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 area. PropertyGuru data spanning this period indicates that the property continues to be part of the active browsing landscape for buyers looking at options in this specific neighborhood.

Popular preferences: Balcony, Corner Unit, Tennis Court, Gym, Renovated, Terrace

Pricing by Unit Types:

• 4-Bedroom Units:
  • Avg Asking Price: S$ 758K
  • Avg PSF: S$ 577 psf (42.81% lower compared to Pasir Ris / Tampines average of S$ 1,009 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the larger configurations as the primary focus for those exploring this development. With only a single 4-bedroom unit currently listed, the limited inventory suggests a highly selective opportunity for buyer seekers. The property is positioned at a significant discount relative to the broader Pasir Ris / Tampines average, offering a competitive entry point into the district. This pricing advantage combined with specific lifestyle features may support steady interest from value-oriented buyers.

Location & Lifestyle Highlights — 123 Simei Street 1 360m (4 mins) to SIMEI MRT STATION — This station connects you directly to the East-West Line, making trips to the airport or the city center very straightforward. Living at 123 Simei Street 1 means having everything you need right at your doorstep in a mature, well-connected neighborhood. It is a practical choice for those who value being just a short stroll away from major transit, local eats, and daily shopping. Nearby hotspots: MRT Stations:

• UPPER CHANGI MRT STATION (1480m, 17-18 mins) — Provides an alternative connection via the Downtown Line for easier access 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 links you to various parts of the estate and neighboring towns.
• SIMEI STN / BLK 247 (174m, 2-3 mins) — Handy bus access for quick hops around the Simei and Tampines area.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (14m, 1 min) — Just a few steps away, making the morning school run incredibly easy for parents.
• MY WORLD PRESCHOOL LTD. (23m, 1 min) — Right next door, offering a very convenient childcare option for families with young children.
• CHANGKAT PRIMARY SCHOOL (759m, 9-10 mins) — A reputable local primary school within a comfortable walking distance for students.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (417m, 4-5 mins) — Nearby clinic for general medical consultations and family health needs.
• CHANGI GENERAL HOSPITAL (1060m, 12-13 mins) — Major regional hospital providing comprehensive specialist care and emergency services.
• WATSONS (498m, 5-6 mins) — Convenient spot for picking up daily health essentials and personal care items.

Shopping & Retail:

• EASTPOINT MALL (536m, 6-7 mins) — A vibrant suburban mall with a wide range of retail shops, services, and a supermarket.
• FAIRPRICE (428m, 5-6 mins) — Reliable grocery shopping nearby for all your daily household supplies.

Dining & Food:

• KOPITIAM (395m, 4-5 mins) — Great local food court offering a variety of affordable and tasty Singaporean dishes.
• WOK HEY (427m, 5-6 mins) — Popular choice for quick, customized stir-fry meals on the go.
• GONG CHA (430m, 5-6 mins) — Handy spot to grab a bubble tea or refreshing drink while heading home.

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

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: September 16, 2026