We track 6 sales and 6 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CASHEW ESTATE dashboard.
- Average sale price: $4,505,000 across 6 transactions
- Estimated gross rental yield: 1.6%
- District 23 PSF ranking: Premium tier (top 25%)
- 999 yrs lease commencing from 1882 · OCR · D23
About CASHEW ESTATE
CASHEW ESTATE is a 999 yrs lease commencing from 1882 condominium, located at CASHEW TERRACE in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) (Outside Central Region), completed in 2023.
With approximately 96 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Sales Market Overview
CASHEW ESTATE has recorded 6 sale transactions with an average transaction price of $4,505,000, ranging from $3,880,000 to $5,850,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,059 psf | $4,850,000 | — |
| 2022 | 1 | $1,113 psf | $4,000,000 | ↑ 5.2% |
| 2023 | 1 | $1,215 psf | $5,850,000 | ↑ 9.1% |
| 2024 | 2 | $1,871 psf | $3,890,000 | ↑ 54.0% |
| 2025 | 1 | $2,124 psf | $4,550,000 | ↑ 13.6% |
CASHEW ESTATE ranks in the top 25% of condos in District 23 by average PSF.
Compared to the OCR average of $1,550 psf, CASHEW ESTATE trades 0.5% below the segment benchmark.
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Rental Market Overview
CASHEW ESTATE has recorded 6 rental transactions with monthly rents averaging $5,920/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 6 | $5,920/mo | $5,000/mo | $8,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 1 | $5,000/mo |
| 2023 | 2 | $5,500/mo |
| 2024 | 2 | $5,759/mo |
| 2025 | 1 | $8,000/mo |
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Investment Analysis
Based on average rents and sale prices, CASHEW ESTATE delivers an estimated gross rental yield of 1.6%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 23
Side-by-side comparison against the most actively traded condos in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SOL ACRES | 99 yrs lease commencing from 2014 | 1327 | $1,385 psf | 555 |
| MIDWOOD | 99 yrs lease commencing from 2018 | 564 | $1,732 psf | 532 |
| LUMINA GRAND | 99 yrs lease commencing from 2022 | 512 | $1,515 psf | 512 |
| DAIRY FARM RESIDENCES | 99 yrs lease commencing from 2018 | 460 | $1,659 psf | 452 |
| THE BOTANY AT DAIRY FARM | 99 yrs lease commencing from 2022 | 386 | $2,053 psf | 388 |
Location Map
Map shows CASHEW ESTATE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CASHEW ESTATE
- Cashew MRT
- Pending MRT
- Petir MRT
- Bukit Panjang MRT
- Bukit Panjang MRT
- Pei Hwa Presbyterian Primary School
- Springdale Primary School
- Fajar Secondary School
Nearby MRT Stations
CASHEW ESTATE is 300m from Cashew MRT (Downtown Line), with 10 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Cashew | DT2 | Downtown Line | 300m |
| Pending | BP8 | Bukit Panjang LRT | 740m |
| Petir | BP7 | Bukit Panjang LRT | 750m |
| Bukit Panjang | DT1 | Downtown Line | 870m |
| Bukit Panjang | BP6 | Bukit Panjang LRT | 870m |
| Hillview | DT3 | Downtown Line | 980m |
| Bangkit | BP9 | Bukit Panjang LRT | 1.2 km |
| Ten Mile Junction | BP14 | Bukit Panjang LRT | 1.2 km |
Nearby Schools
There are 11 schools within 2 km of CASHEW ESTATE, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Pei Hwa Presbyterian Primary School | Primary | 620m |
| Springdale Primary School | Primary | 1.2 km |
| Fajar Secondary School | Secondary | 1.2 km |
| Bukit Panjang Government High School | Secondary | 1.2 km |
| Bukit Panjang Primary School | Primary | 1.3 km |
| Xishan Primary School | Primary | 1.4 km |
| Greenridge Secondary School | Secondary | 1.5 km |
| West Spring Secondary School | Secondary | 1.7 km |
| West Spring Primary School | Primary | 1.8 km |
| Unity Primary School | Primary | 1.8 km |
| Zhenghua Primary School | Primary | 1.8 km |
FAQ
What is the average price for CASHEW ESTATE?
What is the rental yield for CASHEW ESTATE?
Is CASHEW ESTATE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 6 transactions analysed
- Rental data: 6 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CASHEW ESTATE
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