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…


License: L3008022J
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Automated Valuation based on 300 HDB resale transactions (data.gov.sg) · 8 outliers removed (IQR)
Fair Value
S$2.68M
S$666 psf
Asking Price
S$7.28M
S$1,507 psf
vs Market
+171.4%
vs Last Done
+140.4%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
300 comps
Nearest MRT
Simei
411m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
300 comparable transactions
S$604
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$666
Recent Comparable Transactions
10 shown · 300 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 229 SIMEI ST 4 Floor 04 TO 06 | 1,572sqft | S$985,000 | ▼S$627 -5.9% vs FV | 99yr from 1988 |
Apr 2026 | Blk 229 SIMEI ST 4 Floor 04 TO 06 | 1,572sqft | S$985,000 | ▼S$627 -5.9% vs FV | 99yr from 1988 |
Mar 2026 | Blk 147 SIMEI ST 2 Floor 01 TO 03 | 1,658sqft | S$1,100,000 | ▼S$664 -0.3% vs FV | 99yr from 1988 |
Mar 2026 | Blk 336 TAMPINES ST 32 Floor 04 TO 06 | 1,572sqft | S$930,000 | ▼S$592 -11.1% vs FV | 99yr from 1996 |
Mar 2026 | Blk 740 TAMPINES ST 72 Floor 04 TO 06 | 1,507sqft | S$845,000 | ▼S$561 -15.8% vs FV | 99yr from 1997 |
Mar 2026 | Blk 739 TAMPINES ST 72 Floor 04 TO 06 | 1,507sqft | S$908,000 | ▼S$603 -9.5% vs FV | 99yr from 1997 |
Feb 2026 | Blk 944 TAMPINES AVE 5 Floor 04 TO 06 | 1,528sqft | S$1,108,888 | ▲S$725 +8.9% vs FV | 99yr from 1989 |
Feb 2026 | Blk 892A TAMPINES AVE 8 Floor 07 TO 09 | 1,475sqft | S$915,000 | ▼S$620 -6.9% vs FV | 99yr from 1997 |
Feb 2026 | Blk 893A TAMPINES AVE 8 Floor 04 TO 06 | 1,528sqft | S$880,000 | ▼S$576 -13.5% vs FV | 99yr from 1997 |
Feb 2026 | Blk 125 TAMPINES ST 11 Floor 04 TO 06 | 1,572sqft | S$860,000 | ▼S$547 -17.9% vs FV | 99yr from 1985 |
Feb 2026 | Blk 156 TAMPINES ST 12 Floor 10 TO 12 | 1,679sqft | S$1,060,000 | ▼S$631 -5.3% vs FV | 99yr from 1984 |
Blk 229 SIMEI ST 4
Apr 2026 · Floor 04 TO 06
-5.9% vs FV
Blk 229 SIMEI ST 4
Apr 2026 · Floor 04 TO 06
-5.9% vs FV
Blk 147 SIMEI ST 2
Mar 2026 · Floor 01 TO 03
-0.3% vs FV
Blk 336 TAMPINES ST 32
Mar 2026 · Floor 04 TO 06
-11.1% vs FV
Blk 740 TAMPINES ST 72
Mar 2026 · Floor 04 TO 06
-15.8% vs FV
Blk 739 TAMPINES ST 72
Mar 2026 · Floor 04 TO 06
-9.5% vs FV
Blk 944 TAMPINES AVE 5
Feb 2026 · Floor 04 TO 06
+8.9% vs FV
Blk 892A TAMPINES AVE 8
Feb 2026 · Floor 07 TO 09
-6.9% vs FV
Blk 893A TAMPINES AVE 8
Feb 2026 · Floor 04 TO 06
-13.5% vs FV
Blk 125 TAMPINES ST 11
Feb 2026 · Floor 04 TO 06
-17.9% vs FV
Blk 156 TAMPINES ST 12
Feb 2026 · Floor 10 TO 12
-5.3% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property located in the highly sought-after Tampines region demonstrates significant market dynamism, with an estimated value of $2,682,600, translating to a remarkable $666 PSF. The property’s remaining lease of 75 years positions it favorably within the current market landscape, contributing to its appeal among prospective buyers seeking long-term residency in this vibrant district. The recent analysis indicates a robust market signal, reflecting an impressive 171.4% difference from the baseline valuation, which categorizes this property as being well above market expectations.
This valuation is supported by a comprehensive review of 300 recent HDB resale transactions within the vicinity, ensuring a high level of model confidence in the current pricing. The elevated market position of this HDB Executive unit is indicative of broader trends in the Tampines area, where demand continues to outpace supply, particularly for larger HDB units with extended leases. As the region undergoes further development and enhancement of amenities, this property stands to appreciate even further, making it a compelling investment for discerning buyers looking to capitalize on Singapore's evolving residential landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.