HomeRentCondo Whole Unit2RMD14 - Eunos / Geylang / Paya Lebar2 Bed Condo for Rent in Simsville

2 Bed Condo for Rent in Simsville

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

$4,600 /month

Added 4 months ago
Beds: 2Baths: 2Area: 980 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Property Details

Property IDddSRL25h5qmtaz7emNXobb
PriceS$4,600
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths2
Built Area980 sqft
PSF
S$5
Year Built1998
Furnished StatusPartially furnished

Description

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

Location

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

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Total Transactions

55

Average Price

S1.4M

Total Value

S77.0M

Sales Timeline

Property Value Estimate

Estimated sale value based on 36 URA transactions

Fair Value

S$488,884

S$499 psf

Asking Price

S$4,600

S$5 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

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$499

Recent Comparable Transactions

10 shown · 36 total
Last Done

GEYLANG EAST AVENUE 2

Jul 2025 · Floor 11-15

S$1,429 psf

+186.4% 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

+186.4% 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

+181.0% 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

+191.4% 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

+175.4% 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

+184.0% 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

+166.5% 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

+181.0% 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

+172.7% 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

+160.9% 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

+170.9% vs FV

1,249 sqftS$1,688,00099 yrs lease commencing from 1994
Below Fair Value
Above Fair Value
FV: S$499 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.

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