117 Simei Street 1 520117, Simei, East Region, Singapore
$720,000
The following locations are within radius of this property, with distance shown in kilometers.
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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…


License: L3002382K
Automated Valuation based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$649,447
S$586 psf
Asking Price
S$720,000
S$649 psf
vs Market
+10.9%
vs Last Done
-29.2%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Simei
278m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$651
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$586
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +56.5% vs FV | 99yr from 2011 |
Mar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +56.5% vs FV | 99yr from 2011 |
Mar 2026 | Blk 811 TAMPINES AVE 4 Floor 10 TO 12 | 980sqft | S$636,000 | ▲S$649 +10.8% vs FV | 99yr from 1985 |
Mar 2026 | Blk 868B TAMPINES AVE 8 Floor 04 TO 06 | 990sqft | S$735,000 | ▲S$742 +26.6% vs FV | 99yr from 2015 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 04 TO 06 | 1,001sqft | S$710,000 | ▲S$709 +21.0% vs FV | 99yr from 2021 |
Mar 2026 | Blk 879B TAMPINES AVE 8 Floor 13 TO 15 | 1,001sqft | S$770,000 | ▲S$769 +31.2% vs FV | 99yr from 2017 |
Mar 2026 | Blk 879 TAMPINES AVE 8 Floor 07 TO 09 | 1,119sqft | S$628,000 | ▼S$561 -4.3% vs FV | 99yr from 1988 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 13 TO 15 | 1,001sqft | S$793,888 | ▲S$793 +35.3% vs FV | 99yr from 2021 |
Mar 2026 | Blk 522B TAMPINES CTRL 7 Floor 13 TO 15 | 1,001sqft | S$808,000 | ▲S$807 +37.7% vs FV | 99yr from 2015 |
Mar 2026 | Blk 519B TAMPINES CTRL 8 Floor 07 TO 09 | 904sqft | S$851,500 | ▲S$942 +60.8% vs FV | 99yr from 2014 |
Mar 2026 | Blk 519A TAMPINES CTRL 8 Floor 04 TO 06 | 904sqft | S$865,000 | ▲S$957 +63.3% vs FV | 99yr from 2014 |
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+56.5% vs FV
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+56.5% vs FV
Blk 811 TAMPINES AVE 4
Mar 2026 · Floor 10 TO 12
+10.8% vs FV
Blk 868B TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+26.6% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+21.0% vs FV
Blk 879B TAMPINES AVE 8
Mar 2026 · Floor 13 TO 15
+31.2% vs FV
Blk 879 TAMPINES AVE 8
Mar 2026 · Floor 07 TO 09
-4.3% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 13 TO 15
+35.3% vs FV
Blk 522B TAMPINES CTRL 7
Mar 2026 · Floor 13 TO 15
+37.7% vs FV
Blk 519B TAMPINES CTRL 8
Mar 2026 · Floor 07 TO 09
+60.8% vs FV
Blk 519A TAMPINES CTRL 8
Mar 2026 · Floor 04 TO 06
+63.3% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit located in the highly sought-after district of Tampines reveals significant insights into the current property landscape. With a remaining lease of 60 years, this unit is estimated to hold a value of $649,447, translating to a price per square foot (PSF) of $586. This valuation positions the property above the market baseline by an impressive 10.9%, indicating a robust demand for HDB units in this region. The elevated price reflects not only the unit's appeal but also the broader market dynamics at play within the Tampines area.
Our confidence in this valuation is underscored by a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, providing a solid foundation for the estimated value. The premium valuation suggests that buyers are willing to invest above the market average, potentially driven by factors such as proximity to essential amenities, established transport links, and the overall desirability of the Tampines locale. As the landscape of Singapore's real estate continues to evolve, properties with such strong valuation metrics are likely to attract keen interest from prospective homeowners and investors alike.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.