SIMEI GREEN CONDOMINIUM Review

Condo Review 5 min read Terakhir disemak
District 18 · 99 yrs lease commencing from 1996 · Completed 1999
~$1,085Avg PSF (12-month)
602Total units
Category Ratings
Walkability
5.0
Investment
5.9
En-Bloc Potential
4.1
ShiokNest Score
4.5

Overview & Key Facts

SIMEI GREEN CONDOMINIUM is a 99 yrs lease commencing from 1996 condominium at SIMEI STREET 4 in District 18 (OCR), developed by NTUC CHOICE HOMES CO-OPERATIVE LTD, comprising 602 units, completed in 1999.

Developer
NTUC CHOICE HOMES CO-OPERATIVE LTD
Tenure
99 yrs lease commencing from 1996
Total units
602
TOP year
1999
District
18 — OCR
Street
SIMEI STREET 4
Lease remaining
~69 years (of 99)

Location & Connectivity

SIMEI GREEN CONDOMINIUM is approximately 400m from Upper Changi MRT station, with 4 stations within 1.5 km.

MRT stations near SIMEI GREEN CONDOMINIUM
StationLineDistance
Upper ChangiDowntown Line400m
SimeiEast-West Line540m
ExpoEast-West Line800m
ExpoDowntown Line800m

Schools & Education

11 schools within 2 km (4 within 1 km priority zone).

Schools near SIMEI GREEN CONDOMINIUM
SchoolTypeDistance
Singapore University of Technology and DesignTertiary660m
Park View Primary SchoolPrimary750m
Changkat Primary SchoolPrimary930m
Angsana Primary SchoolPrimary950m
Springfield Secondary SchoolSecondary1.2 km
North London Collegiate School SingaporeInternational1.4 km
Chongzheng Primary SchoolPrimary1.5 km
United World College of South East Asia (East)International1.5 km

Unit Mix & Pricing

Unit mix for SIMEI GREEN CONDOMINIUM
TypeSalesAvg PSFAvg Price
3 BR81$969 psf$1,062,101
4 BR33$913 psf$1,302,330

Market Position

SIMEI GREEN CONDOMINIUM has recorded 114 sales at an average price of $1,131,641.

SIMEI GREEN CONDOMINIUM sits at the 10th percentile of District 18 condo PSF.
$1,085 psf
Avg PSF (12mo)
$1,131,641
Avg Price
3.9%
Gross Yield
114
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at SIMEI GREEN CONDOMINIUM typically rent harder per dollar of purchase price:

Per-bedroom gross yield at SIMEI GREEN CONDOMINIUM
TypeAvg RentAvg PriceGross Yield
3 BR$3,708/mo$1,062,1014.19%
4 BR$3,600/mo$1,302,3303.32%

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Price Appreciation

PSF trend for SIMEI GREEN CONDOMINIUM
YearSalesAvg PSFYoY
202130$806 psf
202225$898 psf↑ 11.3%
202320$981 psf↑ 9.3%
202415$1,090 psf↑ 11.1%
202514$1,067 psf↓ 2.1%
202610$1,111 psf↑ 4.1%

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The latest reading marks the highest point in this series — SIMEI GREEN CONDOMINIUM prices have climbed 37.8% since 2021.

Price Index Check

The ShiokNest Price Index for District 18 reads 132.1 as of June 2026 — down 4.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 18 competitors
CondoTenureAvg PSFSales
TREASURE AT TAMPINES99-year leasehold$1,592 psf1198
PARKTOWN RESIDENCE99 yrs lease commencing from 2023$2,367 psf1165
AURELLE OF TAMPINES99 yrs lease commencing from 2024$1,769 psf758
TENET99 yrs lease commencing from 2021$1,386 psf618
RIVELLE TAMPINES99 years leasehold$1,933 psf558

Lease Analysis

With 69 years remaining on its 99-year lease, SIMEI GREEN CONDOMINIUM still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.

Who This Actually Suits

Buyers most likely to be happy here: yield-focused investors and first-time hdb upgraders. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

For tertiary student housing, it can work — but weigh the trade-offs before committing.

It is a weaker fit for long-term hold (10+ yr), en-bloc speculators and cpf-only buyers — other options likely serve them better. Tenure and location resilience suit long-horizon ownership.


Verdict

SIMEI GREEN CONDOMINIUM is a 99 yrs lease commencing from 1996 development in District 18 (OCR), with 602 units, offering a gross yield of 3.9%.

At ~$1,085 psf, it represents a competitive entry point in the OCR segment.

Explore the full SIMEI GREEN CONDOMINIUM dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing SIMEI GREEN CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:

  • Tampines — 4-room average $683,199 (100m away), an upgrader gap of about $450,000
  • Bedok — 4-room average $659,895 (1.8 km away), an upgrader gap of about $450,000

FAQ

What is the average PSF for SIMEI GREEN CONDOMINIUM?
The 12-month average is approximately $1,085 psf.
Is SIMEI GREEN CONDOMINIUM freehold?
SIMEI GREEN CONDOMINIUM has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for SIMEI GREEN CONDOMINIUM?
The estimated gross yield is 3.9%.
Which MRT is nearest to SIMEI GREEN CONDOMINIUM?
The nearest is Upper Changi MRT at 400m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 114 transactions
  • Rental data: 500 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 114 records analysed · Source: URA private-sale caveats

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