Chestervale
Chestervale is a 99-year leasehold executive condominium located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). The development was completed in 1997 and comprises 396 units, on a lease that commenced in 1997. Sale and rental figures on this page are compiled from URA transaction records.
CHESTERVALE
Over the 12 months to Mar 2026, Chestervale recorded 5 resale transactions at a median $1,040 psf (median price $1,410,000), and 5 rental contracts at a median $4,200/mo, a gross rental yield of 3.6%. Source: URA caveat data, as of Mar 2026.
Chestervale's median of $1,040 psf over the trailing 12 months places its pricing below roughly 95% of District 23 condos; resale liquidity has been moderate with 5 caveats lodged; the 3.6% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Mar-26 | $1,240,000 | $985 psf | 1,259 sqft | 06 to 10 | 3BR |
| Jan-26 | $1,310,000 | $1,040 psf | 1,259 sqft | 06 to 10 | 3BR |
| Sep-25 | $1,520,000 | $1,086 psf | 1,399 sqft | 06 to 10 | 4BR |
| Aug-25 | $1,410,000 | $1,000 psf | 1,410 sqft | 06 to 10 | 4BR |
| Jul-25 | $1,518,888 | $1,077 psf | 1,410 sqft | 11 to 15 | 4BR |
| Jun-25 | $1,250,000 | $993 psf | 1,259 sqft | 06 to 10 | 3BR |
| Jun-25 | $1,300,000 | $1,032 psf | 1,259 sqft | 11 to 15 | 3BR |
| May-25 | $1,380,000 | $964 psf | 1,432 sqft | 01 to 05 | 4BR |
Can I afford Chestervale?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,410,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.