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Flame Tree Park

Sin Ming Avenue · District 20 · Rest of Central Region (RCR) · Freehold

Flame Tree Park is a condominium development in District 20 (RCR). Based on 19 URA-recorded transactions from 20212026, its median price is $3,200,000, with prices moving about 6.9%/yr.

The verdict · for an investor

Flame Tree Park · Condominium · District 20 · Freehold

On balance, Flame Tree Park points up.

Strong track record — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 11 min on foot; 3 supermarkets, 1 food & retail spot nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 5-bed +39.6% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • Its recent +6.9%/yr rode a hot cycle — don't bank on that pace repeating.
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $3.35M, not an easy first step.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

no rent record yet

Priced vs nearby

Above 3 of 5

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,820/sqft
6 sold here

What 1,593 sqft (5-bed) units go for here

$2.73Mmiddle ~$2.90M$3.07M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,593 sqft sales

Jun 20261,593 sqft · fl 16-20$3.35M$2,103 psf
May 20251,593 sqft · fl 26-30$2.98M$1,871 psf
Feb 20241,593 sqft · fl 06-10$2.90M$1,820 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$4.34 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.9% gross yield
Middlingtypical for prime Singapore. The rent offsets some cost, but the returns ride on price growth, not yield. At a typical 75% loan, the rent covers ~68% of the mortgage — you’d top up ~$3,250/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$2.90M

Aim at the middle or below. A patient buyer has been getting closer to $2.80M.

If you’re selling

~$3.03M

List at the top of fair; realistic close is $2.90M–$2.93M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$5.65M
Paper gain+$2.75M

Our blunt read: ~$2.75M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~6.9%/yr), and past pace never promises the future.

Built from URA transactions for Flame Tree Park — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Flame Tree Park

Rest of Central Region (RCR) · District 20 · ~$2,036 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Flame Tree Park, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$2,036 psf, Flame Tree Park is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus its peers. Its own prices are still climbing (~6.9%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Flame Tree Park)

Supports prices

Flame Tree Park's own prices are still climbing — about +12% in the latest year of sales.

Your area vs the rest

About neutral

The city fringe (RCR) sits in the middle of the three areas on long-run growth.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,268 units, from 2030).

1.3k units
New launches selling

Supports prices

New launches in this district are selling well — 2 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers) — a small drag on the city fringe.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,036 psf is ~7% below similar nearby projects (~$2,192). about right

(The whole city fringe average is ~$1,830 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Flame Tree Park has grown ~6.9%/yr over ~5 years. Similar nearby: Jadescape 3.7%, Sky Vue 4.4%, Braddell View 2.5%, Thomson Three 4.6%, The Gardens At Bishan 7.8% — a 2.57.8%/yr spread (most around 4.4%).

market ~4.6%
Flame 6.9%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~6.9%/yr, ~$2,659/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~6.9%/yr pace.
Best case:if it ran like its best neighbour (The Gardens At Bishan, ~7.8%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$3,200,000

2021–2026 (URA)

Appreciation

6.9%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Flame Tree Park median price per sqft, by year

2021$1,458 psf
2022$1,663 psf+14.1%
2023$1,730 psf+4%
2024$1,801 psf+4.1%
2025$1,817 psf+0.9%
2026$2,036 psf+12.1%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Flame Tree Park fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Flame Tree Park

Questions people ask about Flame Tree Park

Is Flame Tree Park freehold or leasehold?

Flame Tree Park is a freehold development in District 20 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Flame Tree Park cost per square foot?

Recent transactions at Flame Tree Park are around $2,036 psf. Across its record, transacted prices range from $2,550,000 to $3,475,000.

Which primary schools are near Flame Tree Park?

Within 1 km (top Primary 1 priority): Ai Tong School (0.45 km). Within 1–2 km: Ang Mo Kio Primary School, Chij St. Nicholas Girls' School, Catholic High School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Flame Tree Park?

The nearest MRT is Bright Hill MRT, about 500 m away (straight-line).

Has Flame Tree Park gone up in value?

Across 19 URA-recorded transactions (2021–2026), prices at Flame Tree Park have moved about 6.9% a year on average. That is a past record, not a forecast.

What condos are comparable to Flame Tree Park?

Within a short walk: Thomson Impressions, Thomson Three, Thomson Grand, The Gardens At Bishan, Bishan Park Condominium. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Flame Tree Park a good buy?

Flame Tree Park sits in Rest of Central Region (RCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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