Type

Units

Min Area

Price Range

1 BR

420 sqft

S$850K

2 BR

581 sqft

S$1.3M

Property Highlights

Condo development with 2 units currently available.
Prices currently range from S$850K to S$1.3M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$170K on this acquisition.
Located 170 m (2 mins) from NE10 Potong Pasir MRT.
Includes 4 in-unit amenities such as air-conditioning, audio system, balcony.
Residents enjoy 4 common facilities including 24 hours security, bbq pavillion, car park.
Part of The Poiz Residences, rated 4.5 by residents.

Price Trends & Rental Yield

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Prime City-Fringe Living at The Poiz Residences, Potong Pasir

This well-positioned one-bedroom condominium at The Poiz Residences represents a compelling investment opportunity for both owner-occupiers and portfolio builders. Located at 12 Meyappa Chettiar Road in District 13, the unit sits within one of Singapore's most strategically connected residential precincts, combining urban accessibility with the established charm of Potong Pasir's mature residential neighbourhood.

At S$850,000, this property delivers genuine value in the central region segment. The asking price places it well below the S$900,000 threshold for one-bedroom units in this locality, making it particularly attractive for first-time buyers or investors seeking efficient capital deployment. The current tenant in place generates immediate rental income, with the property demonstrating a robust rental yield of approximately 4.2 percent—a compelling return for passive income seekers.

Unmatched Transport Connectivity

The development's defining characteristic is its seamless integration with Singapore's public transport infrastructure. Potong Pasir MRT Station (NE10) lies just 170 metres from the building entrance, accessible via a sheltered covered walkway that eliminates weather-related inconvenience. This proximity transforms commuting across Singapore into a straightforward proposition, with direct rail connections to Dhoby Ghaut, Serangoon, and HarbourFront. For those requiring greater flexibility, Woodleigh MRT Station (NE11) provides an additional nearby alternative.

Motorists benefit equally from the location's road network advantages. The Pan Island Expressway (PIE), Central Expressway (CTE), and Kallang/Paya Lebar Expressway (KPE) position the property for efficient cross-island travel. Journey times to the Central Business District typically range between ten and fifteen minutes, depending on traffic patterns, making this location particularly suitable for professionals requiring regular city access.

Integrated Lifestyle Environment

The Poiz Residences pioneered the concept of live-work-play integration in Singapore's transit-oriented developments. The residential towers sit directly above the Poiz Centre retail podium, housing seventy-seven shops and seven food and beverage establishments. Residents access everyday necessities without leaving the development—supermarkets, dining venues, a medical clinic, and a gymnasium all operate within the building's footprint. This eliminates the friction typically associated with urban living, enabling streamlined daily routines.

The surrounding Potong Pasir and Macpherson neighbourhoods further enhance lifestyle convenience. Macpherson Market and Food Centre, established local restaurants, and multiple supermarket chains including FairPrice outlets and Sheng Siong branches operate within immediate proximity. Healthcare provision is equally robust, with Potong Pasir Medical Clinic, Toa Payoh Polyclinic, and Intemedical facilities providing accessible primary and specialist care.

Thoughtfully Designed Unit Layout

The 420 square feet floor plate maximises efficiency without sacrificing comfort. The single-bedroom configuration incorporates a dedicated study space, a feature that has proven increasingly valuable for remote workers and those requiring flexible home office arrangements. Beyond the sleeping quarters, the unit encompasses a proper living and dining area positioned to capture natural light through full-length windows. The layout demonstrates considerate space planning with minimal wastage, a characteristic that becomes evident upon inspection.

Multiple high-floor units within The Poiz Residences benefit from unobstructed outlooks across the Potong Pasir estate and beyond. The orientation and fenestration ensure consistent natural ventilation, contributing to the unit's practical liveability during Singapore's tropical climate.

Developer Pedigree and Amenities

The Poiz Residences emerged from the Singapore division of Metallurgy Corporation of China Ltd., a Fortune 500 entity with an established track record in delivering transit-oriented mixed-use developments. MCC Land Singapore completed this project in December 2018, offering a 99-year leasehold tenure. The developer's other notable projects, including Queens Peak and The Canopy, demonstrate consistency in delivering quality construction married with strong transport connectivity planning.

Resident amenities span a comprehensive range designed to support balanced urban living. The development incorporates outdoor meeting spaces, barbecue facilities, meditation lawns, and vertical green forests that provide contemplative retreats. For wellness-focused residents, dedicated facilities include a gymnasium, spa areas, and swimming provisions ranging from family pools to leisure-focused lazy pools. The clubhouse, tea house, and teppanyaki pavilion cater to social gatherings and entertainment. Twenty-four-hour security operates throughout the development, complemented by secure car parking facilities.

Investment Merits and Tenant Demand

The immediate rental income from the current tenant removes the period of vacancy that typically characterises property investment. The strong 4.2 percent yield reflects genuine tenant demand for the location—proximity to Potong Pasir MRT Station generates consistent interest from professionals and students seeking accessible accommodation. The development's integrated amenity profile, coupled with its transit connectivity, positions rentals competitively within the market.

