Best Condos Near North East Line MRT Stations

The North East Line (NEL) serves as a critical transport corridor connecting the Core Central Region to the North-East, with residential transaction activity concentrated in District 19 and District 3. Data indicates that high-volume developments such as The Florence Residences and Affinity at Serangoon have recorded 1,238 and 846 transactions respectively. Price points along this line vary significantly, ranging from $1,529.915 psf at Riverfront Residences to $2,208.561 psf at Avenue South Residence. The majority of these top-performing projects are 99-year leasehold developments with lease tenures commencing between 2017 and 2019.

Market data reveals a distinct price gradient between the southern and northern segments of the NEL. In District 3, projects like Avenue South Residence and Stirling Residences command premiums with average prices of $2,208.561 psf and $2,140.122 psf. Conversely, the Hougang and Serangoon areas in District 19 offer more accessible entries, with Riverfront Residences averaging $1,529.915 psf and The Florence Residences at $1,663.746 psf. Transaction volume is highest in the mid-to-north segment, where The Florence Residences saw 1,238 transactions, suggesting strong demand for 99-year leasehold products in the $1,500 to $1,700 psf range. The price difference between the northern District 19 projects and the southern District 3 projects currently stands at approximately $500 to $600 psf.