FreeholdRCRDistrict 12 (Novena)

Neem Tree

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

Neem Tree is a freehold apartment in District 12 (Novena) that obtained TOP in 2018, with 84 units across 1 block. Across 104 transactions on record, units have recently transacted around S$901k (S$1,792 psf, ~506 sqft). There are 17 units for sale from S$750k to S$2.14M.

Key facts about Neem Tree
TenureFreehold
TOP year2018
DeveloperAYLESBURY PTE LTD
Units84 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 734 m (~12 min walk)
Latest median psfS$1,792 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Neem Tree?

Key Takeaway

Neem Tree has 17 units listed for sale, asking S$750k to S$2.14M, and 8 units for rent at a median of S$3,388 a month.

For sale

17 listings

S$750k – S$2.14M

For rent

8 listings

S$2,099 – S$4,600 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom9S$750k–S$950k
2-bedroom5S$850k–S$1.26M
3-bedroom3S$1.49M–S$2.14M

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

2

What are the floor plans and unit sizes at Neem Tree?

Key Takeaway

Floor plans for Neem Tree aren't in PropKaki's library yet. Across 104 URA caveats, units range from 420 sqft to 947 sqft, and the middle half are 452 sqft to 710 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom420 sqft to 506 sqftS$750k
2-bedroom452 sqft to 710 sqftS$850k
3-bedroom710 sqft to 1,334 sqftS$1.49M

Check the Floor Plan Finder for Neem Tree →

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

3

What is the price and PSF at Neem Tree?

Key Takeaway

Units have recently transacted around S$901k (S$1,792 psf), at a gross rental yield of about 3.7% (URA caveat data).

Recent median price

S$901k

recent · 104 sales on record

Median PSF

S$1,792 psf

recent transactions

Median rent (monthly)

S$2,813

311 rentals on record

Gross rental yield

3.7%

indicative, gross

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Neem Tree?

Key Takeaway

Neem Tree has 104 recorded sales; the most recent transacted at S$810,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$810,000420S$1,930 psf
Jun 2026S$1,068,000624S$1,711 psf
May 2026S$900,888506S$1,781 psf
Apr 2026S$810,000452S$1,792 psf
Oct 2025S$1,120,000624S$1,794 psf
Mar 2025S$1,360,000818S$1,662 psf
Feb 2025S$1,100,000624S$1,762 psf
Nov 2024S$1,170,000624S$1,874 psf
Nov 2024S$818,888420S$1,951 psf
Aug 2024S$828,888420S$1,975 psf
Jul 2024S$938,888506S$1,856 psf
Jun 2024S$878,000506S$1,735 psf

104 sales and 311 rentals on record since May 2015. Source: URA.

5

Are prices at Neem Tree rising?

Key Takeaway

The median transacted PSF at Neem Tree has risen 8% over the past 9 years (20172026), from S$1,650 psf to S$1,781 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,781 psfS$810k4+1.1%
2025S$1,762 psfS$1.12M3-6.0%
2024S$1,874 psfS$875k7+5.8%
2023S$1,771 psfS$1.23M6+0.1%
2022S$1,770 psfS$800k5+7.3%
2021S$1,650 psfS$1.08M2-10.0%
2020S$1,834 psfS$1.39M2+4.2%
2019S$1,760 psfS$1.32M15+4.8%
2018S$1,679 psfS$926k38+1.8%
2017S$1,650 psfS$1.08M3

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

6

Is Neem Tree a good investment?

Key Takeaway

Of 25 units at Neem Tree that were bought and later resold (bought from 2015, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 10% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.7%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

88%

of 25 resales here

Median gain

10%

gross, before costs

Median hold

6.5 years

bought to resold

Every unit at Neem Tree 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 Neem Tree and what's nearby?

Key Takeaway

Neem Tree is located in Novena, in the Central Region of Singapore.

Neem Tree is a freehold apartment completed in 2018. It was developed by AYLESBURY PTE LTD. The development has 84 residential units. It sits on a land area of 1,616 sqm and has a gross floor area of 4,525 sqm. The plot ratio is 2.8.

