99-yearOCRDistrict 21 (Bukit Panjang)

The Raintree

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

The Raintree is a 99-year condominium in District 21 (Bukit Panjang) that obtained TOP in 2008, with 315 units across 10 blocks. Across 624 transactions on record, units have recently transacted around S$1.93M (S$1,471 psf, ~1,292 sqft). There are 32 units for sale from S$1.95M to S$2.08M. The lease has approximately 76 years remaining.

Key facts about The Raintree
Tenure99-year leasehold from 2003 (≈76 years left)
TOP year2008
DeveloperCPL PLACE PTE LTD
Units315 in 10 blocks
District and areaDistrict 21 · Bukit Panjang · OCR
Nearest MRTBeauty World MRT, 797 m (~13 min walk)
Latest median psfS$1,471 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at The Raintree?

Key Takeaway

The Raintree has 32 units listed for sale, asking S$1.95M to S$2.08M (median S$1,454 psf), and 8 units for rent at a median of S$4,200 a month.

For sale

32 listings

S$1.95M – S$2.08M

For rent

8 listings

S$4,000 – S$5,600 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom28S$1.95M–S$2.05MS$1,454 psf
4-bedroom4S$2.08M–S$2.08MS$1,558 psf

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

2

What are the floor plans and unit sizes at The Raintree?

Key Takeaway

Floor plans for The Raintree aren't in PropKaki's library yet. Across 624 URA caveats, units range from 926 sqft to 1,884 sqft, and the middle half are 1,270 sqft to 1,335 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,270 sqft to 1,421 sqftS$1.95M · S$1,454 psf
4-bedroom1,335 sqftS$2.08M · S$1,558 psf

Check the Floor Plan Finder for The Raintree →

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

3

What is the price and PSF at The Raintree?

Key Takeaway

Units have recently transacted around S$1.93M (S$1,471 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$1.93M

recent · 624 sales on record

Median PSF

S$1,471 psf

recent transactions

Median rent (monthly)

S$3,743

716 rentals on record

Gross rental yield

2.3%

indicative, gross

Units currently for sale are asking a median of S$1,454 psf.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at The Raintree?

Key Takeaway

The Raintree has 624 recorded sales; the most recent transacted at S$1,999,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,999,0001,485S$1,346 psf
Aug 2026S$2,020,0001,335S$1,513 psf
Apr 2026S$1,800,0001,141S$1,578 psf
Apr 2026S$1,500,000947S$1,584 psf
Mar 2026S$1,928,0001,292S$1,493 psf
Mar 2026S$1,900,0001,292S$1,471 psf
Feb 2026S$1,830,0001,292S$1,417 psf
Sept 2025S$2,150,0001,507S$1,427 psf
Sept 2025S$1,968,8881,313S$1,499 psf
Sept 2025S$1,928,0001,389S$1,388 psf
Aug 2025S$2,060,0001,302S$1,582 psf
Jul 2025S$1,850,0001,270S$1,457 psf

624 sales and 716 rentals on record since Jan 2005. Source: URA.

5

Are prices at The Raintree rising?

Key Takeaway

The median transacted PSF at The Raintree has risen 48% over the past 9 years (20172026), from S$1,008 psf to S$1,493 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,493 psfS$1.90M7+4.3%
2025S$1,432 psfS$1.88M10+1.1%
2024S$1,417 psfS$1.80M16+3.6%
2023S$1,368 psfS$1.78M5+13.2%
2022S$1,208 psfS$1.59M8+4.7%
2021S$1,154 psfS$1.50M20+10.6%
2020S$1,043 psfS$1.35M12-6.0%
2019S$1,109 psfS$1.50M8+0.6%
2018S$1,102 psfS$1.41M13+9.3%
2017S$1,008 psfS$1.28M15

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

6

Is The Raintree a good investment?

Key Takeaway

Of 307 units at The Raintree that were bought and later resold (bought from 2005, resold up to 2026), 99% sold for more than they were bought for, with a median gain of 42% over a median 4.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

99%

of 307 resales here

Median gain

42%

gross, before costs

Median hold

4.6 years

bought to resold

Every unit at The Raintree 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 The Raintree and what's nearby?

Key Takeaway

The Raintree is located in Bukit Panjang, in the West Region of Singapore.

