Near MRT

Best Condos Near Downtown Line MRT Stations

Top condos near Downtown Line stations from Bukit Panjang to Expo.

Last updated: 16 March 2026

Overview

The Downtown Line (DTL) spans 42 kilometers and 34 stations, connecting the residential hubs of Bukit Panjang and Tampines directly to the Central Business District. As of 2024, residential properties within a 500-meter radius of DTL stations command a price premium ranging from 10% to 15% compared to those located further away. Transaction data indicates that integrated developments along this line, such as those at Hillion Mall, maintain high resale liquidity with average PSF prices starting from $1,600 in the Outside Central Region (OCR) and exceeding $2,800 in the Core Central Region (CCR).

Market Analysis

Analysis of URA Caveats from the last 24 months shows a distinct price gradient along the Downtown Line, with CCR stations like Newton and Bugis averaging $2,950 PSF. In the Rest of Central Region (RCR), stations such as Mattar and Geylang Bahru have recorded a 12% capital appreciation since 2021, driven by city-fringe demand. The OCR segments, specifically around Bukit Panjang and Cashew, offer entry points at $1,450 to $1,750 PSF, making them approximately 40% more affordable than central segments. Rental yields for two-bedroom units near DTL stations currently average between 3.2% and 3.8%, supported by the line's direct access to the Marina Bay Financial Centre.

Featured Projects

ProjectDistrictMedian PSFTransactionsTenure
TREASURE AT TAMPINESD18 Tampines, Pasir Ris$1,435.081,96399 yrs lease commencing from 2018
NORMANTON PARKD05 Pasir Panjang, Clementi$1,816.4731,88299 yrs lease commencing from 2019
PARC CLEMATISD05 Pasir Panjang, Clementi$1,681.7261,32499 yrs lease commencing from 2019
THE FLORENCE RESIDENCESD19 Serangoon, Hougang$1,663.7461,23899 yrs lease commencing from 2018
JADESCAPED20 Bishan, Ang Mo Kio$1,779.55396399 yrs lease commencing from 2018
PARC ESTAD14 Geylang, Paya Lebar$1,889.0389099 yrs lease commencing from 2018
AFFINITY AT SERANGOOND19 Serangoon, Hougang$1,625.80584699 yrs lease commencing from 2018
AVENUE SOUTH RESIDENCED03 Queenstown, Tiong Bahru$2,208.56179699 yrs lease commencing from 2018
RIVERFRONT RESIDENCESD19 Serangoon, Hougang$1,529.91579299 yrs lease commencing from 2018
STIRLING RESIDENCESD03 Queenstown, Tiong Bahru$2,140.12274899 yrs lease commencing from 2017

Buyer Advice

Buyers should prioritize developments within a 400-meter walking distance of DTL stations to maximize future exit potential and rental demand. Monitoring upcoming government land sales near interchange stations like Sungei Bedok or Beauty World is essential, as these locations often see a 5% to 8% price uplift upon the completion of surrounding infrastructure. It is also recommended to compare the PSF of older freehold projects against newer 99-year leasehold developments, as the price gap in the Upper Bukit Timah area has narrowed to less than 15% in recent quarters.

Frequently Asked Questions

What is the average price of a condo near Bukit Panjang MRT?
As of 2024, resale condominiums near Bukit Panjang MRT, such as Hillion Residences and Maysprings, trade at an average price of $1,550 to $1,700 PSF. Newer developments in this vicinity have seen a 14% increase in transaction volume over the past 12 months.
Which Downtown Line stations offer the highest rental yields?
Stations in the RCR such as Bendemeer and Geylang Bahru show gross rental yields of 3.6% to 4.1% due to lower entry prices compared to the CBD. One-bedroom units in these areas typically command monthly rents between $3,500 and $4,200.
Are there freehold condos near Beauty World MRT?
There is a high concentration of freehold properties along Jalan Jurong Kechil and Upper Bukit Timah Road within 600 meters of Beauty World MRT. Current market prices for these freehold units range from $2,200 to $2,600 PSF depending on the age and condition of the development.
How does the Downtown Line affect property prices in Tampines East?
Since the completion of the DTL3 extension, property prices in Tampines East have appreciated by approximately 20%, with resale condos like The Alps Residences averaging $1,400 to $1,550 PSF. The direct connection to the CBD has reduced commute times by 25 minutes, increasing demand from working professionals.
What are the entry-level condo prices near Hillview MRT?
Entry-level two-bedroom units near Hillview MRT are currently priced between $1.3 million and $1.5 million. PSF rates for 99-year leasehold projects in this area average $1,650, while older freehold developments trade closer to $1,800 PSF.
Is it better to buy near a DTL interchange station?
Interchange stations like Little India (DTL/NEL) and Newton (DTL/NSL) provide higher connectivity, resulting in a 10% to 12% price premium over single-line stations. These hubs also experience higher rental occupancy rates, often exceeding 95% in stable market conditions.

This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.

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