124 Simei Street 1 - 3 Units for Sale

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124 Simei Street 1 – PropertyGuru Market Pulse Insights

Recent search data shows the project remains relevant to active buyer seekers in the Pasir Ris / Tampines area, drawing on 30 days of PropertyGuru search activity. This development continues to feature in the browsing mix for those evaluating residential options within the local HDB market.

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 888K
  • Avg PSF: S$ 671 psf (33.04% lower compared to Pasir Ris / Tampines average of S$ 1,002 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward the larger 3-bedroom configurations as the primary focal point for this development. With only a single unit currently listed, the limited inventory suggests a highly selective opportunity for buyers seeking entry into the area. The project is positioned at a significant value discount relative to the broader district average, offering a competitive price point for the space provided. This pricing discipline, combined with tight supply, likely supports steady interest from value-oriented property seekers.

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 and fast. This location offers a practical and efficient living environment where everything you need for a modern lifestyle is just a short walk away. It is a well-connected spot that balances quiet residential comfort with the high-speed convenience of the Simei transport hub. Nearby hotspots: Bus Stops (40 within 1 km):

• BLK 120/OPP SIMEI STN (265m, 3-4 mins) — Very handy for catching local services that connect you quickly to the rest of the Simei and Tampines area.
• SIMEI STN / BLK 247 (317m, 3-4 mins) — Conveniently located near the station for easy transfers between the train and various bus routes.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (104m, 1-2 mins) — An excellent childcare option located almost at your doorstep, making morning drop-offs stress-free for parents.
• MY WORLD PRESCHOOL LTD. (166m, 1-2 mins) — Another quality early childhood education choice within very close walking distance for young families.
• CHANGKAT PRIMARY SCHOOL (894m, 10-11 mins) — A reputable local primary school within a manageable distance for children living in the neighborhood.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (552m, 6-7 mins) — Quick access to general medical services for routine check-ups and family health needs.
• CHANGI GENERAL HOSPITAL (1196m, 14-15 mins) — Proximity to a major regional hospital provides peace of mind for comprehensive medical care and emergencies.
• WATSONS (634m, 7-8 mins) — Convenient spot to pick up daily health essentials, vitamins, and personal care items.

Shopping & Retail:

• FAIRPRICE (564m, 6-7 mins) — Your go-to for daily grocery runs and household supplies, located just a short stroll away.
• EASTPOINT MALL (679m, 8-9 mins) — A vibrant suburban mall offering a wide range of retail shops, services, and lifestyle amenities in one place.

Dining & Food:

• KOPITIAM (537m, 6-7 mins) — A great local spot for affordable daily meals and a variety of traditional Singaporean hawker favorites.
• WOK HEY (563m, 6-7 mins) — Perfect for grabbing a quick, tasty, and customized stir-fry meal on your way home from the MRT.
• GIANT SUPERMARKET (490m, 5-6 mins) — Offers a wide selection of fresh produce and food items for those who prefer cooking at home.

Highly attractive for: Young Families, Healthcare Professionals, Urban Commuters, and First-time Buyers.

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: July 1, 2026