Neem Tree

Neem TreeNeem Tree is a low density development set in a quiet residential part of District 12. It is still only a 5 minute walk from a good choice of eateries and an IMAX cinema, as well as a range of shopping, banking and grocery shopping options. The nearest MRT, Toa Payoh Interchange, is a 15 minute walk from Neem Tree, but a bus just 5 minutes’ walk away takes residents straight to the station. Neem Tree itself consists of 84 units, in a single 17 storey tower. Though the units are not the biggest you will find, the high ceilings go some way to compensate for this. Neem tree is also a freehold development, something that though not unique in the area is still something to be valued.Aylesbury Pte Ltd was incorporated in January 2011 and as well as offering real estate development services, participates in en-bloc redevelopment. They have developed industrial and commercial developments, including residential, their most successful to date being E9 Premium @ Woodlands.Neem Tree – Unique Selling PointsNeem Tree is in a location that is quiet yet still has most of the amenities people want and expect. Within a 5 minute walk there are a good choice of eateries, as well as grocery shopping and banks and a cinema. The local bus services – also just a 5 minutes’ walk from Neem Tree, can then take residents slightly further afield and to the nearest MRT station – Toa Payoh – which is a 15 minute walk from Neem TreNeem Tree – AccessibilityThe nearest MRT to Neem Tree is Toa Payoh Interchange on the North South Line, but it is a 15 minute walk from the development. The good news though is that there is a bus stop that takes residents straight to the station, just 5 minutes’ walk from Neem Tree. It is also just a 5 minute walk to Balestier Road with its collection of eateries, as well as the Shaw Plaza which boasts, among other things, an IMAX cinema. There is a park connector right outside Neem Tree making walking or cycling an easy and pleasant option.The CTE is approximately 5 minutes away, which leads you to either the PIE, or Orchard in the other direction.Neem Tree - Amenities & AttractionsDining near Neem Tree:Boon Tong KeeWheelers YardFix GrillWhampoa Hawker Centre/Makan PlaceLoy KeeShopping near Neem Tree:Shaw PlazaBalestier PlazaSchools and Education near Neem Tree:Balestier Hill Primary SchoolBalestier Hill Secondary SchoolGlobal Indian International SchoolNorthlight SchoolCHIJ Secondary SchoolPei Chun Public SchoolSt Andrew’s Junior SchoolStamford American International SchoolNeem Tree - Project informationNeem tree is a low density, residential development located in a predominately residential and peaceful area along Jalan Kemaman. It has just 84 units, situated in a single 17 storey tower, comprising of 1 bed, 1+1 bed, 2 bed, 2+1 bed and 3 bed units, as well as a single 2 bed penthouse and two 3 bed penthouses. The units at Neem Tree are not massive – the 1 beds start at 420 sqft and go up to 452 sqft, but the thing they have going for them is that they relatively high ceilings, regardless of their location. This gives the impression of more space and goes some way to alleviating some of the woes associated with living in small apartments.Facility wise, Neem Tree does OK despite its small size. It has a prominent swimming pool located on the second floor, along with a Jacuzzi, and a roof top BBQ and dining area.Project Name: Neem TreeAddress: 30 Jalan KemamanType: CondominiumSite area: Approx. 17,384 sqftTenure: FreeholdDistrict: 12Configuration: 84 units in a single, 17-storey towerUnit types:28 x 1BR (420 – 452 sqft)13 x 1+1BR (506 sqft)14 x 2BR (624 sqft)13 x 2+1BR (710 sqft)13 x 3BR (818 sqft)1 x 2BR Penthouse (947 sqft)2 x 3BR Penthouse (1,163 – 1,335 sqft)Parking lots: 84 + 2Expected TOP: 2020Neem Tree - Historical DataAs of March 2016 there were 19 transacted sales at Neem Tree. 18 of those sales were made between May and December 2015, with only one in the subsequent 3 months. More than half of the sales were between $650K and $700K with only a handful being around the $1M mark.With regards to the median prices for those units sold, the figures show that for the 1 bed units it is $1,642 psf and $1,579 and $1,481 for the 2 bed and 3 bed units respectively.Neem Tree - Nearby ProjectsThe following developments are in the same neighbourhood as Neem Tree:Kemaman PointThe ViridianDe RoyaleSkySuites