HomeBuyAll3RMD14 - Eunos / Geylang / Paya Lebar3 Bed Condo for Sale in Simsville

3 Bed Condo for Sale in Simsville

8 Geylang East Avenue 2 389757, Aljunied, Central Region, Singapore

$1,800,000

Added 4 months ago
Beds: 3Baths: 2Area: 969 sqft
Above Market· 36.8% above market
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IMAGES GALLERY

Property Details

Property ID6Vy84EKPfbgwpgyzNuE7CJ
PriceS$1,800,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area969 sqft
PSF
S$1,858
Year Built1998
Furnished StatusUnknown

Description

Features & Amenities
Playground
Bbq
Wading pool
Swimming pool
Gym
Parking
Jacuzzi
Security
Tennis court
Clubhouse
Fitness corner

Location

8 Geylang East Avenue 2 389757, Aljunied, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

55

Average Price

S1.4M

Total Value

S77.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 36 URA transactions

Fair Value

S$1.32M

S$1,358 psf

Asking Price

S$1.80M

S$1,858 psf

vs Market

+36.8%

Above Market

vs Last Done

+30.0%

Above Market

Tenure

71 yrs

99-year Leasehold · Balance remaining

Confidence

High

36 comps

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

Nearest MRT

Paya Lebar

422m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

36 comparable transactions

S$1,313

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.369

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,358

Recent Comparable Transactions

10 shown · 36 total
Last Done

GEYLANG EAST AVENUE 2

Jul 2025 · Floor 11-15

S$1,429 psf

+5.2% vs FV

980 sqftS$1,400,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jul 2025 · Floor 11-15

S$1,429 psf

+5.2% vs FV

980 sqftS$1,400,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jan 2025 · Floor 06-10

S$1,402 psf

+3.2% vs FV

1,238 sqftS$1,735,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Dec 2024 · Floor 06-10

S$1,454 psf

+7.1% vs FV

1,238 sqftS$1,800,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Nov 2024 · Floor 06-10

S$1,374 psf

+1.2% vs FV

1,528 sqftS$2,100,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Oct 2024 · Floor 16-20

S$1,417 psf

+4.3% vs FV

980 sqftS$1,388,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Sep 2024 · Floor 06-10

S$1,330 psf

-2.1% vs FV

969 sqftS$1,288,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Aug 2024 · Floor 06-10

S$1,402 psf

+3.2% vs FV

1,249 sqftS$1,750,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jul 2024 · Floor 06-10

S$1,361 psf

+0.2% vs FV

1,249 sqftS$1,700,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jul 2024 · Floor 01-05

S$1,302 psf

-4.1% vs FV

980 sqftS$1,275,00099 yrs lease commencing from 1994

GEYLANG EAST AVENUE 2

Jun 2024 · Floor 06-10

S$1,352 psf

-0.4% vs FV

1,249 sqftS$1,688,00099 yrs lease commencing from 1994
Below Fair Value
Above Fair Value
FV: S$1,358 psf

HELIOS AI Analysis

Based on 36 URA transactions (0 outliers removed), adjusted for: Tenure decay (63.1% discount); MRT Paya Lebar 422m away (+3%)

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

Joey Chua

Joey Chua

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 9682 xxxx
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