Summit Ville

D23 (OCR)

Summit Ville is a condominium located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 23 can be compared on ShiokNest's district analytics pages.

~$990Avg PSF (12-month)
Total units
Category Ratings
Facilities
5.0
Unit size & layout
6.5
Value for money
6.5
Neighbourhood
7.0
MRT accessibility
7.5
Lease remaining
6.0

Overview & Key Facts

SUMMIT VILLE is a condominium at JALAN DERMAWAN in District 23 (OCR), developed by .

Developer
Tenure
Total units
TOP year
District
23 — OCR
Street
JALAN DERMAWAN

Location & Connectivity

SUMMIT VILLE is approximately 640m from Bukit Gombak MRT station, with 5 stations within 1.5 km.

MRT stations near SUMMIT VILLE
StationLineDistance
Bukit GombakNorth-South Line640m
HumeDowntown Line1.1 km
HillviewDowntown Line1.2 km
CashewDowntown Line1.4 km
Bukit BatokNorth-South Line1.5 km

Schools & Education

3 schools within 2 km (2 within 1 km priority zone).

Schools near SUMMIT VILLE
SchoolTypeDistance
Bukit View Primary SchoolPrimary740m
Princess Elizabeth Primary SchoolPrimary740m
Huamin Primary SchoolPrimary1.8 km

Market Position

SUMMIT VILLE has recorded 1 sale at an average price of $2,888,888.

SUMMIT VILLE sits at the 14th percentile of District 23 condo PSF.
$990 psf
Avg PSF (12mo)
$2,888,888
Avg Price
2.5%
Gross Yield
1
Total Sales

Neighbourhood Comparison

District 23 competitors
CondoTenureAvg PSFSales
SOL ACRES99 yrs lease commencing from 2014$1,390 psf572
MIDWOOD99 yrs lease commencing from 2018$1,737 psf546
LUMINA GRAND99 yrs lease commencing from 2022$1,515 psf512
DAIRY FARM RESIDENCES99 yrs lease commencing from 2018$1,661 psf459
THE MYST99 yrs lease commencing from 2023$2,093 psf390

What Could Work Against You

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

This is a strong match for families with young children, car-owning households and cbd walking distance. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For young couples (no kids), empty nesters / downsizers and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

yield-focused investors should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

SUMMIT VILLE is a development in District 23 (OCR), offering a gross yield of 2.5%.

At ~$990 psf, it represents a competitive entry point in the OCR segment.

Explore the full SUMMIT VILLE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing SUMMIT VILLE against staying public? These HDB towns sit within walking or short-drive distance:

  • Bukit Batok — 4-room average $626,224 (580m away), an upgrader gap of about $2,250,000
  • Choa Chu Kang — 4-room average $559,427 (1.9 km away), an upgrader gap of about $2,350,000
  • Bukit Panjang — 4-room average $581,903 (1.9 km away), an upgrader gap of about $2,300,000

FAQ

What is the average PSF for SUMMIT VILLE?
The 12-month average is approximately $990 psf.
Is SUMMIT VILLE freehold?
SUMMIT VILLE has a tenure.
What is the rental yield for SUMMIT VILLE?
The estimated gross yield is 2.5%.
Which MRT is nearest to SUMMIT VILLE?
The nearest is Bukit Gombak MRT at 640m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 1 transaction
  • Rental data: 7 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of July 2026

Latest recorded data point: Jul 2026 · 1 record analysed · Source: URA private-sale caveats