123 Simei Street 1 - 1 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. Recent search patterns suggest the development retains a visible place in area-level property browsing for those seeking residential options in this part of Singapore.

Most-searched Units: 3-Bedroom

Popular preferences: Balcony, Corner Unit, Tennis Court, Renovated, Bathtub, Maidsroom, Gym

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 668K
  • Avg PSF: S$ 597 psf (39.11% lower compared to Pasir Ris / Tampines average of S$ 980 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards 3-Bedroom configurations as the primary focus for seekers interested in this development. With only a single unit currently available, the limited inventory suggests a highly segmented supply that may appeal to value-driven buyers. The property represents a significant discount relative to the broader district average, positioning it as a competitive entry point in the area. This pricing advantage, combined with specific sought-after features like corner positioning and renovations, supports steady interest despite the low volume of active 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 address at 123 Simei Street 1 offers a practical and efficient home base for those who value being right in the heart of a mature residential neighborhood. Everything you need for a smooth daily routine is just a short walk away, from major transport nodes to essential family services. Nearby hotspots: MRT Stations:

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

Bus Stops (31 within 1 km):

• BLK 120/OPP SIMEI STN (123m, 1-2 mins) — Extremely close stop that connects you to various parts of the estate and beyond.
• SIMEI STN / BLK 247 (174m, 2-3 mins) — Convenient boarding point for residents heading towards the main transport interchange.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (14m, 1 min) — Just a few steps from home, making morning drop-offs effortless 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 comfortable walking distance for young students.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (417m, 4-5 mins) — Nearby clinic for quick medical consultations and family healthcare needs.
• CHANGI GENERAL HOSPITAL (1060m, 12-13 mins) — Major regional hospital providing comprehensive medical services and emergency care close by.

Shopping & Retail:

• FAIRPRICE (428m, 5-6 mins) — Reliable spot for your daily grocery runs and household essentials.
• EASTPOINT MALL (536m, 6-7 mins) — A vibrant suburban mall offering a wide variety of retail shops and services in one place.

Dining & Food:

• KOPITIAM (395m, 4-5 mins) — Great local food court for affordable daily meals and a variety of Singaporean favorites.
• WOK HEY (427m, 5-6 mins) — Popular quick-service option for tasty take-out meals on busy evenings.
• GONG CHA (430m, 5-6 mins) — Handy spot to grab a refreshing drink while running errands around the station area.

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: May 25, 2026