District 23 · Bukit Panjang · OCR
Chestnut Gardens
Chestnut Gardens · Terrace · 999 yrs lease commencing from 1882
Current PSF
$0
-100.0% vs district median
Gross yield
-
median rent $8,500/mo
3-year gain
0.0%
Transactions · 5y
4
0 in last 12 months
Nearest MRT
Hillview Mrt Station · 756.501m
DTL
Future MRT
Choa Chu Kang West Mrt Station
JRL · 2028
Vs local HDB
-
Area income
$8,500/mo median
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
-
PSF dispersion within project
The neighbourhood
P1 ring
Chij Our Lady Queen Of Peace 313m · Phase 2C 0.7× · Bukit Panjang Primary School 496m · Phase 2C 1.3× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 902m
Food
Bukit Panjang Hawker Centre · 1.0km
Green
Chestnut Dr Pg · 156m - 8 parks within 1km
Mall
Dairy Farm Mall · 792m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 1.8km
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
$1,096
2022
$1,825
+66.5%
2023
$1,701
-6.8%
2025
$1,458
-14.3%
Recent transactions URA, latest 5
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2025 | $7,800,000 | 5,349 | $1,458 | - |
| Apr 2023 | $5,080,000 | 2,986 | $1,701 | - |
| Oct 2022 | $3,625,000 | 1,946 | $1,863 | - |
| Apr 2022 | $3,608,888 | 2,019 | $1,787 | - |
| May 2021 | $6,600,000 | 6,019 | $1,096 | - |
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More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Chestnut Gardens actually sell for - this project trades at 0.0× the nearest block’s PSF.