99-yearOCRDistrict 23 (Bukit Panjang)

Chestervale

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Chestervale is a 99-year executive condominium in District 23 (Bukit Panjang) that obtained TOP in 1999, with 396 units across 7 blocks. Across 734 transactions on record, units have recently transacted around S$1.34M (S$1,016 psf, ~1,399 sqft). There are 37 units for sale from S$1.30M to S$1.99M. The lease has approximately 70 years remaining.

Key facts about Chestervale
Tenure99-year leasehold from 1997 (≈70 years left)
TOP year1999
DeveloperST CHESTERVALE PTE LTD
Units396 in 7 blocks
District and areaDistrict 23 · Bukit Panjang · OCR
Nearest MRTBangkit LRT, 261 m (~4 min walk)
Latest median psfS$1,016 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Chestervale?

Key Takeaway

Chestervale has 37 units listed for sale, asking S$1.30M to S$1.99M (median S$1,068 psf), and 34 units for rent at a median of S$1,100 a month.

For sale

37 listings

S$1.30M – S$1.99M

For rent

34 listings

S$500 – S$4,500 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom33S$1.30M–S$1.80MS$1,068 psf
4-bedroom4S$1.55M–S$1.99MS$1,257 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Chestervale?

Key Takeaway

Floor plans for Chestervale aren't in PropKaki's library yet. Across 734 URA caveats, units range from 1,259 sqft to 3,046 sqft, and the middle half are 1,399 sqft to 1,432 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,259 sqft to 1,582 sqftS$1.30M · S$1,068 psf
4-bedroom1,410 sqft to 1,582 sqftS$1.55M · S$1,257 psf

Check the Floor Plan Finder for Chestervale →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Chestervale?

Key Takeaway

Units have recently transacted around S$1.34M (S$1,016 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.34M

recent · 734 sales on record

Median PSF

S$1,016 psf

recent transactions

Median rent (monthly)

S$2,476

431 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$1,068 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Chestervale?

Key Takeaway

Chestervale has 734 recorded sales; the most recent transacted at S$1,510,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,510,0001,410S$1,071 psf
Jul 2026S$1,336,0001,432S$933 psf
Mar 2026S$1,240,0001,259S$985 psf
Jan 2026S$1,310,0001,259S$1,040 psf
Sept 2025S$1,520,0001,399S$1,086 psf
Aug 2025S$1,410,0001,410S$1,000 psf
Jul 2025S$1,518,8881,410S$1,077 psf
Jun 2025S$1,300,0001,259S$1,032 psf
Jun 2025S$1,250,0001,259S$993 psf
May 2025S$1,380,0001,432S$964 psf
Apr 2025S$1,280,0001,259S$1,016 psf
Mar 2025S$1,530,0001,410S$1,085 psf

734 sales and 431 rentals on record since Sept 1997. Source: URA.

5

Are prices at Chestervale rising?

Key Takeaway

The median transacted PSF at Chestervale has risen 63% over the past 9 years (20172026), from S$603 psf to S$985 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$985 psfS$1.31M4-4.6%
2025S$1,032 psfS$1.41M10+4.8%
2024S$985 psfS$1.25M8+11.2%
2023S$886 psfS$1.25M8+5.2%
2022S$842 psfS$1.20M19+20.5%
2021S$699 psfS$990k14+6.4%
2020S$657 psfS$890k14-0.3%
2019S$659 psfS$939k7+3.3%
2018S$638 psfS$875k19+5.8%
2017S$603 psfS$815k15

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Chestervale a good investment?

Key Takeaway

Of 340 units at Chestervale that were bought and later resold (bought from 1997, resold up to 2026), 79% sold for more than they were bought for, with a median gain of 27% over a median 10.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

79%

of 340 resales here

Median gain

27%

gross, before costs

Median hold

10.4 years

bought to resold

Every unit at Chestervale with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Chestervale and what's nearby?

Key Takeaway

Chestervale is located in Bukit Panjang, in the West Region of Singapore.

Chestervale is a 99-year executive condominium completed in 1999. It was developed by ST CHESTERVALE PTE LTD. The development has 396 residential units. It sits on a land area of 21,893 sqm and has a gross floor area of 61,342 sqm. The plot ratio is 2.8.

CHESTERVALE is located at 37 Bangkit Road, Singapore 679973. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, Bukit Panjang. The project falls within the West Region and the OCR market segment.

