148 Simei Street 1 - 2 Units for Sale

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148 Simei Street 1 – PropertyGuru Market Pulse Insights

Recent PropertyGuru search behaviour suggests the development keeps a steady visible presence locally within the Pasir Ris / Tampines market. Drawing on 30 days of PropertyGuru search activity, the property continues to feature in the browsing patterns of those evaluating residential options in the eastern region. This consistent visibility indicates that the project remains a recognized choice for seekers prioritizing established HDB locations.

Most-searched Units: 4-Bedroom

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 729K
  • Avg PSF: S$ 657 psf (32.96% lower compared to Pasir Ris / Tampines average of S$ 980 psf)
  • Available Units: 2

Key Takeaway: Market demand indicators point strongly towards the 4-Bedroom configurations as the preferred choice for those browsing this development. While searchers are looking for larger layouts, the available 3-Bedroom inventory offers a significant value proposition, priced at a notable discount relative to the broader district average. The presence of specific lifestyle features like corner units and renovated interiors suggests that buyers are seeking quality-of-life upgrades within a competitive price bracket. This combination of affordability and high-demand layout preferences supports steady interest for well-maintained units in the project.

Location & Lifestyle Highlights — 148 Simei Street 1 560m (7 mins) to SIMEI MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Changi Airport incredibly straightforward and fast. Living at 148 Simei Street 1 puts you in a practical, well-established neighborhood where everything you need for a smooth daily routine is just a short walk away. It is a perfect spot for those who value efficiency and having a wide range of local amenities right at their doorstep. Nearby hotspots: MRT Stations:

• UPPER CHANGI MRT STATION (1189m, 14-15 mins) — Provides a useful connection to the Downtown Line for alternative routes across the island.

Bus Stops (43 within 1 km):

• BLK 148 (18m, 1 min) — Extremely convenient stop located just steps away for a quick start to your morning commute.
• BLK 130 (65m, 1 min) — Another very close option that links you easily to the wider Simei and Tampines transport network.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (236m, 2-3 mins) — Nearby early childhood education that makes morning drop-offs stress-free for parents.
• KIDSCAMPUS (CHANGI SIMEI) PTE LTD (252m, 3-4 mins) — Quality childcare services located within a very short walking distance from home.
• CHANGKAT PRIMARY SCHOOL (963m, 11-12 mins) — A reputable local primary school option situated within a comfortable distance for young students.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (616m, 7-8 mins) — Reliable medical services nearby for all your family's primary healthcare needs.
• WATSONS (697m, 8-9 mins) — Easy access to pharmacy supplies and personal care essentials within the neighborhood.
• INTEGRATED BUILDING CGHSACH (1401m, 16-17 mins) — Proximity to major hospital facilities ensures comprehensive medical support is always available.

Shopping & Retail:

• FAIRPRICE (222m, 2-3 mins) — Just a quick walk away for your daily groceries and household necessities.
• EASTPOINT MALL (735m, 8-9 mins) — A vibrant suburban mall offering a variety of retail shops, services, and lifestyle options.
• UGLYFOOD (1367m, 16-17 mins) — A unique retail choice for sustainable grocery shopping and fresh produce.

Dining & Food:

• KOPITIAM (593m, 7-8 mins) — Great for affordable local cooked food and a quick coffee in a casual setting.
• WOK HEY (626m, 7-8 mins) — Popular spot for tasty and convenient take-away meals on busy evenings.
• GONG CHA (629m, 7-8 mins) — Handy location to grab a refreshing bubble tea while you are out and about.

Convenience Stores:

• 7-ELEVEN (434m, 5-6 mins) — Perfect for picking up snacks or emergency supplies at almost any time of the day.
• PHOON HUAT (576m, 6-7 mins) — Excellent specialty store nearby for those who enjoy home baking and quality ingredients.

Highly attractive for: Young Families, Urban Professionals, Healthcare Workers, and Savvy Investors.

Market & Rental Insights

148 Simei Street 1 demonstrates a profile of capital growth and high rental efficiency within the Simei residential enclave.

• PSF Appreciation: S$576 → S$619 over recent years (+7.47%) from 2024 - 2025.
• Expected Rental Yield: At 6.53%, this reflects a strong return for investors.
• Transactions: 4 rental transactions in the last 6 months, indicating modest rental activity.
• PG Pulse Insight: With a +7.47% PSF increase and a strong rental yield of 6.53%, the project offers a compelling combination of capital appreciation and income generation despite modest transaction volumes.

Published date: May 25, 2026