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Condo

[For Sale] The Tre Ver — From S$1.3M

60 Potong Pasir Avenue 1

1 for sale
9 people are looking at this property right now
Condo

[For Sale] The Tre Ver — From S$1.3M

The Tre Ver
1 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 1 614 sqft S$1.3M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$1.3M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$250K on this acquisition.
  • Located 9 min (750 m) from NE10 Potong Pasir MRT Station.

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The Tre Ver: A Mature Residential Address in Potong Pasir

The Tre Ver stands as an established residential development positioned on Potong Pasir Avenue 1, a location that has steadily earned recognition amongst Singapore property buyers seeking a balance between accessibility, neighbourhood amenity, and value proposition. Situated approximately 750 metres from Potong Pasir MRT Station on the North East Line, the development benefits from a transport node that connects residents directly to the Central Business District, Marina Bay, and secondary business clusters across the island. This accessibility has historically underpinned steady demand from working professionals, upgraders, and investors who prioritise convenience without sacrificing residential character.

The neighbourhood surrounding The Tre Ver is distinguished by its maturity and established community infrastructure. Potong Pasir has developed organically over decades, creating a residential environment characterised by tree-lined streets, established shopping precincts, and mixed-use development that supports both convenience and lifestyle. Residents benefit from proximity to retail outlets, dining establishments, and essential services that have been integrated into the area's fabric over time. This established neighbourhood quality differentiates the locale from newer, still-developing residential areas, offering the reassurance of proven amenity provision and community stability.

Unit Configuration and Space Efficiency

The Tre Ver offers units across a range of configurations, with floor areas beginning at approximately 614 square feet. This modest footprint reflects contemporary design efficiency, enabling developers to deliver functional living spaces that appeal to first-time upgraders, downsizers, and investors seeking lean operational costs and straightforward maintenance. The distribution of unit types across the development ensures that purchasers at different lifecycle stages and with varying space requirements can identify suitable options. Multiple bedroom and bathroom configurations allow flexibility in catering to singles, couples, and small families navigating the property market at different points in their ownership journey.

Pricing Position and Market Entry Point

Units at The Tre Ver are priced from S$1.25 million, positioning the development within the mid-market residential segment where significant transactional volume occurs across Singapore. This price point reflects the location's connectivity, the development's established standing, and prevailing market conditions in the Potong Pasir locality. For prospective purchasers evaluating entry into the property market or seeking to upgrade from existing holdings, this pricing structure provides a realistic threshold for both cash buyers and those relying on mortgage financing. The range of pricing across different unit types and floor levels ensures that buyers with varying budgets and preferences can engage with the development's offering.

Transport Connectivity and Commuting Advantages

The nine-minute walk to Potong Pasir MRT Station represents a significant asset for residents whose employment, recreational activities, or family commitments span different parts of the island. The North East Line itself provides direct connectivity to key economic and cultural hubs, including the Central Business District, Marina Bay financial district, and leisure destinations. This transport advantage has historically supported property value retention and appreciation in the Potong Pasir precinct, as accessibility remains a fundamental determinant of residential demand. For investors evaluating rental yield potential, proximity to public transport is consistently cited by tenant profiles as a material decision factor, suggesting that well-positioned units at The Tre Ver may attract stable, professional tenant pools.

Development Maturity and Infrastructure Certainty

The Tre Ver's established status within the Potong Pasir precinct means that surrounding infrastructure—both physical and social—is fully realised and proven. Unlike emerging developments in new growth areas, residents at The Tre Ver do not face prolonged construction activity in the vicinity, uncertain completion timelines for nearby commercial or educational facilities, or gradual phasing of neighbourhood services. This infrastructure certainty appeals particularly to owner-occupiers seeking immediate enjoyment of their purchase and to investors whose tenant acquisition strategies depend upon established, familiar neighbourhoods. The neighbourhood's proven track record supports confidence in long-term value stability and rental demand sustainability.

Investment Considerations and Buyer Profiles

The Tre Ver attracts multiple distinct buyer cohorts, each evaluating the development against different criteria. Owner-occupiers upgrading from smaller units or entering the residential property market view the development's accessibility and established amenity offering as key advantages, whilst investors assess the development through the lens of rental yield potential, tenant demographics, and capital appreciation trajectory. The diverse unit configuration across the development permits prospective buyers with specific space, layout, or budgetary requirements to identify suitable options without compromise. This flexibility has historically supported stable transactional activity at properties within the Potong Pasir locality.

Lease Structure and Long-Term Ownership Considerations

Purchasers at The Tre Ver should verify the lease tenure and remaining lease duration at the point of acquisition, as these factors materially influence both enjoyment of the property and its long-term resale value trajectory. Singapore's residential property market has demonstrated that leasehold properties with longer remaining tenures command higher valuations and exhibit stronger liquidity, whilst properties approaching the 80-year threshold may experience constraints in tenant financing and buyer interest. Early-stage purchasers benefit from the full economic life of their lease, whilst later-stage buyers must factor lease decay into their financial projections and valuation assumptions. Professional valuation and legal advice at the point of acquisition ensures clarity regarding lease structure and its implications.

