109 Simei Street 1 520109, Simei, East Region, Singapore
$673,000
New List! Don’t Miss Motivated Seller - Viewing Available By Appointment - - High/ Lift Floor - Spacious, Bright & Extremely Windy - No West Sun, Partial Unblocked - Very Well Kept Condition - Functional Layout, No Odd Shapes - Great Location! Mins Walk To MRT, Mall, Shops, Eateries, Schools & Many Others - All Races & SPRs Are Eligible - Buyer Can Contra, No Need Extension Please Kindly Contact Ashley Chai 9029 XXXX For viewing Now! Discover your dream home! This stunning 3 bedroom, 2 bathroom HDB located at 109, Simei Street 1, Singapore, is now available for sale. With a spacious area of 1119 sqft, this property offers ample room for comfortable living. You’ll love the convenience of nearby amenities: Simei MRT station (0.5 km) is just a short walk away, making your daily commute a breeze. For families, SAFRA Tampines (0.6 km) and Smiling Star Speedy Chinese Character Recognition (0.7 km) provide excellent educational opportunities. Shopping enthusiasts will appreciate the proximity to Eastpoint Mall (0.5 km) and Simei Plaza (0.6 km) for all your retail needs. Grocery shopping is easy with FairPrice at Eastpoint Mall (0.5 km) and FairPrice Tampines (0.7 km) just around the corner. Embrace the vibrant lifestyle this location offers. Don't miss this opportunity—seize the chance to own this beautiful HDB home today!
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: L3002382K
Automated Valuation based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$655,025
S$585 psf
Asking Price
S$673,000
S$601 psf
vs Market
+2.7%
vs Last Done
-34.5%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Simei
378m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$650
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$585
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +56.8% vs FV | 99yr from 2011 |
Mar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +56.8% vs FV | 99yr from 2011 |
Mar 2026 | Blk 811 TAMPINES AVE 4 Floor 10 TO 12 | 980sqft | S$636,000 | ▲S$649 +10.9% vs FV | 99yr from 1985 |
Mar 2026 | Blk 868B TAMPINES AVE 8 Floor 04 TO 06 | 990sqft | S$735,000 | ▲S$742 +26.8% vs FV | 99yr from 2015 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 04 TO 06 | 1,001sqft | S$710,000 | ▲S$709 +21.2% vs FV | 99yr from 2021 |
Mar 2026 | Blk 879B TAMPINES AVE 8 Floor 13 TO 15 | 1,001sqft | S$770,000 | ▲S$769 +31.5% vs FV | 99yr from 2017 |
Mar 2026 | Blk 879 TAMPINES AVE 8 Floor 07 TO 09 | 1,119sqft | S$628,000 | ▼S$561 -4.1% vs FV | 99yr from 1988 |
Mar 2026 | Blk 522B TAMPINES CTRL 7 Floor 13 TO 15 | 1,001sqft | S$808,000 | ▲S$807 +37.9% vs FV | 99yr from 2015 |
Mar 2026 | Blk 519B TAMPINES CTRL 8 Floor 07 TO 09 | 904sqft | S$851,500 | ▲S$942 +61.0% vs FV | 99yr from 2014 |
Mar 2026 | Blk 519A TAMPINES CTRL 8 Floor 04 TO 06 | 904sqft | S$865,000 | ▲S$957 +63.6% vs FV | 99yr from 2014 |
Mar 2026 | Blk 610C TAMPINES NTH DR 1 Floor 04 TO 06 | 1,001sqft | S$735,000 | ▲S$734 +25.5% vs FV | 99yr from 2020 |
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+56.8% vs FV
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+56.8% vs FV
Blk 811 TAMPINES AVE 4
Mar 2026 · Floor 10 TO 12
+10.9% vs FV
Blk 868B TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+26.8% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+21.2% vs FV
Blk 879B TAMPINES AVE 8
Mar 2026 · Floor 13 TO 15
+31.5% vs FV
Blk 879 TAMPINES AVE 8
Mar 2026 · Floor 07 TO 09
-4.1% vs FV
Blk 522B TAMPINES CTRL 7
Mar 2026 · Floor 13 TO 15
+37.9% vs FV
Blk 519B TAMPINES CTRL 8
Mar 2026 · Floor 07 TO 09
+61.0% vs FV
Blk 519A TAMPINES CTRL 8
Mar 2026 · Floor 04 TO 06
+63.6% vs FV
Blk 610C TAMPINES NTH DR 1
Mar 2026 · Floor 04 TO 06
+25.5% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB property in Tampines, with a remaining lease of 60 years, stands at an estimated value of $655,025, translating to a price per square foot (PSF) of $585. This valuation reflects a significant understanding of the current market dynamics, as evidenced by a mere 2.7% difference from the baseline market price. Such a narrow margin indicates a robust demand for HDB properties in the vicinity, showcasing resilience in the face of evolving economic conditions.
Our model confidence remains high, supported by an extensive analysis of 500 recent HDB resale transactions within the area. This data-driven approach not only reinforces the credibility of the valuation but also highlights the strong liquidity and buyer interest in the Tampines region. The remaining lease period, while moderately extensive, aligns with buyer expectations, ensuring that prospective homeowners recognize the long-term value proposition inherent in HDB living. As the market continues to evolve, this property stands out as a noteworthy investment opportunity in one of Singapore's most sought-after residential locales.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.