District 23 · Bukit Panjang · OCR
Hazel Park Condominium
Hazel Park Terrace · Condominium · 999 yrs lease commencing from 1882
Current PSF
$1,719
+13.8% vs district median
Gross yield
2.2%
median rent $3,950/mo
3-year gain
3.7%
Transactions · 5y
79
13 in last 12 months
Nearest MRT
Bukit Panjang Mrt Station · 808.923m
DTL
Future MRT
Choa Chu Kang West Mrt Station
JRL · 2028
Vs local HDB
+197% 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
-1.4%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
5%
PSF dispersion within project
The neighbourhood
P1 ring
Bukit Panjang Primary School 415m · Phase 2C 1.3× balloted · Chij Our Lady Queen Of Peace 749m · Phase 2C 0.7× · Zhenghua Primary School 824m · Phase 2C 0.8× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 330m
Food
Bukit Panjang Hawker Centre · 901m
Green
Cashew Rd Interim Pk · 270m - 8 parks within 1km
Mall
Hillion Mall · 664m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 1.2km
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
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,707 psf - 6% above units on floors 1–5 ($1,611 psf).
Price trend average PSF by year
2021
$1,278
2022
$1,408
+10.2%
2023
$1,662
+18%
2024
$1,641
-1.3%
2025
$1,658
+1%
2026
$1,723
+3.9%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,300/mo | $3.47 | 2.4% | 129 |
| 3BR | $4,000/mo | $2.96 | 2.1% | 174 |
| 4BR | $4,800/mo | $3.10 | 2.2% | 41 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $2,600,000 | 1,528 | $1,701 | 06-10 |
| May 2026 | $1,820,000 | 1,206 | $1,510 | 01-05 |
| Apr 2026 | $2,258,880 | 1,324 | $1,706 | 11-15 |
| Mar 2026 | $2,370,000 | 1,324 | $1,790 | 06-10 |
| Mar 2026 | $2,288,000 | 1,335 | $1,714 | 11-15 |
| Jan 2026 | $1,880,000 | 980 | $1,919 | 01-05 |
| Dec 2025 | $2,358,888 | 1,324 | $1,782 | 06-10 |
| Nov 2025 | $2,388,000 | 1,324 | $1,804 | 11-15 |
| Nov 2025 | $2,350,000 | 1,324 | $1,775 | 11-15 |
| Oct 2025 | $2,250,000 | 1,324 | $1,699 | 11-15 |
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More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Hazel Park Condominium actually sell for - this project trades at 2.8× the nearest block’s PSF.