41B Simon Place

Terrace House · in Hougang, District 19, Singapore · 999 yrs from 14/07/1884 · Completed 2009

Data through 1 February 2024

Intro: 41B Simon Place is a terrace house located along Simon Place within District 19 with a 999-year lease commencing on 14 July 1884. It was completed in 2009. So far it has been transacted a total of 2 times, amounting to $2.5M+ in total.

D19OCRNorth EastHougang

41B Simon Place project details

Street

Simon Place

Property Type

Terrace

Completion

2009

Total Units

-1

Unit Size

2,207 sqft

Tenure

999 yrs from 14/07/1884

Lease Remaining

857 yrs

Postal Sector

MRT and LRT stations near 41B Simon Place

Kovan601 m MRTNE13

See details on nearby stations

Primary schools near 41B Simon Place

Xinmin Primary School668 m

See details on nearby schools

41B Simon Place price, PSF and transaction trends

100%

HDB Buyers

$2.5M+

Total Transacted

31-12-1998

First Transacted

28-09-2009

Last Transacted

Total Transactions

41B Simon Place transaction volume

New SaleSub SaleResale

Among the latest 4 recorded sales for 41B Simon Place, the median price was S$1,264,500 and the median PSF was S$536 psf. The newest record shown is from 28 September 2009. The annual project median was 103.2% higher in 2009 than in 1998; unit mix can affect year-to-year comparisons.

Recent 41B Simon Place transactions

Date	Sale type	Price	PSF	Size
28 September 2009	Sub Sale	S$1,300,000	S$589 psf	2,207 sqft
18 April 2009	New Sale	S$1,229,000	S$557 psf	2,207 sqft
6 June 2007	Resale	S$1,480,369	S$515 psf	2,874 sqft
31 December 1998	Resale	S$810,000	S$282 psf	2,874 sqft

41B Simon Place median transaction PSF (S$)

41B Simon Place annual price trend

Year	Median price	Median PSF	Recorded sales
2009	S$1,264,500	S$573 psf	2
2007	S$1,480,369	S$515 psf	1
1998	S$810,000	S$282 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

4.4 yrs

Avg Holding

$71,000

Total Profits

41B Simon Place annualized profit %

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41B Simon Place rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for 41B Simon Place, the median monthly rent was S$4,300, with records ranging from S$3,200 to S$6,500.

Recent 41B Simon Place rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 February 2024	—	S$6,500	S$3 psf	2000-2500
1 February 2022	—	S$5,400	S$2 psf	2000-2500
1 February 2020	—	S$3,800	S$2 psf	2000-2500
1 July 2018	—	S$4,150	S$2 psf	2000-2500
1 May 2017	—	S$3,200	S$1 psf	2000-2500

41B Simon Place rental volume

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Frequently asked questions about 41B Simon Place

How much do units at 41B Simon Place cost?

The latest 4 recorded sales show a median price of S$1,264,500 and a median of S$536 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 41B Simon Place?

The latest recorded median monthly rent is S$4,300. Rental yield is indicative and can vary by unit and costs.

Is 41B Simon Place freehold or leasehold?

41B Simon Place has a tenure of 999 yrs from 14/07/1884.

When was 41B Simon Place completed?

41B Simon Place was completed in 2009.

Which MRT or LRT station is nearest to 41B Simon Place?

Kovan is the nearest station shown, at an estimated straight-line distance of 601 metres.

Which primary schools are near 41B Simon Place?

The primary schools shown within the page’s one-kilometre search are Xinmin Primary School (668 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 February 2024. Figures are indicative and do not constitute financial advice.