The Hilloft
Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), The Hilloft is a 999-year leasehold condominium in the Outside Central Region (OCR). Completed in 2011, the development comprises 14 units, on a lease that commenced in 1885. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
THE HILLOFT is a 999 yrs lease commencing from 1885 condominium at JALAN DERMAWAN in District 23 (OCR), developed by DB2 DEVELOPMENT PTE LTD, comprising 14 units, completed in 2011.
Location & Connectivity
THE HILLOFT is approximately 640m from Bukit Gombak MRT station, with 5 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Bukit Gombak | North-South Line | 640m |
| Hume | Downtown Line | 1.1 km |
| Hillview | Downtown Line | 1.2 km |
| Cashew | Downtown Line | 1.4 km |
| Bukit Batok | North-South Line | 1.4 km |
Schools & Education
3 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 710m |
| Princess Elizabeth Primary School | Primary | 730m |
| Huamin Primary School | Primary | 1.8 km |
Market Position
THE HILLOFT has recorded 9 sales at an average price of $3,080,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 4 | $497 psf | — |
| 2022 | 1 | $524 psf | ↑ 5.6% |
| 2023 | 2 | $580 psf | ↑ 10.5% |
| 2024 | 1 | $732 psf | ↑ 26.2% |
| 2026 | 1 | $783 psf | ↑ 6.9% |
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THE HILLOFT prices sit at a fresh series high after a 6.9% gain on the prior period, now 57.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 23 reads 125.7 as of June 2026 — up 2.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SOL ACRES | 99 yrs lease commencing from 2014 | $1,390 psf | 572 |
| MIDWOOD | 99 yrs lease commencing from 2018 | $1,737 psf | 546 |
| LUMINA GRAND | 99 yrs lease commencing from 2022 | $1,515 psf | 512 |
| DAIRY FARM RESIDENCES | 99 yrs lease commencing from 2018 | $1,661 psf | 459 |
| THE MYST | 99 yrs lease commencing from 2023 | $2,093 psf | 390 |
What Could Work Against You
- Only 1 transaction were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 14 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). Parking and arterial road access matter more here than walking-distance MRT.
For families with young children, sports / active lifestyle and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
THE HILLOFT is a 999 yrs lease commencing from 1885 development in District 23 (OCR), with 14 units, offering a gross yield of 2.9%.
At ~$783 psf, it represents a competitive entry point in the OCR segment.
Explore the full THE HILLOFT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE HILLOFT against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Batok — 4-room average $626,224 (560m away), an upgrader gap of about $2,450,000
- Choa Chu Kang — 4-room average $559,427 (1.9 km away), an upgrader gap of about $2,500,000
- Bukit Panjang — 4-room average $581,903 (1.9 km away), an upgrader gap of about $2,500,000
FAQ
What is the average PSF for THE HILLOFT?
Is THE HILLOFT freehold?
What is the rental yield for THE HILLOFT?
Which MRT is nearest to THE HILLOFT?
Sources & Next Steps
- THE HILLOFT Dashboard — Live charts and analytics
- URA — Official transaction data
- District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) — District 23 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 9 transactions
- Rental data: 6 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 9 records analysed · Source: URA private-sale caveats