999-yearOCRDistrict 23 (Bukit Panjang)

Chestnut Ville

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2022 (URA)
Quick Summary

Chestnut Ville is a 999-year condominium in District 23 (Bukit Panjang) that obtained TOP in 1984, with 45 units across 41 blocks. Across 47 transactions on record, units have recently transacted around S$1.80M (S$988 psf, ~2,024 sqft). There is 1 unit for sale from S$6.20M to S$6.20M. The lease has approximately 855 years remaining.

Key facts about Chestnut Ville
Tenure999-year leasehold from 1882 (≈855 years left)
TOP year1984
DeveloperLUM CHANG DEVELOPMENT PTE LTD
Units45 in 41 blocks
District and areaDistrict 23 · Bukit Panjang · OCR
Nearest MRTHillview MRT, 638 m (~10 min walk)
Latest median psfS$988 psf, last 12 URA caveats to Jul 2022
1

What's for sale and for rent at Chestnut Ville?

Key Takeaway

Chestnut Ville has 1 unit listed for sale, asking S$6.20M to S$6.20M, and 0 units for rent.

For sale

1 listing

S$6.20M – S$6.20M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
4-bedroom1S$6.20M–S$6.20M

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

2

What are the floor plans and unit sizes at Chestnut Ville?

Key Takeaway

Floor plans for Chestnut Ville aren't in PropKaki's library yet. Across 47 URA caveats, units range from 1,259 sqft to 2,637 sqft, and the middle half are 1,658 sqft to 2,077 sqft.

Unit typeSizes listed for saleAsking from
4-bedroom2,230 sqftS$6.20M

Check the Floor Plan Finder for Chestnut Ville →

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

3

What is the price and PSF at Chestnut Ville?

Key Takeaway

Units have recently transacted around S$1.80M (S$988 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.80M

recent · 47 sales on record

Median PSF

S$988 psf

recent transactions

Median rent (monthly)

S$3,299

81 rentals on record

Gross rental yield

2.2%

indicative, gross

Source: URA caveat data, through Jul 2022.

4

What has recently sold at Chestnut Ville?

Key Takeaway

Chestnut Ville has 47 recorded sales; the most recent transacted at S$2,475,000 in Jul 2022 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2022S$2,475,0002,077S$1,191 psf
Mar 2021S$2,688,8882,637S$1,020 psf
Dec 2020S$1,600,0001,658S$965 psf
Sept 2020S$2,000,0002,024S$988 psf
Aug 2019S$1,638,0001,658S$988 psf
May 2019S$1,658,0001,658S$1,000 psf
Sept 2018S$2,150,0002,077S$1,035 psf
Feb 2018S$1,600,1001,658S$965 psf
May 2017S$1,800,0002,077S$866 psf
Aug 2015S$2,180,0002,637S$827 psf
Oct 2014S$2,100,0002,077S$1,011 psf
Nov 2013S$1,532,0001,658S$924 psf

47 sales and 81 rentals on record since Jun 1995. Source: URA.

5

Are prices at Chestnut Ville rising?

Key Takeaway

The median transacted PSF at Chestnut Ville has risen 224% over the past 16 years (20042020), from S$298 psf to S$965 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$965 psfS$1.60M2-2.3%
2019S$988 psfS$1.64M2+2.4%
2018S$965 psfS$1.60M2+6.6%
2013S$905 psfS$1.50M2+4.5%
2012S$866 psfS$1.80M3+12.5%
2011S$770 psfS$1.40M4+28.5%
2010S$599 psfS$1.03M2+44.0%
2007S$416 psfS$689k2+1.7%
2006S$409 psfS$850k2+37.2%
2004S$298 psfS$720k2

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

6

Is Chestnut Ville a good investment?

Key Takeaway

Of 18 units at Chestnut Ville that were bought and later resold (bought from 1995, resold up to 2022), 78% sold for more than they were bought for, with a median gain of 63% over a median 7.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

78%

of 18 resales here

Median gain

63%

gross, before costs

Median hold

7.9 years

bought to resold

Every unit at Chestnut Ville 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 Chestnut Ville and what's nearby?

