District 23 · Bukit Panjang · OCR
Cashew Heights Condominium
Cashew Road · Condominium · 999 yrs lease commencing from 1882
Current PSF
$1,659
+9.8% vs district median
Gross yield
2.2%
median rent $4,300/mo
3-year gain
12.0%
Transactions · 5y
41
5 in last 12 months
Nearest MRT
Bukit Panjang Mrt Station · 943.922m
DTL
Future MRT
Choa Chu Kang West Mrt Station
JRL · 2028
Vs local HDB
+187% premium
HDB median $578 psf
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
+7.4%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Bukit Panjang Primary School 155m · Phase 2C 1.3× balloted · Zhenghua Primary School 665m · Phase 2C 0.8× · Chij Our Lady Queen Of Peace 783m · Phase 2C 0.7× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 498m
Food
Bukit Panjang Hawker Centre · 661m
Green
Cashew Rd Interim Pk · 143m - 8 parks within 1km
Mall
Hillion Mall · 783m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 1.3km
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%
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,617 psf - 6% above units on floors 1–5 ($1,528 psf).
Price trend average PSF by year
2021
$1,299
2022
$1,411
+8.6%
2023
$1,461
+3.5%
2024
$1,538
+5.3%
2025
$1,641
+6.7%
2026
$1,637
-0.2%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $4,200/mo | $2.55 | 1.8% | 296 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $2,100,000 | 1,227 | $1,711 | 01-05 |
| May 2026 | $2,533,000 | 1,658 | $1,528 | 01-05 |
| Mar 2026 | $2,770,000 | 1,658 | $1,671 | 11-15 |
| Dec 2025 | $2,680,000 | 1,658 | $1,617 | 11-15 |
| Sept 2025 | $2,190,000 | 1,238 | $1,769 | 11-15 |
| Jun 2025 | $2,550,000 | 1,658 | $1,538 | 01-05 |
| Dec 2024 | $2,468,880 | 1,658 | $1,489 | 06-10 |
| Oct 2024 | $2,480,000 | 1,647 | $1,506 | 06-10 |
| Sept 2024 | $2,488,000 | 1,658 | $1,501 | 11-15 |
| Jul 2024 | $2,050,000 | 1,227 | $1,671 | 11-15 |
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More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Cashew Heights Condominium actually sell for - this project trades at 2.9× the nearest block’s PSF.