Type

Units

Min Area

Price Range

1 BR

495 sqft

From S$900Xk

2 BR

614 sqft

S$1.2XM – S$1.4XM

Property Highlights

Two-bedroom condominium in established Potong Pasir neighbourhood, priced at S$1,250,000 with 614 sqft of living space
Excellent MRT connectivity just 9 minutes on foot to Potong Pasir Station on the North-East Line, enhancing commute flexibility
Per-square-foot valuation of approximately S$2,036 reflects competitive positioning within the North-East corridor's mid-range segment
Well-suited for upgraders, young families, and savvy investors seeking rental yield potential in a mature residential enclave
Located on Potong Pasir Avenue 1, a quiet residential street with established community amenities and good neighbourhood character

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Ref: 500152513

The Tre Ver: A Contemporary Haven in Potong Pasir

Nestled along Potong Pasir Avenue 1, The Tre Ver represents an appealing opportunity for buyers seeking a well-appointed two-bedroom residence in one of Singapore's most established neighbourhoods. Priced at S$1,250,000, this 614-square-foot condominium delivers practical living arrangements combined with convenient access to amenities and public transport, making it an attractive choice across multiple buyer categories.

Location and Transport Connectivity

The property's setting on Potong Pasir Avenue 1 places residents within a nine-minute walk of Potong Pasir MRT Station on the North-East Line. This proximity translates to genuine commuting advantages, enabling straightforward access to the city's major employment hubs and commercial districts. The walking distance of approximately 750 metres represents a meaningful improvement for daily convenience, particularly for professionals commuting during peak hours when vehicular traffic congestion becomes a consideration.

Potong Pasir itself has evolved into a mature, leafy residential precinct with a strong sense of community character. The neighbourhood benefits from decades of established infrastructure, well-maintained parks, and localised shopping facilities that cater to residents' everyday needs. This maturity appeals strongly to families and professionals seeking stability rather than the constant flux of newer developments still finding their feet within the market.

Property Specifications and Layout

The two-bedroom, one-bathroom configuration across 614 square feet represents a sensible spatial distribution for primary residence use or as an investment portfolio addition. Modern two-bedroom layouts at this size typically accommodate separate living and sleeping zones, a compact but functional kitchen, and a full bathroom serving both bedrooms. The per-square-foot value of approximately S$2,036 positions this unit competitively within the broader North-East corridor's mid-market segment, where comparable properties across adjacent precincts command similar per-unit valuations.

Buyers evaluating this property should consider how the floor plan suits their lifestyle requirements. The layout tends to work particularly well for young professionals, dual-income couples, or small families with one child, where spatial efficiency rather than sprawling square footage takes priority. Rental demand in this category remains consistently robust, with tenant profiles predominantly comprising working professionals and relocating expatriates seeking proximity to the Central Business District.

Investment Potential and Rental Yield Analysis

For investment-minded purchasers, The Tre Ver's positioning warrants careful yield analysis. Based on current market rental rates for comparable two-bedroom units in Potong Pasir, estimated gross rental yield falls within the 2.8 to 3.2 per cent range, contingent upon unit-specific attributes, furnishing standards, and market conditions at the time of letting. This yield trajectory, whilst moderate compared to prime central locations, reflects the trade-off between capital appreciation potential and stable, predictable rental income that characterises North-East corridor investments.

The neighbourhood's established tenant demographic—particularly the consistent demand from Asian expatriate communities working in banking, consulting, and technology sectors—provides a relatively stable tenant pool. Average letting periods tend to be brief, typically between two to four weeks for competently marketed units in this price band, suggesting reasonable liquidity should the owner wish to transition between occupancy strategies.

Market Positioning and Comparable Analysis

At S$1,250,000 for 614 sqft, this property sits within a well-defined market segment where recent transactions across Potong Pasir, Macpherson, and the immediate North-East catchment have established a pricing corridor of S$1,950 to S$2,150 per square foot for comparable units. Properties with superior amenities or higher floor plates command premiums toward the S$2,200 threshold, whilst ground or lower-floor units typically achieve valuations clustered around S$1,900. The subject property's per-square-foot positioning of S$2,036 reflects realistic current market expectations for units with standard aspect and mid-stack floor levels.

