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FairComparisons
D14 Geylang/Paya Lebar

SIMS URBAN OASIS

SIMS DRIVE · District 14 · 99 yrs lease commencing from 2014

Median Price

S$1.2M

355 transactions

Price Range

S$660K - S$3.0M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$6.39 psf

per month

SIMS URBAN OASIS Price Analysis

SIMS URBAN OASIS is a leasehold development on SIMS DRIVE in District 14 (Geylang/Paya Lebar). According to URA transaction records, 355 private residential transactions have been recorded at this development, with a median price of S$1,180,000. Prices range from S$660K for the smallest units to S$3.0M for premium configurations.

The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$799,000. Larger units (5+ bed (170+ sqm)) trade at S$3,050,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at SIMS URBAN OASIS. High-floor units (16-20) command a median of S$1,330,000, while low-floor units (01-05) sell for S$1,127,500. That is a 18% premium for higher floors, worth S$203K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, SIMS URBAN OASIS commands an average of S$6.39 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.6%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

16-20
S$1.3M
65 txns
11-15
S$1.2M
98 txns
06-10
S$1.2M
106 txns
01-05
S$1.1M
86 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$799K42 sqm101
1-Bed (50-70 sqm)S$1.1M61 sqm114
2-Bed (70-100 sqm)S$1.8M89 sqm120
3-Bed (100-130 sqm)S$2.0M112 sqm12
4-Bed (130-170 sqm)S$2.7M147 sqm7
5+ Bed (170+ sqm)S$3.0M189 sqm1

Current Listings

3-Bed sale

Ray Lee · PROPNEX REALTY PTE. LTD.

S$2.3M

2-Bed sale

Izaac Fong · PROPNEX REALTY PTE. LTD.

S$1.3M

sale

Pauline Sim (沈梅梅) · PROPNEX REALTY PTE. LTD.

S$859K

2-Bed sale

Norris Tan ·

S$1.2M

4-Bed sale

Joy Shi 施谨婉 · PROPNEX REALTY PTE. LTD.

S$2.4M

FAQ

What is the average price of SIMS URBAN OASIS?

The median transaction price at SIMS URBAN OASIS is S$1,180,000, based on 355 URA-recorded transactions. Prices range from S$660K to S$3.0M.

Does floor level affect prices at SIMS URBAN OASIS?

Yes. High-floor units (16-20) sell for a median of S$1,330,000, while low-floor units (01-05) sell for S$1,127,500. That is a 18% premium for higher floors.

What is the rental rate at SIMS URBAN OASIS?

The average rental rate at SIMS URBAN OASIS is approximately S$6.39 per square foot per month, based on URA median rental data.

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