NEEM TREE is located at 30 Jalan Kemaman, Singapore 329341. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Toa Payoh MRT, approximately 734m away, around 12 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Barbeque Area, Car Park, Drop Off Point, Fitness corner, Jacuzzi, and Lift lobby.

8

How far is Neem Tree from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Neem Tree is Toa Payoh MRT, about 734 m away (~12 min walk). 1 school is 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.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority924 m
  • Northlight SchoolSecondary school1.0 km
  • Chij Secondary (Toa Payoh)Secondary school1.1 km
  • Bendemeer Secondary SchoolSecondary school1.1 km
  • Pei Chun Public SchoolPrimary school1.2 km
  • Kheng Cheng SchoolPrimary school1.2 km
  • Chij Primary (Toa Payoh)Primary school1.2 km
  • St. Joseph's Institution JuniorPrimary school1.3 km

Shops, food & parks

Mall: Square 2 · 1.1 kmSupermarket: NTUC Fairprice Co-operative Ltd · 244 mHawker centre: Blks 91/92 Whampoa Drive # · 523 mPark: Toa Payoh Town Pk · 531 m

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

9

Who built Neem Tree and how big is the development?

Key Takeaway

Neem Tree was developed by AYLESBURY PTE LTD, designed by RONNY CHIN ARCHITECTS PTE LTD, with 84 units over up to 16 storeys.

Developer
AYLESBURY PTE LTD
Architect
RONNY CHIN ARCHITECTS PTE LTD
Main contractor
DINGZHOU CONSTRUCTION PTE LTD
Floors
16 storeys
Blocks
1
Land area
1,616 sqm (17,394 sqft)
Gross floor area
4,525 sqm (48,707 sqft)
Plot ratio
2.80
10

What facilities does Neem Tree have?

Key Takeaway

Neem Tree has 10 facilities, including Barbeque Area, Car Park, Drop Off Point, Fitness corner, and more.

Barbeque AreaCar ParkDrop Off PointFitness cornerJacuzziLift lobbyMain entrancePutting Green24 hours securitySwimming pool
11

What does it cost to own a unit at Neem Tree?

Key Takeaway

Buying a unit at Neem Tree (~S$901k) needs about S$6,595/mo in income and S$3,034/mo in repayments, after S$21,627 stamp duty and a S$225k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$901k) 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$21,627

BSD, tiered

Downpayment (25%)

S$225k

cash + CPF

Monthly instalment

S$3,034/mo

30y @ 3.5%

Income required

S$6,595/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Neem Tree?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Neem Tree sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 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 Neem Tree? Ask before you commit.

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

PropKaki
Is Neem Tree a good buy, and what are units selling for?

Recent units at Neem Tree sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Neem Tree

Is Neem Tree freehold?

Yes. Neem Tree is freehold, so ownership does not run out.

How old is Neem Tree?

Neem Tree was completed (obtained TOP) in 2018, so it is about 8 years old.

Is Neem Tree a good investment?

Of 25 units at Neem Tree that were bought and later resold (bought from 2015, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 10% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.7%. Past resale results don't predict future returns, and this is not financial advice.

Is Neem Tree an EC?

No. Neem Tree is a private apartment development, not an executive condominium (EC).

Who is the developer of Neem Tree?

Neem Tree was developed by AYLESBURY PTE LTD.

What is the price of a condo at Neem Tree?

Units at Neem Tree have recently sold for around S$901k (S$1,792 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 17 units are listed for sale from S$750k to S$2.14M.

Where is Neem Tree located?

Neem Tree is at 30 Jalan Kemaman, Singapore 329341, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 734 m away.

How many units are there in Neem Tree?

Neem Tree has 84 units in 1 block, up to 16 storeys high.

How much do I need to earn to buy at Neem Tree?

For a unit around S$901k as a first home, you'd need roughly S$6,595/mo in income (assessed at the stress-test rate), with repayments near S$3,034/mo after a S$225k (25%) downpayment and S$21,627 Buyer's Stamp Duty.

Are prices at Neem Tree going up?

The median price per square foot at Neem Tree has risen about 8% 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 Neem Tree?

Hong Wen School is within 1 km of Neem Tree. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.