Homejourney's comprehensive pillar guide to buying Cashew Estate for sale – exclusive insights, price analysis, and verified listings for District 23 buyers and investors.
Executive Summary
Cashew Estate, a premium 999-year leasehold landed development on Cashew Terrace in Singapore's District 23, offers exclusive terrace houses ideal for families and investors seeking D23 properties with strong appreciation potential. Completed around 2008 with just 78 units, this low-density enclave combines serene living with excellent connectivity near Cashew MRT. Recent transactions show prices from $3.88M to $4.55M at $1,830-$2,124 psf, reflecting robust demand in Bukit Panjang and Bukit Batok areas[1][2].
Homejourney verifies all listings for user safety and trust, providing transparent data so you can confidently explore available units for sale. Whether you're a first-time buyer eyeing a Singapore condo for sale alternative in landed form or an investor analyzing property investment yields, this guide covers everything from financing to location perks.
1. Property Overview
Cashew Estate is a boutique landed development featuring terrace houses on Cashew Terrace, postcode 679540, in the heart of District 23 (Bukit Panjang, Bukit Batok, Choa Chu Kang). Unlike typical high-rise Singapore condo for sale options, this 999-year leasehold project from circa 2008 boasts only 78 units, ensuring privacy and exclusivity[1][2].
With over 856 years of lease remaining (commencing 1882), it offers near-freehold security for long-term property investment. Facilities include covered parking, 24-hour security, and green spaces, fostering a family-friendly vibe. Homejourney positions this as a top pick for upgraders from HDB seeking Cashew Terrace landed homes with modern comforts[2].
Developer details are not specified, but the project's low-density design emphasizes quality living amid nature, close to Bukit Panjang Park. Insider tip: Units here rarely resurface, making current Cashew Estate for sale listings highly sought-after.
Key Project Specifications
| Attribute | Details |
|---|---|
| Project Name | Cashew Estate |
| Address | Cashew Terrace, 679540 |
| Type | Terrace Houses (Landed) |
| Tenure | 999-year Leasehold (856 yrs left) |
| District | 23 (OCR) |
| Total Units | 78 |
| Completion | 2008 |
Browse all verified units: View Cashew Estate for sale on Homejourney
2. Available Units for Sale
Current available units at Cashew Estate for sale focus on spacious terrace houses, typically 3-5 bedrooms ranging 2,030-4,816 sqft (land and built-up). Popular sizes hover around 2,100-2,400 sqft, perfect for families. Homejourney's verified listings ensure transparency – no hidden fees or unverified sellers[2].
Expect price range of $3.8M-$4.6M based on 2024-2025 resales, with psf $1,800-$2,100. Limited supply means units move fast; check Homejourney for real-time availability. Most popular: Mid-sized terraces with renovations for immediate occupancy.
Recent Unit Types & Sizes
- 3-4 Bedroom Terraces: ~2,030-2,142 sqft ($3.88M-$4.55M)
- Larger 5+ Bedroom: ~3,593-4,816 sqft ($4M-$5.85M)
- Corner Units: Premium pricing, extra land (~4,225+ sqft in similar D23)
Disclaimer: Prices are indicative from URA-linked data; actual listings vary. View latest on Homejourney.
Browse available units for sale at Cashew Estate | See detailed transaction history
3. Why Buy at Cashew Estate
Buyers choose Cashew Estate for its rare blend of landed exclusivity and urban access in Bukit Panjang. Low-density (78 units) means quiet streets, ample greenery, and facilities like secure parking – ideal for families upgrading from condos[1].
Lifestyle perks: Proximity to parks for weekend jogs, plus condo-like security without strata fees. Investors love the buy condo alternative with better yields in OCR District 23. Homejourney buyers report high satisfaction due to verified agents and transparent processes.
Unique features: Long lease, renovation flexibility, and strong community feel. Insider tip: Corner units offer side gardens – perfect for pets or home offices.
4. Price Analysis for Buyers
Cashew Estate for sale prices have appreciated steadily: From $1,059 psf (2021) to $2,124 psf (2025), a ~100% rise[2]. Current median ~$1,950 psf outperforms nearby condos like Cashew Heights (~$1,500-$1,800 psf est.).
