Type

Units

Min Area

Price Range

1 BR

506 sqft

S$920K

2 BR

700 sqft

S$1.4M

3 BR

1012 sqft

S$5,999

Type

Units

Min Area

Price Range

3 BR

1012 sqft

S$5,999/mo

Property Highlights

Condo development with 4 units currently available.
Prices currently range from S$5,999 to S$1.4M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,200 on this acquisition.
75% of current units are for sale, from S$5,999; 25% are for rent, from S$5,999/mo.
Located 9 min (750 m) from NE10 Potong Pasir MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

The Tre Ver: Contemporary Living in Potong Pasir

The Tre Ver represents a compelling addition to Singapore's condominium landscape, situated in the heart of Potong Pasir—a mature neighbourhood characterised by its blend of residential calm and urban convenience. Positioned at 60 Potong Pasir Avenue 1, this development capitalises on one of Singapore's most accessible locations, placing residents within striking distance of essential MRT infrastructure whilst preserving the quietude that makes this district attractive to a broad spectrum of buyers.

The development's proximity to Potong Pasir MRT station (NE10) is a cornerstone of its appeal. At approximately 9 minutes' walk or 750 metres away, the station provides direct access to the North-East Line, enabling swift connectivity to the wider island. Commuters benefit from seamless onward journeys to Marina Bay, City Hall, and beyond, whilst reverse commuters heading towards Sengkang and Punggol enjoy equally efficient travel times. This accessibility fundamentally shapes the development's investment profile and tenant demographic, attracting professionals whose workplace mobility depends on reliable public transport.

Location and Accessibility

Potong Pasir itself occupies a unique position in the Singapore housing market. The neighbourhood has matured organically over decades, developing a distinctive identity that blends heritage conservation with modern urban living. Residents enjoy proximity to established markets, wet markets, and coffee shops that define the local character, whilst nearby shopping centres and dining establishments cater to contemporary lifestyle expectations. The area maintains strong accessibility to both the east coast's recreational offerings and the central business district's employment hubs.

The North-East Line connection is transformative for the district's long-term desirability. Unlike some MRT-adjacent developments that experience temporary demand spikes followed by stagnation, Potong Pasir's mature infrastructure, established community fabric, and strategic position ensure sustained interest from both owner-occupiers and investors. The station's integration into Singapore's broader transport network means that future line extensions or modal improvements will likely enhance rather than diminish the area's appeal.

The Development's Appeal Across Buyer Profiles

The Tre Ver's unit configurations span a range of bedroom counts and floor areas, making the development relevant to multiple buyer segments. First-time homeowners appreciate the accessibility of entry-level pricing and the neighbourhood's established vibrancy; upgraders value the lateral move into a contemporary development without the extreme price escalation associated with prime districts; investors recognise the rental yield potential in an area with consistent demand from young professionals and families; and high-net-worth individuals may view the development as a diversified real estate exposure in a stable, MRT-connected neighbourhood rather than pursuing only the most expensive prime locations.

This diversity of appeal translates into broader market resilience. Unlike niche developments that serve only luxury buyers or only first-timers, The Tre Ver's inclusive positioning means that resale and rental liquidity remain relatively insensitive to cyclical shifts in any single buyer cohort. A unit that initially attracted an upgrader may later appeal to an investor seeking rental income, and eventually to a retiree seeking to downsize—each transition supported by the development's broad market relevance.

Investment Considerations and Financing

For buyers considering The Tre Ver as an investment property, rental yield calculations must account for the neighbourhood's established tenant base and consistent demand. Potong Pasir attracts professionals employed in nearby business parks, students attending educational institutions, and families seeking affordable proximity to the city centre. Gross rental yields in the area typically range between 3% and 4.5%, depending on unit configuration and exact floor height. The development's contemporary amenities and finishing standards support premium rental positioning compared to older stock, potentially yielding towards the upper end of this range for well-maintained units.

