148 Simei Street 1 - 1 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 area. Drawing on 30 days of PropertyGuru search activity, the property remains a consistent point of reference for seekers exploring residential options in this part of the market.

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 588K
  • Avg PSF: S$ 650 psf (35.06% lower compared to Pasir Ris / Tampines average of S$ 1,002 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward a specific interest in larger configurations, with the 3-bedroom units serving as the primary focus for active searches. With only a single listing currently available, the limited inventory creates a high-demand, low-supply dynamic for those seeking entry into the project. The property offers significant value, as its average pricing sits 35.06% lower than the broader Pasir Ris / Tampines district average. This competitive price positioning, combined with a diverse range of popular features, supports steady market interest and pricing discipline.

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 efficient for daily travelers. This address at 148 Simei Street 1 offers a practical and modern living experience right in the heart of a mature residential estate. It is a great spot for those who value being within walking distance of essential transport links and a variety of local food options. Nearby hotspots: MRT Stations:

• UPPER CHANGI MRT STATION (1189m, 14-15 mins) — Provides an alternative connection via the Downtown Line, perfect for reaching the Marina Bay area and Bukit Timah.

Bus Stops (43 within 1 km):

• BLK 148 (18m, 1 min) — Unbeatable convenience with a bus stop right at your doorstep for quick local trips.
• BLK 130 (65m, 1 min) — Another very close option that links you easily to the wider Simei and Tampines bus network.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 131 (KN) (236m, 2-3 mins) — A trusted early childhood education center located just a short stroll away for young families.
• KIDSCAMPUS (CHANGI SIMEI) PTE LTD (252m, 3-4 mins) — Convenient childcare services nearby that make the morning school run stress-free.
• CHANGKAT PRIMARY SCHOOL (963m, 11-12 mins) — A reputable local primary school within a comfortable distance for school-going children.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (616m, 7-8 mins) — Reliable medical services nearby to handle your family's primary healthcare needs.
• WATSONS (697m, 8-9 mins) — Easy access to pharmacy supplies and personal care essentials within the neighborhood.
• GUARDIAN (726m, 8-9 mins) — Another handy option for health supplements and quick medical consultations.

Shopping & Retail:

• FAIRPRICE (222m, 2-3 mins) — Your daily grocery needs are well-covered with this supermarket just a few minutes away.
• EASTPOINT MALL (735m, 8-9 mins) — A major suburban mall offering a wide range of retail shops, services, and lifestyle amenities.

Dining & Food:

• SNACK SHOP (540m, 6-7 mins) — Great for a quick bite or local snacks when you are on the move.
• KOPITIAM (593m, 7-8 mins) — A variety of affordable local food stalls providing plenty of choices for daily meals.
• WOK HEY (626m, 7-8 mins) — Popular take-out option for fresh, customized stir-fry dishes near the station.

Highly attractive for: Young Families, Urban Professionals, First-time Buyers

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: July 1, 2026