Chestnut Ville
Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), Chestnut Ville is a 999-year leasehold condominium in the Outside Central Region (OCR). Completed in 1984, the development comprises 41 units, on a lease that commenced in 1882. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
CHESTNUT VILLE
Over the 12 months to Jul 2022, Chestnut Ville recorded 3 rental contracts at a median $6,200/mo. Source: URA caveat data, as of Jul 2022.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-22 | $2,475,000 | $1,191 psf | 2,077 sqft | - | 5BR |
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.