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Sims Residences

Apartment · District 14 (Geylang / Eunos / Paya Lebar) · Rest of Central Region · 99-year lease (70 yrs left) · Updated Apr 2025

Sims Residences is a 99-year lease (70 yrs left) apartment development in District 14 (Geylang / Eunos / Paya Lebar). It has 11 recorded private transactions. Latest sale: $1,650,000 (Apr 2025, 132 sqm, floors 01-05). Median $1,042/sqft. Prices up 25.1% over the period. 70 years lease remaining.

Latest Sale
$1,650,000
Apr 2025 · 132 sqm
Median Price
$1,042/sqft
$1,510,000 typical unit
Transactions
11
$762–$1,161 psf
Price Trend
▲ 25.1%
~6.4% a year

Where Sims Residences ranks in District 14

All 139 projects ›
Median psf
#131 / 139
Typical unit price
#35 / 139
Most recent sale
#37 / 139
Price growth
#27 / 103

Median psf over time

Estimate a unit at Sims Residences

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +6.4%/yr
Lease decay −0.35%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

70 yrs
Remaining lease
0.35%
Annual decay (Bala's Table)
1997
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.35% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,113 7
06-10 $878 4

Recent transactions

DateFloorType AreaPricepsf
Apr 2025 01-05 Resale 132 sqm $1,650,000 $1,161
Nov 2024 06-10 Resale 134 sqm $1,640,000 $1,137
Sep 2024 01-05 Resale 110 sqm $1,330,000 $1,123
May 2024 01-05 Resale 131 sqm $1,630,000 $1,156
Mar 2024 01-05 Resale 156 sqm $1,750,000 $1,042
Jan 2024 01-05 Resale 131 sqm $1,570,000 $1,113
Aug 2022 06-10 Resale 174 sqm $1,428,000 $762
Jul 2022 01-05 Resale 153 sqm $1,510,000 $917
Jul 2022 06-10 Resale 174 sqm $1,508,888 $806
Dec 2021 01-05 Resale 133 sqm $1,380,000 $964
Sep 2021 06-10 Resale 132 sqm $1,350,000 $950
Showing 11 of 11 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Sims Residences

Sims Residences is a 99-year leasehold development with its lease commencing in 1997 and about 70 years remaining in District 14 (Geylang / Eunos / Paya Lebar), within the Rest of Central Region of Singapore. It has a thinner transaction history, with 11 recorded apartment transactions between 2021-09 and 2025-04, ranging from $1,330,000 to $1,750,000. The most recent transaction was a 132 sqm unit (floors 01-05) sold for $1,650,000 in 2025-04, and the median price is $1,042 per square foot. Prices here have risen sharply, by about 25.1% over the period (around 6.4% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 70 years remaining is 0.9100, an annual lease decay of about 0.35%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Sims Residences cost?

The most recent transaction at Sims Residences was $1,650,000 for a 132 sqm unit in 2025-04. The median price is $1,042 per square foot across 11 transactions, ranging from $1,330,000 to $1,750,000. Data sourced from URA.

Is Sims Residences freehold or leasehold?

Sims Residences is on a 99-year lease commencing in 1997, with approximately 70 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.35%.

What is the price per square foot (psf) at Sims Residences?

The median price at Sims Residences is $1,042 psf, with transactions ranging from $762 to $1,161 psf. This is based on 11 URA-recorded transactions in District 14.

Have prices at Sims Residences gone up or down?

Prices at Sims Residences have increased by approximately 25.1% over the data period (around 6.4% a year). The median price is currently $1,042 psf, with the most recent sale at $1,650,000 in 2025-04.