124 Simei Street 1 - 1 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, the development continues to feature in the local market's browsing mix as seekers evaluate their options.

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 888K
  • Avg PSF: S$ 671 psf (31.59% lower compared to Pasir Ris / Tampines average of S$ 980 psf)
  • Available Units: 1

Key Takeaway: Market interest is currently concentrated on the 3-Bedroom configurations which represent the primary available inventory for this property. With the asking price positioned at a 31.59% discount relative to the broader Pasir Ris / Tampines average, the development offers a highly competitive entry point for the district. The presence of sought-after features like corner units and renovated interiors suggests a focus on quality despite the lean supply. This pricing advantage combined with specific unit attributes is likely to sustain steady attention from value-oriented buyers in the local market.

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. This address at 124 Simei Street 1 offers a practical and efficient home base in a mature estate where everything you need is just a short walk away. It is a perfect fit for those who value a balanced lifestyle with quick transit links and established neighborhood amenities right at their doorstep. 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 through the Simei and Tampines neighborhoods.
• SIMEI STN / BLK 247 (317m, 3-4 mins) — Handy stop located near the station for quick transfers to various parts of the island.

Education & Early Learning:

• 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) — Quality early childhood education located just a stone's throw from home.
• CHANGKAT PRIMARY SCHOOL (894m, 10-11 mins) — Reputable primary education within a comfortable walking distance for young students.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (552m, 6-7 mins) — Accessible general healthcare services for common ailments and family check-ups.
• CHANGI GENERAL HOSPITAL (1196m, 14-15 mins) — Major regional hospital providing comprehensive medical specialist services and emergency care nearby.

Shopping & Retail:

• FAIRPRICE (564m, 6-7 mins) — Reliable spot for daily grocery runs and household essentials.
• EASTPOINT MALL (679m, 8-9 mins) — Vibrant suburban mall offering a wide range of retail shops, fashion outlets, and enrichment centers.

Dining & Food:

• KOPITIAM (537m, 6-7 mins) — Local food court with a variety of affordable hawker favorites for everyday meals.
• WOK HEY (563m, 6-7 mins) — Popular quick-service option for fresh, customized stir-fry dishes on the go.
• GIANT SUPERMARKET (490m, 5-6 mins) — Large supermarket nearby that is great for stocking up on fresh produce and pantry staples.

Convenience Stores:

• 7-ELEVEN (566m, 6-7 mins) — Reliable 24-hour stop for quick snacks, drinks, and last-minute necessities.
• PHOON HUAT (519m, 6-7 mins) — Specialized store nearby that is a favorite for home bakers looking for quality ingredients.

Highly attractive for: Young Families, Healthcare Professionals, Urban Commuters, Savvy Investors

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: May 25, 2026