homequant
condo · 529871

Modena

Project page · 99-year lease from 1997

Indicative value range
S$1,764,912 – S$1,820,917
Indicative mid S$1,794,421 · S$1,258 psf

Based on 4 sales in this project, last 12 months. Search widened 1 of 4 steps to find enough comparable sales. 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
May 2026Modena06-101,356 sqftS$1,798,000S$1,326 psf×1.000S$1,326 psf
Feb 2026Modena06-101,442 sqftS$1,820,000S$1,262 psf×0.999S$1,260 psf
Jan 2026Modena01-051,690 sqftS$2,000,000S$1,183 psf×0.999S$1,182 psf
Nov 2025Modena06-101,410 sqftS$1,735,000S$1,230 psf×1.021S$1,256 psf

How accurate is this estimate for Modena?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 10 sales in Modena since.

Median error
4.1%

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.

3.28% gross yield

S$58,800 of rent a year against the estimate above · 0.27 points below flats like it

Leases signed here within a quarter of this size run about S$4,900 a month, the middle of 21 of them.

In outside the central region, leasehold flats with 60 to 69 years of lease left yield 3.55%, from 67 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 20261900-2000 sqft3Non-landed PropertiesS$5,300
Q3 20261800-1900 sqft3Non-landed PropertiesS$5,250
Q3 20261600-1700 sqft3Non-landed PropertiesS$5,250
Q3 20261400-1500 sqft3Non-landed PropertiesS$4,900
Q3 2026900-1000 sqft2Non-landed PropertiesS$3,900
Q3 2026900-1000 sqft2Non-landed PropertiesS$3,800
Q2 20262700-2800 sqft4Non-landed PropertiesS$8,000
Q2 20262700-2800 sqft4Non-landed PropertiesS$8,000

median of 21 URA rental contracts at Modena within a quarter of 132.5 sqm, since 2025Q4.

Buying or selling at S$1,794,421?

Buying: Stamp duty on S$1,794,421 · Cash and CPF needed on S$1,794,421 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,794,421.

