HomeRentCondo Whole Unit3RMD18 - Pasir Ris / Tampines3+1 Bed Condo for Rent in Modena

3+1 Bed Condo for Rent in Modena

39 Simei Street 4 529871, Simei, East Region, Singapore

$5,000 /month

Added 4 months ago
Beds: 3Baths: 2Area: 1498 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDM8GCBD9AK9x6oQwzMEpMVE
PriceS$5,000
Property TypeCondo Whole Unit
StatusFor rent
Beds3
Baths2
Built Area1498 sqft
PSF
S$4
Year Built2002
Furnished StatusFully furnished

Description

Features & Amenities
Stove
Fridge
Sauna
Fun pool
Security
Parking
Wading pool
Bbq
Fitness corner
Mini golf range
Water feature
Swimming pool
Jogging track
Washer
Gym
Reflexology path
Bed
Jacuzzi
Sofa
Playground
Closet
Aircon
Tennis court
Clubhouse
Maid room

Nearby Locations

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

MRT Stations

Location

39 Simei Street 4 529871, Simei, East Region, Singapore

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Total Transactions

41

Average Price

S1.6M

Total Value

S64.5M

Sales Timeline

Property Value Estimate

Estimated sale value based on 34 URA transactions

Fair Value

S$756,814

S$505 psf

Asking Price

S$5,000

S$4 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

75 yrs

99-year Leasehold · Balance remaining

Confidence

High

34 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Simei

167m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

34 comparable transactions

S$1,128

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.435

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$505

Recent Comparable Transactions

10 shown · 34 total
Last Done

SIMEI STREET 4

Jul 2025 · Floor 11-15

S$983 psf

+94.7% vs FV

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

SIMEI STREET 4

Jul 2025 · Floor 11-15

S$983 psf

+94.7% vs FV

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

SIMEI STREET 4

Jun 2025 · Floor 01-05

S$1,223 psf

+142.2% vs FV

1,410 sqftS$1,725,00099 yrs lease commencing from 1997

SIMEI STREET 4

May 2025 · Floor 01-05

S$1,220 psf

+141.6% vs FV

1,410 sqftS$1,720,00099 yrs lease commencing from 1997

SIMEI STREET 4

Apr 2025 · Floor 06-10

S$1,261 psf

+149.7% vs FV

1,399 sqftS$1,765,00099 yrs lease commencing from 1997

SIMEI STREET 4

Mar 2025 · Floor 06-10

S$1,325 psf

+162.4% vs FV

1,690 sqftS$2,240,00099 yrs lease commencing from 1997

SIMEI STREET 4

Oct 2024 · Floor 06-10

S$1,183 psf

+134.3% vs FV

1,496 sqftS$1,770,00099 yrs lease commencing from 1997

SIMEI STREET 4

Aug 2024 · Floor 06-10

S$1,229 psf

+143.4% vs FV

1,399 sqftS$1,720,00099 yrs lease commencing from 1997

SIMEI STREET 4

Mar 2024 · Floor 01-05

S$1,251 psf

+147.7% vs FV

1,399 sqftS$1,750,00099 yrs lease commencing from 1997

SIMEI STREET 4

Mar 2024 · Floor 06-10

S$1,169 psf

+131.5% vs FV

1,539 sqftS$1,800,00099 yrs lease commencing from 1997

SIMEI STREET 4

Mar 2024 · Floor 01-05

S$1,086 psf

+115.0% vs FV

1,528 sqftS$1,660,00099 yrs lease commencing from 1997
Below Fair Value
Above Fair Value
FV: S$505 psf

HELIOS AI Analysis

Based on 34 URA transactions (0 outliers removed), adjusted for: Tenure decay (56.5% discount); MRT Simei 167m away (+3%)

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

Peter Quah

Peter Quah

ERA REALTY NETWORK PTE LTD

CEA: L3002382K

+65 9382 xxxx
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