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Existing executive condominium

Simei Green Condominium

Simei Street 4 · Tampines · District 18

: 99-year lease from 1996, about 69 years left · Completed 1999 (EdgeProp) · 602 homes

Recent sales, median
S$1,115
15 sales in 12 months
Sales in 12 months
15

PropGPT has not researched this condo the way it researches new launches: the figures here come from URA's sale and rental records, public map data and, for asking prices, EdgeProp. Visit, check the unit and the building, and ask for the management corporation's accounts before you offer.

Is it worth buying?

PropGPT financial score

79out of 100

Strong case on the numbers

Confidence: medium, some figures missing (67% of the weight known)

Adds up the measurable lines below: price against comparable homes, rental yield, the lease, how nearby prices moved, MRT distance and competing supply. 65 or more is a strong case on the numbers, 45 to 64 fair, under 45 weak. It leaves out what only you can judge (layout, school, the view) and is not a valuation or advice.

What makes up the score
Score parts: each part's mark out of 100, its share of the score, and why
PartMark
Price vs similar homes nearbynot countedNot known yet.Not known
Rental yield vs typical25% of the scoreRent of about 3.9% of the price a year; typical is 3.2%.100
Price vs other condos in the town17% of the score9% below the typical price of other condos in the town.80
Value lost to the lease in the next 10 years17% of the scoreAbout 69 years left: the lease takes about 6.9% off its value in the next 10 years.31
Nearby homes that beat the marketnot countedNot known yet.Not known
This condo's own prices vs the market17% of the scoreIts prices moved +26%; the whole market moved +21%.67
Distance to the MRT17% of the score362 m to the nearest station.93
Competing homes finishing nearby8% of the scoreNo competing homes finishing nearby around the same time.100

How the score is worked out

What a property agent would weigh up, from public data. Each line gives a plain answer and what it means for you. Open “Show the calculation” on any line for the exact figures.

PropGPT compares private condos and apartments only (ECs with ECs). HDB flats and landed homes are never in these comparisons, and every price is a real sale recorded by URA, not an asking price.

In your favour 4Neutral 2Watch out 0Not known yet 2

Am I paying a fair price?

  • Price vs similar resale homes nearby · Not known yet

    Not known yet

    Fewer than 10 similar resale ECs sold within 1.5 km in the last 12 months, or no price is known yet.

    Show the calculation

    What it compares

    This condo's median price per sq ft (its own 15 resales in the last 12 months) against resale ECs and apartments within 1.5 km, sold in the last 12 months, any size. Each resale price is scaled to this condo's lease. Not included: HDB flats, landed homes, homes resold before completion (sub-sales), and this condo itself.

    How PropGPT works out every line

  • Price vs other existing condos in Tampines · Neutral

    About 9% below the typical price of other existing condos in Tampines

    Priced like most of the homes you are likely to compare it with.

    This condo
    S$1,115 psf
    Typical in Tampines
    S$1,226 psf

    Based on 5 condos · a rough guide only

    Show the calculation

    What it compares

    Each of this condo's own resales (its own 15 resales in the last 12 months) against resales in other existing ECs in the same town (URA planning area) of a similar size (within 20%), sold in the same period, each scaled to this condo's lease, and to its building age (completed 1999) where the other condo's completion year is known.

    The figures

    • This condo: S$1,115 psf
    • 15 of its 15 own sales are each compared with the median of sales of a similar size in 5 other existing condos in Tampines. The gap is the median of these per-sale gaps; S$1,226 psf is the town price that gap implies.
    • Age adjustment: 5 of the 5 other condos are also scaled to this condo's age (completed 1999), about 0.9% per year of difference.
    • In your favour when 10% or more below the typical price; watch out when 10% or more above.

    How fair is this comparison?

    A rough guide only. Same town, lease and building age adjusted, each sale against homes of its own size; but condition and distances to the MRT differ within a town.

    What this check cannot see

    • Building age is adjusted at one average rate, about 0.9% a year (measured from 10,793 private resales in 1,531 condos, Oct 2025 to Oct 2026). Real prices fall faster in a building's first 15 years and slower after, faster for 99-year leases than freehold, and upkeep differs between buildings.

    How PropGPT works out every line

Can it earn or hold its value?

  • Rental yield · In your favour

    About 3.9% of the price a year in rent, before costs

    More than the typical 3.2% for existing condos, so rent would cover more of your costs if you let it out.

    This condo
    3.9%
    Typical for existing condos
    3.2%

    Based on 62 rental contracts, Q1 2026 to Q3 2026

    Show the calculation

    What it compares

    Rents of ECs and apartments of similar size within 1.5 km (URA rental contracts, last 4 quarters), per sq ft, × 12, against this condo's price per sq ft.

