CHIP HOCK GARDENS is a freehold development along FARRER ROAD in District 10 (Bukit Timah / Holland), part of the CCR segment of Singapore's private residential market. The project comprises a compact unit count and is an established secondary-market project.
This profile draws on 8 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 10 (Bukit Timah / Holland), the immediate context for CHIP HOCK GARDENS 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 8 sales and 21 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHIP HOCK GARDENS dashboard.
- Average sale price: $13,071,875 across 8 transactions
- Estimated gross rental yield: 1.0%
- District 10 PSF ranking: Above average (top 28%)
- Freehold tenure · CCR · D10
About CHIP HOCK GARDENS
CHIP HOCK GARDENS is a freehold condominium, located at FARRER ROAD in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region).
As a freehold property, CHIP HOCK GARDENS does not face lease decay concerns.
Sales Market Overview
CHIP HOCK GARDENS has recorded 8 sale transactions with an average transaction price of $13,071,875, ranging from $6,550,000 to $22,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 1 | $2,039 psf | $18,900,000 | — |
| 2023 | 2 | $2,818 psf | $14,500,000 | ↑ 38.2% |
| 2024 | 4 | $2,364 psf | $8,668,750 | ↓ 16.1% |
| 2026 | 1 | $2,037 psf | $22,000,000 | ↓ 13.9% |
CHIP HOCK GARDENS ranks in the top 28% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, CHIP HOCK GARDENS trades 2.1% below the segment benchmark.
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Rental Market Overview
CHIP HOCK GARDENS has recorded 21 rental transactions with monthly rents averaging $11,064/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 21 | $11,064/mo | $5,000/mo | $25,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $6,500/mo |
| 2022 | 5 | $8,840/mo |
| 2023 | 2 | $17,500/mo |
| 2024 | 3 | $9,067/mo |
| 2025 | 8 | $13,306/mo |
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Investment Analysis
Based on average rents and sale prices, CHIP HOCK GARDENS delivers an estimated gross rental yield of 1.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 10
Side-by-side comparison against the most actively traded condos in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 666 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | 638 | $2,785 psf | 570 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,858 psf | 433 |
| HYLL ON HOLLAND | Freehold | 319 | $2,648 psf | 327 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 476 | $2,465 psf | 296 |
Location Map
Map shows CHIP HOCK GARDENS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHIP HOCK GARDENS
- Botanic Gardens MRT
- Botanic Gardens MRT
- Farrer Road MRT
- Tan Kah Kee MRT
- German European School Singapore
- Raffles Girls'
- Nanyang Girls'
Nearby MRT Stations
CHIP HOCK GARDENS is 400m from Botanic Gardens MRT (Circle Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Botanic Gardens | CC19 | Circle Line | 400m |
| Botanic Gardens | DT9 | Downtown Line | 400m |
| Farrer Road | CC20 | Circle Line | 630m |
| Tan Kah Kee | DT8 | Downtown Line | 860m |
Nearby Schools
There are 13 schools within 2 km of CHIP HOCK GARDENS, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| German European School Singapore | International | 270m |
| Raffles Girls' Primary School | Primary | 330m |
| Nanyang Girls' High School | Secondary | 870m |
| National Junior College | Secondary | 980m |
| National Junior College | Jc | 980m |
| Nanyang Primary School | Primary | 1.0 km |
| Hollandse School | International | 1.2 km |
| Chatsworth International School (Bukit Timah) | International | 1.3 km |
| Lycee Francais de Singapour | International | 1.5 km |
| Methodist Girls' School (Primary) | Primary | 1.5 km |
| Swiss School Singapore | International | 1.6 km |
| Methodist Girls' School | Secondary | 1.7 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.
Genuine walk-to-MRT access. Botanic Gardens sits about 0.40km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
School-belt proximity. German European School Singapore sits about 0.27km 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 8 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.
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": "green",
"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: CHIP HOCK GARDENS hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 8 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. 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 CHIP HOCK GARDENS?
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Is CHIP HOCK GARDENS freehold or leasehold?
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What is the tenure of CHIP HOCK GARDENS?
How does CHIP HOCK GARDENS compare to other projects in the district?
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 8 transactions analysed
- Rental data: 21 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 CHIP HOCK GARDENS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.