NEEM TREE Review

Condo Review 4 min read Last reviewed
District 12 · Freehold · Completed 2020
~$1,744Avg PSF (12-month)
84Total units
Category Ratings
Walkability
5.0
Investment
4.8
En-Bloc Potential
3.9
ShiokNest Score
5.4

Overview & Key Facts

NEEM TREE is a freehold condominium at JALAN KEMAMAN in District 12 (RCR), developed by AYLESBURY PTE LTD, comprising 84 units, completed in 2020.

Developer
AYLESBURY PTE LTD
Tenure
Freehold
Total units
84
TOP year
2020
District
12 — RCR
Street
JALAN KEMAMAN

Location & Connectivity

NEEM TREE is approximately 780m from Toa Payoh MRT station, with 3 stations within 1.5 km.

MRT stations near NEEM TREE
StationLineDistance
Toa PayohNorth-South Line780m
NovenaNorth-South Line1.2 km
Boon KengNorth-East Line1.4 km

Schools & Education

22 schools within 2 km (5 within 1 km priority zone).

Schools near NEEM TREE
SchoolTypeDistance
Beatty Secondary SchoolSecondary420m
School of Science and TechnologyJc580m
CHIJ Secondary (Toa Payoh)Secondary600m
Balestier Hill Primary SchoolPrimary830m
CHIJ Our Lady Queen of PeacePrimary1 km
Pei Chun Public SchoolPrimary1.3 km
De La Salle SchoolPrimary1.3 km
Manjusri Secondary SchoolSecondary1.4 km

Unit Mix & Pricing

Unit mix for NEEM TREE
TypeSalesAvg PSFAvg Price
Studio9$1,855 psf$797,531
1 BR9$1,777 psf$1,039,543
2 BR7$1,734 psf$1,311,143

Market Position

NEEM TREE has recorded 25 sales at an average price of $1,028,467.

NEEM TREE sits at the 87th percentile of District 12 condo PSF.
$1,744 psf
Avg PSF (12mo)
$1,028,467
Avg Price
3.6%
Gross Yield
25
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at NEEM TREE typically rent harder per dollar of purchase price:

Per-bedroom gross yield at NEEM TREE
TypeAvg RentAvg PriceGross Yield
1 BR$2,726/mo$1,039,5433.15%
2 BR$3,766/mo$1,311,1433.45%

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Price Appreciation

PSF trend for NEEM TREE
YearSalesAvg PSFYoY
20212$1,694 psf
20225$1,765 psf↑ 4.2%
20236$1,804 psf↑ 2.2%
20247$1,868 psf↑ 3.6%
20253$1,739 psf↓ 6.9%
20262$1,751 psf↑ 0.7%

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NEEM TREE prices have cooled 6.2% from the 2024 peak, yet remain 3.4% above where the series began in 2021. The most recent period recovered 0.7%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 12 competitors
CondoTenureAvg PSFSales
THE ORIE99 yrs lease commencing from 2024$2,730 psf741
EIGHT RIVERSUITES99 yrs lease commencing from 2011$1,649 psf311
GEM RESIDENCES99 yrs lease commencing from 2015$1,843 psf200
TREVISTA99 yrs lease commencing from 2008$1,709 psf149
VERTICUSFreehold$2,126 psf130

What Could Work Against You

  • Only 3 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, car-owning households, yield-focused investors and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.


Verdict

NEEM TREE is a freehold development in District 12 (RCR), with 84 units, offering a gross yield of 3.6%.

At ~$1,744 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full NEEM TREE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing NEEM TREE against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (90m away), an upgrader gap of about $150,000
  • Toa Payoh — 4-room average $929,793 (470m away), an upgrader gap of about $100,000
  • Bishan — 4-room average $791,445 (1.9 km away), an upgrader gap of about $250,000

FAQ

What is the average PSF for NEEM TREE?
The 12-month average is approximately $1,744 psf.
Is NEEM TREE freehold?
Yes, NEEM TREE is a freehold property.
What is the rental yield for NEEM TREE?
The estimated gross yield is 3.6%.
Which MRT is nearest to NEEM TREE?
The nearest is Toa Payoh MRT at 780m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 25 transactions
  • Rental data: 196 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 25 records analysed · Source: URA private-sale caveats

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