246 Simei Street 5 - 1 Units for Sale

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246 Simei Street 5 – PropertyGuru Market Pulse Insights

The project retains a presence in recent search activity for the local market, according to PropertyGuru search trends over the past month show. Recent data indicates the property remains relevant to active buyer seekers in the Pasir Ris / Tampines area.

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

Pricing by Unit Types:

Key Takeaway: Market demand indicators point strongly towards specific configurations as the primary draw for buyers exploring this development. While inventory levels for various unit types remain selective, the project continues to attract interest from those prioritizing specific lifestyle features like corner units and renovated interiors. The current pricing structure reflects a disciplined market position that caters to seekers looking for established HDB options in this district. This selective buyer interest suggests a stable support level for the property within the broader local landscape.

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 incredibly easy to reach the CBD or Changi Airport in just a few stops. Living at 246 Simei Street 5 puts you right in the heart of a mature residential area where everything you need is just a short walk away. It is a practical choice for those who value a straightforward, efficient lifestyle with excellent transport and food options right at their doorstep. Nearby hotspots: MRT Stations:

• UPPER CHANGI MRT STATION (1398m, 16-17 mins) — Access the Downtown Line for a direct route towards the Bukit Timah education belt and the city center.

Bus Stops (35 within 1 km):

• BLK 120/OPP SIMEI STN (83m, 1 min) — Extremely close stop providing immediate access to several feeder services around the estate.
• SIMEI STN / BLK 247 (121m, 1-2 mins) — Convenient boarding point for residents heading towards Tampines or Expo.

Education & Early Learning:

• MY WORLD PRESCHOOL LTD. (84m, 1-2 mins) — Very handy childcare option for parents who need a reliable preschool just a minute from home.
• CHANGKAT PRIMARY SCHOOL (702m, 8-9 mins) — Reputable local primary school within a comfortable walking distance for young students.
• ITE COLLEGE EAST (1125m, 13-14 mins) — Major tertiary institution nearby offering specialized vocational training and facilities.

Healthcare & Wellness:

• NORTHEAST MEDICAL GROUP (358m, 4-5 mins) — Nearby clinic for general medical consultations and family health needs.
• CHANGI GENERAL HOSPITAL (1007m, 12-13 mins) — Major regional hospital providing comprehensive specialist care and emergency services.
• WATSONS (439m, 5-6 mins) — Convenient pharmacy for daily health essentials and personal care products.

Shopping & Retail:

• EASTPOINT MALL (455m, 5-6 mins) — Vibrant suburban mall featuring a wide range of retail shops, a supermarket, and enrichment centers.
• FAIRPRICE (370m, 4-5 mins) — Reliable grocery shopping for fresh produce and household necessities just a short stroll away.

Dining & Food:

• KOPITIAM (313m, 3-4 mins) — Local food court offering a variety of affordable and tasty everyday meals.
• WOK HEY (369m, 4-5 mins) — Popular quick-service spot for customized stir-fry dishes, perfect for a fast dinner.
• SNACK SHOP (283m, 3-4 mins) — Handy local eatery for quick bites and refreshments throughout the day.

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

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: August 2, 2026