D18 Tampines/Pasir Ris

DOUBLE BAY RESIDENCES

SIMEI STREET 4 · District 18 · 99 yrs lease commencing from 2008

Median Price

S$1.5M

137 transactions

Price Range

S$700K - S$3.6M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$4.09 psf

per month

DOUBLE BAY RESIDENCES Price Analysis

DOUBLE BAY RESIDENCES is a leasehold development on SIMEI STREET 4 in District 18 (Tampines/Pasir Ris). According to URA transaction records, 137 private residential transactions have been recorded at this development, with a median price of S$1,500,000. Prices range from S$700K for the smallest units to S$3.6M for premium configurations.

The development offers units across 5 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$730,000. Larger units (5+ bed (170+ sqm)) trade at S$3,400,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at DOUBLE BAY RESIDENCES. High-floor units (11-15) command a median of S$1,630,000, while low-floor units (06-10) sell for S$1,444,000. That is a 13% premium for higher floors, worth S$186K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, DOUBLE BAY RESIDENCES commands an average of S$4.09 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.8%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

11-15

S$1.6M

23 txns

01-05

S$1.5M

50 txns

06-10

S$1.4M

64 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
1-Bed (50-70 sqm)	S$730K	52 sqm	5
2-Bed (70-100 sqm)	S$1.2M	88 sqm	45
3-Bed (100-130 sqm)	S$1.7M	122 sqm	73
4-Bed (130-170 sqm)	S$1.9M	145 sqm	9
5+ Bed (170+ sqm)	S$3.4M	273 sqm	5

Current Listings

2-Bed sale

(Lynn) Gor Mui Yee · PROPNEX REALTY PTE. LTD.

S$1.4M

FAQ

What is the average price of DOUBLE BAY RESIDENCES?

The median transaction price at DOUBLE BAY RESIDENCES is S$1,500,000, based on 137 URA-recorded transactions. Prices range from S$700K to S$3.6M.

Does floor level affect prices at DOUBLE BAY RESIDENCES?

Yes. High-floor units (11-15) sell for a median of S$1,630,000, while low-floor units (06-10) sell for S$1,444,000. That is a 13% premium for higher floors.

What is the rental rate at DOUBLE BAY RESIDENCES?

The average rental rate at DOUBLE BAY RESIDENCES is approximately S$4.09 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.