148 Simei Street 1 - 1 Units for Rent

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148 Simei Street 1 – PropertyGuru Market Pulse Insights

Recent search data shows the project remains relevant to active rental seekers in the Pasir Ris / Tampines area, according to PropertyGuru search trends over the past month. This property continues to draw interest in the local market as a viable option for those exploring HDB accommodation in the district.

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 1K
  • Avg PSF: S$ 10 psf (3.85% lower compared to Pasir Ris / Tampines average of S$ 10 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward room rentals as the primary focus for this property given the current inventory profile. With only a single listing available, the limited supply creates a highly segmented opportunity for seekers looking for entry-level price points. The property is currently positioned at a slight discount relative to the broader district average, offering competitive value for the area. This lean inventory and accessible pricing likely support steady interest from budget-conscious tenants in the local market.

Location & Lifestyle Highlights — 148 Simei Street 1 560m (7 mins) to SIMEI MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Changi Airport incredibly efficient for daily travelers. This address at 148 Simei Street 1 offers a practical and modern living experience right in the heart of a mature residential estate. It is a great spot for those who value being within walking distance of essential transport links and a variety of local food options. Nearby hotspots: MRT Stations:

• UPPER CHANGI MRT STATION (1189m, 14-15 mins) — Provides an alternative connection via the Downtown Line, perfect for reaching the Marina Bay area and Bukit Timah.

Bus Stops (43 within 1 km):

• BLK 148 (18m, 1 min) — Unbeatable convenience with a bus stop right at your doorstep for quick local trips.
• BLK 130 (65m, 1 min) — Another very close option that links you easily to the wider Simei and Tampines bus network.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (236m, 2-3 mins) — A trusted early childhood education center located just a short stroll away for young families.
• KIDSCAMPUS (CHANGI SIMEI) PTE LTD (252m, 3-4 mins) — Convenient childcare services nearby that make the morning school run stress-free.
• CHANGKAT PRIMARY SCHOOL (963m, 11-12 mins) — A reputable local primary school within a comfortable distance for school-going children.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (616m, 7-8 mins) — Reliable medical services nearby to handle your family's primary healthcare needs.
• WATSONS (697m, 8-9 mins) — Easy access to pharmacy supplies and personal care essentials within the neighborhood.
• GUARDIAN (726m, 8-9 mins) — Another handy option for health supplements and quick medical consultations.

Shopping & Retail:

• FAIRPRICE (222m, 2-3 mins) — Your daily grocery needs are well-covered with this supermarket just a few minutes away.
• EASTPOINT MALL (735m, 8-9 mins) — A major suburban mall offering a wide range of retail shops, services, and lifestyle amenities.

Dining & Food:

• SNACK SHOP (540m, 6-7 mins) — Great for a quick bite or local snacks when you are on the move.
• KOPITIAM (593m, 7-8 mins) — A variety of affordable local food stalls providing plenty of choices for daily meals.
• WOK HEY (626m, 7-8 mins) — Popular take-out option for fresh, customized stir-fry dishes near the station.

Highly attractive for: Young Families, Urban Professionals, First-time Buyers

Market & Rental Insights

148 Simei Street 1 demonstrates a focused rental market with specific adjustments in larger unit types.

• Median Rental Appreciation: 3-bedroom units saw rents move from S$3,600 /mo to S$3,165 /mo (-12.08%) over the last one year.
• Transactions: 4 rental transactions in the last 6 months, showing modest rental activity.
• PG Pulse Insight: Rental activity remains modest with 3-bedroom units currently transacting at a median of S$3,165 /mo.

Published date: July 1, 2026