148 Simei Street 1 520148, Simei, East Region, Singapore
$850,000
A rare opportunity to own a spacious unique layout, renovated, corner 5-room, (Improved) HDB (approx. 123 sqm) in the heart of Simei, a highly sought-after mature estate known for its convenience, schools, and family-friendly living. Homes of this size are increasingly hard to find, making this unit ideal for families upgrading or buyers who value space, layout, and long-term liveability. Key Highlights • Approx. 123 sqm / 1,323+ sqft – significantly larger than newer 5-room flats • Efficient, squarish layout – easy to renovate and reconfigure • Mid-floor unit – good privacy, natural light & ventilation • Peaceful mature estate with full amenities nearby • Move-in ready or renovate to your taste Location & Connectivity • Walking distance to Simei MRT (EW3) • Easy access to PIE & ECP • Short commute to: • Changi Business Park • Airport & aviation hub • Tampines Regional Centre Schools & Amenities • Near established schools such as: • Simei Primary School • Changkat Primary School • Angsana Primary School • Close to markets, eateries, parks, and daily conveniences Ideal For • Families upgrading from 3- or 4-room flats • Multi-generation households • Buyers prioritising space + MRT + schools over condo facilities Viewings by appointment only Oversized 5-room units in Simei are limited and in strong demand. Contact now Rekael Das @ 9119XXXX to secure a private viewing Oversized 5-room units in Simei are limited and in strong demand. Contact now to secure a private viewing.
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…
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Automated Valuation based on 143 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$677,027
S$511 psf
Asking Price
S$850,000
S$642 psf
vs Market
+25.5%
vs Last Done
+8.8%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
143 comps
Nearest MRT
Simei
445m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
143 comparable transactions
S$568
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$511
Recent Comparable Transactions
10 shown · 143 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 154 SIMEI ST 1 Floor 07 TO 09 | 1,313sqft | S$775,000 | ▲S$590 +15.5% vs FV | 99yr from 1988 |
May 2026 | Blk 154 SIMEI ST 1 Floor 07 TO 09 | 1,313sqft | S$775,000 | ▲S$590 +15.5% vs FV | 99yr from 1988 |
May 2026 | Blk 126 SIMEI ST 1 Floor 01 TO 03 | 1,313sqft | S$700,000 | ▲S$533 +4.3% vs FV | 99yr from 1988 |
May 2026 | Blk 150 SIMEI ST 1 Floor 01 TO 03 | 1,313sqft | S$725,000 | ▲S$552 +8.0% vs FV | 99yr from 1987 |
May 2026 | Blk 162 TAMPINES ST 12 Floor 04 TO 06 | 1,432sqft | S$845,000 | ▲S$590 +15.5% vs FV | 99yr from 1984 |
May 2026 | Blk 260 TAMPINES ST 21 Floor 07 TO 09 | 1,432sqft | S$770,000 | ▲S$538 +5.3% vs FV | 99yr from 1984 |
May 2026 | Blk 288 TAMPINES ST 22 Floor 07 TO 09 | 1,432sqft | S$720,000 | ▼S$503 -1.6% vs FV | 99yr from 1984 |
Apr 2026 | Blk 156 SIMEI RD Floor 04 TO 06 | 1,313sqft | S$750,000 | ▲S$571 +11.7% vs FV | 99yr from 1989 |
Apr 2026 | Blk 163 SIMEI RD Floor 04 TO 06 | 1,313sqft | S$728,000 | ▲S$554 +8.4% vs FV | 99yr from 1989 |
Apr 2026 | Blk 138 SIMEI ST 1 Floor 10 TO 12 | 1,313sqft | S$750,000 | ▲S$571 +11.7% vs FV | 99yr from 1988 |
Apr 2026 | Blk 120 SIMEI ST 1 Floor 07 TO 09 | 1,378sqft | S$760,000 | ▲S$552 +8.0% vs FV | 99yr from 1988 |
Blk 154 SIMEI ST 1
May 2026 · Floor 07 TO 09
+15.5% vs FV
Blk 154 SIMEI ST 1
May 2026 · Floor 07 TO 09
+15.5% vs FV
Blk 126 SIMEI ST 1
May 2026 · Floor 01 TO 03
+4.3% vs FV
Blk 150 SIMEI ST 1
May 2026 · Floor 01 TO 03
+8.0% vs FV
Blk 162 TAMPINES ST 12
May 2026 · Floor 04 TO 06
+15.5% vs FV
Blk 260 TAMPINES ST 21
May 2026 · Floor 07 TO 09
+5.3% vs FV
Blk 288 TAMPINES ST 22
May 2026 · Floor 07 TO 09
-1.6% vs FV
Blk 156 SIMEI RD
Apr 2026 · Floor 04 TO 06
+11.7% vs FV
Blk 163 SIMEI RD
Apr 2026 · Floor 04 TO 06
+8.4% vs FV
Blk 138 SIMEI ST 1
Apr 2026 · Floor 10 TO 12
+11.7% vs FV
Blk 120 SIMEI ST 1
Apr 2026 · Floor 07 TO 09
+8.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $677,027, translating to a per square foot (PSF) rate of $511. This valuation is notably positioned at a premium, reflecting a 25.5% increase above the baseline market rate. Such a significant deviation indicates strong demand and desirability for HDB properties within this region, which is reinforced by the robust market activity evidenced by 143 recent resale transactions in the vicinity.
Market dynamics in Tampines suggest a confluence of factors contributing to this above-market valuation. The area is recognized for its strategic location, comprehensive amenities, and evolving infrastructure, which attracts families and young professionals alike. The high model confidence further supports the valuation's reliability, suggesting that the data derived from recent comparable sales is robust and reflective of current market sentiments. Investors and homebuyers should take note of this positive market signal, as it underscores the potential for sustained appreciation in property values within this vibrant estate.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.