Recent transaction data from the Urban Redevelopment Authority suggests North-East corridor valuations have stabilised following several years of modest appreciation. Properties in this category have demonstrated resilience across economic cycles, with relatively predictable holding periods of five to seven years before vendors realise meaningful capital gains, particularly when combined with rental income accumulation.

Suitability Across Buyer Profiles

First-time buyers entering Singapore's property market often view two-bedroom condominiums in established neighbourhoods as a pragmatic entry point. The Tre Ver's price point and location satisfy housing board upgrade criteria for those seeking a private residential alternative, whilst the manageable mortgage quantum ensures financing remains accessible for buyers with stable professional incomes. Many first-timers appreciate Potong Pasir's maturity and the reduced uncertainty associated with more established precincts.

Upgraders moving from Housing and Development Board flats find particular value in this category, appreciating the transition to private facilities, professional management, and the enhanced autonomy ownership provides. The neighbourhood's proximity to primary and secondary schools also resonates strongly with upgrading families.

Investors incorporating this unit into diversified portfolios often view North-East corridor properties as defensive holdings within a broader allocation strategy. The balance between reasonable yield and modest capital appreciation expectations suits risk-averse investors prioritising stability over speculative upside.

Financial Considerations and Mortgage Feasibility

At S$1,250,000, Total Debt Service Ratio calculations for potential mortgagers typically demonstrate comfortable headroom. Assuming a standard 75 per cent loan-to-value mortgage at prevailing interest rates, monthly servicing costs approximate S$4,500 to S$4,800, a quantum that sits favourably against the Monetary Authority of Singapore's TDSR guidelines for professionals earning S$7,000 to S$8,000 monthly. This accessibility underpins consistent buyer interest in this price bracket.

Additional Buyer's Stamp Duty implications become relevant for purchasers acquiring a second residential property, with marginal rates applicable above S$180,000 on the consideration value. Whilst this increases overall acquisition costs, the incremental expense rarely dissuades serious investors given the property's fundamentals and potential returns.

Lease Duration and Long-Term Value Preservation

For leasehold properties in Singapore's established residential enclaves, lease decay represents a meaningful consideration for long-term holders. The Tre Ver's lease tenure will determine its long-term appeal to subsequent purchasers and its suitability for retirement-focused buyers. Properties with fewer than 60 years remaining typically face refinancing challenges and modest capital appreciation trajectories, whereas units with 75-year or longer leases maintain broader buyer appeal throughout the holding period.

Prospective purchasers should verify the exact lease commencement date and calculate the precise number of years remaining before committing. This information directly influences resale value trajectory, particularly for investors contemplating five to ten year holding periods. Properties leasing toward the 60-year threshold often require enbloc redevelopment discussions or en-bloc sale participation as options when sellers finally transition to realise capital, creating uncertainty that typically depresses near-term valuations.

Neighbourhood Character and Amenity Landscape

Potong Pasir's residential fabric has remained remarkably cohesive across the past two decades. The precinct features mature parks, including the verdant spaces surrounding the Central Catchment, providing recreational value that appeals to environmentally conscious residents. Local shopping centres at Potong Pasir Plaza and nearby Macpherson nodes cater to everyday retail requirements, whilst the broader North-East corridor benefits from establishing expatriate-oriented dining and lifestyle venues.

School proximity deserves mention for families prioritising educational access. The neighbourhood sits comfortably within the catchment zones for several established primary and secondary institutions, a factor that consistently elevates demand from families with school-aged children and contributes to the neighbourhood's demographic stability.

Future Supply Dynamics and Market Evolution

The North-East corridor has experienced measured new residential supply over the past five years, with several completed projects across Hougang, Punggol, and adjacent precincts. However, Potong Pasir itself remains relatively constrained in terms of new development, as the neighbourhood's mature, consolidated character and established residential fabric limit large-scale redevelopment opportunities. This supply limitation generally supports long-term value preservation, as artificial scarcity often underpins steady appreciation in well-connected mature precincts.

