Neem Tree
Jalan Kemaman · D12 · Rest of central region · Apartment
The median sale at Neem Tree was $938,888 — $1,781 psf — across 27 transactions between Nov 2021 and Aug 2026. Freehold.
What it costs per month of lease
Neem Tree is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021two sales$1694
- 2022five sales$1770
- 2023six sales$1783
- 2024seven sales$1874
- 2025three sales$1762
- 2026four sales$1786
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,217,500 | $1,694 psf | 2 |
| 2022 | $800,000 | $1,770 psf | 5 |
| 2023 | $1,240,000 | $1,783 psf | 6 |
| 2024 | $875,000 | $1,874 psf | 7 |
| 2025 | $1,120,000 | $1,762 psf | 3 |
| 2026 | $855,444 | $1,786 psf | 4 |
What it rents for
URA’s median of rental contracts lodged at Neem Tree in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D12
- Eight Riversuites · $1,745 psf
- Gem Residences · $1,876 psf
- The Arcady At Boon Keng · $2,597 psf
- The Orie · $2,722 psf
- Trevista · $1,769 psf
- Riverbay · $1,548 psf
- Okio · $1,748 psf
- Oleander Towers · $1,441 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.