TREE HOUSE
UrbanLens Analysis
TREE HOUSE commands $1,539 PSF -- 5% above what District 23 typically fetches ($1,471 PSF). Hillview MRT is 1269m away (16-min walk), functional but not a headline selling point. Against HILLHAVEN at $2,133 PSF, the 28% discount is worth examining closely.
Prices are up 10.8% over two years, reflecting genuine buyer interest without bubble-level exuberance. 34 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE MYST has lost 0.4% over the same period.
With ~82 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.3% tracks the OCR average of 3.4%. At $4,814/month median rent, income is market-rate -- neither a standout nor a weakness.
With 429 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| HILLHAVEN | $2,133 | — | +3.3% |
| LUMINA GRAND | $1,517 | — | -0.6% |
| SOL ACRES | $1,467 | — | +7.7% |
| THE MYST | $2,071 | — | -0.4% |
| THE BOTANY AT DAIRY FARM | $2,010 | — | -2.4% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.