Near MRT

Best Condos Near Thomson-East Coast Line MRT

Condos near TEL stations — Singapore's newest MRT line from Woodlands to Bayshore.

Last updated: 16 March 2026

Overview

The Thomson-East Coast Line (TEL) spans 43km and 32 stations, connecting the Northern region through the Central Business District to the East Coast. As of 2024, the completion of Stage 4 has integrated districts 15 and 16, where residential properties within a 500-meter radius of stations command a price premium. Market data shows that average transaction prices for private non-landed properties along this corridor vary significantly, ranging from $1,300 PSF in Woodlands to over $2,600 PSF in the Tanjong Rhu and Marine Parade sectors.

Market Analysis

Analysis of URA Realis data indicates that new launches near TEL stations in the Lentor area, such as Lentor Mansion, achieved an average launch price of $2,278 PSF with a 75% take-up rate. In the East Coast segment, resale prices for freehold developments near Marine Parade MRT have stabilized between $1,900 and $2,200 PSF, reflecting a 15% increase since the line's announcement. Rental yields in District 15 near TEL stations currently average 3.2% to 3.8%, supported by a 20-minute commute time to Shenton Way. The price gap between new 99-year leasehold units and older freehold units in the Upper Thomson vicinity has narrowed to approximately 12%, driven by the modern amenities of newer projects.

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

Prospective buyers should prioritize developments within 400 meters of a TEL station entrance to maximize capital resilience, as these units typically trade at a 10% to 15% premium over those further away. It is essential to compare the $2,400+ PSF entry price of new launches against the $1,700-$1,900 PSF found in 10-to-15-year-old resale condos in the same district. Investors should specifically target interchange stations like Bright Hill and Caldecott, where future connectivity to the Cross Island Line and Circle Line provides additional support for rental demand.

Frequently Asked Questions

What is the average price of a condo near Marine Parade MRT?
As of 2024, resale condos near Marine Parade MRT typically range from $1,900 to $2,300 PSF. Newer developments in the immediate vicinity have recorded transactions reaching as high as $2,600 PSF following the opening of TEL Stage 4.
Are there affordable condos near the Thomson-East Coast Line in the North?
Condos near Woodlands South and Springleaf stations offer lower entry points, with resale prices often between $1,200 and $1,450 PSF. These prices represent a significant discount compared to the $2,100 PSF average seen in the TEL's central and eastern sectors.
How has the TEL Stage 4 opening affected property prices in District 15?
The opening has led to a 5% to 8% increase in transaction volumes for projects near Tanjong Katong and Marine Terrace stations. Average prices in District 15 have moved from $1,850 PSF in 2021 to over $2,100 PSF in 2024.
What are the rental yields for condos near Bright Hill MRT?
Rental yields for private residences near Bright Hill MRT currently average between 3.1% and 3.5%. The station's status as a future interchange for the Cross Island Line contributes to stable occupancy rates and consistent tenant interest.
What is the price difference between freehold and leasehold condos near TEL stations?
In District 15, freehold units near TEL stations often command a 20% to 25% price premium over leasehold counterparts. However, newer leasehold projects often achieve higher rental yields due to modern facilities and closer proximity to station exits.
How long is the commute from Bayshore MRT to the CBD?
The commute from Bayshore MRT to Shenton Way station is approximately 20 to 25 minutes via the TEL. This improved accessibility has supported the $2,000+ PSF valuation for developments in the Bayshore and Upper East Coast precinct.

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

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