Neem Tree

Apartment · in Novena, District 12, Singapore · Freehold · Completed 2018

Data through 5 August 2026

Neem Tree site plan and project gallery

Site plan is shown first when available. Scroll to view more project images.

Intro: Neem Tree is a boutique freehold development in Balestier that puts you within a 13-minute walk of Toa Payoh MRT station and the local food scene 🍜.
Good to know: Completed in 2018 with freehold tenure 🌳; Located within one kilometer of Hong Wen School 🏫.
Practical note: As an 84-unit boutique project, residents may find the facility range more compact than that of larger mega-developments in the area 🏢.

D12RCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

1.6

Annual Returns

Avg annualized profit (past 1y)

0.9%

< 1km

MRT Station

< 10y

Property Age

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Neem Tree project details

Street

Jalan Kemaman

Developer

Aylesbury Pte Ltd

Property Type

Apartment

Completion

2018

Total Units

Plot Ratio

2.8

Unit Size

420 - 947 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Neem Tree

Toa Payoh702 m MRTNS19

See details on nearby stations

Primary schools near Neem Tree

Hong Wen School906 m

See details on nearby schools

Neem Tree price, PSF and transaction trends

17%

Sold At Launch

54%

HDB Buyers

$102.2M+

Total Transacted

08-05-2015

First Transacted

05-08-2026

Last Transacted

103

Total Transactions

Neem Tree transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Neem Tree, the median price was S$908,444 and the median PSF was S$1,825 psf. The newest record shown is from 5 August 2026. The annual project median was 1.8% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Neem Tree transactions

Date	Sale type	Price	PSF	Size
5 August 2026	Resale	S$810,000	S$1,930 psf	420 sqft
18 June 2026	Resale	S$1,068,000	S$1,711 psf	624 sqft
1 April 2026	Resale	S$810,000	S$1,792 psf	452 sqft
17 October 2025	Resale	S$1,120,000	S$1,794 psf	624 sqft
21 March 2025	Resale	S$1,360,000	S$1,662 psf	818 sqft

Neem Tree median transaction PSF (S$)

Neem Tree annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$810,000	S$1,792 psf	3
2025	S$1,120,000	S$1,762 psf	3
2024	S$875,000	S$1,874 psf	7
2023	S$1,240,000	S$1,784 psf	6
2022	S$800,000	S$1,770 psf	5
2021	S$1,217,500	S$1,694 psf	2
2020	S$1,443,000	S$1,892 psf	2
2019	S$1,320,000	S$1,760 psf	15

87.5%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.6 yrs

Avg Holding

$1.7M

Total Profits

Neem Tree annualized profit %

View full details

Neem Tree rental prices and estimated yield

Past 1 month

$6.00

Avg PSF Rental

No. of Rentals

4.0%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Neem Tree, the median monthly rent was S$3,300, with records ranging from S$2,500 to S$4,600.

Recent Neem Tree rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	2 BR	S$3,600	S$6 psf	600-700
1 July 2026	1 BR	S$2,900	S$6 psf	400-500
1 July 2026	2 BR	S$4,600	S$6 psf	700-800
1 July 2026	1 BR	S$2,900	S$6 psf	400-500
1 July 2026	1 BR	S$3,000	S$7 psf	400-500

Neem Tree rental volume

View full details

Frequently asked questions about Neem Tree

How much do units at Neem Tree cost?

The latest 12 recorded sales show a median price of S$908,444 and a median of S$1,825 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Neem Tree?

The latest recorded median monthly rent is S$3,300 and the estimated rental yield based on the past six months is 4.0%. Rental yield is indicative and can vary by unit and costs.

Is Neem Tree freehold or leasehold?

Neem Tree has a tenure of Freehold.

When was Neem Tree completed and who developed it?

Neem Tree was completed in 2018, the developer is Aylesbury Pte Ltd, and the project has 84 units.

Which MRT or LRT station is nearest to Neem Tree?

Toa Payoh is the nearest station shown, at an estimated straight-line distance of 702 metres.

Which primary schools are near Neem Tree?

The primary schools shown within the page’s one-kilometre search are Hong Wen School (906 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 5 August 2026. Figures are indicative and do not constitute financial advice.