District 23 · Bukit Panjang · OCR
Cashew Estate
Cashew Terrace · Terrace · 999 yrs lease commencing from 1882
Current PSF
$1,685
+11.5% vs district median
Gross yield
1.8%
median rent $5,700/mo
3-year gain
2.5%
Transactions · 5y
7
2 in last 12 months
Nearest MRT
Bukit Panjang Mrt Station · 958.235m
DTL
Future MRT
Choa Chu Kang West Mrt Station
JRL · 2028
Vs local HDB
-
Area income
$8,500/mo median
residential zone
En-bloc potential56 / 100
144 years old · composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
37%
PSF dispersion within project
The neighbourhood
P1 ring
Bukit Panjang Primary School 498m · Phase 2C 1.3× balloted · Chij Our Lady Queen Of Peace 577m · Phase 2C 0.7× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 488m
Food
Bukit Panjang Hawker Centre · 1.0km
Green
Cashew Rd Pg · 119m - 8 parks within 1km
Mall
Hillion Mall · 826m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 1.4km
Who lives in Bukit Panjang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
138,270
Median age
40 yrs
50% under 40 · getting older
Children 0–9
13,340
▼ 11% since 2015 · future P1 demand
Household size
3.4 avg
Homes
84% HDB
14% condo · 2% landed
Degree holders
29%
residents 15+
Commute
57% transit
23% drive
45 min+ to work
38%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,059
2022
$1,113
+5.1%
2023
$1,215
+9.2%
2024
$1,871
+54%
2025
$2,124
+13.5%
2026
$1,245
-41.4%
Recent transactions URA, latest 7
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| May 2026 | $6,180,000 | 4,964 | $1,245 | - |
| Aug 2025 | $4,550,000 | 2,142 | $2,124 | - |
| Jul 2024 | $3,900,000 | 2,131 | $1,830 | - |
| Mar 2024 | $3,880,000 | 2,030 | $1,911 | - |
| Sept 2023 | $5,850,000 | 4,816 | $1,215 | - |
| May 2022 | $4,000,000 | 3,593 | $1,113 | - |
| Jul 2021 | $4,850,000 | 4,581 | $1,059 | - |
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More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Cashew Estate actually sell for - this project trades at 2.8× the nearest block’s PSF.