Neighbourhood Dynamics and Future Development

The Potong Pasir locality has evolved as a consolidated, established residential precinct with limited remaining white land or major redevelopment sites. This constrained future supply pipeline contrasts with emerging areas that may experience significant new housing delivery and potentially downward pricing pressure. For investors evaluating capital appreciation potential, this supply constraint provides a degree of protection against oversupply dynamics that characterise newer residential zones. The neighbourhood's maturity and regulatory environment suggest that future development will be incremental rather than transformative, supporting relative value stability for existing residential stock such as The Tre Ver.

Comparison to Nearby Competing Developments

The Potong Pasir locality hosts multiple residential developments competing for buyer attention and investment capital. Prospective purchasers should conduct comparative analysis across age, unit configuration, pricing per square foot, and amenity offering to contextualise The Tre Ver's positioning within the local market. Some competing developments may offer newer construction, enhanced common facilities, or alternative floor plans, whilst others may command premium pricing reflecting specific location advantages or tenure structures. This competitive landscape ensures that purchasers retain negotiating leverage and can identify optimal value relative to their specific requirements and financial parameters.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at The Tre Ver as an investment property?

Rental yield at The Tre Ver is influenced by multiple variables including unit configuration, floor level, current market rental rates in the Potong Pasir locality, and tenant demand characteristics. Properties in established neighbourhoods with strong public transport connectivity, such as Potong Pasir, typically attract professional tenant pools willing to pay sustainable rental premiums relative to emerging localities. Current gross rental yields for residential units in this precinct typically range between 2.5 and 3.5 percent, though actual outcomes depend upon individual unit specifications, lease length negotiated with tenants, and management efficiency. To project yield accurately, investors should survey current comparable rental listings in the Potong Pasir area, factor in management costs and void periods, and validate assumptions against historical performance data for similar properties.

How does the per-square-foot pricing at The Tre Ver compare to recent transactions in Potong Pasir?

The Tre Ver's pricing of approximately S$1.25 million for units around 614 square feet translates to a per-square-foot valuation that reflects the development's maturity, location proximity to Potong Pasir MRT, and prevailing market conditions in this established neighbourhood. Recent comparable transactions in the Potong Pasir locality have demonstrated pricing per square foot ranging across a spectrum influenced by unit age, remaining lease tenure, floor level, and specific floor plan configuration. To contextualise The Tre Ver's valuation accurately, prospective buyers should commission professional valuation reports comparing recent arm's-length transactions for similar-sized units in proximate addresses, adjusting for lease decay and specific unit attributes. This comparative analysis ensures informed purchasing decisions and validates that pricing aligns with market norms for the locality.

What Additional Buyer's Stamp Duty (ABSD) implications should I consider if purchasing at The Tre Ver as a second residential property?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20 percent on the purchase price, significantly increasing the total acquisition cost beyond the base purchase price and standard stamp duty obligations. For a property purchased at S$1.25 million, ABSD of 20 percent equates to S$250,000 in additional duty, payable upfront at the point of legal completion and materially impacting overall cash outlay and financing requirements. Prospective second-property buyers must factor this 20 percent ABSD into their financial planning, ensuring that mortgage financing headroom, available capital, and total cost of ownership remain within acceptable parameters. Engaging a conveyancing professional early in the purchasing process ensures clarity regarding all stamp duty obligations and permits accurate budget forecasting.

Does The Tre Ver face lease decay risk, and how might this impact resale value in the long term?

As a leasehold property, The Tre Ver units are subject to gradual lease decay over time, a structural feature of Singapore's residential leasehold market that influences property valuations and tenant financing availability as leases shorten. Properties with remaining leases exceeding 75 years typically command full or near-full market valuations and retain strong mortgage financing availability, whilst properties with leases below 60 years may experience valuation discounts and financing constraints as institutional lenders and buyers apply conservative lending criteria. The specific remaining lease tenure at The Tre Ver determines the trajectory of lease decay impact; purchasers should verify exact lease commencement dates and remaining tenure from official records to project long-term value behaviour. The Government's lease enhancement and vertical development policies may provide remedial pathways for ageing leasehold developments, though outcomes remain uncertain and may not fully preserve valuations relative to longer-leasehold alternatives.

How does proximity to Potong Pasir MRT Station affect demand and capital appreciation potential?

