Raintree Gardens

Raintree Gardens is a leasehold (99 yrs from 1987) apartment. The development occupies a land area of 18,711 sqm and a Gross Floor Area of 193,075 sqm. It consists of 175 units. According to records, buyers of this development are Singaporean 50.0%, PR 25.0%, Foreigner 0.0%, Company 25.0%.

RAINTREE GARDENS is located along Potong Pasir Avenue 1 in Toa Payoh, in District 13. It is accessible through the nearest MRTs including Woodleigh NE11 and Potong Pasir NE10.

Based on transaction data in the last 12 months, sale prices range from S$ 601 psf to S$ 601 psf at an average of S$ 601 psf. Its highest recorded transaction was S$ 672 psf in Jul 2015 for a 1,679-sqft unit. Its lowest recorded transaction was S$ 601 psf in Apr 2016 for a 1,679-sqft unit. Its current rental yield is at 2.4%. Other nearby amenities include: 3 Grocerie(s): HAO MART PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): The Poiz Centre, The Woodleigh Mall, The Venue Shoppes.

Buyers and tenants are attracted to District 13, which encompasses Braddell, Macpherson and Potong Pasir. It is located at the city fringe of Singapore. The district comprises predominantly residential properties in the form of HDB clusters, private non-landed and landed homes. District 13 is served by the Macpherson MRT station of the Circle Line and the Downtown Line. It is also connected by Potong Pasir and Braddell MRT stations via North-East Line and North-South Line. Residents in these areas enjoy good accessibility to nearby shopping malls and amenities such as City Square Mall, NEX Shopping Mall and the Orchard Road shopping belt.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.