Laurel Tree
Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), Laurel Tree is a freehold condominium in the Outside Central Region (OCR). The development was completed in 2017 and comprises 70 units. Sale and rental figures on this page are compiled from URA transaction records.
LAUREL TREE
Over the 12 months to May 2026, Laurel Tree recorded 3 resale transactions at a median $1,556 psf (median price $720,000), and 31 rental contracts at a median $2,650/mo, a gross rental yield of 4.4%. Source: URA caveat data, as of May 2026.
Laurel Tree's median of $1,556 psf over the trailing 12 months places its pricing above roughly 54% of District 23 condos; resale liquidity has been limited with 3 caveats lodged; the 4.4% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $710,000 | $1,534 psf | 463 sqft | 06 to 10 | Studio |
| Jul-25 | $720,000 | $1,556 psf | 463 sqft | 01 to 05 | Studio |
| Jul-25 | $745,000 | $1,610 psf | 463 sqft | 06 to 10 | Studio |
| Apr-25 | $690,000 | $1,491 psf | 463 sqft | 01 to 05 | Studio |
| Apr-24 | $713,000 | $1,540 psf | 463 sqft | 06 to 10 | Studio |
| Feb-24 | $745,000 | $1,610 psf | 463 sqft | 06 to 10 | Studio |
| Jan-24 | $840,000 | $963 psf | 872 sqft | 06 to 10 | 2BR |
| Jan-24 | $720,000 | $1,556 psf | 463 sqft | 01 to 05 | Studio |
Can I afford Laurel Tree?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $720,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.