    The figures

    • Nearby rent: S$3.63 per sq ft a month, median of 62 contracts (URA, Q1 2026 to Q3 2026)
    • Yield = S$3.63 × 12 ÷ S$1,115 psf = 3.9%. In your favour when 0.3 percentage points or more above the typical yield; watch out when 0.3 or more below.

    How fair is this comparison?

    Fair. Rents of similar homes nearby, not of this condo.

    What this check cannot see

    • Gross yield: property tax, maintenance fees, agent fees and empty months usually take 1 to 2 percentage points off.
    • URA records rented sizes as ranges (for example 900–1,000 sq ft); PropGPT uses the middle.
    • Building age is not adjusted: a 25-year-old condo and a 3-year-old one count the same, so part of any gap is simply new against old.

    How PropGPT works out every line

  • Lease · Neutral

    99-year leasehold, about 69 years left

    Worth about 85% of a freehold home now and about 80% in 10 years (SLA leasehold table).

    Based on URA's title record

    Show the calculation

    What it compares

    Years left on the lease, from URA's lease start year.

    The figures

    • Lease value now: 85% of freehold; in 10 years: 80%.
    • SLA leasehold table (Bala's Table).

    How fair is this comparison?

    Very fair. A fact about this home.

    What this check cannot see

    • Bala's Table describes land value; what buyers pay for old leases does not follow it exactly.

    How PropGPT works out every line

  • How nearby homes' prices moved · Not known yet

    Not known yet

    Fewer than 3 nearby projects have enough sales two or more years apart to compare.

    Show the calculation

    What it compares

    For each project within 1.5 km with enough sales: the median price of its first 12 months of sales in PropGPT's data against its resales in the last 12 months, at least 2 years apart, compared with URA's private non-landed price index over the same quarters.

    How PropGPT works out every line

  • How this condo's prices moved · In your favour

    Prices moved +26% from 2022-Q2 to 2026-Q2; the whole market moved +21%

    It has done better than the private market; owners here have gained more than most.

    Based on 30 early and 15 recent sales

    Show the calculation

    What it compares

    This condo's median resale price per sq ft in its first 12 months in PropGPT's data (from October 2021) against its last 12 months, compared with URA's private non-landed price index over the same quarters.

    The figures

    • +26% against the market's +21%.
    • In your favour when 5 percentage points or more ahead of the market; watch out when 5 or more behind.

    How fair is this comparison?

    Fair. The same condo at two times, but not the same units: the mix of sizes and floors sold differs.

    What this check cannot see

    • A short period: from late 2021 at the earliest.
    • As the lease runs down, a leasehold condo is expected to lag freehold homes in the index.
    • Past price moves do not predict future ones.

    How PropGPT works out every line

  • MRT · In your favour

    362 m to Upper Changi MRT Station

    Within an easy walk; homes near stations are in steady demand from buyers and tenants.

    Based on LTA station exits and URA Master Plan 2019, worked out 4 Nov 2026

    Show the calculation

    What it compares

    Straight-line distance from the project's map point to the nearest MRT or LRT exit in service (LTA), and to the nearest planned station (URA Master Plan 2019).

    The figures

    • Nearest planned station: Xilin (planned), 1,559 m
    • In your favour within 500 m of a station in service or planned; watch out over 1 km from both.

    How fair is this comparison?

    Very fair. A fact about this location.

    What this check cannot see

    • Straight-line distance: walking routes are longer, often by a third.
    • Planned stations can be years away and dates change.

    How PropGPT works out every line

What could go wrong?

  • Competing homes finishing nearby · In your favour

    No other unfinished projects within 1.5 km due around the same time

    No competition from other new homes when you want to rent out or sell.

    Based on URA's list of projects not yet completed, worked out 4 Nov 2026

    Show the calculation

    What it compares

    Homes in other private projects within 1.5 km that URA lists as not yet completed, due in the next few years.

    The figures

    • URA pipeline of private homes not yet completed.
    • In your favour when there are none; watch out at 1,000 homes or more.

    How fair is this comparison?

    Fair. Counts homes, not who will sell or rent them.

    What this check cannot see

    • Completion years in URA's pipeline often shift by a year or more.
    • Land sold but not yet in URA's pipeline is not counted.
    • 1.5 km in a straight line can reach across an expressway, river or park into a different market.

    How PropGPT works out every line

  • Cost to buy, hold and sell · Fact

    S$27,800 in stamp duty for the estimated price

    Profit only starts after these costs are covered.

    Based on today's IRAS stamp duty rates

    Show the calculation

    What it compares

    Stamp duties under the current IRAS rates for the price shown.

    The figures

    • Stamp duty on S$1.08M: S$27,800 (assumes a Singapore citizen buying a first home)
    • Selling within 4 years of buying costs seller's stamp duty of 16% falling to 4%; buying now, that ends around Nov 2030.
    • A completed home: the full loan starts at once, and a buyer's agent fee (often 1%) is usual if you use one.

