Hazel Park Terrace
Hazel Park Terrace is a 999-year leasehold terrace house located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). The development was completed in 1998 and comprises 80 units, on a lease that commenced in 1882. Sale and rental figures on this page are compiled from URA transaction records.
HAZEL PARK TERRACE
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.