MELVILLE PARK

$ 1,250,000
3 Beds
3 Bath
1,206 sqft
Apartment
$ 1036 psf
D18
1996

Price

Project Average

Only 8.5% above

Project's Average Transaction Price of $955 psf

Planning Area Average

26.2% below

Planning Area's Average Transaction Price of $1,403 psf

Project Details

Rental Yield

4.34%

Higher than the national average

Profitable Transactions

100% of its sale transactions were Profitable

Higher than the national average

Rental Volume

21 Rental Transactions Per 100 Units in last 12 months

Higher than the national average

Amenities and Nearby

Existing MRT/LRTs

2 MRTs Currently within 800m

Simei MRT, Upper Changi MRT

Primary Schools

4 Primary Schools within 1km

Changkat Primary School, Chongzheng Primary School, East Spring Primary School, Yumin Primary School

Shopping Malls

1 Mall within 800m

Eastpoint Mall

Other Schools

6 non-primary Schools within 2km

Changkat Changi Secondary School, Dunman Secondary School, East Spring Secondary School, Ngee Ann Secondary School, Pasir Ris Secondary School, Tampines Secondary School

Details

  • Simei Street 1, S529946
  • Apartment
  • 99 years
  • 1,206 sqft
  • Partial Furnished
  • Completed in 1996
  • $ 1036.48 psf
  • Low Floor
  • Last updated 35 days ago
  • Rental Yield 4.3%

Description

-Corner unit, low floor
-Renovated and well-maintained
-Quiet facing
-No balcony with maximised floor area
-Includes yard, utility and WC
-Great for family and investors
-5% rental yield
-Tenanted till April 2028

Excellent Convenience:
~2 mins walk to bus stop (9, 9A, 12, 12E, 20, 38)
~2 mins walk to Melville Park Supermarket
~1 min walk to nearby eateries
~7 mins walk to Best Fair Mini Mart

Close to Simei MRT (East-West Line) & Downtown Line
Schools Nearby:
Within 1km:
-Changkat Primary Schoo...

Facilities

24 hours security

Covered car park

Function room

Gymnasium room

Clubhouse

Playground

Sauna

Swimming pool

Tennis courts

Wading pool

Barbeque Area

Explore Nearby Amenities
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Mortgage Calculator
Initial PrincipalS$ 1,350
Initial InterestS$ 3,125
Estimated Monthly PaymentS$ 4,475
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Percentage of Downpayment
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Length of Mortgage
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Total Loan Amount
Initial PrincipalS$ 1,350
Initial InterestS$ 3,125
Estimated Monthly PaymentS$ 4,475

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Ashley Kong Li Ting

PROPNEX REALTY PTE. LTD. | R060789H