The mature Potong Pasir residential enclave demonstrates long-term stability. Neighbouring developments including Sant Ritz, Sennett Residence, and Botanique at Bartley contribute to an active residential market with established buyer demand. The concentration of primary and secondary schools—Andrew's School, Cedar Primary, Maris Stella High, and Stamford American International—reinforces the area's appeal to family-oriented householders, supporting sustained rental interest.

Conclusion

This one-bedroom unit at The Poiz Residences balances multiple investment objectives effectively. For owner-occupiers, the location delivers genuinely convenient urban living without requiring vehicle dependency. For investors, the combination of immediate rental income, robust yield potential, and strong tenant demand presents a compelling case. The sub-S$900,000 pricing for a central region one-bedroom represents genuine market opportunity—particularly for those seeking exposure to mature, well-connected residential precincts where long-term appreciation tends to accompany stable rental returns.

Common Facilities

24 hours securityBbq pavillionCar parkChildren's pool

In-Unit Amenities

Air-conditioningAudio systemBalconyBed

Frequently Asked Questions

What rental yield can I realistically expect if I purchase a unit at The Poiz Residences as an investment?

Units at The Poiz Residences in the Potong Pasir area typically command monthly rents between S$2,400 and S$2,700 for a 2-bedroom configuration, translating to gross rental yields in the 3–3.5% range on a purchase price around S$1.29m. This yield level is competitive for the North-East corridor, as the area attracts stable tenant demand from young professionals and upgrading families without commanding the 2.5% or lower yields typical of premium central locations. Net yield after accounting for maintenance, property tax, and management fees would be approximately 2–2.5%, which—whilst modest in absolute terms—is consistent with the risk-return profile of established, well-connected residential stock and positions the investment within the guardrails of institutional REIT benchmarks.

How does the price per square foot at The Poiz Residences compare to recent resale transactions in Potong Pasir?

The Poiz Residences pricing, at approximately S$2,220 psf based on current unit offerings, aligns closely with recent secondary market transactions in Potong Pasir, where 2-bedroom units have traded between S$1,900 and S$2,300 psf depending on age, condition, and precise location. This pricing parity with established resale stock suggests the development is neither overvalued relative to comparable units nor discounted, indicating fair market positioning that supports downstream resale velocity. Buyers purchasing at these levels will avoid the cliff-edge revaluation risks associated with premium-priced new launches that subsequently face correction when comps normalise, whilst also capturing the structural advantages of modern construction and full lease tenure that justify a modest premium over older stock in the immediate vicinity.

What is the Additional Buyer's Stamp Duty impact if I am a Singapore Citizen purchasing a second residential property at The Poiz Residences?

As a Singapore Citizen purchasing a second residential property, you will be liable for Additional Buyer's Stamp Duty at the current rate of 20%, which on a S$1.29m purchase equates to approximately S$258,000 in additional acquisition costs payable at completion. This 20% ABSD must be factored into your total capital requirement and financing plan; if you intend to mortgage 80% of the purchase price, you will need sufficient liquid capital to cover both the 20% downpayment (approximately S$258,000) plus the ABSD liability (S$258,000), for a combined cash outlay of roughly S$516,000 before legal and survey fees. The ABSD significantly impacts cash-on-cash returns for investors, and you should model your investment thesis assuming a blended cost of acquisition approximately 20% higher than the headline unit price to ensure the rental yield and capital appreciation potential justify the increased capital deployment.

Given that The Poiz Residences is leasehold, what is the lease decay risk, and how might this affect resale value in 15–20 years?

As a recently completed development, The Poiz Residences is offered on a full 99-year lease (or potentially 999 years, depending on the original land grant), meaning lease decay is not a material concern for purchasers within the next 30–40 years. A buyer acquiring today will have approximately 95+ years of tenure remaining, which is well above the 60-year threshold at which banks and secondary market buyers begin applying revaluation discounts. The structural lease risk that typically emerges at the 50–60 year mark (which for this development would be post-2070) is so distant that it should not materially influence today's purchasing decision, particularly if your investment horizon is 10–15 years, by which time you would likely have already divested or refinanced into a newer asset.

How does proximity to Potong Pasir MRT Station drive demand and capital appreciation at The Poiz Residences?

Potong Pasir MRT Station, serviced by the North-East Line, is the primary demand driver for The Poiz Residences, as the 2-minute walk eliminates transport friction and enables residents to access the CBD, Orchard, and Marina Bay within 15–20 minutes during peak hours. This connectivity premium directly underpins rental demand—tenants consistently favour units within immediate walking distance of MRT stations, as do owner-occupiers seeking to minimise commute times. Historically, MRT-proximate stock has appreciated 1–2% annually above broader market averages, reflecting persistent scarcity of new supply adjacent to transit nodes and steady demand from professionals unwilling to sacrifice connectivity for marginal housing cost savings. As the North-East corridor continues residential intensification, properties like The Poiz Residences with unmatched transit positioning should experience stable, inflation-linked capital growth relative to further-inland competing stock.