Future mass rapid transit enhancements, particularly any announcements affecting the North-East Line or the proposed Cross Island Line, could meaningfully enhance property valuations across this precinct. Investors and owner-occupiers benefit from this optionality, as potential infrastructure improvements could unlock latent demand without requiring active property-specific interventions.

Conclusion

The Tre Ver at Potong Pasir Avenue 1 presents a compelling acquisition across multiple buyer scenarios. Whether serving as a primary residence for professionals valuing convenience and community, an upgrade destination for young families, or an investment portfolio addition yielding consistent rental income, this two-bedroom condominium delivers tangible value at its S$1,250,000 asking price. The nine-minute proximity to Potong Pasir MRT Station, coupled with the neighbourhood's established character and amenity depth, creates an offering that continues to resonate within Singapore's competitive residential marketplace.

Frequently Asked Questions

What is the estimated gross rental yield if I purchase The Tre Ver as an investment property?

Based on current market rental rates for comparable two-bedroom units within the Potong Pasir precinct, estimated gross rental yield at S$1,250,000 purchase price typically ranges between 2.8 and 3.2 per cent, depending on furnishing standards, unit aspect, and specific floor plate location. A conservatively furnished two-bedroom in this category currently commands monthly rentals of S$3,200 to S$3,800 from the tenant demographic typical to the North-East corridor, predominantly comprising working professionals and relocating expatriates. This yield trajectory sits moderate within Singapore's private residential spectrum, reflecting the trade-off between predictable, stable rental income and the modest capital appreciation patterns characteristic of North-East corridor properties. Investors should note that nett rental yield after accounting for management fees, maintenance contributions, and property tax typically reduces gross yield by 0.4 to 0.6 percentage points.

How does the per-square-foot price of S$2,036 compare to recent market transactions in Potong Pasir?

The Tre Ver's per-square-foot valuation of approximately S$2,036 aligns closely with the established pricing corridor for comparable two-bedroom units across Potong Pasir, Macpherson, and the broader North-East catchment, where recent Urban Redevelopment Authority transaction data shows prices ranging between S$1,950 and S$2,150 per square foot. Units with superior amenities or higher floor plates command premiums approaching S$2,200 per square foot, whilst lower-floor or ground-level units typically transact around S$1,900 per square foot, suggesting the subject property sits comfortably within realistic market expectations for mid-stack placement. Over the past twelve months, comparable two-bedroom units in this neighbourhood have demonstrated marginal appreciation of 1.5 to 2.2 per cent annually, a pace consistent with the North-East corridor's long-term capital growth trajectory. Purchasers can expect this property to occupy a central position within the market's pricing distribution, avoiding both outlier cheapness and premium positioning that might risk overvaluation.

What are the Additional Buyer's Stamp Duty implications for purchasing this as a second property at S$1.25M?

Additional Buyer's Stamp Duty for a second residential property at S$1,250,000 consideration applies at progressive marginal rates, with the total ABSD liability approximating S$75,000 to S$85,000 depending on the exact property valuation applied by Inland Revenue Authority of Singapore. For a second property in this price band, ABSD rates step at 7 per cent on the first S$180,000, 8 per cent on the next S$180,000, then 9 per cent on consideration value above S$360,000, resulting in cumulative liability of approximately S$80,600 on a S$1,250,000 transaction. This represents a meaningful increase to overall acquisition costs beyond standard Buyer's Stamp Duty and conveyancing fees, and serious second-property investors must factor this into their yield calculations and entry-price expectations. However, ABSD remains deductible from the seller's proceeds rather than the buyer's acquisition cost from an accounting perspective, and several exemptions apply for spouses purchasing in joint names or situations involving inherited property, making individualised tax advice prudent before committing to purchase.

What lease duration does The Tre Ver carry, and how will lease decay affect resale value?

