Simei Street 3, Simei, East Region, Singapore
$7,280,000
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Total Transactions
5
Average Price
S3.1M
Total Value
S15.3M
Calculating fair value from URA transaction data…
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Automated Valuation based on 319 HDB resale transactions (data.gov.sg) · 7 outliers removed (IQR)
Fair Value
S$2.70M
S$670 psf
Asking Price
S$7.28M
S$1,507 psf
vs Market
+170.0%
vs Last Done
+158.0%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
319 comps
Nearest MRT
Simei
411m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
319 comparable transactions
S$607
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$670
Recent Comparable Transactions
10 shown · 319 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 892A TAMPINES AVE 8 Floor 04 TO 06 | 1,550sqft | S$905,000 | ▼S$584 -12.8% vs FV | 99yr from 1997 |
May 2026 | Blk 892A TAMPINES AVE 8 Floor 04 TO 06 | 1,550sqft | S$905,000 | ▼S$584 -12.8% vs FV | 99yr from 1997 |
May 2026 | Blk 124 TAMPINES ST 11 Floor 10 TO 12 | 1,572sqft | S$935,000 | ▼S$595 -11.2% vs FV | 99yr from 1986 |
May 2026 | Blk 230E TAMPINES ST 24 Floor 07 TO 09 | 1,615sqft | S$1,100,000 | ▲S$681 +1.6% vs FV | 99yr from 1993 |
May 2026 | Blk 331 TAMPINES ST 32 Floor 04 TO 06 | 1,582sqft | S$953,000 | ▼S$602 -10.1% vs FV | 99yr from 1996 |
May 2026 | Blk 330 TAMPINES ST 32 Floor 07 TO 09 | 1,582sqft | S$900,000 | ▼S$569 -15.1% vs FV | 99yr from 1995 |
May 2026 | Blk 328 TAMPINES ST 32 Floor 10 TO 12 | 1,582sqft | S$942,000 | ▼S$595 -11.2% vs FV | 99yr from 1995 |
May 2026 | Blk 495F TAMPINES ST 43 Floor 10 TO 12 | 1,582sqft | S$957,888 | ▼S$605 -9.7% vs FV | 99yr from 1994 |
May 2026 | Blk 895 TAMPINES ST 81 Floor 01 TO 03 | 1,572sqft | S$908,000 | ▼S$578 -13.7% vs FV | 99yr from 1988 |
May 2026 | Blk 856F TAMPINES ST 82 Floor 07 TO 09 | 1,582sqft | S$1,130,000 | ▲S$714 +6.6% vs FV | 99yr from 1995 |
May 2026 | Blk 856C TAMPINES ST 82 Floor 04 TO 06 | 1,604sqft | S$1,130,000 | ▲S$705 +5.2% vs FV | 99yr from 1995 |
Blk 892A TAMPINES AVE 8
May 2026 · Floor 04 TO 06
-12.8% vs FV
Blk 892A TAMPINES AVE 8
May 2026 · Floor 04 TO 06
-12.8% vs FV
Blk 124 TAMPINES ST 11
May 2026 · Floor 10 TO 12
-11.2% vs FV
Blk 230E TAMPINES ST 24
May 2026 · Floor 07 TO 09
+1.6% vs FV
Blk 331 TAMPINES ST 32
May 2026 · Floor 04 TO 06
-10.1% vs FV
Blk 330 TAMPINES ST 32
May 2026 · Floor 07 TO 09
-15.1% vs FV
Blk 328 TAMPINES ST 32
May 2026 · Floor 10 TO 12
-11.2% vs FV
Blk 495F TAMPINES ST 43
May 2026 · Floor 10 TO 12
-9.7% vs FV
Blk 895 TAMPINES ST 81
May 2026 · Floor 01 TO 03
-13.7% vs FV
Blk 856F TAMPINES ST 82
May 2026 · Floor 07 TO 09
+6.6% vs FV
Blk 856C TAMPINES ST 82
May 2026 · Floor 04 TO 06
+5.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive flat in Tampines, with a remaining lease of 75 years, stands at an estimated value of $2,695,869, translating to a price per square foot (PSF) of $670. This valuation is notably positioned above the market baseline, reflecting a significant 170% difference. Such a premium valuation indicates strong demand dynamics in the Tampines area, underpinned by its strategic location and the amenities that cater to a diverse demographic of buyers.
With a high model confidence level derived from an analysis of 319 recent HDB resale transactions in the vicinity, it is clear that the market is responding favorably to properties of this nature. The robust demand is likely driven by several factors, including the area's established infrastructure, proximity to transport hubs, and a well-rounded community environment. As the remaining lease stands at 75 years, buyers are still presented with a substantial tenure conducive to long-term investment and residential stability, further enhancing the appeal of this property in the current market landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.