Vs. D23 benchmarks: Bukit Batok terraces average $1,700 psf; Cashew's premium location justifies 15-20% uplift. Historical data shows 8-12% annual growth post-2020, driven by MRT upgrades[2].
Recent Transactions Table (Homejourney Data)
| Date | Size (sqft) | Price | PSF |
|---|---|---|---|
| 2025-08 | 2,142 | $4.55M | $2,124 |
| 2024-07 | 2,131 | $3.9M | $1,830 |
| 2024-03 | 2,030 | $3.88M | $1,911 |
| 2023-09 | 4,816 | $5.85M | $1,215 |
Analysis: Smaller units yield higher psf; expect 5-8% growth in 2026 amid D23 demand. Explore full price trends on Homejourney.
5. Location Advantages
Cashew Estate shines with MRT connectivity: 5-min walk to Cashew MRT (DT2), 10-min to Bukit Panjang (DT1/BP6). LRT at Petir (BP7), Pending, Bangkit nearby[1][7].
Schools: Proximity to South View Primary (1km), Assumption English (1.5km), and international options like German European School. Shopping: Bukit Panjang Plaza (supermarkets, eateries) – 800m walk.
Parks: Bukit Panjang Park, Bukit Batok Nature Park for recreation. D23 perks: Family-oriented with low crime, green spaces. First Point Suites Nearby Amenities & Lifestyle Guide | Homejourney ">See similar D23 lifestyle guides.
Amenities Snapshot
- MRT: Cashew (5 mins walk)
- Shopping: Bukit Panjang Plaza (10 mins)
- Parks: Bukit Panjang Park (adjacent)
- Schools: Within 1-2km phase
6. Financing Guide for Buyers
For a $4M terrace, expect 25% downpayment ($1M), with loans up to 75% LTV for PRs. Monthly: ~$12,000-$15,000 at 3-4% rates (est. 2026). Use CPF for downpayment/stamp duties.
ABSD: 0% first-time Singaporean buyers; 17% investors. Check eligibility. Homejourney simplifies with tools: Calculate affordability now. Link to Bank Rates for latest rates. Non-landed Housing Development Home Loan & Financing Guide D08 | Homejourney ">Related financing insights.
Sample Monthly Payments (4BR, $4.2M)
| Loan Amount | Interest (3.5%) | Tenure 25yrs |
|---|---|---|
| $3.15M (75% LTV) | ~$14,200 | $14,200/mo |
Estimates only; consult banks.
7. Buying Process
- Search & Shortlist: Use Homejourney's property search.
- View & Offer: Schedule via Homejourney agents.
- Option Fee: $1,000-$10,000, 14-21 days due diligence.
- Financing & Sold: Submit docs (IC, income proof); lawyer handles conveyancing (2-3 months).
- Completion: Pay balance, collect keys.
Homejourney verifies sellers for safety. Post-purchase: Aircon Services for maintenance.
8. Investment Potential
Rental yields: 2.5-3.5% est. ($10k-15k/mo for 4BR), high tenant demand from professionals near MRT. Capital growth: 10%+ pa historically, boosted by D23 infrastructure[2].
Future upside: Nearby developments enhance value. Strong vs. condos due to landed scarcity. Non-landed Housing Development Rental Yield Analysis D08 | Homejourney ">Yield analysis reference.
9. Frequently Asked Questions
What is the price range for Cashew Estate for sale?
$3.8M-$5M for terraces 2,000-4,800 sqft, $1,800-$2,100 psf[2].
Is Cashew Estate a condo or landed?
Landed terrace houses, not condo – offers more space/privacy[1].
How far is Cashew MRT from Cashew Estate?
5-minute walk to DT2 Cashew station[1].
What schools are near Cashew Terrace?
South View Primary, Bukit Panjang Sec – within 1-2km[4].
Can foreigners buy Cashew Estate properties?
Yes, as 999-yr leasehold landed in OCR; ABSD applies.
How to view units safely on Homejourney?
Book verified viewings via agents page – we prioritize your security.
Ready to buy? Start with Cashew Estate listings, calculate via mortgage tools, or contact agents. Homejourney ensures a safe, transparent journey every step.
