123 Simei Street 1 - 2 Units for Sale

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123 Simei Street 1 – PropertyGuru Market Pulse Insights

Over the past 30 days, the development has remained present in local property search activity within the Pasir Ris / Tampines market. Drawing on PropertyGuru search trends over the past month, this project continues to be part of the active browsing landscape for buyers exploring options in this area.

Most-searched Units: 4-Bedroom

Popular preferences: Balcony, Corner Unit, Gym, Renovated, Tennis Court, Maidsroom, Terrace, Air-Conditioning

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 660K
  • Avg PSF: S$ 590 psf (42.17% lower compared to Pasir Ris / Tampines average of S$ 1,020 psf)
  • Available Units: 1
• 4-Bedroom Units:
  • Avg Asking Price: S$ 800K
  • Avg PSF: S$ 609 psf (42.36% lower compared to Pasir Ris / Tampines average of S$ 1,057 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 4-Bedroom configurations as the preferred choice for those browsing this development. With only a single listing available for each unit type, the current inventory profile represents a highly selective opportunity for buyers seeking value. Both configurations are positioned at a significant discount relative to the broader Pasir Ris / Tampines average, offering a competitive entry point into the district. This combination of low supply and attractive pricing suggests steady market support for the project's existing listings.

Location & Lifestyle Highlights — 123 Simei Street 1

360m (4 mins) to SIMEI MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Changi Airport incredibly fast and straightforward.

This project offers a modern and efficient living experience right in the heart of a mature estate, perfect for those who value a practical and well-connected home base. You get the best of Simei’s established convenience paired with a contemporary lifestyle that fits right into your busy daily schedule.

Nearby hotspots:

MRT Stations:

• UPPER CHANGI MRT STATION (1480m, 17-18 mins) — Provides an additional connection to the Downtown Line for easier travel towards the Bukit Timah and Expo areas.

Bus Stops (31 within 1 km):

• BLK 120/OPP SIMEI STN (123m, 1-2 mins) — Extremely close stop with various routes that link you quickly to the rest of the Simei and Tampines neighbourhoods.
• SIMEI STN / BLK 247 (174m, 2-3 mins) — Handy transport point right by the station for a smooth transition between bus and train services.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (14m, 1 min) — Just a few steps away, making morning drop-offs and evening pick-ups completely stress-free for parents.
• MY WORLD PRESCHOOL LTD. (23m, 1 min) — Another excellent childcare option located right at your doorstep for maximum convenience.
• CHANGKAT PRIMARY SCHOOL (759m, 9-10 mins) — A reputable local primary school within a comfortable walking distance for young students.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (417m, 4-5 mins) — Reliable medical services nearby for your family's routine check-ups and healthcare needs.
• CHANGI GENERAL HOSPITAL (1060m, 12-13 mins) — Major regional hospital providing comprehensive specialist care and emergency services just a short drive away.

Shopping & Retail:

• FAIRPRICE (428m, 5-6 mins) — Your go-to spot for daily groceries and household essentials is just a short walk from home.
• EASTPOINT MALL (536m, 6-7 mins) — A vibrant suburban mall offering a wide range of retail shops, fashion brands, and essential services in one place.

Dining & Food:

• KOPITIAM (395m, 4-5 mins) — Great local food court for affordable daily meals and a variety of popular Singaporean dishes.
• WOK HEY (427m, 5-6 mins) — Popular quick-service option for tasty, customized stir-fry meals on the go.
• GONG CHA (430m, 5-6 mins) — Conveniently located bubble tea outlet for a quick refreshment while you are out and about.

Highly attractive for: Young Families, Healthcare Professionals, Urban Commuters

Market & Rental Insights

123 Simei Street 1 demonstrates a profile of steady capital appreciation and high rental income potential within the local market.

• PSF Appreciation: S$577 → S$599 over recent years (+3.81%) from 2023 - 2026.
• Expected Rental Yield: At 6.49%, this reflects a strong return for investors.
• Transactions: 2 rental transactions in the last 6 months and 1 sale transaction in the last 12 months, indicating modest rental and sale activity.
• PG Pulse Insight: With a strong rental yield of 6.49% and consistent PSF growth, 123 Simei Street 1 remains a stable asset despite limited transaction volume.

Published date: July 16, 2026