The nearest rail connection is Bangkit LRT, approximately 260m away, around 4 minutes on foot. Nearby amenities include Bukit Panjang Plaza for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Bukit Panjang Hawker Centre & Market for food options, and Chestnut Nature Park for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Clubhouse, Game room, Gymnasium room, and Jogging track.

8

How far is Chestervale from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Chestervale is Bangkit LRT, about 261 m away (~4 min walk). 3 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Beacon Primary SchoolPrimary schoolwithin 1 km · P1 priority568 m
  • Zhenghua Primary SchoolPrimary schoolwithin 1 km · P1 priority607 m
  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority842 m
  • Greenridge Primary SchoolPrimary school1.1 km
  • Greenridge Secondary SchoolSecondary school1.3 km
  • Assumption Pathway SchoolSecondary school1.4 km
  • Zhenghua Secondary SchoolSecondary school1.5 km
  • Assumption English SchoolSecondary school1.5 km

Shops, food & parks

Mall: Bukit Panjang Plaza · 1.2 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 193 mHawker centre: Bukit Panjang Hawker Centre & Market · 292 mPark: Chestnut Nature Park · 572 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Chestervale and how big is the development?

Key Takeaway

Chestervale was developed by ST CHESTERVALE PTE LTD, with 396 units over up to 19 storeys.

Developer
ST CHESTERVALE PTE LTD
Floors
19 storeys
Blocks
7
Land area
21,893 sqm (235,654 sqft)
Gross floor area
61,342 sqm (660,279 sqft)
Plot ratio
2.80
10

What facilities does Chestervale have?

Key Takeaway

Chestervale has 16 facilities, including Barbeque Area, Covered car park, Clubhouse, Game room, and more.

Barbeque AreaCovered car parkClubhouseGame roomGymnasium roomJogging trackKaraokeLaunderetteMulti-purpose hallPlaygroundReflexology PathSauna24 hours securitySwimming poolTennis courtsWading pool
11

What does it cost to own a unit at Chestervale?

Key Takeaway

Buying a unit at Chestervale (~S$1.34M) needs about S$9,780/mo in income and S$4,499/mo in repayments, after S$38,040 stamp duty and a S$334k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.34M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$38,040

BSD, tiered

Downpayment (25%)

S$334k

cash + CPF

Monthly instalment

S$4,499/mo

30y @ 3.5%

Income required

S$9,780/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Chestervale?

Key Takeaway

8,241 CEA-registered agents closed at least one recorded deal in District 23 — where Chestervale sits — in the last 12 months, across all property types.

Active agents · 12mo

8,241

District 23 · closed ≥1 deal

Deals on record

37,923

all-time · all property types

Source: CEA public transaction records, attributed to District 23 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Chestervale? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Chestervale's own transactions.

PropKaki
Is Chestervale a good buy, and what are units selling for?

Recent units at Chestervale sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Chestervale

Is Chestervale freehold?

No. Chestervale is on a 99-year lease that started in 1997, with about 70 years left.

How old is Chestervale?

Chestervale was completed (obtained TOP) in 1999, so it is about 27 years old.

Is Chestervale a good investment?

Of 340 units at Chestervale that were bought and later resold (bought from 1997, resold up to 2026), 79% sold for more than they were bought for, with a median gain of 27% over a median 10.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Chestervale an EC?

Yes. Chestervale is an executive condominium (EC).

Who is the developer of Chestervale?

Chestervale was developed by ST CHESTERVALE PTE LTD.

What is the price of a condo at Chestervale?

Units at Chestervale have recently sold for around S$1.34M (S$1,016 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 37 units are listed for sale from S$1.30M to S$1.99M.

Where is Chestervale located?

Chestervale is at 37 Bangkit Road, Singapore 679973, in Bukit Panjang (District 23). The nearest MRT station is Bangkit LRT, about 261 m away.

How many units are there in Chestervale?

Chestervale has 396 units in 7 blocks, up to 19 storeys high.

How much do I need to earn to buy at Chestervale?

For a unit around S$1.34M as a first home, you'd need roughly S$9,780/mo in income (assessed at the stress-test rate), with repayments near S$4,499/mo after a S$334k (25%) downpayment and S$38,040 Buyer's Stamp Duty.

Are prices at Chestervale going up?

The median price per square foot at Chestervale has risen about 63% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Chestervale?

Beacon Primary School, Zhenghua Primary School, Bukit Panjang Primary School are within 1 km of Chestervale. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.