homequant
condo · 389755

Simsville

Project page · 99-year lease from 1994

Indicative value range
S$1,761,889 – S$1,880,758
Indicative mid S$1,786,333 · S$1,443 psf

Based on 7 sales in this project, last 6 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Sept 2026Simsville11-151,528 sqftS$2,420,000S$1,583 psf×1.000S$1,583 psf
Aug 2026Simsville11-151,249 sqftS$1,850,000S$1,482 psf×1.000S$1,482 psf
Aug 2026Simsville01-051,249 sqftS$1,750,000S$1,402 psf×1.000S$1,402 psf
Aug 2026Simsville06-101,238 sqftS$1,740,000S$1,406 psf×1.000S$1,406 psf
Jul 2026Simsville01-051,528 sqftS$2,380,000S$1,557 psf×1.000S$1,557 psf
Jun 2026Simsville06-10969 sqftS$1,398,000S$1,443 psf×1.000S$1,443 psf
May 2026Simsville06-10969 sqftS$1,396,000S$1,441 psf×1.000S$1,441 psf

How accurate is this estimate for Simsville?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 16 sales in Simsville since.

Median error
3.7%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

2.82% gross yield

S$50,400 of rent a year against the estimate above · 0.34 points below flats like it

Leases signed here within a quarter of this size run about S$4,200 a month, the middle of 90 of them.

In the rest of the central region, leasehold flats with 60 to 69 years of lease left yield 3.16%, from 33 projects.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 20261500-1600 sqft4Non-landed PropertiesS$7,100
Q3 20261500-1600 sqft4Non-landed PropertiesS$7,100
Q3 20261200-1300 sqft3Non-landed PropertiesS$6,200
Q3 20261200-1300 sqft3Non-landed PropertiesS$6,200
Q3 20261200-1300 sqft3Non-landed PropertiesS$6,200
Q3 20261500-1600 sqft4Non-landed PropertiesS$5,800
Q3 20261500-1600 sqft4Non-landed PropertiesS$5,800
Q3 20261200-1300 sqft3Non-landed PropertiesS$5,700

median of 90 URA rental contracts at Simsville within a quarter of 115 sqm, since 2025Q4.

Buying or selling at S$1,786,333?

Buying: Stamp duty on S$1,786,333 · Cash and CPF needed on S$1,786,333 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,786,333.

Each opens with this figure filled in; change anything there.

