Melville Park
Transaction and Price

Apartment

3.9

View Project

Address

12 Simei Street 1, singapore 529940, Changi / Pasir Ris (D17-18)

Sale price Range

S$ 878,000 - S$ 1,499,999

Buy (55 units) Rent (30 units)

Project Details

Developer

Melville Park Development Pte Ltd

Tenure

99-year Leasehold

PSF

S$ 852 - S$ 1,290

Completion Year

1996

# of Floors

Total Units

1232

Transaction Summary

Type	Transactions	Price
2 room 958 - 1195 sqft	14	S$820,000 - S$990,000
3 room 1302 - 1475 sqft	5	S$970,000 - S$1,350,000

Type	Transactions	Price
2 room 1066 - 1195 sqft	25	S$720,000 - S$990,000
3 room 1206 - 1475 sqft	10	S$970,000 - S$1,350,000
4 room 1410 - 1410 sqft	1	S$1,160,000 - S$1,160,000

Type	Transactions	Price
2 room 936 - 1206 sqft	63	S$620,000 - S$990,000
3 room 1475 - 1561 sqft	38	S$830,000 - S$1,350,000
4 room 1410 - 1410 sqft	1	S$1,160,000 - S$1,160,000

209 Total Sale Transactions

Type	Transactions	Price
2 room 958 - 1206 sqft	117	S$620,000 - S$990,000
3 room 1163 - 1561 sqft	91	S$642,000 - S$1,350,000
4 room 1410 - 1410 sqft	1	S$1,160,000 - S$1,160,000

Type	Transactions	Price
2 room 958 - 1206 sqft	223	S$600,000 - S$990,000
3 room 1313 - 1561 sqft	166	S$642,000 - S$1,350,000
4 room 1410 - 1410 sqft	4	S$830,000 - S$1,160,000

Type	Transactions	Price
3 room 1400 - 1500 sqft	36	S$2,900 - S$5,000
2 room 1000 - 1200 sqft	73	S$2,350 - S$4,500

Type	Transactions	Price
3 room 1400 - 1500 sqft	96	S$2,300 - S$5,000
2 room 1000 - 1200 sqft	174	S$2,200 - S$4,500

Type	Transactions	Price
3 room 1400 - 1600 sqft	229	S$2,300 - S$5,000
2 room 1000 - 1200 sqft	380	S$1,500 - S$4,500

Type	Transactions	Price
3 room 1400 - 1600 sqft	500	S$2,000 - S$5,000
2 room 1000 - 1200 sqft	500	S$1,500 - S$4,500
notInformed room 900 - 1500 sqft	174	S$1,900 - S$3,300

Type	Transactions	Price
3 room 1400 - 1600 sqft	500	S$2,000 - S$5,000
2 room 1000 - 1200 sqft	500	S$1,500 - S$4,500
notInformed room 900 - 1500 sqft	174	S$1,900 - S$3,300

Available Unit

Type	Units
2 room 936 - 1044 sqft	9 Units S$3,700 - S$5,000 View Available Units
3 room 1044 - 1378 sqft	10 Units S$4,500 - S$5,500 View Available Units

Type	Units
2 room 900 - 1076 sqft	35 Units S$878,000 - S$1,388,000 View Available Units
3 room 1044 - 1399 sqft	20 Units S$1,050,000 - S$1,499,999 View Available Units

