Melville Park

20 Simei Street 1

S$ 1,228,888

Negotiable

Beds

3

Beds

Baths

3

Baths

sqft (floor)

1,163

sqft (floor)

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S$ 1,057

psf (floor)


1 km (12 mins) from DT34 Upper Changi MRT


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Property details

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Apartment for sale
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Fully furnished
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TOP in Dec 1996
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99-year lease
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Listed on 13 Nov 2025
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Listing ID - 60191207

About this property

6% Rental Yield. Fully Done Up Coliving Unit in Melville Park

This fully done-up 3-bedroom unit at Melville Park is a rare investment opportunity, perfectly positioned for the thriving coliving market. With a generous floor area of 1,163 sqft, this unit offers spacious, modern, and comfortable living spaces for tenants, designed for maximum occupancy and appeal.

✅Exceptional Rental Yield: Projected to fetch rental returns close to 6%, significantly above the typical condo yield in the area! This is a robust asset for discerning investors seeking high-performance real estate.
✅Ready for Coliving: The unit is fully renovated and configured to seamlessly operate as a coliving space, minimizing downtime and immediate expenditure for new owners. Start generating income immediately!
✅High Demand Location: The East is a prime rental catchment area, drawing tenants working in nearby business hubs like Changi Business Park, Changi Airport, and the Tampines Wafer Fab Park.

Melville Park is a large, established condo famous for its spacious grounds, resort-like environment, and comprehensive facilities, offering a quality lifestyle that is highly attractive to tenants:
⭐Full Condo Facilities: Enjoy access to a large swimming pool, tennis courts, a gymnasium, clubhouse, and BBQ areas. A perfect retreat for residents after a long day.
⭐Abundant Space: Unlike newer compact developments, the generous land size of Melville Park provides ample breathing room and lush greenery, enhancing the living experience.

MRT Access: Excellent connectivity with several MRT stations nearby:
⭐Upper Changi MRT (DT34) / Simei MRT (EW3): Easily accessible via a short bus ride or a brisk walk.
⭐Tampines East MRT (DT33): Just a short distance away, connecting to the Downtown Line.
⭐Expressway Accessibility: Quick access to major expressways like the PIE and ECP, making the drive to the City Centre, Changi Airport, and other parts of Singapore swift and convenient.

Shopping & Dining: Minutes awa
Amenities
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Air conditioner

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Bed

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Cabinets

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Dining table

Common facilities
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24 hours security

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Barbeque pits

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Clubhouse

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Covered car park

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Downpayment
S$ 0 Loan amount at 0% Loan-to-value

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Melville Park

Project Image

Melville Park is a leasehold apartment development that is located at Simei Street in District 18. It is an apartment project that was completed a while back. The project was completed in 1996 with a total of 1232 units available for sale or rent. The apartment development is located close to public transportation that allows residents to move easily from one place to another from the apartment. There are many shops and amenities close to the apartment development which would ease the process for residents and they do not need to go far to find what they need. The project was developed by Melville Park Development Pte Ltd. - Melville Park is a beautiful apartment development that has many charms to it. There are various facilities that residents can enjoy while living in Melville Park. Residents of Melville Park would not have to travel far to get their basic necessities as everything is close within their reach. Residents can enjoy the barbeque area, clubhouse, gymnasium room, sauna, swimming pool, wading pool, function room, playground and tennis courts. The apartment comes equipped with covered car parks and 24 hours security system that ensures the safety of its residents at all times. There is a number of public transportation close to Melville Park that residents can make use of. The closest MRT stations are Upper Changi MRT and Simei MRT station. The closest bus stops are located at Melville Park, Metta Welfare Association and opposite Mera Terrace Playground. For those with vehicles, the shopping district located at Orchard Road can be easily accessed via Pan Island Expressway in 20 to 25 minutes. Souperlicious280 Indian Muslim FoodOld Chang Kee @ SimeiMing Kitchen Seafood – 201C Tampines StreetEighteen ChefsAl Amin Pre SchoolChongzheng Primary SchoolEast Spring Primary SchoolNgee Ann Secondary SchoolFinesse Inline Skating CentreK2 Medical CentreSimei Medical CentreHong Family ClinicYoong Family Clinic & SurgeryNeptune Healthcare Medical & SurgeryMelville Park – SupermarketBest and Fair MinimartSmile Mini MartTampines Mart Wet MarketGiant Supermarket Melville Park is an apartment development that is made up of a total of 1,232 units of 11-storey apartment buildings. There are 2 types of units available with various layouts that residents can browse through. The size for the unit ranges between 936 square feet to 1,475 feet. The layouts for the units in Melville Park aim to provide residents with homes that is comfortable for working adults, couples or families looking to own a spacious and manageable apartment unit. The sale price for the units ranges between S$ 685,000 to S$ 1,100,000. The rental price for the units ranges between S$ 750 to S$ 3,300. Project Name: Melville ParkType: ApartmentDistrict: 18Configuration: 1,232 residential units Unit Types:3 bedrooms (936 sqft – 1,087 sqft)4 bedrooms (1,163 – 1,475 sqft) The following developments are in the same neighborhood as Melville Park:Treasure at TampinesCoco PalmsRipple BayThe TapestryD'NestWatercolours

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FAQs
The sale price of this unit at Melville Park is S$ 1,228,888.
Current PSF at Melville Park is about S$ 1,056.65 psf.
The estimated loan repayment is S$ 3,665 / mo.
Melville Park is located at 20 Simei Street 1 Pasir Ris / Tampines Changi / Pasir Ris (D17-18).
Floor size of this unit at Melville Park is 1,163 sqft.