Chestervale

D23 (OCR) 99 yrs lease commencing from 1997

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.

Private SPI 132.1 +7.96% MoM · +3.05% YoY July 2026
71/100
ShiokNest Score
Excellent
Total Units396
TOP Year1997

CHESTERVALE

Total Units396
TOP Year1997
DeveloperST CHESTERVALE PTE LTD
Tenure99 yrs lease commencing from 1997
DistrictD23 · OCR
Median PSF · 12m$1,000 psf
Median price · 12m$1,336,000
Median Rent · 12m$4,200/mo
Gross Yield3.6%

Over the 12 months to Jul 2026, Chestervale recorded 5 resale transactions at a median $1,000 psf (median price $1,336,000), and 6 rental contracts at a median $4,200/mo, a gross rental yield of 3.6%. Source: URA caveat data, as of Jul 2026.

Chestervale's median of $1,000 psf over the trailing 12 months places its pricing below roughly 93% 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.

Recent transactions
Date Price PSF Size (sqft) Floor Type
Jul-26 $1,336,000 $933 psf 1,432 sqft 01 to 05 4BR
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

Can I afford Chestervale?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,336,000.

7.1
ShiokNest Score

En-Bloc Potential

43/100

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.

Master Plan zoning: RESIDENTIAL, permissible plot ratio 2.8 · Model an en-bloc scenario with this plot ratio The permissible ratio above is carried over; the current built ratio is not published, so the calculator starts from a generic figure you should replace. Source: URA Master Plan 2019 via data.gov.sg, Open Data Licence.

Neighbourhood Score

100/100

Investment Score

60/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals