106 Simei Street 1 520106, Simei, East Region, Singapore
$718,000
Spacious High-Floor Unit at Simei! 106 Simei Street 1, Singapore 520106 High Floor #07 | Remaining Lease: 61 Years | Asking Price: $718,000 (Negotiable) 3 Bedrooms | 2 Bathrooms | 104 sqm | HDB 4A -Property Highlights Spacious 104 sqm 4A layout High-floor unit with good natural light and ventilation Squarish and functional floor plan Neat and well-kept condition Generous living and dining areas Ideal for families seeking space and comfort -Nearby Transport Accessible via Simei MRT and Tampines MRT Well-connected via major bus routes Easy access to PIE and ECP -Nearby Schools Changkat Primary School Angsana Primary School Changkat Changi Secondary School Chongzheng Primary School -Amenities & Lifestyle Short drive to Eastpoint Mall and Tampines Mall Nearby supermarkets, coffee shops, and eateries Close to parks and recreational facilities Bluenest is Singapore’s leading tech-enabled real estate agency. Utilizing our advanced backend technologies, we can assist our sellers in securing the optimal price, all while charging commission starting from 1%, notably lower than the prevailing market rate of 2%. Through the integration of technology, we have successfully optimized operations, enabling our agents to excel in addressing the needs of our sellers with greater efficiency and effectiveness than conventional agents in Singapore Reach out to Bluenest today if you are looking for the most effective and efficient way to sell, rent or buy your property. Unlock the Blueprints to Your Dream Home. Choose Bluenest. Your Trusted Real Estate Advisor.
The following locations are within radius of this property, with distance shown in kilometers.
Loading map...
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…
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$594,078
S$531 psf
Asking Price
S$718,000
S$642 psf
vs Market
+20.9%
vs Last Done
+1.3%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Simei
321m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$590
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$531
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 106 SIMEI ST 1 Floor 07 TO 09 | 1,119sqft | S$710,000 | ▲S$634 +19.4% vs FV | 99yr from 1988 |
Feb 2026 | Blk 106 SIMEI ST 1 Floor 07 TO 09 | 1,119sqft | S$710,000 | ▲S$634 +19.4% vs FV | 99yr from 1988 |
Feb 2026 | Blk 106 TAMPINES ST 11 Floor 04 TO 06 | 1,109sqft | S$625,000 | ▲S$564 +6.2% vs FV | 99yr from 1984 |
Jan 2026 | Blk 106 SIMEI ST 1 Floor 04 TO 06 | 1,119sqft | S$640,000 | ▲S$572 +7.7% vs FV | 99yr from 1988 |
Blk 106 SIMEI ST 1
Feb 2026 · Floor 07 TO 09
+19.4% vs FV
Blk 106 SIMEI ST 1
Feb 2026 · Floor 07 TO 09
+19.4% vs FV
Blk 106 TAMPINES ST 11
Feb 2026 · Floor 04 TO 06
+6.2% vs FV
Blk 106 SIMEI ST 1
Jan 2026 · Floor 04 TO 06
+7.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Tampines, currently pegged at $594,078 or $531 PSF, reveals a nuanced perspective on the local real estate market dynamics, particularly given its remaining lease of 60 years. This valuation positions the property at approximately 20.9% above the established market baseline, indicating a potential overvaluation relative to recent transactions in the vicinity. Such a significant premium may suggest heightened demand or unique features associated with the property that could justify this elevated price point.
However, it is crucial to note the low model confidence attributed to this valuation, stemming from the limited data available from only three recent HDB resale transactions in the area. This lack of robust comparative analysis raises questions about the sustainability of such a premium in the context of a broader market correction or fluctuations in buyer sentiment. As the Tampines district continues to evolve, prospective buyers should exercise due diligence and consider both the implications of the remaining lease and the local market trends that could impact future resale values.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.