99-yearOCRDistrict 18 (Tampines)

Double Bay Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through May 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 1,191 transactions on record, units have recently transacted around S$1.48M (S$1,466 psf, ~1,001 sqft). There are 51 units for sale from S$1.45M to S$15.48M. The lease has approximately 81 years remaining.

1

What are the key facts about Double Bay Residences?

Key Takeaway

Double Bay Residences is a 99-year condominium in District 18 (Tampines) that obtained TOP in 2012, with 646 units across 14 blocks.

Tenure
99-year
TOP / Completion
2012
Developer
SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD
Total units
646
Blocks
14
District / Area
District 18 (Tampines)
Market segment
OCR
Median PSF
S$1,466 psf
Last transacted
May 2026
Remaining lease
≈ 81 years
2

What is the price and PSF at Double Bay Residences?

Key Takeaway

Units have recently transacted around S$1.48M (S$1,466 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.48M

recent · 1,191 sales on record

Median PSF

S$1,466 psf

recent transactions

Median rent (monthly)

S$3,624

2,124 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,454 psf.

Source: URA caveat data, through May 2026.

3

What has recently sold at Double Bay Residences?

Key Takeaway

Double Bay Residences has 1191 recorded sales; the most recent transacted at S$1,360,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,360,000936S$1,452 psf
Apr 2026S$1,470,0001,001S$1,468 psf
Apr 2026S$1,480,0001,001S$1,478 psf
Apr 2026S$1,488,0001,001S$1,486 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
Jan 2026S$1,400,000936S$1,495 psf
Dec 2025S$1,815,0001,270S$1,429 psf

1,191 sales and 2,124 rentals on record since Mar 2009. Source: URA.

4

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$1.48M11+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.

5

How many property agents are active around Double Bay Residences?

Key Takeaway

8,842 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

8,842

District 18 · closed ≥1 deal

Deals on record

42,060

all-time · all property types

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

6

What bedroom types are available at Double Bay Residences?

Key Takeaway

Double Bay Residences has 51 units listed for sale, spanning 1–10-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$2.28M–S$2.28M
2-bedroom12S$1.45M–S$1.90MS$1,549 psf
3-bedroom25S$1.90M–S$2.45MS$1,454 psf
4-bedroom7S$2.45M–S$2.56M
5-bedroom4S$3.98M–S$7.50M
6-bedroom1S$12.28M–S$12.28M
10-bedroom1S$15.48M–S$15.48M
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

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
9

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.

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$1.48M) needs about S$10,834/mo in income and S$4,984/mo in repayments, after S$43,800 stamp duty and a S$370k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.48M) 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$43,800

BSD, tiered

Downpayment (25%)

S$370k

cash + CPF

Monthly instalment

S$4,984/mo

30y @ 3.5%

Income required

S$10,834/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
12

Frequently asked questions about Double Bay Residences

How much does a unit at Double Bay Residences cost?

Units at Double Bay Residences have recently transacted around S$1.48M (S$1,466 psf), from 1,191 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$1.48M as a first home, you'd need roughly S$10,834/mo in income (assessed at the stress-test rate), with repayments near S$4,984/mo after a S$370k (25%) downpayment and S$43,800 Buyer's Stamp Duty.

Is Double Bay Residences a good investment?

Gross rental yield is about 2.9%; median PSF has risen about 40% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Double Bay Residences going up?

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

Is Double Bay Residences freehold or leasehold?

Double Bay Residences is 99-year, with approximately 81 years remaining on the lease.

When was Double Bay Residences built and who developed it?

Double Bay Residences obtained TOP in 2012, developed by SECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD, with 646 units across 14 blocks.

How many units are for sale at Double Bay Residences?

There are 51 units for sale at Double Bay Residences, from S$1.45M to S$15.48M.

What is the nearest MRT to Double Bay Residences?

The nearest MRT/LRT station to Double Bay Residences is Simei MRT, about 421 m away (~7 min walk).

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 qualify for Primary 1 (P1) registration priority.

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