District 18 · Tampines · OCR
Melville Park
Simei Street 1 · Condominium · 99 yrs lease commencing from 1992 · 1,236 units
Current PSF
$952
-31.1% vs district median
Gross yield
4.3%
median rent $3,600/mo
3-year gain
6.2%
Transactions · 5y
245
44 in last 12 months
Nearest MRT
Tampines East Mrt Station · 853.372m
DTL
Future MRT
Pasir Ris Mrt Station
CRL · 2030
Vs local HDB
+54% premium
HDB median $619 psf
Area income
$9,500/mo median
residential zone
En-bloc potential42 / 100
27 years old · 1236 units · 14% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$713
2022
$828
+16.1%
2023
$908
+9.7%
2024
$905
-0.3%
2025
$937
+3.5%
2026
$964
+2.9%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,350/mo | $3.53 | 4.4% | 604 |
| 3BR | $3,950/mo | $2.93 | 3.7% | 463 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $1,500,000 | 1,475 | $1,017 | 01-05 |
| Feb 2026 | $978,000 | 1,087 | $900 | 01-05 |
| Jan 2026 | $1,500,000 | 1,453 | $1,032 | 06-10 |
| Jan 2026 | $1,480,000 | 1,561 | $948 | 06-10 |
| Jan 2026 | $1,435,000 | 1,475 | $973 | 01-05 |
| Jan 2026 | $927,000 | 990 | $936 | 06-10 |
| Jan 2026 | $900,000 | 936 | $961 | 01-05 |
| Jan 2026 | $888,000 | 936 | $948 | 06-10 |
| Dec 2025 | $1,480,000 | 1,453 | $1,018 | 11-15 |
| Dec 2025 | $1,280,000 | 1,345 | $951 | 01-05 |
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