2 Simei Rise 528800, Simei, East Region, Singapore
$4,350 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
141
Average Price
S1.3M
Total Value
S180.6M
Calculating fair value from URA transaction data…
Estimated sale value based on 122 URA transactions
Fair Value
S$559,840
S$495 psf
Asking Price
S$4,350
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.6%
Tenure
77 yrs
99-year Leasehold · Balance remaining
Confidence
High
122 comps
Nearest MRT
Upper Changi
795m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
122 comparable transactions
S$1,042
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.470
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$495
Recent Comparable Transactions
10 shown · 122 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | SIMEI RISE Floor 06-10 | 1,130sqft | S$1,290,000 | ▲S$1,141 +130.5% vs FV | 99 yrs lease commencing from 2000 |
Jul 2025 | SIMEI RISE Floor 06-10 | 1,130sqft | S$1,290,000 | ▲S$1,141 +130.5% vs FV | 99 yrs lease commencing from 2000 |
Jun 2025 | SIMEI RISE Floor 01-05 | 1,475sqft | S$1,800,000 | ▲S$1,221 +146.7% vs FV | 99 yrs lease commencing from 2000 |
Jun 2025 | SIMEI RISE Floor 06-10 | 1,130sqft | S$1,280,000 | ▲S$1,133 +128.9% vs FV | 99 yrs lease commencing from 2000 |
May 2025 | SIMEI RISE Floor 06-10 | 1,496sqft | S$1,660,000 | ▲S$1,109 +124.0% vs FV | 99 yrs lease commencing from 2000 |
Mar 2025 | SIMEI RISE Floor 01-05 | 1,496sqft | S$1,710,000 | ▲S$1,143 +130.9% vs FV | 99 yrs lease commencing from 2000 |
Feb 2025 | SIMEI RISE Floor 06-10 | 1,130sqft | S$1,238,000 | ▲S$1,095 +121.2% vs FV | 99 yrs lease commencing from 2000 |
Feb 2025 | SIMEI RISE Floor 06-10 | 1,130sqft | S$1,298,000 | ▲S$1,148 +131.9% vs FV | 99 yrs lease commencing from 2000 |
Jan 2025 | SIMEI RISE Floor 06-10 | 1,281sqft | S$1,483,000 | ▲S$1,158 +133.9% vs FV | 99 yrs lease commencing from 2000 |
Jan 2025 | SIMEI RISE Floor 01-05 | 1,658sqft | S$1,620,000 | ▲S$977 +97.4% vs FV | 99 yrs lease commencing from 2000 |
Dec 2024 | SIMEI RISE Floor 01-05 | 1,475sqft | S$1,530,000 | ▲S$1,038 +109.7% vs FV | 99 yrs lease commencing from 2000 |
SIMEI RISE
Jul 2025 · Floor 06-10
+130.5% vs FV
SIMEI RISE
Jul 2025 · Floor 06-10
+130.5% vs FV
SIMEI RISE
Jun 2025 · Floor 01-05
+146.7% vs FV
SIMEI RISE
Jun 2025 · Floor 06-10
+128.9% vs FV
SIMEI RISE
May 2025 · Floor 06-10
+124.0% vs FV
SIMEI RISE
Mar 2025 · Floor 01-05
+130.9% vs FV
SIMEI RISE
Feb 2025 · Floor 06-10
+121.2% vs FV
SIMEI RISE
Feb 2025 · Floor 06-10
+131.9% vs FV
SIMEI RISE
Jan 2025 · Floor 06-10
+133.9% vs FV
SIMEI RISE
Jan 2025 · Floor 01-05
+97.4% vs FV
SIMEI RISE
Dec 2024 · Floor 01-05
+109.7% vs FV
HELIOS AI Analysis
Based on 122 URA transactions (0 outliers removed), adjusted for: Tenure decay (52.9% discount); MRT Upper Changi 795m away (+1%)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.