Financing capacity at typical price points for The Tre Ver remains robust. Singapore's Total Debt Servicing Ratio (TDSR) framework caps mortgage servicing at 60% of gross monthly income; at current mortgage rates, this permits most buyer profiles to access borrowing capacity equivalent to 80% of the purchase price with comfortable headroom. First-time homeowners benefit from concessional ABSD treatment, whilst upgraders and investors must account for the Additional Buyer's Stamp Duty at 20% for Singapore Citizens purchasing a second residential property—a material cost that should be factored into cashflow projections and capital planning.

Capital Appreciation and Lease Considerations

The Tre Ver's long-term capital appreciation prospects are underpinned by several structural factors. The MRT proximity ensures sustained demand as transport costs and commute times remain permanent considerations in property pricing. The neighbourhood's maturity means that large-scale redevelopment risk is minimal, preserving the established residential character that attracts sustained buyer interest. The development's contemporary construction quality means that compared to older stock in the vicinity, it remains more competitive in the rental and resale markets, potentially supporting outperformance as the neighbourhood ages further.

Lease tenure represents a critical consideration for leasehold purchasers. Singapore's residential leasehold market recognises only 99-year, 999-year, or Freehold tenures; as leases decay towards their final decades, capital values typically compress due to finite owner-occupancy windows and reduced financing availability. Early-tenure purchases at The Tre Ver, if leasehold, position buyers to benefit from maximum lease-decay-free appreciation; long-term holders should model the gradual value compression that occurs in the final 30 years of any 99-year lease, though this timeline remains remote for current purchasers.

Competitive Context and Neighbouring Supply

The Tre Ver enters a competitive landscape that includes several other condominium developments within the Potong Pasir and adjacent Macpherson precincts. Comparable newer developments offer similar amenity packages and price-to-area metrics, meaning The Tre Ver must differentiate through either unit design efficiency, amenity quality, or location granularity. Buyers comparing across this competitive set typically find that variations in floor level, stack position, and aspect orientation drive meaningful value spreads; corner and high-floor units command premiums reflective of enhanced light, ventilation, and privacy, whilst mid-stack units often represent better value for practical purchasers prioritising function over prestige.

The broader pipeline of new supply in the Potong Pasir area remains modest compared to growth-focused precincts like Queenstown or Jurong. This relative supply constraint supports the development's long-term capital appreciation prospects, as new competitor developments emerging within a 5-year horizon will be limited. The implication for current purchasers is that scarcity-driven appreciation mechanics may operate more favourably here than in oversupplied districts where new launches routinely pull pricing downward.

Conclusion

The Tre Ver represents a well-positioned contemporary residential offering in a neighbourhood that combines accessibility, established amenities, and proven investment resilience. Whether approached as a primary residence, an upgrading move, or an income-generating asset, the development's location and configuration flexibility position it favourably within Singapore's competitive condominium market. Buyers should evaluate the specific unit's floor level, stack position, and aspect orientation when conducting detailed financial analysis, whilst maintaining focus on the broader development's strong macro positioning near proven transport infrastructure and an established residential community.

Frequently Asked Questions

What rental yield can investors reasonably expect from units at The Tre Ver?

The Tre Ver's location in Potong Pasir, a mature neighbourhood with consistent demand from young professionals and families, typically supports gross rental yields between 3% and 4.5%, depending on unit configuration and floor level. Contemporary finishes and amenities enable premium rental positioning compared to older stock in the vicinity, potentially pushing yields towards the 4% to 4.5% range for well-maintained units with favourable orientation. Investors should model net yields after accounting for maintenance fees, property tax, and landlord insurance, which typically consume 0.8% to 1.2% of gross rental income in the Potong Pasir precinct. The neighbourhood's established reputation and MRT connectivity support sustained tenant turnover and relatively low vacancy risk, underpinning the yield assumptions.

How does The Tre Ver's price per square foot compare to recent transactions in Potong Pasir?

Recent market data suggests per-square-foot pricing in the Potong Pasir area for contemporary condominium stock ranges between S$1,200 and S$1,600, depending on floor level, aspect, and specific stack position. The Tre Ver's units, spanning approximately 1,000 square feet for a typical 3-bedroom configuration, position pricing at the lower-to-mid range within this spectrum, reflecting the development's non-prime location and contemporary (rather than trophy) status. Older resale stock in the precinct often trades below S$1,100 per square foot, making new projects like The Tre Ver more expensive on a per-sqft basis, though buyers pay a premium for modern finishes, full-length warranties, and efficient layouts. Buyers should cross-reference recent comparable sales on the Singapore Land Authority's official transaction records to validate that asking prices remain aligned with market momentum.

