Square Foot Research Singapore

Check out more Transaction Price, Rents, Trends and Analysis Data for TROPICAL SPRING on EdgeProp Singapore.
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Project Information

Project Name


Street Name

Simei Street 4

Property Type



99 yrs FROM 1997

District / Planning Area

D18 / Tampines



Number of units

242 units

Indicative price range / Average*

S$ 937 - S$ 981 psf / S$ 956 psf

Indicative rental range / Average*

S$ 2.29 - S$ 3.81 psf pm / S$ 2.64 psf pm

Implied rental yield


Historical high

S$ 986 psf in Jul 2021 for a 1,378-sqft unit

Indicative average price from historical high


Historical low

S$ 280 psf in Sep 2005 for a 3,143-sqft unit

Buyer profile by status#

Singaporean 73.6%, PR 17.6%, Foreigner 8.4%, Company 0.5%

Buyer profile by purchaser address#

HDB 50.8%, Private 49.2%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.


Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 50)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 50)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 50)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rentals are based on data in the past 6 months.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
TROPICAL SPRING 99 yrs FROM 1997 2002 - 937 956 981 2.29 2.67 3.81 3.4
SIMEI GREEN CONDOMINIUM 99 yrs FROM 1996 1999 266 813 866 960 2.16 2.66 4.00 3.7
MODENA 99 Yrs FROM 1997 2001 181 922 1,013 1,083 2.31 2.70 3.37 3.2
DOUBLE BAY RESIDENCES 99 yrs FROM 2008 2012 108 1,080 1,138 1,234 2.10 3.13 4.36 3.3
MY MANHATTAN 99 yrs FROM 2010 2014 229 1,194 1,307 1,399 2.42 3.76 5.56 3.5

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

The developer's estimated breakeven is for subscribers only. Subscribe now to see every bit of information!
Status Street Name Location Land attributes Estimated Breakeven

Sold on 24 Aug 2017

Tampines Court (en bloc) (Now known as Treasure at Tampines)

Site use Residential
Tenure 99
Site area (sqm) 65,233.0
Site GFA (sqm) 182,653.0
Highest bid ($m) 1,329.0
Highest bid ($psf) 676.0
Number of bids
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX


This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.


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