Key Takeaway

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

Chestnut Ville is a 999-year condominium completed in 1984. It was developed by LUM CHANG DEVELOPMENT PTE LTD. The development has 45 residential units. It sits on a land area of 1,927 sqm.

CHESTNUT VILLE is located at 60A Dairy Farm Crescent, Singapore 678595. 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 Hillview MRT, approximately 638m away, around 10 minutes on foot. Nearby amenities include HillV2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Chestnut Dr Pg for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Clubhouse, Playground, 24 hours security, and Squash court.

8

How far is Chestnut Ville from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Chestnut Ville is Hillview MRT, about 638 m away (~10 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • Chij Our Lady Queen Of PeacePrimary schoolwithin 1 km · P1 priority332 m
  • Assumption English SchoolSecondary schoolwithin 1 km421 m
  • Assumption Pathway SchoolSecondary schoolwithin 1 km551 m
  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority711 m
  • Greenridge Secondary SchoolSecondary school1.2 km
  • Zhenghua Primary SchoolPrimary school1.4 km
  • Beacon Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: HillV2 · 855 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 855 mPark: Chestnut Dr Pg · 169 m

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

9

Who built Chestnut Ville and how big is the development?

Key Takeaway

Chestnut Ville was developed by LUM CHANG DEVELOPMENT PTE LTD, with 45 units.

Developer
LUM CHANG DEVELOPMENT PTE LTD
Blocks
41
Land area
1,927 sqm (20,742 sqft)
10

What facilities does Chestnut Ville have?

Key Takeaway

Chestnut Ville has 8 facilities, including Barbeque Area, Basement car park, Clubhouse, Playground, and more.

Barbeque AreaBasement car parkClubhousePlayground24 hours securitySquash courtSwimming poolWading pool
11

What does it cost to own a unit at Chestnut Ville?

Key Takeaway

Buying a unit at Chestnut Ville (~S$1.80M) needs about S$13,177/mo in income and S$6,062/mo in repayments, after S$59,600 stamp duty and a S$450k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.80M) 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$59,600

BSD, tiered

Downpayment (25%)

S$450k

cash + CPF

Monthly instalment

S$6,062/mo

30y @ 3.5%

Income required

S$13,177/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Chestnut Ville?

Key Takeaway

8,241 CEA-registered agents closed at least one recorded deal in District 23 — where Chestnut Ville 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 Chestnut Ville? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Chestnut Ville

Is Chestnut Ville freehold?

No. Chestnut Ville is on a 999-year lease that started in 1882, with about 855 years left.

How old is Chestnut Ville?

Chestnut Ville was completed (obtained TOP) in 1984, so it is about 42 years old.

Is Chestnut Ville a good investment?

Of 18 units at Chestnut Ville that were bought and later resold (bought from 1995, resold up to 2022), 78% sold for more than they were bought for, with a median gain of 63% over a median 7.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.

Is Chestnut Ville an EC?

No. Chestnut Ville is a private condominium, not an executive condominium (EC).

Who is the developer of Chestnut Ville?

Chestnut Ville was developed by LUM CHANG DEVELOPMENT PTE LTD.

What is the price of a condo at Chestnut Ville?

Units at Chestnut Ville have recently sold for around S$1.80M (S$988 psf), the median of the last 12 URA caveats to Jul 2022. The price depends on size, floor and facing. 1 unit is listed for sale from S$6.20M to S$6.20M.

Where is Chestnut Ville located?

Chestnut Ville is at 60A Dairy Farm Crescent, Singapore 678595, in Bukit Panjang (District 23). The nearest MRT station is Hillview MRT, about 638 m away.

How many units are there in Chestnut Ville?

Chestnut Ville has 45 units in 41 blocks.

How much do I need to earn to buy at Chestnut Ville?

For a unit around S$1.80M as a first home, you'd need roughly S$13,177/mo in income (assessed at the stress-test rate), with repayments near S$6,062/mo after a S$450k (25%) downpayment and S$59,600 Buyer's Stamp Duty.

Are prices at Chestnut Ville going up?

The median price per square foot at Chestnut Ville has risen about 224% between 2004 and 2020, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Chestnut Ville?

Chij Our Lady Queen Of Peace, Bukit Panjang Primary School are within 1 km of Chestnut Ville. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.