99-yearOCRDistrict 18 (Tampines)

Double Bay Residences

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Double Bay Residences is a 99-year condominium in District 18 (Tampines) that obtained TOP in 2012, with 646 units across 14 blocks. Across 1,193 transactions on record, units have recently transacted around S$1.49M (S$1,466 psf, ~1,001 sqft). There are 58 units for sale from S$780k to S$15.48M. The lease has approximately 81 years remaining.

Key facts about Double Bay Residences
Tenure99-year leasehold from 2008 (≈81 years left)
TOP year2012
DeveloperSECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD
Units646 in 14 blocks
District and areaDistrict 18 · Tampines · OCR
Nearest MRTSimei MRT, 421 m (~7 min walk)
Latest median psfS$1,466 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Double Bay Residences?

Key Takeaway

Double Bay Residences has 58 units listed for sale, asking S$780k to S$15.48M (median S$1,560 psf), and 86 units for rent at a median of S$2,800 a month.

For sale

58 listings

S$780k – S$15.48M

For rent

86 listings

S$798 – S$6,849 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom6S$780k–S$2.28MS$1,339 psf
2-bedroom16S$1.45M–S$1.90MS$1,560 psf
3-bedroom28S$1.90M–S$2.45MS$1,608 psf
4-bedroom3S$2.45M–S$2.56M
5-bedroom3S$3.98M–S$7.50M
6-bedroom1S$12.28M–S$12.28M
10-bedroom1S$15.48M–S$15.48M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Double Bay Residences?

Key Takeaway

Floor plans for Double Bay Residences aren't in PropKaki's library yet. Across 1,000 URA caveats, units range from 538 sqft to 3,703 sqft, and the middle half are 1,001 sqft to 1,367 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom538 sqft to 1,367 sqftS$780k · S$1,339 psf
2-bedroom926 sqft to 1,335 sqftS$1.45M · S$1,560 psf
3-bedroom1,270 sqft to 1,981 sqftS$1.90M · S$1,608 psf
4-bedroom1,561 sqftS$2.45M
5-bedroom3,606 sqft to 6,000 sqftS$3.98M
6-bedroom8,126 sqftS$12.28M
10-bedroom10,065 sqftS$15.48M

Check the Floor Plan Finder for Double Bay Residences →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Double Bay Residences?

Key Takeaway

Units have recently transacted around S$1.49M (S$1,466 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.49M

recent · 1,193 sales on record

Median PSF

S$1,466 psf

recent transactions

Median rent (monthly)

S$3,624

2,131 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,560 psf — about 6% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Double Bay Residences?

Key Takeaway

Double Bay Residences has 1193 recorded sales; the most recent transacted at S$2,395,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,395,0001,550S$1,545 psf
Aug 2026S$2,150,0001,970S$1,091 psf
May 2026S$1,360,000936S$1,452 psf
Apr 2026S$1,470,0001,001S$1,468 psf
Apr 2026S$1,488,0001,001S$1,486 psf
Apr 2026S$1,480,0001,001S$1,478 psf
Apr 2026S$1,252,000936S$1,337 psf
Mar 2026S$1,950,0001,313S$1,485 psf
Mar 2026S$1,925,0001,313S$1,466 psf
Mar 2026S$1,845,0001,270S$1,453 psf
Mar 2026S$1,450,0001,001S$1,448 psf
Feb 2026S$1,870,0001,270S$1,472 psf

1,193 sales and 2,131 rentals on record since Mar 2009. Source: URA.

5

Are prices at Double Bay Residences rising?

Key Takeaway

The median transacted PSF at Double Bay Residences has risen 40% over the past 9 years (20172026), from S$1,051 psf to S$1,468 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,468 psfS$1.49M13+2.7%
2025S$1,429 psfS$1.91M24+3.3%
2024S$1,383 psfS$1.41M24+6.1%
2023S$1,303 psfS$1.35M22+10.9%
2022S$1,175 psfS$1.43M32+7.4%
2021S$1,094 psfS$1.41M39+0.9%
2020S$1,084 psfS$1.43M21-0.5%
2019S$1,089 psfS$1.13M16+3.9%
2018S$1,048 psfS$1.38M23-0.3%
2017S$1,051 psfS$1.34M37

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Double Bay Residences a good investment?

Key Takeaway

Of 568 units at Double Bay Residences that were bought and later resold (bought from 2009, resold up to 2026), 96% sold for more than they were bought for, with a median gain of 37% over a median 4.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 6% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

96%

of 568 resales here

Median gain

37%

gross, before costs

Median hold

4.1 years

bought to resold

Every unit at Double Bay Residences with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Double Bay Residences and what's nearby?

Key Takeaway

Double Bay Residences is located in Tampines, in the East Region of Singapore.

