Treasure Place
Treasure Place is a freehold condominium located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), part of the Rest of Central Region (RCR). The development comprises 54 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
TREASURE PLACE is a freehold condominium at LORONG SARHAD in District 5 (RCR), developed by , comprising 54 units.
Location & Connectivity
TREASURE PLACE is approximately 560m from Pasir Panjang MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Pasir Panjang | Circle Line | 560m |
| Haw Par Villa | Circle Line | 820m |
Schools & Education
3 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.3 km |
| Alexandra Primary School | Primary | 1.7 km |
| Queenstown Primary School | Primary | 1.9 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 2 | $1,421 psf | $1,890,000 |
| 4 BR | 4 | $1,355 psf | $1,889,500 |
| 5+ BR | 2 | $1,281 psf | $2,697,500 |
Market Position
TREASURE PLACE has recorded 8 sales at an average price of $2,091,625.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,227 psf | — |
| 2022 | 2 | $1,341 psf | ↑ 9.3% |
| 2023 | 2 | $1,428 psf | ↑ 6.5% |
| 2025 | 2 | $1,418 psf | ↓ 0.7% |
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TREASURE PLACE prices are holding within 0.7% of the 2023 peak, 15.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 5 reads 134.8 as of June 2026 — down 5.5% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,858 psf | 6241 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1433 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1428 |
| ELTA | 99 yrs lease commencing from 2024 | $2,557 psf | 413 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 384 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 54 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for international school families, tertiary student housing, long-term hold (10+ yr) and freehold / generational hold. Reasonable access to one or more international school clusters via car or school bus.
For car-owning households and quiet sanctuary seekers, it can work — but weigh the trade-offs before committing.
yield-focused investors and resort facilities should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
TREASURE PLACE is a freehold development in District 5 (RCR), with 54 units, offering a gross yield of 2.6%.
At ~$1,418 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full TREASURE PLACE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing TREASURE PLACE against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (1.6 km away), an upgrader gap of about $1,200,000
- Queenstown — 4-room average $1,002,705 (1.8 km away), an upgrader gap of about $1,100,000
FAQ
What is the average PSF for TREASURE PLACE?
Is TREASURE PLACE freehold?
What is the rental yield for TREASURE PLACE?
Which MRT is nearest to TREASURE PLACE?
Sources & Next Steps
- TREASURE PLACE Dashboard — Live charts and analytics
- URA — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 8 transactions
- Rental data: 55 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2025 · 8 records analysed · Source: URA private-sale caveats