124 Simei Street 1 - 1 Units for Sale
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124 Simei Street 1
124 Simei Street 1 520124(D18) Pasir Ris / Tampines
Summary
124 Simei Street 1
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Project details
TypeHDB
Completion year1987
Tenure99-year Leasehold
No. of blocks1
No. of floors11
DeveloperHousing & Development Board (HDB)
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There is 1 properties for sale at 124 Simei Street 1. You can use our elegant Property Search Tool to find the right HDB Flat, Condominium, Apartment, Executive Condominium, Terraced House, Detached House, Semi-Detached House and Bungalow House that is currently for sale. The options in our database are limitless. Our Property Evaluation Tool makes the market transparent for you, so that you can make a confident decision to buy your Property in Singapore. Start your Property Search above, or refine your search using these most popular searches on Property for sale.
Show More124 Simei Street 1 – PropertyGuru Market Pulse Insights
Pricing by Unit Types:
Location & Lifestyle Highlights — 124 Simei Street 1 500m (6 mins) to SIMEI MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Changi Airport incredibly straightforward for daily travelers. Living at 124 Simei Street 1 puts you in a practical, well-connected spot where everything from quick bites to major healthcare is just a short walk away. It is a modern and efficient location that perfectly suits those who value a fuss-free lifestyle in a mature residential estate. Nearby hotspots: Bus Stops (40 within 1 km):
Market & Rental Insights
Show MoreRecent search data shows the development continuing to attract browsing attention in the area based on PropertyGuru search data over the past 30 days. Within the Pasir Ris / Tampines market, the project remains part of the local consideration set for those exploring residential options.
Popular preferences: Corner Unit, Tennis Court, Gym, Balcony, TerracePricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: S$ 673K
- Avg PSF: S$ 640 psf (37.12% lower compared to Pasir Ris / Tampines average of S$ 1,018 psf)
- Available Units: 3
Location & Lifestyle Highlights — 124 Simei Street 1 500m (6 mins) to SIMEI MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Changi Airport incredibly straightforward for daily travelers. Living at 124 Simei Street 1 puts you in a practical, well-connected spot where everything from quick bites to major healthcare is just a short walk away. It is a modern and efficient location that perfectly suits those who value a fuss-free lifestyle in a mature residential estate. Nearby hotspots: Bus Stops (40 within 1 km):
- BLK 120/OPP SIMEI STN (265m, 3-4 mins) — Convenient boarding point for several feeder services that loop around the neighborhood.
- BLK 130 (367m, 4-5 mins) — Easy access to additional bus routes for a smooth connection to nearby hubs like Tampines.
- PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (104m, 1-2 mins) — Extremely close childcare option that makes the morning school run effortless for parents.
- MY WORLD PRESCHOOL LTD. (166m, 1-2 mins) — Another quality early childhood center located just a stone's throw from home.
- CHANGKAT PRIMARY SCHOOL (901m, 10-11 mins) — Established primary education within walking distance for young students in the area.
- NORTHEAST MEDICAL GROUP (559m, 6-7 mins) — Nearby clinic for general medical consultations and family healthcare needs.
- CHANGI GENERAL HOSPITAL (1200m, 14-15 mins) — Major regional hospital providing comprehensive medical services and emergency care close by.
- WATSONS (640m, 7-8 mins) — Handy pharmacy for picking up daily health essentials and personal care items.
- FAIRPRICE (570m, 6-7 mins) — Reliable supermarket for all your fresh produce and household grocery shopping.
- EASTPOINT MALL (666m, 7-8 mins) — Vibrant suburban mall offering a wide variety of retail shops, services, and lifestyle amenities.
- KOPITIAM (537m, 6-7 mins) — Great local food court for affordable daily meals and a variety of Singaporean favorites.
- WOK HEY (570m, 6-7 mins) — Popular spot for quick, delicious stir-fry takeouts located conveniently near the station.
- GIANT SUPERMARKET (497m, 5-6 mins) — Useful alternative for food supplies and pantry staples just a short walk away.
- 7-ELEVEN (573m, 6-7 mins) — Quick stop for snacks and emergency supplies available at almost any time.
- PHOON HUAT (519m, 6-7 mins) — Specialized store nearby that is perfect for home baking enthusiasts looking for quality ingredients.
Market & Rental Insights
124 Simei Street 1 demonstrates a profile of capital appreciation and high rental efficiency within the Simei residential enclave.
- PSF Appreciation:S$525 → S$563 over recent years (+7.24%) from 2023 - 2025.
- Expected Rental Yield: At 5.37%, this project offers a strong return for property investors.
- Transactions:4 rental transactions in the last 6 months indicate modest rental activity.
- PG Pulse Insight: With a +7.24% increase in PSF and a strong rental yield of 5.37%, 124 Simei Street 1 presents a compelling case for yield-focused investors despite modest rental volume.
Published date: October 2, 2026
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