Double Bay Residences is a 99-year condominium completed in 2012. It was developed by SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD. The development has 646 residential units. It sits on a land area of 32,211 sqm and has a gross floor area of 74,084 sqm. The plot ratio is 2.3.

DOUBLE BAY RESIDENCES is located at 17B Simei Street 4, Singapore 528714. It is part of District 18, Tampines / Pasir Ris, Tampines. The project falls within the East Region and the OCR market segment.

The nearest rail connection is Simei MRT, approximately 421m away, around 7 minutes on foot. Nearby amenities include Eastpoint Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Harvey Crescent Pg for greenery and recreation. Facilities in the development include Basketball court, Covered car park, Clubhouse, Fitness corner, Function room, and Game room.

8

How far is Double Bay Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Double Bay Residences is Simei MRT, about 421 m away (~7 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Changkat Changi Secondary SchoolSecondary schoolwithin 1 km359 m
  • Changkat Primary SchoolPrimary schoolwithin 1 km · P1 priority465 m
  • Chongzheng Primary SchoolPrimary school1.2 km
  • Yumin Primary SchoolPrimary school1.3 km
  • East Spring Primary SchoolPrimary school1.5 km
  • Ngee Ann Secondary SchoolSecondary school1.5 km
  • Tampines Secondary SchoolSecondary school1.6 km
  • Tampines Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: Eastpoint Mall · 421 mSupermarket: NTUC Fairprice Co-operative Ltd · 421 mPark: Harvey Crescent Pg · 116 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Double Bay Residences and how big is the development?

Key Takeaway

Double Bay Residences was developed by SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD, designed by DP ARCHITECTS PTE LTD, with 646 units over up to 13 storeys.

Developer
SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD
Architect
DP ARCHITECTS PTE LTD
Main contractor
CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO PTE LTD
Floors
13 storeys
Blocks
14
Land area
32,211 sqm (346,716 sqft)
Gross floor area
74,084 sqm (797,433 sqft)
Plot ratio
2.30
10

What facilities does Double Bay Residences have?

Key Takeaway

Double Bay Residences has 13 facilities, including Basketball court, Covered car park, Clubhouse, Fitness corner, and more.

Basketball courtCovered car parkClubhouseFitness cornerFunction roomGame roomJacuzziJogging trackKaraokeLap poolLibrary24 hours securityTennis courts
11

What does it cost to own a unit at Double Bay Residences?

Key Takeaway

Buying a unit at Double Bay Residences (~S$1.49M) needs about S$10,893/mo in income and S$5,011/mo in repayments, after S$44,120 stamp duty and a S$372k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.49M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$44,120

BSD, tiered

Downpayment (25%)

S$372k

cash + CPF

Monthly instalment

S$5,011/mo

30y @ 3.5%

Income required

S$10,893/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Double Bay Residences?

Key Takeaway

8,844 CEA-registered agents closed at least one recorded deal in District 18 — where Double Bay Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

8,844

District 18 · closed ≥1 deal

Deals on record

42,135

all-time · all property types

Source: CEA public transaction records, attributed to District 18 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Double Bay Residences? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Double Bay Residences's own transactions.

PropKaki
Is Double Bay Residences a good buy, and what are units selling for?

Recent units at Double Bay Residences sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Double Bay Residences

Is Double Bay Residences freehold?

No. Double Bay Residences is on a 99-year lease that started in 2008, with about 81 years left.

How old is Double Bay Residences?

Double Bay Residences was completed (obtained TOP) in 2012, so it is about 14 years old.

Is Double Bay Residences a good investment?

Of 568 units at Double Bay Residences that were bought and later resold (bought from 2009, resold up to 2026), 96% sold for more than they were bought for, with a median gain of 37% over a median 4.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 6% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Double Bay Residences an EC?

No. Double Bay Residences is a private condominium, not an executive condominium (EC).

Who is the developer of Double Bay Residences?

Double Bay Residences was developed by SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD.

What is the price of a condo at Double Bay Residences?

Units at Double Bay Residences have recently sold for around S$1.49M (S$1,466 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 58 units are listed for sale from S$780k to S$15.48M.

Where is Double Bay Residences located?

Double Bay Residences is at 17B Simei Street 4, Singapore 528714, in Tampines (District 18). The nearest MRT station is Simei MRT, about 421 m away.

How many units are there in Double Bay Residences?

Double Bay Residences has 646 units in 14 blocks, up to 13 storeys high.

How much do I need to earn to buy at Double Bay Residences?

For a unit around S$1.49M as a first home, you'd need roughly S$10,893/mo in income (assessed at the stress-test rate), with repayments near S$5,011/mo after a S$372k (25%) downpayment and S$44,120 Buyer's Stamp Duty.

Are prices at Double Bay Residences going up?

The median price per square foot at Double Bay Residences has risen about 40% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Double Bay Residences?

Changkat Primary School is within 1 km of Double Bay Residences. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.