What ABSD implications apply to second-property purchases at The Tre Ver?

Singapore Citizens purchasing The Tre Ver as a second residential property must account for Additional Buyer's Stamp Duty (ABSD) levied at 20% on the purchase price. For a typical unit priced at S$700,000 to S$1,000,000, this equates to S$140,000 to S$200,000 in stamp duty alone—a material cost requiring careful cashflow planning. Permanent Residents face a higher ABSD rate of 25% on second properties, whilst foreigners face 30%, making ABSD significantly more burdensome for non-Citizens. First-time Singapore Citizen homebuyers are exempt from ABSD entirely, making The Tre Ver particularly attractive for this demographic. Upgraders should factor ABSD into their total acquisition cost and consider whether the investment returns justify the duty outlay, particularly if purchasing as an investment property rather than for owner-occupation.

What lease decay risk exists at The Tre Ver, and how does this affect resale value?

The Tre Ver's lease tenure (whether 99-year or 999-year leasehold, or Freehold) fundamentally shapes its long-term capital trajectory. If the development is offered on a 99-year lease—common for HDB-origin or state-land sites—purchasers must understand that lease decay begins immediately and accelerates as the tenure falls below 80 years, typically compressing capital values by 15% to 25% for every decade below the 80-year threshold. A 99-year lease purchased today will decay to 75 years in approximately 24 years, at which point resale appeal and financing availability begin to narrow materially. If leasehold rather than Freehold, early-tenure purchases at The Tre Ver maximise the lease-free appreciation window and preserve financing optionality for future owners, making current purchase timing advantageous compared to entry at a later date. Freehold developments eliminate this structural headwind entirely, supporting superior long-term capital preservation.

How does Potong Pasir MRT station proximity affect long-term demand and capital appreciation?

The Tre Ver's location 9 minutes' walk from Potong Pasir MRT station (NE10) represents a structural demand driver that typically supports capital appreciation outperformance versus non-MRT-connected developments. MRT proximity reduces commute times and transport costs, enhancing affordability perception and broadening the addressable buyer pool to include professionals throughout the North-East and wider transport network. Historical analysis of Singapore condominium performance shows that properties within 400 metres of MRT stations appreciate at approximately 0.5% to 1.5% per annum faster than comparable non-connected stock, a compounding advantage over 10-to-20-year holding periods. The North-East Line itself is mature and unlikely to face service disruption, whilst potential future extensions towards currently unconnected precincts will not diminish Potong Pasir's existing advantage. Future upgrading of MRT stations or the introduction of competing transport modes typically enhances rather than cannibalises demand for MRT-adjacent properties.

Which buyer profiles are best suited to The Tre Ver, and why?

The Tre Ver appeals across multiple buyer archetypes. First-time homeowners benefit from ABSD exemptions, relatively accessible entry pricing, and a mature neighbourhood with established community infrastructure—making the transition from rental to ownership manageable. Upgraders moving from 2-room or 3-room public housing appreciate the contemporary finishes, expanded amenities, and geographic flexibility that private condominiums offer, with Potong Pasir's proximity to their existing employment or family networks often making it an obvious next step. Mid-career investors seeking rental yield without the capital intensity of prime-district acquisitions find the 3% to 4.5% yield profile attractive, particularly given the neighbourhood's established tenant base and low vacancy risk. High-net-worth individuals may view The Tre Ver less as a primary residence and more as a diversified real estate exposure offering liquidity, rental income, and capital stability without extreme price volatility. The development's breadth of unit configurations ensures that across these profiles, each can find a stack, floor level, and orientation matching their specific priorities.

What TDSR and financing headroom typically apply at The Tre Ver price points?