Primary schools near 4 Geylang East Avenue 2

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Sept 2026
Simsville · 11-15 · Condominium · 66 years left
1,528 sqftS$2,420,000S$1,583 psf
Aug 2026
Simsville · 01-05 · Condominium · 66 years left
1,249 sqftS$1,750,000S$1,402 psf
Aug 2026
Simsville · 06-10 · Condominium · 66 years left
1,238 sqftS$1,740,000S$1,406 psf
Aug 2026
Simsville · 11-15 · Condominium · 66 years left
1,249 sqftS$1,850,000S$1,482 psf
Aug 2026
Simsville · 11-15 · Condominium · 66 years left
excluded: outlier
1,238 sqftS$2,020,000S$1,632 psf
Jul 2026
Simsville · 11-15 · Condominium · 67 years left
excluded: outlier
980 sqftS$1,468,000S$1,499 psf
Jul 2026
Simsville · 01-05 · Condominium · 67 years left
1,528 sqftS$2,380,000S$1,557 psf
Jul 2026
Simsville · 16-20 · Condominium · 67 years left
excluded: outlier
1,249 sqftS$1,960,000S$1,570 psf
Jun 2026
Simsville · 06-10 · Condominium · 67 years left
969 sqftS$1,398,000S$1,443 psf
Jun 2026
Simsville · 01-05 · Condominium · 67 years left
excluded: outlier
1,249 sqftS$1,700,000S$1,362 psf
May 2026
Simsville · 06-10 · Condominium · 67 years left
969 sqftS$1,396,000S$1,441 psf
Apr 2026
Simsville · 06-10 · Condominium · 67 years left
980 sqftS$1,330,000S$1,358 psf
Apr 2026
Simsville · 01-05 · Condominium · 67 years left
excluded: outlier
1,238 sqftS$1,700,000S$1,373 psf
Apr 2026
Simsville · 06-10 · Condominium · 67 years left
1,528 sqftS$2,250,000S$1,472 psf
Mar 2026
Simsville · 06-10 · Condominium · 67 years left
excluded: outlier
1,238 sqftS$1,910,000S$1,543 psf
Feb 2026
Simsville · 06-10 · Condominium · 67 years left
1,238 sqftS$1,845,000S$1,490 psf
Feb 2026
Simsville · 11-15 · Condominium · 67 years left
969 sqftS$1,420,000S$1,466 psf
Feb 2026
Simsville · 11-15 · Condominium · 67 years left
1,249 sqftS$1,860,000S$1,490 psf
Nov 2025
Simsville · 06-10 · Condominium · 67 years left
980 sqftS$1,350,000S$1,378 psf
Oct 2025
Simsville · 01-05 · Condominium · 67 years left
980 sqftS$1,388,000S$1,417 psf
Oct 2025
Simsville · 11-15 · Condominium · 67 years left
1,238 sqftS$1,830,000S$1,478 psf
Oct 2025
Simsville · 06-10 · Condominium · 67 years left
1,249 sqftS$1,830,000S$1,466 psf
Sept 2025
Simsville · 06-10 · Condominium · 67 years left
980 sqftS$1,400,000S$1,429 psf
Jul 2025
Simsville · 11-15 · Condominium · 68 years left
980 sqftS$1,400,000S$1,429 psf
Jan 2025
Simsville · 06-10 · Condominium · 68 years left
1,238 sqftS$1,735,000S$1,402 psf
Dec 2024
Simsville · 06-10 · Condominium · 68 years left
excluded: outlier
1,238 sqftS$1,800,000S$1,454 psf
Nov 2024
Simsville · 06-10 · Condominium · 68 years left
1,528 sqftS$2,100,000S$1,374 psf
Oct 2024
Simsville · 16-20 · Condominium · 68 years left
980 sqftS$1,388,000S$1,417 psf
Sept 2024
Simsville · 06-10 · Condominium · 68 years left
969 sqftS$1,288,000S$1,330 psf
Aug 2024
Simsville · 06-10 · Condominium · 68 years left
excluded: outlier
1,249 sqftS$1,750,000S$1,402 psf
Jul 2024
Simsville · 01-05 · Condominium · 69 years left
980 sqftS$1,275,000S$1,302 psf
Jul 2024
Simsville · 06-10 · Condominium · 69 years left
1,249 sqftS$1,700,000S$1,362 psf
Jun 2024
Simsville · 06-10 · Condominium · 69 years left
1,249 sqftS$1,688,000S$1,352 psf
Mar 2024
Simsville · 06-10 · Condominium · 69 years left
1,249 sqftS$1,650,000S$1,321 psf
Feb 2024
Simsville · 11-15 · Condominium · 69 years left
1,528 sqftS$1,960,000S$1,282 psf
Feb 2024
Simsville · 11-15 · Condominium · 69 years left
1,238 sqftS$1,688,888S$1,364 psf
Feb 2024
Simsville · 06-10 · Condominium · 69 years left
969 sqftS$1,285,000S$1,326 psf
Feb 2024
Simsville · 01-05 · Condominium · 69 years left
1,249 sqftS$1,470,000S$1,177 psf
Feb 2024
Simsville · 06-10 · Condominium · 69 years left
1,238 sqftS$1,628,000S$1,315 psf
Dec 2023
Simsville · 16-20 · Condominium · 69 years left
980 sqftS$1,300,000S$1,327 psf
Nov 2023
Simsville · 11-15 · Condominium · 69 years left
980 sqftS$1,280,000S$1,307 psf
Nov 2023
Simsville · 11-15 · Condominium · 69 years left
969 sqftS$1,302,000S$1,344 psf
Nov 2023
Simsville · 11-15 · Condominium · 69 years left
969 sqftS$1,180,000S$1,218 psf
Nov 2023
Simsville · 01-05 · Condominium · 69 years left
1,249 sqftS$1,466,000S$1,174 psf
Sept 2023
Simsville · 01-05 · Condominium · 69 years left
1,528 sqftS$1,820,000S$1,191 psf
Aug 2023
Simsville · 06-10 · Condominium · 69 years left
1,238 sqftS$1,630,000S$1,317 psf
Jul 2023
Simsville · 01-05 · Condominium · 70 years left
969 sqftS$1,268,000S$1,309 psf
Jun 2023
Simsville · 11-15 · Condominium · 70 years left
980 sqftS$1,288,800S$1,316 psf
Jul 2022
Simsville · 11-15 · Condominium · 71 years left
1,528 sqftS$1,850,000S$1,210 psf
Jun 2022
Simsville · 01-05 · Condominium · 71 years left
1,249 sqftS$1,520,000S$1,217 psf
Jun 2022
Simsville · 06-10 · Condominium · 71 years left
980 sqftS$1,150,000S$1,174 psf
May 2022
Simsville · 06-10 · Condominium · 71 years left
1,249 sqftS$1,460,000S$1,169 psf
May 2022
Simsville · 01-05 · Condominium · 71 years left
1,249 sqftS$1,475,000S$1,181 psf
Dec 2021
Simsville · 11-15 · Condominium · 71 years left
980 sqftS$1,150,000S$1,174 psf
Nov 2021
Simsville · 01-05 · Condominium · 71 years left
1,249 sqftS$1,380,000S$1,105 psf
Nov 2021
Simsville · 06-10 · Condominium · 71 years left
1,238 sqftS$1,395,000S$1,127 psf

Sale prices as filed in caveats.

Where the lease takes this

About 66 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from private resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearPrices 4% a yearThis market's record, 4.09% a yearmeasured
5 years61 yearsS$1,708,992S$1,886,865S$2,079,250S$2,088,262
10 years56 yearsS$1,610,429S$1,963,104S$2,383,829S$2,404,538
20 years46 yearsS$1,430,486S$2,125,628S$3,134,372S$3,189,069

On a flat market the lease alone costs 20% over 20 years. Prices would need to rise about 1.12% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 4.09% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.