Neem Tree

Neem Tree is an apartment in District 12 (Balestier / Toa Payoh), in the Rest of Central Region. There were fewer than 5 sales in the 12 months to August 2026, so no price is shown.

At a glance

District: District 12 (Balestier / Toa Payoh)
Region: Rest of Central Region
Type: Apartment
Tenure: Freehold
Completed: 2018, about 8 years old

What the prices say

Only 4 homes sold in the 12 months to August 2026, which is too few to show a price. Over the 24 months, 8 sold at a median of S$1,793 psf, or S$1,084,000 for the median home.

Year by year, the median was S$1,770 psf in 2022 (5 sales) and S$1,874 psf in 2024 (7 sales), up about 6%.

What sells here

4 homes sold in the last 12 months, the same as the 4 in the 12 months before.

The most common size was 600 to 899 sq ft, with 5 of the 8 sales in the last 24 months, well over half.

None of the 8 sales in the last 24 months were first sales of new units: all 8 were resales.

The first new sale in our records was in May 2015.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$3,025 a month (40 contracts). The district's median across every contract was S$3,700, so rents here ran well below it: about 18% lower.

Over the 24 months the median rent was S$3,000 (77 contracts), about the same as the latest 12 months, within 1%.

By bedrooms: 1 bedroom S$2,900 (25) and 2 bedrooms S$3,900 (13). The figure in brackets is the number of contracts.

Age and lease

The land is freehold: the title has no end date.

Leases and tenure in the glossary

Questions this page answers

How many homes sold in Neem Tree?

4 in the last 12 months and 8 in the last 24 months, across all sale types.

What do homes in Neem Tree rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$3,025 a month, from 40 contracts.

Is Neem Tree freehold or leasehold?

Freehold: the title has no end date.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Neem Tree
Period	Median price per sq ft	Median price	Sales
Last 12 months	Fewer than 5 sales	Fewer than 5 sales	4
Last 24 months	S$1,793 psf	S$1,084,000	8
Last 5 years	S$1,779 psf	S$1,003,444	26

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Neem Tree
Year	Median price per sq ft	Sales
2022	S$1,770 psf	5
2023	S$1,784 psf	6
2024	S$1,874 psf	7

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by unit size

Median price per sq ft by unit size for Neem Tree, last 24 months
Size	Median price per sq ft	Sales
600 to 899 sq ft	S$1,762 psf	5

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rents

Rents for Neem Tree
Period	Median rent	Contracts
Last 12 months	S$3,025 a month	40
Last 24 months	S$3,000 a month	77

Rents for Neem Tree by bedrooms
Bedrooms	Median rent, 12 months	Contracts	Median rent, 24 months
1 bedroom	S$2,900 a month	25	S$2,900 a month
2 bedrooms	S$3,900 a month	13	S$3,850 a month
3 bedrooms	Under 5 contracts	2	Under 5 contracts
4 or more bedrooms	Under 5 contracts	0	Under 5 contracts

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Neem Tree, with a likely range and the recent sales behind it. Sign in is free.

Open Neem Tree in Condo Atlas

Other condos in District 12 (Balestier / Toa Payoh)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.