HomeBuyAll2RMD14 - Eunos / Geylang / Paya Lebar2 Bed Condo for Sale in Simsville

2 Bed Condo for Sale in Simsville

2 Geylang East Avenue 2 389754, Aljunied, Central Region, Singapore

$1,480,000

Added 24 days ago
Beds: 2Baths: 2Area: 969 sqft
Above Market· 141.3% above market
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IMAGES GALLERY

Property Details

Property IDNhmmmfMFcPGrBDFBKKRSn2
PriceS$1,480,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area969 sqft
PSF
S$1,527
Year Built1998
Furnished StatusUnfurnished

Description

Discover the epitome of modern living with this stunning condominium available for sale now at 2, Geylang East Avenue 2, Singapore. This spacious 969 sqft unit features 2 bedrooms and 2 bathrooms, offering ample space for comfort and relaxation. Enjoy breathtaking city views and the convenience of a security guard and covered car parking. Situated in a prime location, this property is just a short 0.75 km walk from Aljunied MRT station, ensuring effortless connectivity across the city. For families, the renowned Kong Hwa School is conveniently located just 0.9 km away. Shopping enthusiasts will appreciate the proximity to Tanjong Katong Complex (1.1 km) and Grandlink Square (0.5 km), providing a variety of retail and dining options. For your daily necessities, FairPrice Geylang Lorong 38 is just 0.5 km away, making grocery shopping a breeze. This condominium offers the perfect blend of modern convenience and serene living. Don't miss the opportunity to make this exceptional property your new home. With its strategic location and superb amenities, it's poised to offer an unparalleled living experience. Seize this opportunity today and make your dream home a reality!

Development Information

District & Area

D14 - Geylang

Nearest MRT

Paya Lebar MRT · 6 min walk

Tenure

99 years

TOP Date

1 January 1998

Project Size

Medium (522 units)

522 units

Building Structure

6 Blocks, 16 Floors

Developer

Sims Place Realty Ltd (Dbs Land)

Unit Configuration
Bedroom Types2, 3 Bedroom
Floor Plan Details

Simsville has a total of 522 units, from 2 Bed - 2 Bath to 3 Bed - 2 Bath units. There are 7 types of floor plans from 969 sqft to 1,528 sqft.

Site Plan

Simsville has 6 blocks and up to 16 storeys.

Development Facilities
BBQClubhouseFitness CornerGymJacuzziParkingPlaygroundSecuritySwimming PoolTennis CourtWading Pool
About This Development

Simsville is a 99 years leasehold Generic Condo development located in Geylang, District 14. Completed in 1998, it has a total of 6 blocks within the development and comprises a total of 522 units. It is within walking distance to MRT stations such as Paya Lebar MRT and Paya Lebar MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Simsville is also close to schools like Arts In Motion Pte Ltd, Theosophical Society Singapore Lodge The and Tuition Singapore - ManyTutors Home Tuition. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Sheng Siong Supermarket and FairPrice Geylang Lorong for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dr Anthony Tay. Winlink E-Hub is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Geylang East Grove Community Garden, to enjoy some fresh air.

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

Location

2 Geylang East Avenue 2 389754, Aljunied, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

55

Average Price

S1.4M

Total Value

S77.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 563 URA transactions

Fair Value

S$613,266

S$633 psf

Asking Price

S$1.48M

S$1,527 psf

vs Market

+141.3%

Above Market

vs Last Done

+21.2%

Above Market

Tenure

71 yrs

99-year Leasehold · Balance remaining

Confidence

High

563 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

563 comparable transactions

S$1,633

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

+2%

Adjusted Fair Value PSF

S$633

Recent Comparable Transactions

10 shown · 563 total
Last Done

LORONG 33 GEYLANG

Aug 2025 · Floor 01-05

S$1,260 psf

+99.1% vs FV

936 sqftS$1,180,000Freehold

LORONG 33 GEYLANG

Aug 2025 · Floor 01-05

S$1,260 psf

+99.1% vs FV

936 sqftS$1,180,000Freehold

GEYLANG EAST AVENUE 1

Aug 2025 · Floor 11-15

S$1,900 psf

+200.2% vs FV

947 sqftS$1,800,00099 yrs lease commencing from 2014

PAYA LEBAR ROAD

Aug 2025 · Floor 16-20

S$2,188 psf

+245.7% vs FV

484 sqftS$1,060,00099 yrs lease commencing from 2015

LORONG 36 GEYLANG

Jul 2025 · Floor 06-10

S$1,308 psf

+106.6% vs FV

1,023 sqftS$1,338,000Freehold

LORONG 32 GEYLANG

Jul 2025 · Floor 01-05

S$1,589 psf

+151.0% vs FV

409 sqftS$650,000Freehold

LORONG 39 GEYLANG

Jul 2025 · Floor 06-10

S$1,619 psf

+155.8% vs FV

549 sqftS$888,888Freehold

LORONG 35 GEYLANG

Jul 2025 · Floor 01-05

S$1,659 psf

+162.1% vs FV

452 sqftS$750,000Freehold

LORONG 36 GEYLANG

Jul 2025 · Floor 06-10

S$1,370 psf

+116.4% vs FV

861 sqftS$1,180,000Freehold

GEYLANG EAST AVENUE 1

Jul 2025 · Floor 11-15

S$1,939 psf

+206.3% vs FV

947 sqftS$1,836,88899 yrs lease commencing from 2014

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

S$2,057 psf

+225.0% vs FV

904 sqftS$1,860,00099 yrs lease commencing from 2015
Below Fair Value
Above Fair Value
FV: S$633 psf

HELIOS AI-Detected Boosters

city view

HELIOS AI Analysis

Based on 563 URA transactions (0 outliers removed), adjusted for: Tenure decay (63.1% discount); MRT Paya Lebar 422m away (+3%); AI-detected value boosters: city view (+2% condition premium)

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

Jos Chang 张仪楠

Jos Chang 张仪楠

SRI PTE. LTD.

License: L3010738A

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