay Residences

19b Simei Street 4 528714, Simei, East Region, Singapore

$1,478,888

Added 4 months ago

CondoFor sale

Beds: 2Baths: 2Area: 1001 sqft

Above Market· 83.1% above market

+17View all

Nearest MRT Station

Simei

East-West Line EW3

walk•

Property Details

Property IDPS35ui55y4bY4AHmND8HNi

PriceS$1,478,888

Property TypeCondo

StatusFor sale

Beds2

Baths2

Built Area1001 sqft

PSF

S$1,477

Year Built2012

Furnished StatusUnknown

Description

Features & Amenities

Security

Jacuzzi

Basketball court

Lap pool

Tennis court

Clubhouse

Parking

Games room

Fitness corner

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Schools

Changkat Primary School0.46km

MRT Stations

Simei

East-West Line (EW3)

0.45km

Location

19b Simei Street 4 528714, Simei, East Region, Singapore

Loading map...

Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

138

Average Price

S1.5M

Total Value

S207.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 415 URA transactions · 7 outliers removed (IQR)

Fair Value

S$807,760

S$807 psf

Asking Price

S$1.48M

S$1,477 psf

vs Market

+83.1%

Above Market

vs Last Done

+19.8%

Above Market

Tenure

85 yrs

99-year Leasehold · Balance remaining

Confidence

High

415 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Simei

457m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

415 comparable transactions

S$1,238

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.633

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$807

Recent Comparable Transactions

10 shown · 415 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	SIMEI STREET 4 Floor 06-10	1,378sqft	S$1,698,800	▲S$1,233 +52.8% vs FV	99 yrs lease commencing from 1997
Aug 2025	SIMEI STREET 4 Floor 06-10	1,378sqft	S$1,698,800	▲S$1,233 +52.8% vs FV	99 yrs lease commencing from 1997
Aug 2025	SUNBIRD CIRCLE Floor 01-05	1,841sqft	S$2,408,888	▲S$1,309 +62.2% vs FV	Freehold
Aug 2025	SIMEI STREET 4 Floor 01-05	1,399sqft	S$1,380,000	▲S$986 +22.2% vs FV	99 yrs lease commencing from 1996
Aug 2025	SIMEI STREET 4 Floor 01-05	1,367sqft	S$2,160,000	▲S$1,580 +95.8% vs FV	99 yrs lease commencing from 2008
Jul 2025	SIMEI STREET 3 Floor 06-10	936sqft	S$1,505,000	▲S$1,607 +99.1% vs FV	99 yrs lease commencing from 2010
Jul 2025	SIMEI STREET 3 Floor 06-10	883sqft	S$1,480,000	▲S$1,677 +107.8% vs FV	99 yrs lease commencing from 2010
Jul 2025	SIMEI STREET 3 Floor 06-10	495sqft	S$845,000	▲S$1,707 +111.5% vs FV	99 yrs lease commencing from 2010
Jul 2025	SIMEI STREET 4 Floor 06-10	1,389sqft	S$1,685,000	▲S$1,213 +50.3% vs FV	99 yrs lease commencing from 1997
Jul 2025	SIMEI STREET 4 Floor 11-15	2,799sqft	S$2,750,000	▲S$983 +21.8% vs FV	99 yrs lease commencing from 1997
Jul 2025	SIMEI STREET 4 Floor 06-10	1,195sqft	S$1,300,000	▲S$1,088 +34.8% vs FV	99 yrs lease commencing from 1996

Last Done

SIMEI STREET 4

Aug 2025 · Floor 06-10

▲S$1,233 psf

+52.8% vs FV

1,378 sqftS$1,698,80099 yrs lease commencing from 1997

SIMEI STREET 4

Aug 2025 · Floor 06-10

▲S$1,233 psf

+52.8% vs FV

1,378 sqftS$1,698,80099 yrs lease commencing from 1997

SUNBIRD CIRCLE

Aug 2025 · Floor 01-05

▲S$1,309 psf

+62.2% vs FV

1,841 sqftS$2,408,888Freehold

SIMEI STREET 4

Aug 2025 · Floor 01-05

▲S$986 psf

+22.2% vs FV

1,399 sqftS$1,380,00099 yrs lease commencing from 1996

SIMEI STREET 4

Aug 2025 · Floor 01-05

▲S$1,580 psf

+95.8% vs FV

1,367 sqftS$2,160,00099 yrs lease commencing from 2008

SIMEI STREET 3

Jul 2025 · Floor 06-10

▲S$1,607 psf

+99.1% vs FV

936 sqftS$1,505,00099 yrs lease commencing from 2010

SIMEI STREET 3

Jul 2025 · Floor 06-10

▲S$1,677 psf

+107.8% vs FV

883 sqftS$1,480,00099 yrs lease commencing from 2010

SIMEI STREET 3

Jul 2025 · Floor 06-10

▲S$1,707 psf

+111.5% vs FV

495 sqftS$845,00099 yrs lease commencing from 2010

SIMEI STREET 4

Jul 2025 · Floor 06-10

▲S$1,213 psf

+50.3% vs FV

1,389 sqftS$1,685,00099 yrs lease commencing from 1997

SIMEI STREET 4

Jul 2025 · Floor 11-15

▲S$983 psf

+21.8% vs FV

2,799 sqftS$2,750,00099 yrs lease commencing from 1997

SIMEI STREET 4

Jul 2025 · Floor 06-10

▲S$1,088 psf

+34.8% vs FV

1,195 sqftS$1,300,00099 yrs lease commencing from 1996

Below Fair Value

Above Fair Value

FV: S$807 psf

HELIOS AI Analysis

Based on 415 URA transactions (7 outliers removed), adjusted for: Tenure decay (36.7% discount); MRT Simei 457m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Calculating fair value from URA transaction data…

Wong Weijie

License: L3008022J

2 Bed Condo for Sale in Double Bay Residences

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

Schools

MRT Stations

Simei

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Wong Weijie

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Home Report · AVM Fair Value