Double Bay Residences
REALSCOREⓘ
Profitability rank across Singapore
3.8
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
4.3%
Double Bay Residences offers a well-connected living environment in Simei that residents love for its proximity to Eastpoint Mall and easy access to the MRT 🚆.
Good to know: Located just a short walk from Simei MRT station 🚆; Features a diverse unit mix including spacious penthouses and duplexes; Situated within walking distance of Changkat Primary School 🏫.
Practical note: While the location is excellent for commuters, residents should note that the surrounding area is a mature HDB estate, which means it can feel quite busy during peak hours 🚶.
< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Mega
Development
< 10y
Property Age
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Simei Street 4
Developer
Secure Venture Development (Simei) Pte Ltd
Property Type
Condominium
Completion
2012
Total Units
646
Plot Ratio
2.3
Unit Size
538 - 3,703 sqft
Tenure
99 yrs from 07/04/2008
Lease Remaining
81 yrs
Postal Sector
52
GLS Site
Land Use
Residential (Non-Landed)
Development Type
Residential
Site Area
32210.50
Plot Ratio
2.30
Permissible GFA
74084.00
GLS Launch
05-12-2007
Tender Closed
04-01-2008
Awarded
08-01-2008
Awarded To
UOL Group Limited & Peak Century Pte. Ltd.
Bids
3
Winning Tender
236050000.00
Land Rate (GFA)
3186.25
Land Rate (ppr)
296.01
Max GFA (Est.)
74084.00
Estimated Units
675
Nearby Stations
- SimeiEW3
- Upper ChangiDT34
- ExpoDT35CG1
Nearby Primary Schools
- Changkat Primary School
Transaction
82%
Sold At Launch
47%
HDB Buyers
$1.3B+
Total Transacted
06-03-2009
First Transacted
06-05-2026
Last Transacted
1,191
Total Transactions
Transaction Volume
New SaleSub SaleResale
96.3%
% Profitable
551
Profitable
21
Unprofitable
321
> 6% Annualized
5.6 yrs
Avg Holding
$198.2M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 20 | 3.10% | 538 - 635 sqft |
| 2 BR | 188 | 29.10% | 926 - 1,335 sqft |
| 2 BR + Study | 65 | 10.10% | 1,001 - 1,765 sqft |
| 3 BR | 224 | 34.70% | 1,259 - 2,077 sqft |
| 3 BR + Study | 117 | 18.10% | 1,367 - 2,153 sqft |
| 4 BR | 14 | 2.20% | 1,550 - 2,379 sqft |
| Duplex | 4 | 0.60% | 3,617 - 3,724 sqft |
| Penthouse | 14 | 2.20% | 2,982 - 3,563 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 19D | 528716 | 100.0% | 9.1% |
| 21A | 528718 | 100.0% | 10.7% |
| 17C | 529884 | 97.9% | 8.9% |
| 19B | 528714 | 97.6% | 10.6% |
| 21B | 528719 | 97.5% | 9.0% |
| 19 | 529885 | 97.2% | 9.4% |
| 21 | 528717 | 96.9% | 9.9% |
| 19C | 528715 | 96.0% | 9.8% |
| 17 | 529881 | 95.7% | 8.5% |
| 17A | 529882 | 95.2% | 10.9% |
| 21D | 528721 | 94.6% | 8.4% |
| 21C | 528720 | 94.4% | 7.6% |
| 19A | 529886 | 93.9% | 10.9% |
| 17B | 529883 | 93.1% | 11.0% |
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