99-yearOCRDistrict 23 (Bukit Panjang)

Tree House

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

Tree House is a 99-year condominium in District 23 (Bukit Panjang) that obtained TOP in 2013, with 429 units. Across 722 transactions on record, units have recently transacted around S$1.75M (S$1,524 psf, ~1,152 sqft). There are 73 units for sale from S$1.17M to S$2.55M. The lease has approximately 82 years remaining.

Key facts about Tree House
Tenure99-year leasehold from 2009 (≈82 years left)
TOP year2013
DeveloperCHESTNUT AVENUE DEVELOPMENTS PTE LTD
Units429
District and areaDistrict 23 · Bukit Panjang · OCR
Nearest MRTPending LRT, 913 m (~14 min walk)
Latest median psfS$1,524 psf, last 12 URA caveats to May 2026
1

What's for sale and for rent at Tree House?

Key Takeaway

Tree House has 73 units listed for sale, asking S$1.17M to S$2.55M (median S$1,563 psf), and 4 units for rent at a median of S$3,700 a month.

For sale

73 listings

S$1.17M – S$2.55M

For rent

4 listings

S$3,600 – S$5,000 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom24S$1.17M–S$1.59MS$1,506 psf
3-bedroom31S$1.42M–S$2.30MS$1,563 psf
4-bedroom18S$2.09M–S$2.55MS$1,634 psf

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

2

What are the floor plans and unit sizes at Tree House?

Key Takeaway

Floor plans for Tree House aren't in PropKaki's library yet. Across 722 URA caveats, units range from 743 sqft to 2,917 sqft, and the middle half are 947 sqft to 1,249 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom743 sqft to 1,098 sqftS$1.17M · S$1,506 psf
3-bedroom947 sqft to 1,636 sqftS$1.42M · S$1,563 psf
4-bedroom1,249 sqft to 1,636 sqftS$2.09M · S$1,634 psf

Check the Floor Plan Finder for Tree House →

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

3

What is the price and PSF at Tree House?

Key Takeaway

Units have recently transacted around S$1.75M (S$1,524 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$1.75M

recent · 722 sales on record

Median PSF

S$1,524 psf

recent transactions

Median rent (monthly)

S$2,906

812 rentals on record

Gross rental yield

2.0%

indicative, gross

Units currently for sale are asking a median of S$1,563 psf — about 3% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

4

What has recently sold at Tree House?

Key Takeaway

Tree House has 722 recorded sales; the most recent transacted at S$1,850,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,850,0001,152S$1,606 psf
May 2026S$1,800,0001,152S$1,563 psf
Apr 2026S$2,028,0001,227S$1,653 psf
Nov 2025S$1,730,0001,152S$1,502 psf
Nov 2025S$1,755,0001,152S$1,524 psf
Oct 2025S$2,200,0001,410S$1,560 psf
Oct 2025S$1,730,0001,152S$1,502 psf
Sept 2025S$1,000,000743S$1,346 psf
Sept 2025S$2,000,0001,292S$1,548 psf
Sept 2025S$1,180,000797S$1,481 psf
Aug 2025S$1,300,000861S$1,510 psf
Aug 2025S$2,000,0001,292S$1,548 psf

722 sales and 812 rentals on record since Apr 2010. Source: URA.

5

Are prices at Tree House rising?

Key Takeaway

The median transacted PSF at Tree House has risen 59% over the past 9 years (20172026), from S$1,007 psf to S$1,606 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,606 psfS$1.85M3+4.8%
2025S$1,532 psfS$1.78M18+1.1%
2024S$1,516 psfS$1.86M17+2.7%
2023S$1,476 psfS$1.60M18+16.9%
2022S$1,263 psfS$1.60M19+7.9%
2021S$1,171 psfS$1.35M34+7.2%
2020S$1,092 psfS$1.31M11+1.3%
2019S$1,078 psfS$1.28M23+3.8%
2018S$1,039 psfS$1.27M32+3.2%
2017S$1,007 psfS$1.18M18

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

6

Is Tree House a good investment?

Key Takeaway

Of 309 units at Tree House that were bought and later resold (bought from 2010, resold up to 2026), 96% sold for more than they were bought for, with a median gain of 28% over a median 5.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 3% 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

96%

of 309 resales here

Median gain

28%

gross, before costs

Median hold

5.8 years

bought to resold

Every unit at Tree House 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 Tree House and what's nearby?