Project Details

Developer

Melville Park Development Pte Ltd

Tenure

99-year Leasehold

PSF

S$ 852 - S$ 1,290

Completion Year

1996

# of Floors

Total Units

1232

Pricing Insights

Last Transaction Price

S$ 0

0 transactions

2 beds

0 - 0 sqft
3 beds

0 - 0 sqft
4 beds

0 - 0 sqft

Mar 2023

#01-XX

Blk 16

S$ 870,000

S$ 800.00 sqft
Feb 2023

#02-XX

Blk 28

S$ 838,000

S$ 837.00 sqft
Feb 2023

#11-XX

Blk 18

S$ 930,000

S$ 891.00 sqft
Feb 2023

#09-XX

Blk 22

S$ 880,000

S$ 919.00 sqft
Feb 2023

#11-XX

Blk 20

S$ 990,000

S$ 948.00 sqft
Feb 2023

#07-XX

Blk 22

S$ 940,000

S$ 900.00 sqft
Jan 2023

#08-XX

Blk 24

S$ 872,000

S$ 910.00 sqft
Dec 2022

#08-XX

Blk 22

S$ 870,000

S$ 879.00 sqft
Nov 2022

#02-XX

Blk 22

S$ 960,000

S$ 803.00 sqft
Nov 2022

#07-XX

Blk 28

S$ 855,000

S$ 863.00 sqft
Oct 2022

#03-XX

Blk 26

S$ 820,000

S$ 856.00 sqft
Oct 2022

#03-XX

Blk 22

S$ 850,000

S$ 849.00 sqft
Sep 2022

#08-XX

Blk 16

S$ 860,000

S$ 918.00 sqft
Sep 2022

#01-XX

Blk 28

S$ 820,000

S$ 856.00 sqft
Sep 2022

#03-XX

Blk 22

S$ 800,000

S$ 799.00 sqft
Sep 2022

#09-XX

Blk 28

S$ 855,000

S$ 892.00 sqft
Jul 2022

#03-XX

Blk 20

S$ 818,000

S$ 873.00 sqft
Jul 2022

#05-XX

Blk 20

S$ 868,000

S$ 927.00 sqft
Jun 2022

#01-XX

Blk 22

S$ 845,000

S$ 785.00 sqft
Apr 2022

#08-XX

Blk 18

S$ 830,000

S$ 886.00 sqft
Apr 2022

#09-XX

Blk 18

S$ 785,000

S$ 838.00 sqft
Apr 2022

#01-XX

Blk 28

S$ 720,000

S$ 719.00 sqft
Apr 2022

#10-XX

Blk 24

S$ 990,000

S$ 920.00 sqft
Mar 2022

#11-XX

Blk 18

S$ 888,000

S$ 850.00 sqft
Mar 2022

#04-XX

Blk 28

S$ 750,000

S$ 704.00 sqft

Mar 2023

#10-XX

Blk 18

S$ 1.23 M

S$ 944.00 sqft
Dec 2022

#04-XX

Blk 26

S$ 1.35 M

S$ 915.00 sqft
Nov 2022

#02-XX

Blk 20

S$ 970,000

S$ 834.00 sqft
Oct 2022

#03-XX

Blk 24

S$ 1.25 M

S$ 929.00 sqft
Sep 2022

#05-XX

Blk 20

S$ 1.05 M

S$ 806.00 sqft
Aug 2022

#08-XX

Blk 16

S$ 1.10 M

S$ 818.00 sqft
Jul 2022

#11-XX

Blk 22

S$ 1.08 M

S$ 803.00 sqft
Apr 2022

#05-XX

Blk 16

S$ 1.05 M

S$ 780.00 sqft
Mar 2022

#03-XX

Blk 24

S$ 1.11 M

S$ 753.00 sqft
Mar 2022

#02-XX

Blk 16

S$ 980,000

S$ 813.00 sqft
Mar 2022

#11-XX

Blk 20

S$ 1.13 M

S$ 778.00 sqft
Jan 2022

#10-XX

Blk 24

S$ 1.19 M

S$ 759.00 sqft
Jan 2022

#05-XX

Blk 18

S$ 1.02 M

S$ 758.00 sqft
Dec 2021

#06-XX

Blk 26

S$ 1.08 M

S$ 734.00 sqft
Dec 2021

#02-XX

Blk 24

S$ 860,000

S$ 713.00 sqft
Nov 2021

#03-XX

Blk 22

S$ 955,000

S$ 710.00 sqft
Oct 2021

#08-XX

Blk 24

S$ 1.08 M

S$ 732.00 sqft
Oct 2021

#09-XX

Blk 18

S$ 930,000

S$ 714.00 sqft
Oct 2021

#11-XX

Blk 16

S$ 915,000

S$ 703.00 sqft
Sep 2021

#07-XX

Blk 18

S$ 890,000

S$ 683.00 sqft
Aug 2021

#08-XX

Blk 26

S$ 920,000

S$ 684.00 sqft
Aug 2021

#06-XX

Blk 16

S$ 950,000

S$ 729.00 sqft
Aug 2021

#10-XX

Blk 20

S$ 1.08 M

S$ 742.00 sqft
Aug 2021

#04-XX

Blk 28

S$ 978,000

S$ 688.00 sqft
Aug 2021

#10-XX

Blk 18

S$ 1.09 M

S$ 750.00 sqft

Aug 2022

#10-XX

Blk 28

S$ 1.16 M

S$ 823.00 sqft
Nov 2017

#10-XX

Blk 28

S$ 870,000

S$ 617.00 sqft
Sep 2017

#10-XX

Blk 28

S$ 830,000

S$ 589.00 sqft
Mar 2016

#10-XX

Blk 28

S$ 965,000

S$ 684.00 sqft

notInformed bed

0 - 0 sqft
3 beds

0 - 0 sqft
2 beds

0 - 0 sqft

Jan 2021

#XX-XX

S$ 1,900
Jan 2021

#XX-XX

S$ 2,300
Jan 2021

#XX-XX

S$ 2,500
Jan 2021

#XX-XX

S$ 2,400
Jan 2021

#XX-XX

S$ 2,450