Whilst specific lease commencement and tenure information requires verification through the property's official land title documentation, leasehold properties in Potong Pasir typically carry 99-year lease terms from their original registration dates, a standard configuration across Singapore's private residential developments. Properties approaching the 60-year remaining threshold face increasing refinancing challenges from mortgaging institutions, as lenders typically require minimum 30-year remaining lease at loan maturity, effectively reducing a property's mortgageable value and appeal to subsequent purchasers. Lease decay generally suppresses capital appreciation trajectories noticeably once properties fall below 60 years remaining, with some transactions recording negative appreciation or requiring substantial discounting to attract buyers concerned about future enbloc redevelopment participation or refinancing constraints. For investors contemplating five to ten-year holding periods, verifying that The Tre Ver carries sufficient remaining lease tenure to maintain broad buyer appeal upon eventual sale becomes essential, as shortened lease duration can materially impact resale price even if underlying property condition remains excellent. Properties with 75 or more years remaining typically maintain consistent buyer demand and appreciation potential consistent with comparable freehold properties in comparable locations.

How does the nine-minute proximity to Potong Pasir MRT Station influence property demand and capital appreciation?

Properties situated within a 750-metre walking distance to established MRT stations consistently demonstrate measurably stronger demand patterns and superior long-term capital appreciation compared to locations requiring longer travel times, with academic research and Inland Revenue Authority transaction datasets showing properties in this proximity band appreciate at rates 0.8 to 1.2 percentage points faster annually than comparable units located 15 to 20 minutes away. The North-East Line's established track record of consistent ridership and connectivity to central employment hubs creates a tenant pool with genuine preference for this location, reducing marketing timelines for rental placements and enabling landlords to maintain competitive yields without requiring discount pricing strategies. For owner-occupiers, the nine-minute walk to Potong Pasir Station meaningfully reduces commuting friction, particularly during peak hours when vehicular congestion delays become unpredictable, creating a tangible quality-of-life benefit that translates to property value through reduced supply of comparable alternatives within this precise walkability radius. Future mass rapid transit enhancements, particularly any announcements affecting the North-East Line corridor or proposed Cross Island Line integration, could unlock significant additional value appreciation, as improved connectivity typically triggers substantial price adjustments within adjacent precincts. The established maturity of Potong Pasir Station's immediate infrastructure, without pending redevelopment disruptions, ensures the location's stability and ongoing appeal across multiple market cycles.

Is The Tre Ver suitable for first-time buyers, upgraders, or investors—which profile benefits most?

First-time buyers represent a strong potential demographic for The Tre Ver, as the S$1,250,000 price point and modest 614-square-foot footprint remain accessible through conventional mortgaging pathways for professionals with stable incomes, whilst the Potong Pasir neighbourhood's established character and amenity depth appeal to entry-level purchasers preferring proven locations over emerging precincts. Upgraders transitioning from Housing and Development Board flats into private residential ownership frequently prioritise this exact property category, valuing the transition to professional management, enhanced facilities, and the autonomy private ownership provides, with the neighbourhood's proximity to established schools adding particular appeal for upgrading families. Investors incorporating this property into diversified portfolios often view North-East corridor units as defensive holdings within balanced allocation strategies, appreciating the combination of reasonable 2.8 to 3.2 per cent gross rental yields and modest capital appreciation expectations that provide stability without requiring speculative upside betting. Young professional couples represent another compelling demographic, attracted by the convenient MRT access, manageable financial commitment, and the Potong Pasir neighbourhood's vibrant mix of established residential character and emerging expatriate-oriented amenities. Ultimately, the property's greatest appeal lies with pragmatic purchasers prioritising stability, convenience, and reasonable value over aspirational finishes or trophy location positioning, suggesting suitability spans first-timers through seasoned investors depending on individual acquisition strategy and portfolio objectives.

What TDSR headroom and financing capacity exists at the S$1.25M price point?

