120 Simei Street 1

120 Simei Street 1 is a leasehold (99 Yrs From 1988) HDB property completed in 1988. It is located along Simei Street 1 in Tampines HDB Town, in the East Region. It is accessible through the nearest MRTs including Simei EW3 and Upper Changi DT34.

Other nearby amenities include 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, SHAHUL HAMEED S/O ABDUSALAM, NTUC FAIRPRICE CO-OPERATIVE LTD, and 1 Shopping Mall: Eastpoint Mall.

This development consists of 58 units of 4-room flats, and 52 units of 5-room flats. Based on transaction data in the last 12 months, sale prices range from S$ 638,000 to S$ 650,000 and rents range from S$ 3,300 psf to S$ 3,500 psf.

Buyers and tenants are attracted to Tampines HDB town, a residential town located in Singapore's East Region. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.