246 Simei Street 5 - 1 Units for Sale

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246 Simei Street 5 – PropertyGuru Market Pulse Insights

The development continues to appear in recent local property searches, supporting ongoing market visibility based on PropertyGuru search data over the past 30 days in Pasir Ris / Tampines. This presence within the local search landscape indicates that it remains a recognized option for buyers exploring the broader district.

Popular preferences: Corner Unit, Tennis Court, Gym, Balcony, Terrace

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 789K
  • Avg PSF: S$ 698 psf (31.44% lower compared to Pasir Ris / Tampines average of S$ 1,018 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the primary focus for those looking at this property. With only a single unit currently listed, the limited inventory suggests a highly selective opportunity for buyers seeking entry into the area at a significant value. The property is positioned at a notable discount relative to the Pasir Ris / Tampines average, which may attract price-sensitive seekers. This combination of low supply and competitive pricing supports steady interest from those prioritizing affordability within the district.

Location & Lifestyle Highlights — 246 Simei Street 5 300m (4 mins) to SIMEI MRT STATION — This station provides a direct link to the East-West Line, making it very easy to reach the airport or the city center for work. Living at 246 Simei Street 5 puts you right in the heart of a mature neighborhood where everything you need is just a short walk away. The location is perfect for those who value efficiency and having daily essentials like the MRT and local shops right at their doorstep. Nearby hotspots: MRT Stations:

• UPPER CHANGI MRT STATION (1390m, 16-17 mins) — This station offers access to the Downtown Line, giving residents more options for traveling across the island.

Bus Stops (38 within 1 km):

• BLK 120/OPP SIMEI STN (83m, 1 min) — This stop is just a few steps away and serves multiple routes for a quick commute around the estate.
• SIMEI STN / BLK 247 (121m, 1-2 mins) — A very handy boarding point for residents looking to connect to various parts of the East.

Education & Early Learning:

• MY WORLD PRESCHOOL LTD. (84m, 1-2 mins) — A very convenient childcare option for parents who want to drop off their little ones right before heading to the MRT.
• CHANGKAT PRIMARY SCHOOL (702m, 8-9 mins) — A reputable local primary school within a comfortable walking distance for young students.
• CHANGKAT CHANGI SECONDARY SCHOOL (817m, 9-10 mins) — Provides a nearby secondary education option, saving travel time for older children.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (358m, 4-5 mins) — A nearby clinic for general medical needs and family health consultations.
• CHANGI GENERAL HOSPITAL (1005m, 12-13 mins) — A major regional hospital providing comprehensive medical services and emergency care close to home.
• WATSONS (439m, 5-6 mins) — Convenient for picking up health supplements and personal care items.

Shopping & Retail:

• EASTPOINT MALL (442m, 5-6 mins) — A popular neighborhood mall with a wide variety of shops, services, and a supermarket for all your household needs.
• FAIRPRICE (370m, 4-5 mins) — Ideal for the weekly grocery run with a good selection of fresh produce and daily essentials.

Dining & Food:

• KOPITIAM (313m, 3-4 mins) — A great spot for affordable local food and a quick coffee in a comfortable setting.
• WOK HEY (357m, 4-5 mins) — A popular choice for a quick and tasty takeaway meal on the way home from the station.
• GONG CHA (354m, 4-5 mins) — Perfect for grabbing a refreshing bubble tea while running errands nearby.

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

Market & Rental Insights

246 Simei Street 5 demonstrates a profile of capital appreciation and significant income potential for property owners.

• PSF Appreciation:S$623 → S$677 over recent years (+8.67%) from 2023 - 2025.
• Expected Rental Yield: At 5.57%, this project offers a strong return for investors.
• PG Pulse Insight: With a strong rental yield of 5.57% and a PSF increase of 8.67%, the project maintains a positive trajectory for both yield-seeking and capital-focused investors.

Published date: October 2, 2026