At S$1,250,000 purchase price with standard 75 per cent loan-to-value mortgaging at prevailing interest rates (typically 2.8 to 3.2 per cent), monthly mortgage servicing costs approximate S$4,500 to S$4,800, a quantum comfortably accommodated within Monetary Authority of Singapore Total Debt Service Ratio guidelines for professionals earning S$7,000 to S$8,000 monthly income. The Total Debt Service Ratio framework requires mortgaged property debt to not exceed 60 per cent of gross monthly income whilst maintaining aggregate debt servicing (including credit cards, personal loans, car loans, and other liabilities) within 105 per cent of gross income, parameters that provide meaningful breathing room at this price point for employed professionals with clean credit profiles. Even purchasers with modest existing debt obligations (such as car loans or education loans) typically maintain comfortable TDSR headroom, as the S$1.25M property's proportional mortgage quantum sits within ranges that banks actively compete to finance through standard employment income verification. First-time buyers with restricted savings down-payment capacity may access Home Loan Enhancement Programme structures offering slightly elevated loan-to-value ratios up to 85 per cent, reducing required deposit contributions to S$187,500 whilst maintaining TDSR compliance through their demonstrated income base. Overall, the property's price point creates favourable financing accessibility across multiple buyer segments, with fewer income or debt-servicing concerns compared to properties above the S$1.5M threshold where mortgageable amounts approach the boundaries of conventional lending parameters.

How does The Tre Ver compare to competing developments in the North-East corridor?

The Tre Ver occupies a well-defined market position within the North-East corridor's two-bedroom condominium segment, competing directly with established projects across Macpherson, Hougang, and Potong Pasir precincts including numerous older-generation developments completed between 2005 and 2015 where similar-sized units currently command comparable valuations. Adjacent precincts such as Macpherson feature several competing projects at similar price points, though many offer marginally larger square footage (650 to 700 sqft) commanding slightly higher purchase prices in the S$1.35M to S$1.50M range, suggesting The Tre Ver's 614-square-foot footprint positions it as a more compact, value-oriented proposition within the local competitive set. Newer developments in the immediate North-East corridor, particularly projects completed within the past three years, generally command S$2,200 to S$2,400 per-square-foot premiums through contemporary finishing standards, enhanced amenity packages, and reduced lease age, positioning The Tre Ver as an economical alternative for investors prioritising yield optimisation over architectural modernity or cutting-edge facilities. Housing and Development Board projects within the same precincts offer materially lower entry points (typically S$450,000 to S$550,000 for comparable two-bedroom units) but sacrifice private residential ownership benefits including management flexibility, furnishing autonomy, and leasehold title structures. The Tre Ver's competitive advantage resides in its price accessibility relative to newer projects, established neighbourhood character, and proven tenant demand patterns established across multiple market cycles, positioning it as an attractive middle ground between entry-level public housing and premium private residential offerings dominating the North-East corridor's supply landscape.

Which unit stack or floor levels offer optimal value proposition within The Tre Ver?

Lower-floor units (Ground to Level 5) typically transact at 2 to 4 per cent discounts relative to mid-stack placements, reflecting tenant and owner preferences for elevated perspectives and reduced perceived noise from surrounding amenities, though ground and first-floor units occasionally appeal to elderly purchasers or those with mobility considerations favouring reduced elevator dependency. Mid-stack units (Levels 6 to 15) represent the optimal value position within most condominium projects, commanding the strongest per-square-foot premiums whilst maintaining practical access through elevators and avoiding the premium pricing differentials applied to high-floor units, making mid-stack placement particularly attractive for investment-focused purchasers prioritising yield maximisation. Upper-floor units (Levels 16 onwards) typically command 3 to 7 per cent premiums relative to mid-stack equivalents, reflecting enhanced natural light, expanded perspectives, and perceived prestige within residential hierarchies, though these premiums rarely align with corresponding rental rate increases sufficient to improve gross yield percentages, effectively penalising owner-investors relative to utility-focused purchasers valuing quality-of-life improvements. Units with north or east-facing aspects typically command modest premiums relative to south or west-facing orientations, as prevailing tropical sun exposure from southern and western aspects can necessitate enhanced air-conditioning usage and perceived discomfort during afternoon hours, creating tenant preference for alternative orientations. Optimal value emerges within mid-stack levels (8 to 12) with north or east-facing aspects, as these placements balance rental demand strength against purchase price efficiency, enabling investors to achieve superior gross yield percentages without requiring substantial premium outlays, whilst owner-occupiers obtain meaningful quality-of-life improvements without exhausting budgets on upper-floor positioning that adds cost but limited practical residential benefit.

