District 23 · Bukit Timah · OCR
Tree House
Chestnut Avenue · Condominium · 99 yrs lease commencing from 2009 · 429 units
Current PSF
$1,519
+1.9% vs district median
Gross yield
3.2%
median rent $5,000/mo
3-year gain
4.2%
Transactions · 5y
100
13 in last 12 months
Nearest MRT
Beauty World Mrt Station · 492.182m
DTL
Future MRT
Turf City Mrt Station
CRL · 2032
Vs local HDB
+84% premium
HDB median $824 psf
Area income
$22,500/mo median
commercial zone
En-bloc potential26 / 100
12 years old · 429 units · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$1,172
2022
$1,254
+7%
2023
$1,458
+16.3%
2024
$1,509
+3.5%
2025
$1,535
+1.7%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,400/mo | $4.00 | 3.2% | 97 |
| 3BR | $4,800/mo | $3.84 | 3.0% | 97 |
| 4BR | $5,450/mo | $3.76 | 3.0% | 29 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Nov 2025 | $1,755,000 | 1,152 | $1,524 | 06-10 |
| Nov 2025 | $1,730,000 | 1,152 | $1,502 | 01-05 |
| Oct 2025 | $2,200,000 | 1,410 | $1,560 | 06-10 |
| Oct 2025 | $1,730,000 | 1,152 | $1,502 | 11-15 |
| Sept 2025 | $2,000,000 | 1,292 | $1,548 | 16-20 |
| Sept 2025 | $1,180,000 | 797 | $1,481 | 16-20 |
| Sept 2025 | $1,000,000 | 743 | $1,346 | 01-05 |
| Aug 2025 | $2,025,000 | 1,249 | $1,622 | 11-15 |
| Aug 2025 | $2,000,000 | 1,292 | $1,548 | 21-25 |
| Aug 2025 | $1,300,000 | 861 | $1,510 | 11-15 |
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