124 Simei Street 1 520124, Simei, East Region, Singapore
$3,500 /month
The following locations are within radius of this property, with distance shown in kilometers.
Loading map...
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…
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Estimated sale value based on 212 HDB resale transactions (data.gov.sg)
Fair Value
S$476,407
S$527 psf
Asking Price
S$3,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
212 comps
Nearest MRT
Simei
346m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
212 comparable transactions
S$586
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$527
Recent Comparable Transactions
10 shown · 212 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 156 SIMEI RD Floor 10 TO 12 | 1,119sqft | S$658,000 | ▲S$588 +11.6% vs FV | 99yr from 1989 |
May 2026 | Blk 156 SIMEI RD Floor 10 TO 12 | 1,119sqft | S$658,000 | ▲S$588 +11.6% vs FV | 99yr from 1989 |
May 2026 | Blk 123 SIMEI ST 1 Floor 07 TO 09 | 1,119sqft | S$670,000 | ▲S$599 +13.7% vs FV | 99yr from 1988 |
May 2026 | Blk 231 SIMEI ST 4 Floor 04 TO 06 | 1,119sqft | S$640,000 | ▲S$572 +8.5% vs FV | 99yr from 1989 |
May 2026 | Blk 861 TAMPINES AVE 5 Floor 07 TO 09 | 1,119sqft | S$650,133 | ▲S$581 +10.2% vs FV | 99yr from 1988 |
May 2026 | Blk 503 TAMPINES CTRL 1 Floor 04 TO 06 | 1,130sqft | S$680,000 | ▲S$602 +14.2% vs FV | 99yr from 1990 |
May 2026 | Blk 108 TAMPINES ST 11 Floor 10 TO 12 | 1,109sqft | S$628,000 | ▲S$566 +7.4% vs FV | 99yr from 1984 |
May 2026 | Blk 141 TAMPINES ST 12 Floor 10 TO 12 | 1,141sqft | S$638,888 | ▲S$560 +6.3% vs FV | 99yr from 1984 |
May 2026 | Blk 141 TAMPINES ST 12 Floor 10 TO 12 | 1,109sqft | S$625,000 | ▲S$564 +7.0% vs FV | 99yr from 1984 |
May 2026 | Blk 240 TAMPINES ST 21 Floor 07 TO 09 | 1,119sqft | S$690,000 | ▲S$616 +16.9% vs FV | 99yr from 1984 |
May 2026 | Blk 261 TAMPINES ST 21 Floor 04 TO 06 | 1,109sqft | S$573,888 | ▼S$518 -1.7% vs FV | 99yr from 1984 |
Blk 156 SIMEI RD
May 2026 · Floor 10 TO 12
+11.6% vs FV
Blk 156 SIMEI RD
May 2026 · Floor 10 TO 12
+11.6% vs FV
Blk 123 SIMEI ST 1
May 2026 · Floor 07 TO 09
+13.7% vs FV
Blk 231 SIMEI ST 4
May 2026 · Floor 04 TO 06
+8.5% vs FV
Blk 861 TAMPINES AVE 5
May 2026 · Floor 07 TO 09
+10.2% vs FV
Blk 503 TAMPINES CTRL 1
May 2026 · Floor 04 TO 06
+14.2% vs FV
Blk 108 TAMPINES ST 11
May 2026 · Floor 10 TO 12
+7.4% vs FV
Blk 141 TAMPINES ST 12
May 2026 · Floor 10 TO 12
+6.3% vs FV
Blk 141 TAMPINES ST 12
May 2026 · Floor 10 TO 12
+7.0% vs FV
Blk 240 TAMPINES ST 21
May 2026 · Floor 07 TO 09
+16.9% vs FV
Blk 261 TAMPINES ST 21
May 2026 · Floor 04 TO 06
-1.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Tampines at an estimated value of $476,407, translating to $527 per square foot, reflects the current stability in the local housing market. With a remaining lease of 60 years, this property presents a compelling investment opportunity, particularly in a highly sought-after area like Tampines, which is known for its robust infrastructure and community amenities. The remaining lease period ensures that potential buyers have ample time to enjoy the property, while the valuation indicates a firm alignment with current market conditions.
Notably, the market signal reflects a 0% difference from the baseline, suggesting that this property is priced accurately within the current market context. This assessment is bolstered by a high model confidence rating, based on a substantial dataset of 212 recent HDB resale transactions in the vicinity. The stability of market prices in this region is indicative of sustained buyer interest, driven by the area's accessibility and the quality of life it offers. As such, this property is not only a home but also a strategic asset for investors and owner-occupiers alike, ensuring its relevance in an evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.