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

Primary schools near 39 Simei Street 4

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
Modena · 06-10 · Condominium · 69 years left
947 sqftS$1,210,000S$1,277 psf
Jul 2026
Modena · 01-05 · Condominium · 70 years left
969 sqftS$1,230,000S$1,270 psf
May 2026
Modena · 06-10 · Condominium · 70 years left
1,356 sqftS$1,798,000S$1,326 psf
Apr 2026
Modena · 11-15 · Condominium · 70 years left
2,777 sqftS$3,100,000S$1,116 psf
Feb 2026
Modena · 06-10 · Condominium · 70 years left
1,442 sqftS$1,820,000S$1,262 psf
Jan 2026
Modena · 01-05 · Condominium · 70 years left
1,690 sqftS$2,000,000S$1,183 psf
Nov 2025
Modena · 11-15 · Condominium · 70 years left
2,799 sqftS$2,800,000S$1,001 psf
Nov 2025
Modena · 06-10 · Condominium · 70 years left
1,410 sqftS$1,735,000S$1,230 psf
Oct 2025
Modena · 06-10 · Condominium · 70 years left
1,410 sqftS$1,803,888S$1,279 psf
Oct 2025
Modena · 01-05 · Condominium · 70 years left
1,561 sqftS$1,910,000S$1,224 psf
Sept 2025
Modena · 11-15 · Condominium · 70 years left
2,777 sqftS$2,930,000S$1,055 psf
Jul 2025
Modena · 11-15 · Condominium · 71 years left
2,799 sqftS$2,750,000S$983 psf
Jun 2025
Modena · 01-05 · Condominium · 71 years left
1,410 sqftS$1,725,000S$1,223 psf
May 2025
Modena · 01-05 · Condominium · 71 years left
1,410 sqftS$1,720,000S$1,220 psf
Apr 2025
Modena · 06-10 · Condominium · 71 years left
1,399 sqftS$1,765,000S$1,261 psf
Mar 2025
Modena · 06-10 · Condominium · 71 years left
1,690 sqftS$2,240,000S$1,326 psf
Oct 2024
Modena · 06-10 · Condominium · 71 years left
1,496 sqftS$1,770,000S$1,183 psf
Aug 2024
Modena · 06-10 · Condominium · 71 years left
1,399 sqftS$1,720,000S$1,229 psf
Mar 2024
Modena · 01-05 · Condominium · 72 years left
969 sqftS$1,265,000S$1,306 psf
Mar 2024
Modena · 01-05 · Condominium · 72 years left
excluded: outlier
1,528 sqftS$1,660,000S$1,086 psf
Mar 2024
Modena · 06-10 · Condominium · 72 years left
1,539 sqftS$1,800,000S$1,169 psf
Mar 2024
Modena · 01-05 · Condominium · 72 years left
1,399 sqftS$1,750,000S$1,251 psf
Aug 2023
Modena · 01-05 · Condominium · 72 years left
1,572 sqftS$1,740,000S$1,107 psf
Aug 2023
Modena · 01-05 · Condominium · 72 years left
excluded: outlier
1,410 sqftS$1,730,000S$1,227 psf
May 2023
Modena · 06-10 · Condominium · 73 years left
1,528 sqftS$1,660,000S$1,086 psf
Mar 2023
Modena · 06-10 · Condominium · 73 years left
1,442 sqftS$1,580,000S$1,095 psf
Mar 2023
Modena · 01-05 · Condominium · 73 years left
1,410 sqftS$1,510,000S$1,071 psf
Mar 2023
Modena · 01-05 · Condominium · 73 years left
1,528 sqftS$1,580,000S$1,034 psf
Jan 2023
Modena · 01-05 · Condominium · 73 years left
1,496 sqftS$1,541,888S$1,031 psf
Nov 2022
Modena · 01-05 · Condominium · 73 years left
1,830 sqftS$1,600,000S$874 psf
Oct 2022
Modena · 01-05 · Condominium · 73 years left
1,410 sqftS$1,440,000S$1,021 psf
Oct 2022
Modena · 01-05 · Condominium · 73 years left
1,453 sqftS$1,485,000S$1,022 psf
Aug 2022
Modena · 01-05 · Condominium · 73 years left
1,356 sqftS$1,400,000S$1,032 psf
May 2022
Modena · 06-10 · Condominium · 74 years left
1,410 sqftS$1,420,000S$1,007 psf
May 2022
Modena · 01-05 · Condominium · 74 years left
1,399 sqftS$1,455,000S$1,040 psf
May 2022
Modena · 11-15 · Condominium · 74 years left
2,777 sqftS$2,650,000S$954 psf
Apr 2022
Modena · 06-10 · Condominium · 74 years left
1,399 sqftS$1,395,000S$997 psf
Mar 2022
Modena · 01-05 · Condominium · 74 years left
1,410 sqftS$1,300,000S$922 psf
Dec 2021
Modena · 06-10 · Condominium · 74 years left
1,561 sqftS$1,690,000S$1,083 psf
Dec 2021
Modena · 06-10 · Condominium · 74 years left
958 sqftS$1,005,500S$1,050 psf
Nov 2021
Modena · 06-10 · Condominium · 74 years left
1,496 sqftS$1,410,000S$942 psf
Nov 2021
Modena · 01-05 · Condominium · 74 years left
1,410 sqftS$1,170,000S$830 psf

Sale prices as filed in caveats.

Where the lease takes this

About 69 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, 4.58% a yearmeasured
5 years64 yearsS$1,716,730S$1,895,408S$2,088,664S$2,147,559
10 years59 yearsS$1,617,721S$1,971,993S$2,394,622S$2,531,570
20 years49 yearsS$1,436,963S$2,135,252S$3,148,564S$3,518,993

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 4.58% 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.