    How fair is this comparison?

    Very fair. Worked out for this price.

    What this check cannot see

    • Assumes a Singapore citizen buying a first home until you add your details.

    How PropGPT works out every line

Good to know (not judged)

  • Sales in the last 12 months · Fact

    15 resales

    More sales mean a clearer price and an easier sale later. Few sales make every figure here less certain.

    Based on URA sales, Nov 2025 to Nov 2026

  • Completed · Fact

    1999

    Older buildings need more upkeep; very old ones may be en bloc candidates.

    Show the calculation

    The figures

    • From EdgeProp, checked 2026-11-01.

    How PropGPT works out every line

PropGPT calculations from URA and data.gov.sg, updated 3 Nov 2026. PropGPT is not a licensed estate agency and does not act for buyers or sellers. These figures are not a valuation, a forecast or financial advice, and past results nearby do not predict future returns. How each line is worked out

What it costs

Estimates from what homes here actually sold for. URA records each home's size, not its bedrooms, so the bedroom count is a guess from floor area.

Size (bedrooms, a guess)Typical sizeMedian priceRangeSales
2-bedroom 650–999 sq ft969 sq ftS$1.08MS$1.06M to S$1.14M4 in 12 months
3-bedroom 1,000–1,399 sq ft1,249 sq ftS$1.40MS$1.29M to S$1.49M8 in 12 months
4-bedroom 1,400–1,899 sq ft1,701 sq ftS$1.76MS$1.62M to S$1.79M3 in 12 months

Asking prices now

  • 3-bedroomS$1.43M S$1,197 psf
  • 3-bedroomS$1.43M S$1,056 psf
  • 3-bedroomS$1.44M S$1,153 psf
  • 3-bedroomS$1.55M S$1,143 psf
  • 3-bedroomS$1.90M S$1,084 psf
  • 4-bedroomS$1.43M S$1,057 psf
  • 4-bedroomS$1.68M S$1,239 psf
  • 5-bedroomS$1.30M S$1,342 psf
  • 6-bedroomS$1.58M S$1,265 psf

A sample of listings on EdgeProp, checked 2026-11-01. Asking prices are what sellers hope for; homes usually sell for less. Listings may have sold since.

See current listings on EdgeProp, 99.co or PropertyGuru.

Stamp duty on S$1,080,000: S$27,800 (assumes a Singapore citizen buying a first home). A completed home: the full loan starts at once.

Recent sales

Every resale and sub-sale recorded by URA, newest first. URA gives floors as a range of five.

MonthSizeFloorPricePSF
Oct 2026969 sq ft01-05S$1,080,000S$1,115
Aug 20261,195 sq ft06-10S$1,390,000S$1,163
Aug 20261,733 sq ft01-05S$1,788,888S$1,032
Jun 2026969 sq ft01-05S$1,058,000S$1,092
Jun 20261,701 sq ft11-15S$1,760,000S$1,035
May 20261,249 sq ft06-10S$1,370,000S$1,097
May 2026969 sq ft06-10S$1,138,000S$1,174
Apr 20261,249 sq ft01-05S$1,288,888S$1,032
Apr 2026969 sq ft06-10S$1,080,000S$1,115
Mar 20261,195 sq ft01-05S$1,430,000S$1,197
Mar 20261,249 sq ft01-05S$1,410,000S$1,129
Feb 20261,195 sq ft06-10S$1,380,000S$1,155
Feb 20261,593 sq ft01-05S$1,620,000S$1,017
Jan 20261,356 sq ft01-05S$1,488,888S$1,098
Dec 20251,249 sq ft06-10S$1,411,919S$1,130
Oct 2025969 sq ft01-05S$1,031,000S$1,064
Sept 2025969 sq ft06-10S$1,042,000S$1,075
Sept 2025969 sq ft06-10S$1,116,800S$1,153
Sept 20251,561 sq ft01-05S$1,470,000S$942
Sept 20251,195 sq ft01-05S$1,325,008S$1,109

Location

Nearest mrt station
Upper Changi MRT Station
362 m · ~5 min walk
Nearest school
Changkat Changi Secondary School
536 m · ~7 min walk
Nearest park
Sunbird Circle Pg
230 m · ~3 min walk
Nearest supermarket
Ntuc Fairprice Co-Operative Ltd (Eastpoint Mall)
559 m · ~7 min walk
Simei Green CondominiumMRT stationSchoolParkSupermarket

URA gives one map point per condo. Open data from LTA, NParks, MOE and SFA (data.gov.sg). Map: OpenFreeMap, OpenStreetMap contributors.

What next?

Compare Simei Green Condominium with other condos in Find the best buys. Before you make an offer, view the unit and check the price against the recent sales above.

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