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Singapore Property News, Insights and Analysis

Completed 2012

Double Bay Residences

D18 · Pasir Ris / Tampines · 21 Simei Street 4

A 646-unit condo in D18, completed in 2012, on a 99-year lease from 2008 with about 80 years left. Developed by Secure Venture Development (Simei) Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Oct 2026

80 yrs
Lease left
$1,471
Avg $psf, 12 months
27
Sales, 12 months
2012
Completed

What brings you to Double Bay Residences?

Buying here? Get a second opinion. 3-bedders here sold for $1.815M to $1.895M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Double Bay Residences prices

Last 12 months
27
Sales
$1,471
Average $psf
$1,091 – $1,646
$psf range
$735k – $2.4M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
2-Bedroom3 sales$1,428 psf$1.25M – $1.4M936 sq ft
3-Bedroom4 sales$1,462 psf$1.82M – $1.9M1,270 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
500–699 sq ft1 sale$1,366 psf$735k
900–1,099 sq ft10 sales$1,469 psfAvg $1.44M$1.25M – $1.53M
1,100–1,299 sq ft4 sales$1,462 psfAvg $1.86M$1.82M – $1.9M
1,300–1,599 sq ft11 sales$1,519 psfAvg $2.12M$1.86M – $2.4M
1,600–1,999 sq ft1 sale$1,091 psf$2.15M
Average $psf by year
In 2025, sales here averaged $1,426 psf, 23% below the D18 average of $1,862 psf for private homes (condos, apartments and ECs).
This condoD18 average
Show as a table
YearThis condoD18 average
2026$1,468$1,681
2025$1,426$1,862
2024$1,367$1,416
2023$1,287$1,344
2022$1,192$1,223
2021$1,102$1,192
2020$1,046$1,172
2019$1,071$1,197
2018$1,022$1,122
2017$1,033$952
2016$1,021$976
2015$1,070$897
Sales by year
1,203 sales since 2009; the busiest year was 2009 with 558. The 2026 bar covers Jan–Oct.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026002323
2025002424
2024002424
2023002222
2022003232
2021003939
2020002121
2019001616
2018002323
2017003737
2016002727
2015001212
2014001010
2013037643
2012078078
201101030103
201049620111
2009546120558
Sales in the last two years
51 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
9 Oct 2026#09-XX1,313 sq ft$2.04M$1,552 psfResale
9 Oct 2026#03-XX1,367 sq ft$2.16M$1,580 psfResale
7 Oct 2026#09-XX1,367 sq ft$2.25M$1,646 psfResale
2 Oct 2026#06-XX1,001 sq ft$1.5M$1,498 psfResale
25 Sep 2026#12-XX1,001 sq ft$1.5M$1,498 psfResale
24 Sep 2026#05-XX1,550 sq ft$2.34M$1,510 psfResale
22 Sep 2026#02-XX538 sq ft$735k$1,366 psfResale
21 Sep 2026#05-XX1,313 sq ft$1.87M$1,424 psfResale
14 Sep 2026#10-XX1,270 sq ft · 3-Bedroom$1.9M$1,492 psfResale
3 Sep 2026#12-XX1,001 sq ft$1.53M$1,528 psfResale
Show all 51 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Oct 2026. The 2026 averages cover Jan–Oct.

03 — Rent

Double Bay Residences rent

Leases starting Sep 2025–Aug 2026
124
Leases
$4,425
Median rent a month
$1.78M
Avg sale price, 12 months
3.0%
Est. gross yield

D18 median rent: $3,600 a month; est. gross yield 2.5%.

By bedroom type
TypeLeasesMedian rentMiddle halfD18 medianEst. yield
2-Bedroom54 leases$4,000 median$3,900 – $4,200D18 $3,5003.6% yield
3-Bedroom48 leases$5,125 median$5,000 – $5,300D18 $4,3003.3% yield
4-Bedroom10 leases$6,000 median$5,747 – $6,112D18 $5,500– yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
80years left of 99
2008Ends 2107

99-year lease from 7 Apr 2008. About 80 years remain as of Oct 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Double Bay Residences floor plans by bedroom type

3 layouts, from a 936 sq ft 2-bedroom to a 1,270 sq ft 3-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Double Bay Residences

MRT stations
EW Simei 430 m · 5 min walk
DT Upper Changi 870 m · 10 min walk
CGDT Expo 1.7 km · 21 min walk
DT Xilin 2.6 km · 31 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Changkat Primary School 430 m · 9 min walk
Within 2 km
Chongzheng Primary SchoolPopular 1.2 km · 19 min walk
Yumin Primary School 1.3 km · 23 min walk
East Spring Primary School 1.4 km · 24 min walk
Tampines Primary School 1.7 km · 29 min walk
St. Anthony's Canossian Primary School 1.8 km · 36 min walk
Gongshang Primary SchoolPopular 1.9 km · 30 min walk
Junyuan Primary School 2.0 km · 33 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Clinic Northeast Medical Group 530 m · 6 min
Supermarket FairPrice 580 m · 7 min
Hawker centre Tampines Round Market and Food Centre 1.9 km · 23 min
Map of the area around Double Bay Residences, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

07 — Nearby

Condos and supply around Double Bay Residences

Source: URA transactions; URA land sales; OneMap distances, Oct 2026

08 — From Stacked

Read more about Double Bay Residences

21 more articles mention Double Bay Residences.

Source: Stacked Homes editorial

09 — FAQ

Questions about Double Bay Residences

How many years are left on the lease at Double Bay Residences?

About 80 years. It is a 99-year lease from 2008.

When was Double Bay Residences completed?

2012.

How many units does Double Bay Residences have?

646 units, up to 13 storeys.

What is the price psf at Double Bay Residences?

27 sales in the last 12 months averaged $1,471 psf, ranging from $1,091 to $1,646 psf.

What did the latest sale go for?

A 1,313 sq ft unit sold for $2.04M ($1,552 psf) on 9 Oct 2026.

How much is the rent at Double Bay Residences?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,425 a month ($4,000 for a 2-bedroom, $5,125 for a 3-bedroom and $6,000 for a 4-bedroom). That is an estimated gross yield of about 3.0%, before costs.

What is the nearest MRT station?

Simei (EW), a 5-minute walk (430 m). Upper Changi (DT) is 870 m away.

Which primary schools are within 1 km?

Changkat Primary School, 430 m away.

Who developed Double Bay Residences?

Secure Venture Development (Simei) Pte Ltd.

Answers generated from the data on this page, Oct 2026