24 Simei Street 1 529946, Simei, East Region, Singapore
$1,100,000
Discover this well-maintained 2-bedroom apartment at Melville Park, conveniently located along Simei Street 1 in District 18. Priced at SGD 1,100,000, this unit offers a practical and spacious layout suitable for families, young professionals, or investors seeking a strategic property investment in Singapore. This active sale listing features two bathrooms and a generous living space, making it ideal for comfortable living or rental income. Situated in a sought-after development, the property provides easy access to local amenities, public transportation, and key locations in the eastern region. Ideal for those looking for a quality home or investment opportunity, this apartment combines affordability with potential for future appreciation. Don’t miss the chance to own a well-positioned property in Simei, with a straightforward purchase process and promising growth prospects.
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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Automated Valuation based on 226 URA transactions
Fair Value
S$1.08M
S$937 psf
Asking Price
S$1.10M
S$955 psf
vs Market
+1.9%
vs Last Done
-3.1%
Tenure
69 yrs
99-year Leasehold · Balance remaining
Confidence
High
226 comps
Nearest MRT
Simei
807m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
226 comparable transactions
S$893
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
0%
Adjusted Fair Value PSF
S$937
Recent Comparable Transactions
10 shown · 226 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 |
SIMEI STREET 1
Aug 2025 · Floor 11-15
+5.2% vs FV
SIMEI STREET 1
Aug 2025 · Floor 11-15
+5.2% vs FV
SIMEI STREET 1
Aug 2025 · Floor 01-05
-1.9% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+4.7% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
+1.2% vs FV
SIMEI STREET 1
Jul 2025 · Floor 06-10
-5.0% vs FV
SIMEI STREET 1
Jul 2025 · Floor 11-15
+6.5% vs FV
SIMEI STREET 1
Jun 2025 · Floor 01-05
+4.1% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+15.3% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+2.6% vs FV
SIMEI STREET 1
Jun 2025 · Floor 06-10
+1.5% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.