FreeholdRCRDistrict 12 (Novena)

Neem Tree

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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 102 transactions on record, units have recently transacted around S$878k (S$1,792 psf, ~506 sqft). There are 10 units for sale from S$750k to S$1.45M.

1

What are the key facts about Neem Tree?

Key Takeaway

Neem Tree is a freehold apartment in District 12 (Novena) that obtained TOP in 2018, with 84 units across 1 block.

Tenure
Freehold
TOP / Completion
2018
Developer
AYLESBURY PTE LTD
Total units
84
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,792 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at Neem Tree?

Key Takeaway

Units have recently transacted around S$878k (S$1,792 psf), at a gross rental yield of about 3.8% (URA caveat data).

Recent median price

S$878k

recent · 102 sales on record

Median PSF

S$1,792 psf

recent transactions

Median rent (monthly)

S$2,812

306 rentals on record

Gross rental yield

3.8%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Neem Tree?

Key Takeaway

Neem Tree has 102 recorded sales; the most recent transacted at S$1,068,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,068,000624S$1,711 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
Apr 2024S$820,000420S$1,953 psf
Apr 2024S$875,000506S$1,730 psf

102 sales and 306 rentals on record since May 2015. Source: URA.

4

Are prices at Neem Tree rising?

Key Takeaway

The median transacted PSF at Neem Tree has risen 4% over the past 9 years (20172026), from S$1,650 psf to S$1,711 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,711 psfS$810k2-2.9%
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.

5

How many property agents are active around Neem Tree?

Key Takeaway

6,316 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

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across 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 Neem Tree?

Key Takeaway

Neem Tree has 10 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom6S$750k–S$900k
2-bedroom3S$889k–S$1.28M
3-bedroom1S$1.45M–S$1.45M
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

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
9

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.

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$878k) needs about S$6,427/mo in income and S$2,957/mo in repayments, after S$20,940 stamp duty and a S$220k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$878k) 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$20,940

BSD, tiered

Downpayment (25%)

S$220k

cash + CPF

Monthly instalment

S$2,957/mo

30y @ 3.5%

Income required

S$6,427/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 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…
12

Frequently asked questions about Neem Tree

How much does a unit at Neem Tree cost?

Units at Neem Tree have recently transacted around S$878k (S$1,792 psf), from 102 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$878k as a first home, you'd need roughly S$6,427/mo in income (assessed at the stress-test rate), with repayments near S$2,957/mo after a S$220k (25%) downpayment and S$20,940 Buyer's Stamp Duty.

Is Neem Tree a good investment?

Gross rental yield is about 3.8%; median PSF has risen about 4% 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 Neem Tree going up?

The median transacted PSF at Neem Tree has risen about 4% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Neem Tree freehold or leasehold?

Neem Tree is freehold — ownership does not expire.

When was Neem Tree built and who developed it?

Neem Tree obtained TOP in 2018, developed by AYLESBURY PTE LTD, with 84 units across 1 block.

How many units are for sale at Neem Tree?

There are 10 units for sale at Neem Tree, from S$750k to S$1.45M.

What is the nearest MRT to Neem Tree?

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

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 qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp