diff --git a/modules/angular2/src/common/forms/directives/select_control_value_accessor.ts b/modules/angular2/src/common/forms/directives/select_control_value_accessor.ts
index 308e021d29..afc5c85797 100644
--- a/modules/angular2/src/common/forms/directives/select_control_value_accessor.ts
+++ b/modules/angular2/src/common/forms/directives/select_control_value_accessor.ts
@@ -113,9 +113,8 @@ export class NgSelectOption implements OnDestroy {
 
   @Input('value')
   set value(value: any) {
-    if (this._select == null) return;
     this._setElementValue(value);
-    this._select.writeValue(this._select.value);
+    if (isPresent(this._select)) this._select.writeValue(this._select.value);
   }
 
   /** @internal */
diff --git a/modules/angular2/test/common/forms/integration_spec.ts b/modules/angular2/test/common/forms/integration_spec.ts
index e37195a696..951a32f6d9 100644
--- a/modules/angular2/test/common/forms/integration_spec.ts
+++ b/modules/angular2/test/common/forms/integration_spec.ts
@@ -378,6 +378,30 @@ export function main() {
                     });
                   }));
 
+        it("with basic selection and value bindings",
+           inject([TestComponentBuilder, AsyncTestCompleter],
+                  (tcb: TestComponentBuilder, async) => {
+                    var t = `<select>
+                      <option *ngFor="#city of list" [value]="city['id']">
+                        {{ city['name'] }}
+                      </option>
+                    </select>`;
+
+                    tcb.overrideTemplate(MyComp, t).createAsync(MyComp).then((fixture) => {
+                      var testComp = fixture.debugElement.componentInstance;
+                      testComp.list = [{"id": "0", "name": "SF"}, {"id": "1", "name": "NYC"}];
+                      fixture.detectChanges();
+
+                      var sfOption = fixture.debugElement.query(By.css("option"));
+                      expect(sfOption.nativeElement.value).toEqual('0');
+
+                      testComp.list[0]['id'] = '2';
+                      fixture.detectChanges();
+                      expect(sfOption.nativeElement.value).toEqual('2');
+                      async.done();
+                    });
+                  }));
+
         it("with ngControl",
            inject([TestComponentBuilder, AsyncTestCompleter], (tcb: TestComponentBuilder,
                                                                async) => {