Key Takeaway

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

Tree House is a 99-year condominium completed in 2013. It was developed by CHESTNUT AVENUE DEVELOPMENTS PTE LTD. The development has 429 residential units. It sits on a land area of 22,700 sqm and has a gross floor area of 47,671 sqm. The plot ratio is 2.1.

TREE HOUSE is located at 62 Chestnut Avenue, Singapore 679517. 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 Pending LRT, approximately 913m away, around 14 minutes on foot. Nearby amenities include HillV2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Bukit Panjang Hawker Centre & Market for food options, and Zhenghua Nature Park for greenery and recreation. Facilities in the development include Amphitheatre, Car Park, Covered car park, Children's Playground, Clubhouse, and Community Garden.

8

How far is Tree House from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Tree House is Pending LRT, about 913 m away (~14 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority939 m
  • Chij Our Lady Queen Of PeacePrimary school1.2 km
  • Assumption English SchoolSecondary school1.2 km
  • Assumption Pathway SchoolSecondary school1.3 km
  • Zhenghua Primary SchoolPrimary school1.3 km
  • Beacon Primary SchoolPrimary school1.6 km
  • Greenridge Secondary SchoolSecondary school1.6 km

Shops, food & parks

Mall: HillV2 · 1.7 kmSupermarket: NTUC Fairprice Co-operative Ltd · 950 mHawker centre: Bukit Panjang Hawker Centre & Market · 950 mPark: Zhenghua Nature Park · 320 m

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

9

Who built Tree House and how big is the development?

Key Takeaway

Tree House was developed by CHESTNUT AVENUE DEVELOPMENTS PTE LTD, designed by ADDP ARCHITECTS, with 429 units.

Developer
CHESTNUT AVENUE DEVELOPMENTS PTE LTD
Architect
ADDP ARCHITECTS
Main contractor
TIONG SENG CONTRACTORS (PRIVATE) LIMITED
Land area
22,700 sqm (244,341 sqft)
Gross floor area
47,671 sqm (513,126 sqft)
Plot ratio
2.10
10

What facilities does Tree House have?

Key Takeaway

Tree House has 23 facilities, including Amphitheatre, Car Park, Covered car park, Children's Playground, and more.

AmphitheatreCar ParkCovered car parkChildren's PlaygroundClubhouseCommunity GardenDrop Off PointFitness cornerFun poolGymnasium roomJogging trackMulti-purpose hallPavillionPool DeckPlaygroundPrecinct PavilionReflexology Path24 hours securitySky LoungeSpa poolSwimming poolTennis courtsWading pool
11

What does it cost to own a unit at Tree House?

Key Takeaway

Buying a unit at Tree House (~S$1.75M) needs about S$12,847/mo in income and S$5,911/mo in repayments, after S$57,350 stamp duty and a S$439k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.75M) 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$57,350

BSD, tiered

Downpayment (25%)

S$439k

cash + CPF

Monthly instalment

S$5,911/mo

30y @ 3.5%

Income required

S$12,847/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Tree House?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Tree House

Is Tree House freehold?

No. Tree House is on a 99-year lease that started in 2009, with about 82 years left.

How old is Tree House?

Tree House was completed (obtained TOP) in 2013, so it is about 13 years old.

Is Tree House a good investment?

Of 309 units at Tree House that were bought and later resold (bought from 2010, resold up to 2026), 96% sold for more than they were bought for, with a median gain of 28% over a median 5.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 3% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Tree House an EC?

No. Tree House is a private condominium, not an executive condominium (EC).

Who is the developer of Tree House?

Tree House was developed by CHESTNUT AVENUE DEVELOPMENTS PTE LTD.

What is the price of a condo at Tree House?

Units at Tree House have recently sold for around S$1.75M (S$1,524 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 73 units are listed for sale from S$1.17M to S$2.55M.

Where is Tree House located?

Tree House is at 62 Chestnut Avenue, Singapore 679517, in Bukit Panjang (District 23). The nearest MRT station is Pending LRT, about 913 m away.

How many units are there in Tree House?

Tree House has 429 units.

How much do I need to earn to buy at Tree House?

For a unit around S$1.75M as a first home, you'd need roughly S$12,847/mo in income (assessed at the stress-test rate), with repayments near S$5,911/mo after a S$439k (25%) downpayment and S$57,350 Buyer's Stamp Duty.

Are prices at Tree House going up?

The median price per square foot at Tree House has risen about 59% 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 Tree House?

Bukit Panjang Primary School is within 1 km of Tree House. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.