Tree House

D23 (OCR) 99 yrs lease commencing from 2009

Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), Tree House is a 99-year leasehold condominium in the Outside Central Region (OCR). The development comprises 429 units, on a lease that commenced in 2009. Sale and rental figures on this page are compiled from URA transaction records.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
6.1
ShiokNest Score
Good
Total Units429

TREE HOUSE

Total Units429
Tenure99 yrs lease commencing from 2009
DistrictD23 · OCR
Median PSF · 12m$1,540 psf
Median price · 12m$1,775,000
Median Rent · 12m$4,900/mo
Gross Yield3.3%

Over the 12 months to May 2026, Tree House recorded 16 resale transactions at a median $1,540 psf (median price $1,775,000), and 50 rental contracts at a median $4,900/mo, a gross rental yield of 3.3%. Source: URA caveat data, as of May 2026.

Tree House's median of $1,540 psf over the trailing 12 months places its pricing below roughly 55% of District 23 condos; resale liquidity has been moderate with 16 caveats lodged; the 3.3% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.

Recent transactions
Date Price PSF Size (sqft) Floor Type
May-26 $1,800,000 $1,563 psf 1,152 sqft 11 to 15 3BR
May-26 $1,850,000 $1,606 psf 1,152 sqft 11 to 15 3BR
Apr-26 $2,028,000 $1,653 psf 1,227 sqft 06 to 10 3BR
Nov-25 $1,730,000 $1,502 psf 1,152 sqft 01 to 05 3BR
Nov-25 $1,755,000 $1,524 psf 1,152 sqft 06 to 10 3BR
Oct-25 $2,200,000 $1,560 psf 1,410 sqft 06 to 10 4BR
Oct-25 $1,730,000 $1,502 psf 1,152 sqft 11 to 15 3BR
Sep-25 $2,000,000 $1,548 psf 1,292 sqft 16 to 20 3BR

Can I afford Tree House?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,775,000.

6.1
ShiokNest Score

En-Bloc Potential

18/100

A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.

Neighbourhood Score

77/100

Investment Score

59/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals