137 Simei Street 1 520137, Simei, East Region, Singapore
$4,000 /month
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: L3008022J
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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$468,089
S$518 psf
Asking Price
S$4,000
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Simei
585m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$592
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$518
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 137 SIMEI ST 1 Floor 04 TO 06 | 904sqft | S$531,000 | ▲S$587 +13.3% vs FV | 99yr from 1988 |
Jan 2026 | Blk 137 SIMEI ST 1 Floor 04 TO 06 | 904sqft | S$531,000 | ▲S$587 +13.3% vs FV | 99yr from 1988 |
Nov 2025 | Blk 137 SIMEI ST 1 Floor 04 TO 06 | 904sqft | S$540,000 | ▲S$597 +15.3% vs FV | 99yr from 1988 |
Blk 137 SIMEI ST 1
Jan 2026 · Floor 04 TO 06
+13.3% vs FV
Blk 137 SIMEI ST 1
Jan 2026 · Floor 04 TO 06
+13.3% vs FV
Blk 137 SIMEI ST 1
Nov 2025 · Floor 04 TO 06
+15.3% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $468,089, equating to a price per square foot (PSF) of $518. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment in the area. The current valuation is derived from recent HDB resale transactions, specifically two comparable sales within the vicinity, which provide a limited but insightful data point to inform this assessment.
It is important to note that the model confidence for this valuation is categorized as low, indicating potential volatility in market perceptions and price adjustments. The remaining lease of 60 years can also play a significant role in future value fluctuations, as properties with shorter leases often face increased buyer skepticism, impacting resale potential. As the market dynamics evolve, observers should monitor both the local economic factors and broader trends in HDB transactions to better gauge the future trajectory of property values in this region.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.