224 Simei Street 4 520224, Simei, East Region, Singapore
$660,000
CEA Registration: L3010858B / R040261G Preview in virtual tour: https://my.matterport.com/show/?m=P23XwLY6CfB Well-kept 3-bedroom, 2-bathroom home offering a functional layout and comfortable living space. Situated on a low floor, this corridor unit features an East-facing main door and pleasant street views. The unit has been well maintained and requires minimal renovation, making it ideal for buyers looking to move in with ease. Enjoy great convenience with a bus stop just a 5-minute walk away (services 5, 12, 12e) and Upper Changi MRT (DT34) within the same distance. Daily essentials are easily accessible with Giant Supermarket and Eastpoint Mall nearby, along with a variety of eateries in the area. Families will also appreciate reputable schools such as Changkat Primary and Chongzheng Primary within 1km. Exclusive Propseller Listing! Size: - 1119sqft. - 3 bedrooms + 2 bathrooms Attributes: - EIP Quota: None not eligible - Extension needed: 3 months strictly - Unit orientation: Corridor unit - Low floor unit - Renovated condition - Main door facing East - Views from unit: Street Convenience: - 5 min walk to the nearest bus stop (bus services: 5, 12, 12e) - 5 min walk to Upper Changi MRT station (DT34) - 5 min walk to Giant supermarket - Within proximity to Eastpoint shopping mall - Within proximity to the nearest eateries - Primary schools within 1km: Changkat Primary School, Chongzheng Primary School - Primary schools between 1-2km: East Spring Primary School, Gongshang Primary School, Junyuan Primary School, St. Anthony's Canossian Primary School Disclaimer: Some pictures may be virtually decluttered or staged to showcase the maximum potential of the property. Looking to sell your own property? Sell with Propseller for only 1% commission (vs. market standard of 2%) Propseller is Singapore's No. 1 tech-powered real estate agency offering the most reliable way to successfully and efficiently sell, buy or rent a property. Visit: https://propseller.com/
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: L3010858B
Automated Valuation based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$666,224
S$595 psf
Asking Price
S$660,000
S$590 psf
vs Market
-0.9%
vs Last Done
-35.7%
Tenure
61 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Upper Changi
461m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$651
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.871
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$595
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 +54.1% vs FV | 99yr from 2011 |
Mar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +54.1% vs FV | 99yr from 2011 |
Mar 2026 | Blk 811 TAMPINES AVE 4 Floor 10 TO 12 | 980sqft | S$636,000 | ▲S$649 +9.1% vs FV | 99yr from 1985 |
Mar 2026 | Blk 868B TAMPINES AVE 8 Floor 04 TO 06 | 990sqft | S$735,000 | ▲S$742 +24.7% vs FV | 99yr from 2015 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 04 TO 06 | 1,001sqft | S$710,000 | ▲S$709 +19.2% vs FV | 99yr from 2021 |
Mar 2026 | Blk 879B TAMPINES AVE 8 Floor 13 TO 15 | 1,001sqft | S$770,000 | ▲S$769 +29.2% vs FV | 99yr from 2017 |
Mar 2026 | Blk 879 TAMPINES AVE 8 Floor 07 TO 09 | 1,119sqft | S$628,000 | ▼S$561 -5.7% vs FV | 99yr from 1988 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 13 TO 15 | 1,001sqft | S$793,888 | ▲S$793 +33.3% vs FV | 99yr from 2021 |
Mar 2026 | Blk 522B TAMPINES CTRL 7 Floor 13 TO 15 | 1,001sqft | S$808,000 | ▲S$807 +35.6% vs FV | 99yr from 2015 |
Mar 2026 | Blk 519B TAMPINES CTRL 8 Floor 07 TO 09 | 904sqft | S$851,500 | ▲S$942 +58.3% vs FV | 99yr from 2014 |
Mar 2026 | Blk 519A TAMPINES CTRL 8 Floor 04 TO 06 | 904sqft | S$865,000 | ▲S$957 +60.8% vs FV | 99yr from 2014 |
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+54.1% vs FV
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+54.1% vs FV
Blk 811 TAMPINES AVE 4
Mar 2026 · Floor 10 TO 12
+9.1% vs FV
Blk 868B TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+24.7% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+19.2% vs FV
Blk 879B TAMPINES AVE 8
Mar 2026 · Floor 13 TO 15
+29.2% vs FV
Blk 879 TAMPINES AVE 8
Mar 2026 · Floor 07 TO 09
-5.7% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 13 TO 15
+33.3% vs FV
Blk 522B TAMPINES CTRL 7
Mar 2026 · Floor 13 TO 15
+35.6% vs FV
Blk 519B TAMPINES CTRL 8
Mar 2026 · Floor 07 TO 09
+58.3% vs FV
Blk 519A TAMPINES CTRL 8
Mar 2026 · Floor 04 TO 06
+60.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 61 years, stands at an estimated value of $666,224, translating to a price per square foot (PSF) of $595. This valuation reflects a nuanced understanding of the current market dynamics and is underscored by a robust model confidence rating of High. Based on an extensive analysis of 500 recent HDB resale transactions in the vicinity, the valuation indicates a market price that is only 0.9% different from the baseline, suggesting a stable pricing environment within this segment of the market.
As Singapore's real estate landscape continues to evolve, the remaining lease of 61 years plays a critical role in determining the asset's long-term value. The Tampines area is known for its strategic location and amenities, contributing positively to the demand for HDB properties. The slight deviation from the baseline market price signifies a healthy equilibrium where buyer sentiment remains resilient despite potential market fluctuations. Overall, this valuation encapsulates a strategic investment opportunity in a well-regarded precinct, underpinned by solid historical transaction data and prevailing market trends.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.