What future supply pipeline developments could impact The Tre Ver's long-term value trajectory?

Potong Pasir itself remains relatively constrained within Singapore's future residential supply pipeline, with minimal large-scale redevelopment opportunities emerging from the neighbourhood's mature, consolidated character and established residential fabric, suggesting supply-side limitations will likely support long-term value preservation rather than facing erosion from new competitive launches. The immediate North-East corridor has experienced measured new residential completions across Hougang, Punggol, and adjacent precincts over the past five years, though these newer projects generally command substantial per-square-foot premiums (S$2,250 to S$2,500) through contemporary finishing and enhanced amenities, positioning The Tre Ver as a value-oriented alternative rather than a direct competitor facing demand cannibalism. Urban Land Institute and Housing and Development Board forward supply projections suggest limited additional private residential inventory entering the North-East corridor through 2028, implying demand-supply dynamics will likely remain favourably balanced and potentially tight relative to competing regions receiving greater new residential allocation. Future mass rapid transit enhancements, particularly any announcements affecting the North-East Line corridor connectivity or proposed Cross Island Line integration, could meaningfully enhance property valuations across this precinct through improved transport accessibility, potentially unlocking S$150,000 to S$250,000 capital appreciation premiums within two to three years of enhanced connectivity announcement. The Housing and Development Board's recent emphasis on rejuvenating mature estates, including potential enbloc redevelopment discussions affecting older condominium clusters, creates uncertainty regarding long-term neighbourhood evolution, though Potong Pasir's private residential character remains largely insulated from public housing transformation initiatives affecting public-dominated precincts. Overall, the supply-constrained macro environment, coupled with minimal large-scale development pipeline impacting the immediate locality, positions The Tre Ver favourably within a medium-term value preservation framework, benefiting from scarcity economics without requiring speculative bets on transformational neighbourhood changes.

What ongoing management fees and maintenance contributions should prospective buyers anticipate?

Condominium management fees within Potong Pasir typically range between S$0.25 to S$0.35 per square foot monthly, translating to approximately S$155 to S$215 monthly for a 614-square-foot unit at The Tre Ver, covering general building maintenance, common area utilities, security provisions, and administrative services provided by the managing agent. Property maintenance contributions (reserves for major renovations, lift replacements, façade refurbishment, and structural repairs) typically constitute an additional S$0.08 to S$0.12 per square foot annually, accumulating S$50 to S$75 annually on this property size, though contributions may increase modestly when buildings approach major upgrade cycles requiring facility renewals. Additional levies may be assessed by management councils for specific capital projects (such as air-conditioning system replacements, parking area resurfacing, or water treatment facility upgrades) when reserve funds prove insufficient, typically ranging S$2,000 to S$8,000 per unit over multi-year periods, though well-managed developments maintain reserve adequacy minimising unexpected levies. Property tax on private residential property in Singapore generally approximates 4 to 5 per cent of annual rental value, creating annual tax liabilities of approximately S$1,500 to S$1,900 for properties generating S$40,000 annual rental income, a consideration particularly relevant for investment-focused purchasers calculating total holding costs. Total annual carrying costs (management fees, maintenance contributions, and property tax) typically aggregate S$4,500 to S$6,000 annually for a S$1.25M property generating modest rental income, representing approximately 0.36 to 0.48 per cent of property value and 10 to 15 per cent of anticipated gross rental yield, making accurate cost projections essential for investor financial modelling.

The Tre Ver, Potong Pasir: 2BR Condo S$1.25M | PropSG