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 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, it remains a visible option for active buyers reviewing the local HDB sector. This project continues to surface in local search activity among people exploring the area for available housing.

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 699K
  • Avg PSF: S$ 627 psf (35.4% lower compared to Pasir Ris / Tampines average of S$ 971 psf)
  • Available Units: 3

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the primary focus for buyer interest within this development. With only 3 units currently available, the limited inventory profile aligns with a highly competitive pricing strategy that sits at a significant 35.4% discount relative to the broader district average. This substantial value gap compared to the local market average likely serves as a key driver for seekers prioritizing affordability in the area. Such a high-demand, low-supply dynamic suggests that the existing stock may see steady absorption from price-sensitive buyers.

Location & Lifestyle Highlights — 124 Simei Street 1 500m (6 mins) to SIMEI MRT STATION — This station provides direct access to the East-West Line, making it very easy to reach the airport or the Central Business District for work. Living at 124 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 a short walk to the train and having a variety of local food options nearby. Nearby hotspots: MRT Stations:

• SIMEI MRT STATION (500m, 6 mins) — Direct connection to the East-West Line ensures a smooth commute to major employment hubs and Changi Airport.

Bus Stops (40 within 1 km):

• BLK 120/OPP SIMEI STN (265m, 3-4 mins) — Convenient bus services right around the corner for quick trips around the Simei and Tampines area.
• SIMEI STN / BLK 247 (317m, 3-4 mins) — Multiple bus routes available here to help you get around the neighborhood without needing a car.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (104m, 1-2 mins) — A very short walk for parents, making the morning school run stress-free.
• MY WORLD PRESCHOOL LTD. (166m, 1-2 mins) — Quality early childhood education located just a stone's throw away from home.
• CHANGKAT PRIMARY SCHOOL (894m, 10-11 mins) — A reputable local primary school within walking distance for families with young children.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (552m, 6-7 mins) — Reliable medical services nearby for general health consultations and family check-ups.
• CHANGI GENERAL HOSPITAL (1196m, 14-15 mins) — Major regional hospital providing comprehensive medical care and emergency services in the East.
• WATSONS (634m, 7-8 mins) — Handy pharmacy for daily health essentials and personal care needs.

Shopping & Retail:

• EASTPOINT MALL (679m, 8-9 mins) — A vibrant suburban mall with a wide range of retail shops, a supermarket, and enrichment centers.
• FAIRPRICE (564m, 6-7 mins) — Well-stocked supermarket nearby for all your fresh produce and daily household groceries.

Dining & Food:

• KOPITIAM (537m, 6-7 mins) — Local food court offering a variety of affordable and delicious Singaporean dishes for daily meals.
• WOK HEY (563m, 6-7 mins) — Popular quick-service spot for tasty stir-fried rice and noodles on the go.
• GONG CHA (566m, 6-7 mins) — Conveniently located bubble tea outlet for a refreshing drink after a day at work.

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

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: September 1, 2026