Near MRT

Best Condos Near North East Line MRT Stations

Best condos along the NEL from HarbourFront to Punggol.

Last updated: 16 March 2026

Overview

The North East Line (NEL) consists of 16 operational stations spanning 19.2km from HarbourFront to Punggol, serving as a critical transit corridor for the North-East region. As of 2024, median resale prices for private condominiums within a 500-meter radius of NEL stations range from $1,350 psf in Punggol to over $2,700 psf in the Core Central Region stations like Outram Park. Transaction data indicates a steady 12% to 15% price appreciation for leasehold properties located near major NEL interchanges over the past three years.

Market Analysis

URA Realis data shows that integrated developments along the NEL, such as Sengkang Grand Residences at Buangkok MRT, command a 10% to 15% price premium over standalone projects in the same district. In the Rest of Central Region (RCR) segment, stations like Woodleigh and Potong Pasir have seen new launch prices cross the $2,450 psf threshold in 2023, driven by the redevelopment of the Bidadari estate. Rental yields for two-bedroom units near Serangoon MRT average between 3.3% and 3.7%, supported by its status as an interchange with the Circle Line and proximity to the NEX mall. In the Outside Central Region (OCR) stations like Hougang and Kovan, the resale market remains active with median entry prices for three-bedroom units hovering between $1.5 million and $1.8 million.

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

Investors should target properties within 400 meters of NEL interchange stations to maximize capital liquidity and rental demand from professionals working in the Central Business District. Buyers looking for value should evaluate the Hougang and Kovan precincts, where freehold options are available at a 15% premium over leasehold counterparts, compared to the 20-25% premium seen in the city fringe. It is necessary to account for the current 60% Total Debt Servicing Ratio (TDSR) and prevailing interest rates when calculating monthly mortgage obligations for high-quantum units near HarbourFront or Dhoby Ghaut.

Frequently Asked Questions

What is the average price for a condo near Punggol MRT?
In 2024, the median resale price for condominiums near Punggol MRT is approximately $1,380 psf. A typical 1,000 sq ft three-bedroom unit in this area transacts between $1.35 million and $1.55 million depending on the age of the development.
Are there freehold condos available near Kovan MRT?
Kovan is a high-density area for freehold developments, with projects like Kovan Melody and Kovan Regency located nearby. Freehold resale prices in this sector currently average between $1,800 psf and $2,100 psf, representing a significant portion of the private housing stock.
Which North East Line station offers the best rental yield?
Farrer Park and Little India stations currently offer some of the highest yields along the line, often reaching 3.8% to 4.2%. This is attributed to the high demand from medical professionals at Tan Tock Seng Hospital and the proximity to the city center.
How much does a 2-bedroom condo near Potong Pasir MRT cost?
Resale 2-bedroom units near Potong Pasir MRT, such as those in The Poiz Residences, are priced between $1.4 million and $1.65 million. New launch units in the same vicinity have seen prices reach $2,400 psf in recent transactions.
What are the price trends for condos near Woodleigh MRT?
Prices near Woodleigh MRT have increased by approximately 20% since 2020 due to the Bidadari master plan. Current median prices for newer leasehold developments in this area stand at approximately $2,150 psf.
Is it worth buying a condo near Sengkang MRT for investment?
Sengkang MRT remains a high-volume resale market with a median price of $1,400 psf. While capital growth is more gradual than in RCR zones, the high occupancy rates in projects like Compass Heights ensure consistent rental income for mid-term investors.

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

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