40 Sims Drive 380040, Aljunied, Central Region, Singapore
$838,888
SUPER C.H.E.A.P! RARE 5 ROOM UNIT ON HIGH FLOOR! • Extremely spacious living area • Bright and Windy • Serious and motivated seller • Fully renovated and move in condition • 1 bedroom has been converted to a dressing area - Super spacious master • Walking distance to supermarkets and food centre Nearby Amenities: • Geylang Bahru MRT (676m) • Aljunied MRT (738m) • Kallang MRT (865m) • Mattar MRT (1.3km) Schools nearby: • Geylang Methodist School (839m) • Canossa Catholic Primary School (1.22km) • Bendemeer Primary School (1.41km) • Kong Hwa School (1.51km) For an exclusive viewing, please contact: Sharlene Soh I 9.3.2.0.0.1.0.0 Propnex Realty Pte Ltd JNA Real Estate - Your 21st Century Real Estate Team
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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 5 HDB resale transactions (data.gov.sg)
Fair Value
S$685,899
S$514 psf
Asking Price
S$838,888
S$628 psf
vs Market
+22.3%
vs Last Done
+6.1%
Tenure
62 yrs
99-year Leasehold · Balance remaining
Confidence
Low
5 comps
Nearest MRT
Geylang Bahru
685m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
5 comparable transactions
S$569
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.886
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$514
Recent Comparable Transactions
5 shown · 5 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2025 | Blk 40 SIMS DR Floor 07 TO 09 | 1,292sqft | S$765,000 | ▲S$592 +15.2% vs FV | 99yr from 1990 |
Dec 2025 | Blk 40 SIMS DR Floor 07 TO 09 | 1,292sqft | S$765,000 | ▲S$592 +15.2% vs FV | 99yr from 1990 |
Aug 2025 | Blk 40 SIMS DR Floor 07 TO 09 | 1,313sqft | S$755,000 | ▲S$575 +11.9% vs FV | 99yr from 1990 |
Mar 2025 | Blk 40 SIMS DR Floor 01 TO 03 | 1,335sqft | S$745,000 | ▲S$558 +8.6% vs FV | 99yr from 1990 |
Feb 2025 | Blk 40 SIMS DR Floor 01 TO 03 | 1,335sqft | S$720,000 | ▲S$539 +4.9% vs FV | 99yr from 1990 |
Apr 2024 | Blk 40 SIMS DR Floor 10 TO 12 | 1,313sqft | S$760,000 | ▲S$579 +12.6% vs FV | 99yr from 1990 |
Blk 40 SIMS DR
Dec 2025 · Floor 07 TO 09
+15.2% vs FV
Blk 40 SIMS DR
Dec 2025 · Floor 07 TO 09
+15.2% vs FV
Blk 40 SIMS DR
Aug 2025 · Floor 07 TO 09
+11.9% vs FV
Blk 40 SIMS DR
Mar 2025 · Floor 01 TO 03
+8.6% vs FV
Blk 40 SIMS DR
Feb 2025 · Floor 01 TO 03
+4.9% vs FV
Blk 40 SIMS DR
Apr 2024 · Floor 10 TO 12
+12.6% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB in Geylang, with a remaining lease of 62 years, stands at an estimated value of $685,899, translating to a price per square foot (PSF) of $514. This valuation is classified as above market, reflecting a significant 22.3% premium compared to baseline figures. Such a disparity in valuation signals a robust demand for properties in this strategic location, which is characterized by its proximity to commercial hubs and vibrant lifestyle amenities.
However, the model confidence is rated as low, based on an analysis of only five recent HDB resale transactions in the vicinity. This limited dataset underscores potential volatility in market conditions and suggests caution for prospective buyers. The dynamics of the Geylang area, including its evolving demographic profile and urban developments, may contribute to this elevated valuation, yet the relatively short lease period remaining could also impact long-term investment viability. Stakeholders should consider these factors carefully when assessing the market potential of this property.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.