Spacious Exec. Maisonette at Blk 105 Simei Street 1 FOR SALE. New Listing!

About This Property

105 Simei Street 1 is priced at S$979,000, representing S$623 per square foot—a mid-range entry point for a four-bedroom HDB in District 18. The property holds a 99-year leasehold tenure; buyers should factor remaining lease decay into long-term capital appreciation projections. Located in D18 (Bedok), the unit sits 7 minutes' walk from Simei MRT station, anchoring access to the East-West Line and regional employment nodes. Bedok remains a stable residential corridor with consistent rental demand from families and young professionals, supported by established amenities and secondary school catchments. The broader district has seen incremental upgrading, though appreciation rates trail central zones; investors should expect steady rather than aggressive growth. At 1,572 sqft with four bedrooms and three bathrooms, the space suits owner-occupiers seeking family accommodation and buy-to-let investors targeting sub-S$1 million rental stock. Rental yield on comparable four-bedroom HDB units in this catchment typically ranges 2.5–3.2% gross, dependent on tenant profile and lease length. This property appeals to disciplined investors prioritising stable cash flow and long lease runway over speculative capital gains.

Key Features

• S$623 psf—mid-tier Bedok HDB pricing
• 99-year leasehold; 55+ years remaining assumed
• 7-min walk to Simei MRT East-West Line
• 1,572 sqft; 4-bed / 3-bath family layout
• D18 rental demand; 2.5–3.2% yield potential