Is The Poiz Residences suitable for first-time buyers, upgraders, and investors—and why does each profile benefit differently?

First-time buyers with household incomes of S$8,000+ and saved capital of S$250,000–S$300,000 will find The Poiz Residences accessible as a right-sized entry point into private housing without the leverage extremes often required at premium locations; the efficient 2-bedroom layout suits young couples or small families, whilst the Potong Pasir location offers proven neighbourhood stability and resale depth. Upgraders trading from 4-room or 5-room HDB flats will appreciate the modern finishes, lift access, and superior location relative to ageing private apartments further inland at similar price points, whilst maintaining monthly instalment affordability compared to central or core-fringe alternatives. Investors are drawn to the combination of predictable tenant demand, resilient rental rates (S$2,400–S$2,700 pcm), and minimal management complexity—small 2-bedroom units attract long-staying professional tenants rather than high-churn short-term lets, reducing vacancy risk and allowing hands-off ownership suitable for portfolio builders with multiple assets.

What TDSR headroom and financing capacity should I expect at The Poiz Residences' typical price points?

On a S$1.29m purchase price with 80% loan-to-value (requiring S$258,000 downpayment) at prevailing mortgage rates of approximately 3.5%, monthly instalment would be roughly S$5,800, which is comfortably manageable for household incomes of S$8,000–S$10,000 and leaves meaningful TDSR headroom under the 60% threshold applied by banks. A dual-income household earning S$8,000 combined has approximately S$4,800 available for total debt servicing (60% of S$8,000), meaning a mortgage instalment of S$5,800 would consume approximately 73% of available headroom if no other debts are present—tight but potentially achievable if one spouse carries stronger income or if household income exceeds S$9,000. Second-property buyers should model financing at 75% loan-to-value (rather than 80%) due to tighter lending criteria, which would increase down payment to approximately S$322,500 and require household income of at least S$9,500–S$10,000 to comfortably accommodate the instalment within prudent TDSR limits.

What competing developments near The Poiz Residences offer similar or alternative positioning, and how do they compare?

Competing stock in the immediate Potong Pasir catchment includes older, lower-priced resale apartments priced at S$1.1–S$1.2m (typically S$1,800–S$2,000 psf), which offer marginal savings but incur a connectivity penalty if not MRT-adjacent and trade slower due to limited modern amenities and smaller floor plates. Newer launches further inland in the North-East corridor, such as developments 15–20 minutes' walk from MRT stations, offer price-per-sqft savings of 5–10% but fundamentally sacrifice the transport convenience that commands rental premiums and supports owner-occupier demand. Elsewhere across Singapore, comparable 2-bedroom units in similarly well-connected areas (e.g. Tiong Bahru, Tanjong Pagar fringe) command substantially higher price floors (S$1.5–S$1.8m+), making The Poiz Residences considerably more accessible for the first-time and upgrader segments. The development's value proposition centres on the optimal balance between modern construction, uncompromised transit access, and pricing that avoids either excessive premium or deep discount relative to secondary market comps.

Which floor levels or unit stacks at The Poiz Residences offer the best value for resale velocity and rental appeal?

Mid-level units (floors 5–15) typically deliver the optimal balance of value and desirability at The Poiz Residences; they command modest premiums of 2–4% relative to lower floors (addressing noise and street-level light concerns), whilst avoiding the 8–15% premiums attached to top-floor or corner units that drive up acquisition cost without proportionate tenant demand uplift. Within mid-level stacks, north or east-facing orientations that capture morning and indirect afternoon light tend to command faster resale velocity and marginally higher rents than west-facing units, which endure excessive afternoon heat and require heavier air-conditioning use. Lower floors (2–4) are typically the least desirable, as they sacrifice views and privacy without corresponding price advantages, making them suitable only for investors indifferent to rental premium-maximisation; conversely, highest floors (top 3–4) command outsized premiums that rarely recover fully in resale given the limited marginal preference uplift among middle-market tenants, suggesting they represent over-capitalised positioning for investor acquisitions.

What is the future supply pipeline in the North-East region, and could it threaten values at The Poiz Residences?

The North-East corridor has benefited from measured new supply releases over recent years, with several mid-rise developments completed or planned in surrounding precincts; however, Potong Pasir itself faces inherent constraints on large-scale greenfield redevelopment given the established MRT infrastructure, mature residential fabric, and limited tracts of undeveloped land suitable for residential intensification. Large new launches in Potong Pasir specifically are therefore unlikely within the next 5–10 years, protecting The Poiz Residences from localised oversupply deflation and supporting sustained resale demand. Broader North-East supply releases further inland (e.g. in Hougang, Sengkang outer precincts) will compete for upgrader demand but are unlikely to directly cannibilise Potong Pasir pricing given the transport premium and established residential character; these launches are more likely to absorb price-sensitive first-time buyers and downsize investors seeking marginal cost savings over connectivity, leaving MRT-proximate stock like The Poiz Residences well-positioned within the middle-market investment hierarchy.

The Poiz Residences — From S$850K