Home Buy Condominium Apartment 3RM D18 - Pasir Ris / Tampines3 Bed Apartment (Condo) for Sale in Melville Park

3 Bed Apartment (Condo) for Sale in Melville Park

12 Simei Street 1 529940, Simei, East Region, Singapore

$1,350,000

Added a month ago

ApartmentFor sale

Beds: 3Baths: 3Area: 1346 sqft

Above Market· 7.1% above market

Nearest MRT Station

Tampines

East-West Line EW2

walk•

Property Details

Property IDH6pKkdY7B85PEAoFWnL5Xx

PriceS$1,350,000

Property TypeApartment

StatusFor sale

Beds3

Baths3

Built Area1346 sqft

PSF

S$1,003

Year Built1996

Furnished StatusUnknown

Description

Features & Amenities

Bbq

Tennis court

Playground

Gym

Security

Clubhouse

Sauna

Wading pool

Parking

Swimming pool

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

MRT Stations

Tampines

East-West Line (EW2)

0.22km

Tampines

Downtown Line (DT32)

0.22km

Tampines North

Cross-Island Line (CR6)

0.22km

Location

12 Simei Street 1 529940, Simei, East Region, Singapore

Loading map...

Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

Total Value

Sales Timeline

No timeline data available

No data available

No transaction data found. This could be due to:

No transactions in the selected radius
Invalid date formats in transaction data
Missing price or area information
Current filter settings excluding all transactions

Home Report · AVM Fair Value

Automated Valuation based on 230 URA transactions

Fair Value

S$1.26M

S$937 psf

Asking Price

S$1.35M

S$1,003 psf

vs Market

+7.1%

Above Market

vs Last Done

+1.7%

Market Price

Tenure

69 yrs

99-year Leasehold · Balance remaining

Confidence

High

230 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Simei

807m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

230 comparable transactions

S$892

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.339

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$937

Recent Comparable Transactions

10 shown · 230 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	SIMEI STREET 1 Floor 11-15	1,044sqft	S$1,030,000	▲S$986 +5.2% vs FV	99 yrs lease commencing from 1992
Aug 2025	SIMEI STREET 1 Floor 11-15	1,044sqft	S$1,030,000	▲S$986 +5.2% vs FV	99 yrs lease commencing from 1992
Aug 2025	SIMEI STREET 1 Floor 01-05	958sqft	S$880,000	▼S$919 -1.9% vs FV	99 yrs lease commencing from 1992
Jul 2025	SIMEI STREET 1 Floor 06-10	958sqft	S$940,000	▲S$981 +4.7% vs FV	99 yrs lease commencing from 1992
Jul 2025	SIMEI STREET 1 Floor 06-10	936sqft	S$888,000	▲S$948 +1.2% vs FV	99 yrs lease commencing from 1992
Jul 2025	SIMEI STREET 1 Floor 06-10	1,399sqft	S$1,245,888	▼S$890 -5.0% vs FV	99 yrs lease commencing from 1992
Jul 2025	SIMEI STREET 1 Floor 11-15	1,302sqft	S$1,300,000	▲S$998 +6.5% vs FV	99 yrs lease commencing from 1992
Jun 2025	SIMEI STREET 1 Floor 01-05	1,302sqft	S$1,270,000	▲S$975 +4.1% vs FV	99 yrs lease commencing from 1992
Jun 2025	SIMEI STREET 1 Floor 06-10	958sqft	S$1,035,000	▲S$1,080 +15.3% vs FV	99 yrs lease commencing from 1992
Jun 2025	SIMEI STREET 1 Floor 06-10	936sqft	S$900,000	▲S$961 +2.6% vs FV	99 yrs lease commencing from 1992
Jun 2025	SIMEI STREET 1 Floor 06-10	1,346sqft	S$1,280,000	▲S$951 +1.5% vs FV	99 yrs lease commencing from 1992

Last Done

SIMEI STREET 1

Aug 2025 · Floor 11-15

▲S$986 psf

+5.2% vs FV

1,044 sqftS$1,030,00099 yrs lease commencing from 1992

SIMEI STREET 1

Aug 2025 · Floor 11-15

▲S$986 psf

+5.2% vs FV

1,044 sqftS$1,030,00099 yrs lease commencing from 1992

SIMEI STREET 1

Aug 2025 · Floor 01-05

▼S$919 psf

-1.9% vs FV

958 sqftS$880,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jul 2025 · Floor 06-10

▲S$981 psf

+4.7% vs FV

958 sqftS$940,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jul 2025 · Floor 06-10

▲S$948 psf

+1.2% vs FV

936 sqftS$888,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jul 2025 · Floor 06-10

▼S$890 psf

-5.0% vs FV

1,399 sqftS$1,245,88899 yrs lease commencing from 1992

SIMEI STREET 1

Jul 2025 · Floor 11-15

▲S$998 psf

+6.5% vs FV

1,302 sqftS$1,300,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jun 2025 · Floor 01-05

▲S$975 psf

+4.1% vs FV

1,302 sqftS$1,270,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jun 2025 · Floor 06-10

▲S$1,080 psf

+15.3% vs FV

958 sqftS$1,035,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jun 2025 · Floor 06-10

▲S$961 psf

+2.6% vs FV

936 sqftS$900,00099 yrs lease commencing from 1992

SIMEI STREET 1

Jun 2025 · Floor 06-10

▲S$951 psf

+1.5% vs FV

1,346 sqftS$1,280,00099 yrs lease commencing from 1992

Below Fair Value

Above Fair Value

FV: S$937 psf

HELIOS AI Analysis

Based on 230 URA transactions (0 outliers removed), adjusted for: Tenure decay (66.1% discount); MRT Simei 807m away (+1%)

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

Calculating fair value from URA transaction data…

ASIF ALI RAMJOO

License: L3009832B

3 Bed Apartment (Condo) for Sale in Melville Park

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

MRT Stations

Tampines

Tampines

Tampines North

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

No data available

Home Report · AVM Fair Value

ASIF ALI RAMJOO

Similar Properties

Home Report · AVM Fair Value