CHANTILLY RISE is a freehold development along HILLVIEW AVENUE in District 23 (Bukit Panjang / Choa Chu Kang), part of the OCR segment of Singapore's private residential market. The project comprises 120 units and is TOP 1999.
This profile draws on 21 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 23 (Bukit Panjang / Choa Chu Kang), the immediate context for CHANTILLY RISE is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 21 sales and 89 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHANTILLY RISE dashboard.
- Average sale price: $1,773,484 across 21 transactions
- Estimated gross rental yield: 2.4%
- District 23 PSF ranking: Mid-range (top 57%)
- Freehold tenure · OCR · D23 · 120 units
About CHANTILLY RISE
CHANTILLY RISE is a freehold condominium, located at HILLVIEW AVENUE in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) (Outside Central Region), developed by CITY DEVELOPMENTS LTD, comprising 120 residential units, completed in 1999.
As a freehold property, CHANTILLY RISE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at CHANTILLY RISE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,315 psf | $835,000 |
| 2 BR | 4 | $1,327 psf | $1,257,000 |
| 3 BR | 5 | $1,328 psf | $1,636,800 |
| 4 BR | 11 | $1,362 psf | $2,108,743 |
Sales Market Overview
CHANTILLY RISE has recorded 21 sale transactions with an average transaction price of $1,773,484, ranging from $835,000 to $2,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,234 psf | $1,679,000 | — |
| 2022 | 5 | $1,301 psf | $1,466,600 | ↑ 5.4% |
| 2023 | 5 | $1,340 psf | $1,780,000 | ↑ 3.0% |
| 2024 | 5 | $1,322 psf | $1,858,434 | ↓ 1.3% |
| 2025 | 4 | $1,490 psf | $2,090,000 | ↑ 12.7% |
CHANTILLY RISE ranks in the top 57% of condos in District 23 by average PSF.
Compared to the OCR average of $1,550 psf, CHANTILLY RISE trades 13.2% below the segment benchmark.
Loading chart data...
Rental Market Overview
CHANTILLY RISE has recorded 89 rental transactions with monthly rents averaging $3,560/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 5 | $2,500/mo | $1,900/mo | $2,900/mo |
| 2 BR | 16 | $2,850/mo | $2,000/mo | $3,900/mo |
| 3 BR | 60 | $3,602/mo | $2,200/mo | $5,800/mo |
| 4 BR | 8 | $5,325/mo | $3,500/mo | $6,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 23 | $2,633/mo |
| 2022 | 23 | $3,698/mo |
| 2023 | 12 | $4,050/mo |
| 2024 | 14 | $3,879/mo |
| 2025 | 15 | $4,153/mo |
| 2026 | 2 | $3,000/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, CHANTILLY RISE delivers an estimated gross rental yield of 2.4%. 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 | $1,383 psf | 550 |
| MIDWOOD | 99 yrs lease commencing from 2018 | 564 | $1,731 psf | 528 |
| 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 CHANTILLY RISE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHANTILLY RISE
- Hillview MRT
- Hume MRT
- Cashew MRT
- Bukit Gombak MRT
- Bukit View Primary School
- Princess Elizabeth Primary School
- Pei Hwa Presbyterian Primary School
Nearby MRT Stations
CHANTILLY RISE is 620m from Hillview MRT (Downtown Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Hillview | DT3 | Downtown Line | 620m |
| Hume | DT4 | Downtown Line | 700m |
| Cashew | DT2 | Downtown Line | 1.1 km |
| Bukit Gombak | NS3 | North-South Line | 1.3 km |
Nearby Schools
There are 3 schools within 2 km of CHANTILLY RISE.
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 1.0 km |
| Princess Elizabeth Primary School | Primary | 1.4 km |
| Pei Hwa Presbyterian Primary School | Primary | 1.9 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Hillview is about 0.62km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
School-belt proximity. Bukit View Primary School sits about 1.01km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: CHANTILLY RISE combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 21 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for CHANTILLY RISE?
What is the rental yield for CHANTILLY RISE?
Is CHANTILLY RISE freehold or leasehold?
How far is the nearest MRT from CHANTILLY RISE?
What is the tenure of CHANTILLY RISE?
How does CHANTILLY RISE compare to other projects in the district?
What stamp duty applies for a foreign buyer of CHANTILLY RISE?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 21 transactions analysed
- Rental data: 89 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 CHANTILLY RISE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.