234 Simei Street 4 520234, Simei, East Region, Singapore
$868,000
Your Property Trusted Advisor At Your Service ~ ERA Sandy Hong 9787XXXX Sole Marketing Agent for this unit! Spacious High-Floor Corner Home with Flexible Layout in Prime Simei This well-sized 5I corner unit offers a bright, breezy setting with a functional squarish layout—ideal for families and multi-generation living. Move-in ease with pure selling and no extension required, plus the option to carve out a fourth bedroom to suit evolving needs. - Address: 243 Simei Street 5 - Type: 5I HDB, high floor, corner unit - Price: $868,000 nego! - Size: 121 sqm / 1,302 sq ft - Bedrooms: 3 (potential to create 4) - Remaining lease: 69 years - Layout: Squarish, efficient planning, excellent cross ventilation - Sale status: Pure selling, no extension stay - Nearby conveniences: Multiple coffeeshops, supermarket options, clinics, bakeries, wet market, neighbourhood retail, parks and fitness corners, with easy access to Changi Business Park and major expressways Schools within proximity: - PCF Sparkletots @ Changi-Simei Blk 131 (0.22km) - PCF Sparkletots @ Changi-Simei Blk 119 (0.34km) - Changkat Primary School (0.51km) - Changkat Changi Secondary School (0.52km) - PCF Sparkletots @ Tampines-Changkat Blk 284 (0.64km) - Paper Scissors Stone Montessori Kindergarten (0.72km) - Little Shepherds' Schoolhouse @ Church of the Holy Trinity (0.84km) - PCF Sparkletots @ Tampines-Changkat Blk 318 (0.86km) - Chongzheng Primary School (0.86km) - Yumin Primary School (0.97km) MRT/LRT connectivity: - Simei MRT (0.19km) - Upper Changi MRT (0.76km) Secure a rare high-floor corner home with space, convenience, and future flexibility. For viewing arrangements and details, contact SANDY HONG at 9787XXXX.
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 145 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$659,597
S$511 psf
Asking Price
S$868,000
S$672 psf
vs Market
+31.6%
vs Last Done
+13.9%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
145 comps
Nearest MRT
Simei
230m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
145 comparable transactions
S$567
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 · 145 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 107 SIMEI ST 1 Floor 01 TO 03 | 1,313sqft | S$665,000 | ▼S$506 -1.0% vs FV | 99yr from 1988 |
May 2026 | Blk 106 SIMEI ST 1 Floor 04 TO 06 | 1,313sqft | S$753,000 | ▲S$573 +12.1% vs FV | 99yr from 1988 |
May 2026 | Blk 488A TAMPINES AVE 9 Floor 07 TO 09 | 1,302sqft | S$740,000 | ▲S$568 +11.2% vs FV | 99yr from 1989 |
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 |
May 2026 | Blk 412 TAMPINES ST 41 Floor 10 TO 12 | 1,324sqft | S$788,000 | ▲S$595 +16.4% vs FV | 99yr from 1985 |
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 107 SIMEI ST 1
May 2026 · Floor 01 TO 03
-1.0% vs FV
Blk 106 SIMEI ST 1
May 2026 · Floor 04 TO 06
+12.1% vs FV
Blk 488A TAMPINES AVE 9
May 2026 · Floor 07 TO 09
+11.2% 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 412 TAMPINES ST 41
May 2026 · Floor 10 TO 12
+16.4% vs FV
HELIOS AI Analysis
The valuation of this 5-room HDB unit in Tampines, with a remaining lease of 60 years, is estimated at $659,597 or $511 PSF. This valuation reflects a substantial premium, indicating an above-market position with a remarkable 31.6% difference from the baseline value. Such a discrepancy signals a robust demand for HDB properties in this region, likely driven by various socio-economic factors including the area's accessibility, amenities, and overall livability.
The high model confidence rating, based on an analytical framework that incorporates 145 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. The strong performance of the HDB market in Tampines can be attributed to the continued interest among buyers seeking long-term investment opportunities, even with the remaining lease. This scenario underscores the essential dynamics of the local real estate market, where the interplay of demand and supply continues to shape valuations significantly, particularly in well-established neighborhoods like Tampines.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.