At typical asking prices for The Tre Ver ranging from S$700,000 to S$1,000,000, Singapore's Total Debt Servicing Ratio (TDSR) framework—which caps mortgage servicing at 60% of gross monthly income—permits borrowing capacity of approximately 75% to 80% of purchase price for most buyer profiles. A buyer earning S$8,000 monthly gross income can service a mortgage of approximately S$4,800 monthly; at current interest rates around 4% per annum on a 25-year tenure, this translates to borrowing capacity near S$1,200,000, providing comfortable headroom for typical Tre Ver unit pricing. First-time homeowners benefit from concessional loan-to-value ratios of up to 80%, maximising borrowing capacity, whilst upgraders and investors face standard 75% LTV ceilings. Buyers must account for property tax, maintenance fees (typically S$400 to S$600 monthly for Potong Pasir condominiums), and the ABSD outlay when modelling total acquisition costs and ongoing cashflow requirements. Stress-testing cashflow projections against a 2% to 3% interest rate rise ensures resilience to potential monetary tightening.

How does The Tre Ver compare to competing developments in the surrounding Macpherson and Tai Seng precincts?

The Tre Ver competes directly with several other contemporary condominium developments within the broader Potong Pasir, Macpherson, and Tai Seng area, each offering different trade-offs in location, amenity density, and pricing. Developments slightly further from the MRT—perhaps 12 to 15 minutes' walk—typically offer lower per-square-foot pricing but reduced accessibility appeal, which translates into marginally lower rental yields and slower capital appreciation. Competing projects launched within the past 5 years generally offer comparable finishing standards and amenity packages, meaning differentiation hinges on micro-location granularity, stack efficiency, and aspect orientation rather than fundamental product quality. The Tre Ver's specific strength lies in its proximity to the MRT and its position within an established, stable neighbourhood, rather than in architectural prestige or extreme luxury positioning. Buyers comparing across this competitive set should prioritise unit-by-unit stack analysis over broad development-level comparisons, as variations in floor level and aspect orientation often create meaningful value spreads exceeding 10% to 15% between optimal and suboptimal units.

Which unit stack or floor levels represent the best value at The Tre Ver?

Within The Tre Ver, mid-stack units—typically floors 10 to 18 of most residential towers—often represent superior value propositions compared to lower or premium-positioned units. Lower-level units (floors 2 to 6) suffer from reduced light, privacy, and noise insulation due to proximity to common areas and street-level activity, typically commanding 8% to 12% discounts versus mid-stack equivalents. Upper units (floors 25 and above) command meaningful premiums of 10% to 20%, reflecting enhanced views, light, and prestige perception, though the marginal utility of these attributes diminishes sharply. Mid-stack positioning balances light and privacy sufficiency against pricing efficiency, making these configurations optimal for practical purchasers prioritising function and value over status. East or north-facing aspects typically outperform west-facing units due to afternoon heat mitigation, supporting both owner comfort and rental appeal; corner units command 5% to 8% premiums reflecting additional light and ventilation. Investors should prioritise mid-stack, east-facing units that maximise tenant appeal without the premium pricing of showcase units.

What future supply pipeline exists in the Potong Pasir and Kallang district, and how might it affect The Tre Ver's appreciation prospects?

The supply pipeline for new condominium developments in the Potong Pasir and surrounding Kallang district remains relatively modest compared to growth-oriented precincts like Punggol or Jurong. Government land-use planning does not currently indicate major residential site releases in this mature precinct, meaning new competitor projects emerging within a 3-to-5-year horizon will likely remain limited. This relative scarcity supports The Tre Ver's capital appreciation prospects by minimizing the downward pricing pressure that arises in oversupplied districts where new launches routinely cannibalise resale values. The neighbourhood's maturity and established character make it unlikely to experience wholesale gentrification or residential densification that would fundamentally alter its character—a stability that appeals to long-term holders seeking predictable appreciation rather than speculative upside. Conversely, this same stability means that capital gains will likely match overall market averages rather than outpace them dramatically. For buyers with 7-to-10-year holding horizons, the modest new supply pipeline combined with consistent rental demand and stable transportation infrastructure position The Tre Ver as a lower-volatility, steady-appreciation option rather than a high-growth play.

The Tre Ver — From S$5,999