The Raintree is a 99-year condominium completed in 2008. It was developed by CPL PLACE PTE LTD. The development has 315 residential units. It sits on a land area of 16,077 sqm and has a gross floor area of 31,207 sqm. The plot ratio is 1.92.

THE RAINTREE is located at 83 Bukit Drive, Singapore 587841. It is part of District 21, Upper Bukit Timah / Clementi Park / Ulu Pandan, Bukit Panjang. The project falls within the West Region and the OCR market segment.

The nearest rail connection is Beauty World MRT, approximately 797m away, around 12 minutes on foot. Nearby amenities include Kap Mall for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Bukit Timah Market for food options, and Hindhede Nature Park for greenery and recreation. Facilities in the development include Barbeque Area, Clubhouse, Gymnasium room, Lap pool, Playground, and Swimming pool.

8

How far is The Raintree from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Raintree is Beauty World MRT, about 797 m away (~13 min walk).

Getting around

Schools nearby

  • Pei Hwa Presbyterian Primary SchoolPrimary school1.2 km
  • Bukit Timah Primary SchoolPrimary school1.5 km
  • Methodist Girls' School (Secondary)Secondary school2.0 km
  • Methodist Girls' School (Primary)Primary school2.0 km

Shops, food & parks

Mall: Kap Mall · 1.4 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 689 mHawker centre: Bukit Timah Market · 837 mPark: Hindhede Nature Park · 274 m

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

9

Who built The Raintree and how big is the development?

Key Takeaway

The Raintree was developed by CPL PLACE PTE LTD, with 315 units over up to 10 storeys.

Developer
CPL PLACE PTE LTD
Floors
10 storeys
Blocks
10
Land area
16,077 sqm (173,051 sqft)
Gross floor area
31,207 sqm (335,909 sqft)
Plot ratio
1.92
10

What facilities does The Raintree have?

Key Takeaway

The Raintree has 7 facilities, including Barbeque Area, Clubhouse, Gymnasium room, Lap pool, and more.

Barbeque AreaClubhouseGymnasium roomLap poolPlaygroundSwimming poolWading pool
11

What does it cost to own a unit at The Raintree?

Key Takeaway

Buying a unit at The Raintree (~S$1.93M) needs about S$14,114/mo in income and S$6,493/mo in repayments, after S$66,000 stamp duty and a S$482k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.93M) 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$66,000

BSD, tiered

Downpayment (25%)

S$482k

cash + CPF

Monthly instalment

S$6,493/mo

30y @ 3.5%

Income required

S$14,114/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Raintree?

Key Takeaway

6,634 CEA-registered agents closed at least one recorded deal in District 21 — where The Raintree sits — in the last 12 months, across all property types.

Active agents · 12mo

6,634

District 21 · closed ≥1 deal

Deals on record

27,098

all-time · all property types

Source: CEA public transaction records, attributed to District 21 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 The Raintree? Ask before you commit.

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

PropKaki
Is The Raintree a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about The Raintree

Is The Raintree freehold?

No. The Raintree is on a 99-year lease that started in 2003, with about 76 years left.

How old is The Raintree?

The Raintree was completed (obtained TOP) in 2008, so it is about 18 years old.

Is The Raintree a good investment?

Of 307 units at The Raintree that were bought and later resold (bought from 2005, resold up to 2026), 99% sold for more than they were bought for, with a median gain of 42% over a median 4.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Past resale results don't predict future returns, and this is not financial advice.

Is The Raintree an EC?

No. The Raintree is a private condominium, not an executive condominium (EC).

Who is the developer of The Raintree?

The Raintree was developed by CPL PLACE PTE LTD.

What is the price of a condo at The Raintree?

Units at The Raintree have recently sold for around S$1.93M (S$1,471 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 32 units are listed for sale from S$1.95M to S$2.08M.

Where is The Raintree located?

The Raintree is at 83 Bukit Drive, Singapore 587841, in Bukit Panjang (District 21). The nearest MRT station is Beauty World MRT, about 797 m away.

How many units are there in The Raintree?

The Raintree has 315 units in 10 blocks, up to 10 storeys high.

How much do I need to earn to buy at The Raintree?

For a unit around S$1.93M as a first home, you'd need roughly S$14,114/mo in income (assessed at the stress-test rate), with repayments near S$6,493/mo after a S$482k (25%) downpayment and S$66,000 Buyer's Stamp Duty.

Are prices at The Raintree going up?

The median price per square foot at The Raintree has risen about 48% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.