CHESTER PARK is a freehold development along LORONG SARHAD in District 5 (West Coast / Clementi), part of the RCR segment of Singapore's private residential market. The project comprises 22 units and is TOP 1991.
This profile draws on 3 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 5 (West Coast / Clementi), the immediate context for CHESTER PARK 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 3 sales and 7 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHESTER PARK dashboard.
- Average sale price: $4,776,667 across 3 transactions
- Estimated gross rental yield: 1.5%
- District 5 PSF ranking: Above average (top 26%)
- Freehold tenure · RCR · D5 · 22 units
About CHESTER PARK
CHESTER PARK is a freehold condominium, located at LORONG SARHAD in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), developed by CITY DEVELOPMENTS LTD, comprising 22 residential units, completed in 1991.
As a freehold property, CHESTER PARK does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at CHESTER PARK:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 2 | $2,138 psf | $3,815,000 |
| 5+ BR | 1 | $1,219 psf | $6,700,000 |
Sales Market Overview
CHESTER PARK has recorded 3 sale transactions with an average transaction price of $4,776,667, ranging from $3,430,000 to $6,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 1 | $1,929 psf | $3,430,000 | — |
| 2025 | 2 | $1,783 psf | $5,450,000 | ↓ 7.6% |
CHESTER PARK ranks in the top 26% of condos in District 5 by average PSF.
Compared to the RCR average of $2,047 psf, CHESTER PARK trades 10.5% below the segment benchmark.
Loading chart data...
Rental Market Overview
CHESTER PARK has recorded 7 rental transactions with monthly rents averaging $6,021/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 7 | $6,021/mo | $4,400/mo | $7,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $4,600/mo |
| 2022 | 1 | $5,250/mo |
| 2023 | 2 | $6,750/mo |
| 2025 | 2 | $7,100/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, CHESTER PARK delivers an estimated gross rental yield of 1.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,842 psf | 5979 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1413 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,888 psf | 1396 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,556 psf | 399 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows CHESTER PARK (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHESTER PARK
- Pasir Panjang MRT
- Haw Par Villa MRT
- Kent Ridge MRT
- Dulwich College (Singapore)
- Alexandra Primary School
- Queenstown Primary School
Nearby MRT Stations
CHESTER PARK is 660m from Pasir Panjang MRT (Circle Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Pasir Panjang | CC26 | Circle Line | 660m |
| Haw Par Villa | CC25 | Circle Line | 700m |
| Kent Ridge | CC24 | Circle Line | 1.4 km |
Nearby Schools
There are 3 schools within 2 km of CHESTER PARK.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.2 km |
| Alexandra Primary School | Primary | 1.8 km |
| Queenstown 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. Pasir Panjang is about 0.66km — 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.
Boutique character. With 22 units, CHESTER PARK keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Dulwich College (Singapore) sits about 1.21km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 3 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
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.
[
{
"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: CHESTER PARK 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. 3 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 CHESTER PARK?
What is the rental yield for CHESTER PARK?
Is CHESTER PARK freehold or leasehold?
How far is the nearest MRT from CHESTER PARK?
What is the tenure of CHESTER PARK?
How does CHESTER PARK compare to other projects in the district?
What stamp duty applies for a foreign buyer of CHESTER PARK?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions analysed
- Rental data: 7 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 CHESTER PARK
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.