Properties located within walking distance of MRT stations consistently command premium valuations and demonstrate stronger capital appreciation trajectories relative to transit-remote alternatives, as transport accessibility remains a primary determinant of residential desirability across Singapore. The Tre Ver's position approximately 750 metres from Potong Pasir MRT on the North East Line provides commuting convenience to employment hubs, entertainment districts, and secondary business clusters, underpinning steady demand from working professionals and investors. This transport advantage has historically supported value retention throughout economic cycles, as accessibility continues to be valued by successive generations of purchasers regardless of external economic conditions. The North East Line itself serves major employment centres including the Central Business District and Marina Bay, suggesting sustained commuting demand and tenant attraction to this locality over extended holding periods.

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

The Tre Ver appeals to multiple distinct buyer cohorts including first-time upgraders seeking accessible entry into the mid-market residential segment with established neighbourhood infrastructure, working professionals prioritising proximity to employment centres and public transport, and investors evaluating rental income potential from properties in established, lower-volatility residential precincts. Downsizers transitioning from larger family homes find the compact unit configurations and established amenity offering aligned with lifestyle aspirations, whilst property investors value the development's mature neighbourhood status and proven tenant demand characteristics. High-net-worth buyers may view The Tre Ver as a core holding within diversified property portfolios given its location stability and transport connectivity, though may supplement holdings with developments offering premium amenities or emerging area upside. The diversity of unit configurations across the development ensures that prospective buyers across these profiles can identify specifications matching their specific requirements and financial parameters.

What TDSR and financing headroom should I anticipate at typical price points within The Tre Ver's range?

Prospective buyers financing purchases at The Tre Ver's pricing range of approximately S$1.25 million should anticipate Total Debt Service Ratio (TDSR) assessments limiting mortgage financing to approximately 80 percent of the purchase price, or S$1 million, requiring minimum cash outlay of approximately S$250,000 for deposit and acquisition costs. TDSR constraints mean that purchasers with existing debt obligations including car loans, personal loans, or credit card commitments will face reduced mortgage financing capacity, necessitating enhanced equity contributions to complete the purchase. Interest rate assumptions and employment income verification materially influence financing capacity; purchasers should obtain mortgage in-principle approval from institutional lenders early in their acquisition process to validate financing availability and structure optimal debt arrangements. Professional mortgage broking advice ensures that purchasers understand their precise financing headroom and structure loan terms optimising long-term serviceability and cash flow sustainability.

How does The Tre Ver's pricing and offering compare to competing developments within Potong Pasir and adjacent precincts?

The Potong Pasir locality includes multiple residential developments spanning different ages, configurations, and price points, creating a competitive landscape where prospective buyers retain negotiating leverage and can identify optimal value relative to their specifications. Some competing developments may offer newer construction with enhanced common facilities, alternative floor plans, or premium amenities, whilst others may command discounts reflecting longer lease tenure erosion or less prominent transport connectivity. The Tre Ver's pricing and position within this competitive set should be evaluated through commissioned valuation analysis comparing unit specifications, lease tenure, floor levels, and amenity provision across multiple comparable developments. This comparative analysis permits purchasers to validate that pricing aligns with market norms and that The Tre Ver's specific characteristics—established neighbourhood status, proven tenant demand, transport accessibility—represent fair value relative to competing alternatives.

Which unit stack levels or floor positions at The Tre Ver offer optimal value and appreciation potential?

Mid-level floor units at The Tre Ver typically offer superior value propositions relative to ground and lower floor units, which may attract pricing discounts reflecting noise, privacy, and security considerations, and relative to premium upper floors, which command aesthetic and view premiums not necessarily justified by functional utility. Units positioned away from lift lobbies and service areas often command preferences from owner-occupiers, supporting rental premium potential for investors, and may offer superior privacy and noise insulation characteristics relative to lift-proximate units. Higher floors within the development may attract modest pricing premiums reflecting view and lighting advantages, though in established mid-rise precincts these premiums typically remain modest relative to emerging tall developments. Purchasers seeking optimal value should focus upon mid-stack units with favourable orientation, lift-remote positioning, and functional floor plans that appeal to broad tenant or buyer demographics rather than pursuing premium floor positioning with marginal utility enhancement.

What is the future supply pipeline in the Potong Pasir district, and could new residential developments depress property values?

The Potong Pasir locality has matured as an established residential precinct with limited remaining white land, undeveloped sites, or major land parcels suitable for large-scale residential redevelopment, constraining the future supply pipeline relative to emerging growth areas experiencing significant new housing delivery. This constrained supply environment provides structural protection against oversupply dynamics that characterise newer residential zones, supporting relative value stability for existing developments such as The Tre Ver. Any future housing delivery in the locality will likely be incremental—involving selective site redevelopment or consolidation projects—rather than transformative, suggesting that supply growth will be manageable relative to sustained demand from commuters and investors. Prospective purchasers evaluating long-term capital appreciation potential can take moderate reassurance from the neighbourhood's mature status and limited future supply disruption risk, though broader economic cycles, interest rate movements, and citywide property market dynamics remain material influences upon valuation trajectories.