2 Bed Condo for Sale in Double Bay Residences

2bedroom at $1.2m only, grab now. Very well kept unit. Double Bay Residences is a leasehold (99 yrs from 2008) condominium completed in 2012. It is developed by SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD and designed by DP ARCHITECTS PTE LTD. The development occupies a land area of 32,211 sqm and a Gross Floor Area of 74,084 sqm. It consists of 646 units. According to records, buyers of this development are Singaporean 81.2%, PR 13.3%, Foreigner 5.5%, Company 0.1%. DOUBLE BAY RESIDENCES is located along Simei Street 4 in Tampines, in District 18. It is accessible through the nearest MRTs including Simei EW3 and Upper Changi DT34. The nearest schools are CHANGKAT CHANGI SECONDARY SCHOOL and CHANGKAT PRIMARY SCHOOL. Based on transaction data in the last 12 months, sale prices range from S$ 943 psf to S$ 1,319 psf at an average of S$ 1,181 psf. Its highest recorded transaction was S$ 1,319 psf in Jun 2022 for a 538-sqft unit. Its lowest recorded transaction was S$ 409 psf in Apr 2009 for a 1,765-sqft unit. Its current rental yield is at 3.4%. Other nearby amenities include: 3 Childcare Centre(s): EUREKA SCHOOLHOUSE PTE LTD, MY JOLLY EDUCARE PTE LTD, MORIAH CHILD CARE AND DEVELOPMENT CENTRE, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, SHAHUL HAMEED S/O ABDUSALAM, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI Blk 131 (KN), PCF SPARKLETOTS PRESCHOOL @ CHANGI-SIMEI Blk 119 (KN), Paper Scissors Stone Montessori Kindergarten, and 1 Shopping Mall: EASTPOINT MALL (EAST POINT). Tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping.