255 Simei Street 1 520255, Simei, East Region, Singapore
$928,000
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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$906,365
S$713 psf
Asking Price
S$928,000
S$730 psf
vs Market
+2.4%
vs Last Done
+4.4%
Tenure
68 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Simei
202m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$699
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.971
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$713
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 255 SIMEI ST 1 Floor 10 TO 12 | 1,270sqft | S$888,000 | ▼S$699 -2.0% vs FV | 99yr from 1996 |
Mar 2026 | Blk 255 SIMEI ST 1 Floor 10 TO 12 | 1,270sqft | S$888,000 | ▼S$699 -2.0% vs FV | 99yr from 1996 |
Blk 255 SIMEI ST 1
Mar 2026 · Floor 10 TO 12
-2.0% vs FV
Blk 255 SIMEI ST 1
Mar 2026 · Floor 10 TO 12
-2.0% vs FV
HELIOS AI Analysis
In the current valuation of a 5-room HDB unit in Tampines, the estimated market value stands at $906,365, translating to a price per square foot (PSF) of $713. With a remaining lease of 68 years, this property is positioned in a segment of the market that typically attracts a demographic of both young families and investors seeking stable long-term returns. The calculated market signal indicates a 2.4% difference from the baseline, suggesting a relatively stable yet slightly competitive environment for similar properties in the area.
However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on just one recent HDB resale transaction in the vicinity. This limited data point underscores the need for cautious interpretation of the estimated value, as market dynamics can shift rapidly, especially in a diverse and densely populated region like Tampines. Potential buyers and investors should consider the implications of the remaining lease and the surrounding market conditions, which could significantly influence the property's future appreciation and overall investment viability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.