232 Simei Street 4 - 1 Units for Sale
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232 Simei Street 4
232 Simei Street 4 520232(D18) Pasir Ris / Tampines
Summary
232 Simei Street 4
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Project details
TypeHDB
Completion year1989
Tenure99-year Leasehold
No. of blocks1
No. of floors11
DeveloperHousing & Development Board (HDB)
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Show More232 Simei Street 4 – PropertyGuru Market Pulse Insights
Pricing by Unit Types:
Location & Lifestyle Highlights — 232 Simei Street 4 540m (6 mins) to SIMEI MRT STATION — This station sits on the East-West Line, providing a direct and efficient link to the Central Business District and Changi Airport for daily commuters. Living at 232 Simei Street 4 puts you in a mature residential setting where everything you need for a smooth daily routine is just a short walk away. The location balances quiet neighborhood life with excellent access to major transport nodes and a wide variety of local food options. Nearby hotspots: MRT Stations:
Market & Rental Insights
Show MoreThe project stays present in local property search patterns among people reviewing options in the Pasir Ris / Tampines area, according to PropertyGuru's 30-day search trends. This presence within the local market mix reflects a steady level of visibility for the development among active buyers exploring the district.
Popular preferences: Corner Unit, Tennis Court, Gym, Balcony, TerracePricing by Unit Types:
Location & Lifestyle Highlights — 232 Simei Street 4 540m (6 mins) to SIMEI MRT STATION — This station sits on the East-West Line, providing a direct and efficient link to the Central Business District and Changi Airport for daily commuters. Living at 232 Simei Street 4 puts you in a mature residential setting where everything you need for a smooth daily routine is just a short walk away. The location balances quiet neighborhood life with excellent access to major transport nodes and a wide variety of local food options. Nearby hotspots: MRT Stations:
- UPPER CHANGI MRT STATION (888m, 10-11 mins) — Access to the Downtown Line offers another convenient way to reach the city center and the Bukit Timah education belt.
- BLK 233 (130m, 1-2 mins) — Very close stop providing immediate bus connections for quick trips around the Simei and Tampines areas.
- OPPOSITE BLK 224 (139m, 1-2 mins) — Handy alternative stop that makes the local commute even more flexible for residents.
- PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI BLK 233 (CC) (78m, 1 min) — Highly convenient childcare option located just steps away for parents with young children.
- MORIAH CHILD CARE AND DEVELOPMENT CENTRE (128m, 1-2 mins) — Another nearby early learning center providing quality care and peace of mind for growing families.
- CHANGKAT PRIMARY SCHOOL (735m, 8-9 mins) — Reputable local primary school within a comfortable walking distance for school-going children.
- NORTHEAST MEDICAL GROUP (472m, 5-6 mins) — Nearby medical clinic for general health consultations and family wellness needs.
- GUARDIAN (510m, 6-7 mins) — Convenient pharmacy access for daily health essentials and personal care products.
- WATSONS (573m, 6-7 mins) — Well-located retail pharmacy providing a wide range of health and beauty supplies.
- FAIRPRICE (482m, 5-6 mins) — Trusted supermarket nearby for all your fresh produce and household grocery shopping.
- EASTPOINT MALL (520m, 6-7 mins) — Vibrant suburban mall offering a mix of retail brands, services, and lifestyle amenities.
- UGLYFOOD (969m, 11-12 mins) — Unique retail option focusing on sustainable food choices for eco-conscious residents.
- GONG CHA (441m, 5-6 mins) — Popular spot for a quick refreshment or bubble tea treat after work.
- WOK HEY (441m, 5-6 mins) — Fast and tasty stir-fry options perfect for a convenient takeaway dinner.
- KFC (480m, 5-6 mins) — Familiar quick-service dining located nearby for easy family meals.
Market & Rental Insights
232 Simei Street 4 demonstrates a profile of steady capital appreciation paired with high-yielding rental potential.
- PSF Appreciation:S$527 → S$553 over recent years (+4.93%) from 2023 - 2025.
- Expected Rental Yield: At 6.79%, this reflects a strong return for investors.
- Transactions:2 rental transactions in the last 6 months, showing modest rental activity.
- PG Pulse Insight: With a 4.93% increase in PSF and a strong rental yield of 6.79%, the project offers a compelling combination of capital growth and high rental income despite limited transaction volume.
Published date: October 2, 2026
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