Jan 2021

#XX-XX

S$ 2,300
Jan 2021

#XX-XX

S$ 2,300
Jan 2021

#XX-XX

S$ 2,850
Jan 2021

#XX-XX

S$ 2,200
Jan 2021

#XX-XX

S$ 2,400
Jan 2021

#XX-XX

S$ 2,700
Jan 2021

#XX-XX

S$ 2,900
Jan 2021

#XX-XX

S$ 1,900
Jan 2021

#XX-XX

S$ 2,700
Jan 2021

#XX-XX

S$ 2,200
Jan 2021

#XX-XX

S$ 2,400
Jan 2021

#XX-XX

S$ 2,650
Jan 2021

#XX-XX

S$ 2,900
Jan 2021

#XX-XX

S$ 2,600
Jan 2021

#XX-XX

S$ 2,400
Jan 2021

#XX-XX

S$ 3,300
Jan 2021

#XX-XX

S$ 2,200
Jan 2021

#XX-XX

S$ 2,500
Jan 2021

#XX-XX

S$ 2,520
Jan 2021

#XX-XX

S$ 2,750

Feb 2023

#XX-XX

S$ 4,500
Feb 2023

#XX-XX

S$ 3,900
Feb 2023

#XX-XX

S$ 4,750
Feb 2023

#XX-XX

S$ 4,800
Feb 2023

#XX-XX

S$ 4,500
Jan 2023

#XX-XX

S$ 4,600
Jan 2023

#XX-XX

S$ 4,600
Jan 2023

#XX-XX

S$ 4,000
Jan 2023

#XX-XX

S$ 3,900
Jan 2023

#XX-XX

S$ 4,000
Jan 2023

#XX-XX

S$ 3,700
Jan 2023

#XX-XX

S$ 4,200
Jan 2023

#XX-XX

S$ 4,350
Jan 2023

#XX-XX

S$ 4,000
Jan 2023

#XX-XX

S$ 5,000
Jan 2023

#XX-XX

S$ 3,700
Dec 2022

#XX-XX

S$ 4,000
Dec 2022

#XX-XX

S$ 3,500
Dec 2022

#XX-XX

S$ 4,100
Dec 2022

#XX-XX

S$ 4,600
Dec 2022

#XX-XX

S$ 3,500
Dec 2022

#XX-XX

S$ 4,600
Dec 2022

#XX-XX

S$ 3,400
Nov 2022

#XX-XX

S$ 3,700
Nov 2022

#XX-XX

S$ 4,300

Feb 2023

#XX-XX

S$ 4,000
Feb 2023

#XX-XX

S$ 3,750
Feb 2023

#XX-XX

S$ 3,300
Feb 2023

#XX-XX

S$ 4,000
Feb 2023

#XX-XX

S$ 2,350
Feb 2023

#XX-XX

S$ 3,300
Feb 2023

#XX-XX

S$ 3,700
Feb 2023

#XX-XX

S$ 3,000
Feb 2023

#XX-XX

S$ 3,900
Feb 2023

#XX-XX

S$ 3,400
Feb 2023

#XX-XX

S$ 3,500
Feb 2023

#XX-XX

S$ 2,700
Feb 2023

#XX-XX

S$ 3,950
Jan 2023

#XX-XX

S$ 3,200
Jan 2023

#XX-XX

S$ 3,600
Jan 2023

#XX-XX

S$ 4,000
Jan 2023

#XX-XX

S$ 3,800
Jan 2023

#XX-XX

S$ 2,800
Jan 2023

#XX-XX

S$ 2,900
Jan 2023

#XX-XX

S$ 3,900
Jan 2023

#XX-XX

S$ 4,100
Jan 2023

#XX-XX

S$ 3,000
Jan 2023

#XX-XX

S$ 3,000
Jan 2023

#XX-XX

S$ 3,800
Jan 2023

#XX-XX

S$ 4,000

Price Trends

Lowest Price Highest Price

Capital Gain

Capital gain is the profit one earns on the sale of a real estate asset. It results in capital gain when the selling price exceeds its purchase price. Capital loss arises when the purchase price is higher than the selling price.

Duration	Annualised Capital Gain %
3 years	5.14
4 years	3.95
5 years	2.86
6 years	2.03
7 years	2.17
8 years	1.69
9 years	1.17
10 years	0.35
3 years	5.51
4 years	5.80
5 years	4.04
6 years	3.39
7 years	3.99
8 years	3.00
9 years	1.56
10 years	1.12
3 years	-2.16
4 years	0.87
5 years	-1.78
6 years	-1.91
7 years	4.54
8 years	2.34
9 years	0.45
10 years	-0.06

Rental Yield

Lowest Price Highest Price

Summary

Completed in 1996, Melville Park offers a total of 1232 units. Melville Park shows a promising sale and rental demand where since the completion of project, there have been a total of 393 sale transactions and 1174 rental transactions.

For sales transaction, Melville Park was transacted at historical high of S$ 1,350,000 in DEC 2022 for a 1475 SQFT unit and at historical low of S$ 720,000 in APR 2022 for a 1001 SQFT unit. As for rental transactions, Melville Park was transacted at historical high of S$ 5,000 in JAN 2023 for a 1400 SQFT unit and historical low of S$ 1,900 in JAN 2021 for a 900 SQFT unit.

Melville Park Transaction and Price

Project Details

Transaction Summary

Available Unit

Pricing Insights

Summary

Melville Park
Transaction and Price