Green Hill Estate Investment Analysis: Rental Yield and Growth
Green Hill Estate at Chestnut Crescent in District 23 offers investors a gross rental yield of 2.0-2.5% with 5-8% annual capital appreciation potential through 2026, driven by strong D23 demand and infrastructure upgrades.[2][5]
This cluster article dives deep into rental yields and growth prospects for this freehold landed enclave in Bukit Batok/Bukit Panjang, linking back to our comprehensive Green Hill Estate project analysis. Homejourney verifies all data for a safe, trusted investment decision-making process.
Rental Yield Breakdown: 2.0-2.5% Gross Returns
Green Hill Estate's rental yields range from 2.0-2.5% gross, calculated from recent URA-sourced transactions where monthly rents of S$7,000-S$12,000 align with sale prices of S$1,200-S$1,400 psf for semi-detached and detached units.[2]
For a typical 3,981 sqft semi-detached at Chestnut Crescent sold for S$5.4M (S$1,356 psf), rents average S$7,000-S$9,000 monthly, yielding ~2.1% gross (annual rent S$96,000 / S$5.4M).[2] Larger 9,000+ sqft detached homes at S$12M+ fetch S$12,500+ rents, maintaining 2.0-2.3% yields.[2]
| Unit Type | Size (sqft) | Avg Sale Price | Avg Monthly Rent | Gross Yield (%) |
|---|---|---|---|---|
| Semi-Detached | 3,000-4,000 | S$5.4M (S$1,356 psf) | S$7,000-S$9,000 | 2.1 |
| Detached | 9,000-11,000 | S$12M-S$15M (S$1,300 psf) | S$12,000-S$14,000 | 2.0-2.3 |
| Terrace/Smaller | 2,000-3,000 | S$4M-S$6M | S$7,250-S$8,000 | 2.3-2.5 |
*Yields gross; deduct 20% for maintenance/agent fees for ~1.6-2.0% net. Data from 2024-2026 URA transactions via Homejourney verification.[2] Insider tip: Rents peak 10-15% higher during school intake seasons near Bukit Panjang primaries.
Capital Growth Potential: 5-8% Annual Appreciation
Green Hill Estate properties have appreciated 5-8% annually from 2024-2026, outpacing D23 condos at 4-6%, fueled by Bukit Panjang MRT expansions and Hillview community growth.[5][6]
Recent sales show psf rising from S$1,067 (Feb 2024 detached) to S$1,356 (Jun 2023 semi-D), signaling upward momentum.[2] Total returns could hit 7-10% combining yield and growth for 3+ year holds, ideal for family-oriented investors.
Actionable steps for evaluation:
- Review historical psf trends on Homejourney's Green Hill Estate analysis.
- Model scenarios with our mortgage calculator – e.g., S$5M purchase at 3.5% rates yields S$18K monthly with 2% net income.
- Factor ABSD: 17% for second properties; foreigners 60% – consult agents via Homejourney agents.
Rental Demand Drivers in D23
High demand from expat families and professionals stems from proximity to Bukit Batok MRT (10-min drive), PIE expressway, and schools like Bukit Panjang Primary (1.5km).[5] Vacancy rates under 5%, with quick 2-4 week leasing for well-maintained units.
Compare to nearby D23 condos (1.8-2.2% yields): Green Hill's freehold landed status commands premium rents S$2.50-S$4.00 psf vs. condo S$4-6 psf, but offers prestige and space.[2] Future uplift from Bukit Panjang LRT extensions boosts long-term growth.
Browse available units at Green Hill Estate on Homejourney – all listings verified for safety.
Investment Pros, Cons, and Suitability
- Pros: Freehold tenure ensures perpetual value; low vacancy; 2%+ yields beat Singapore non-landed average (1.5-2%); D23 growth from infrastructure.[5]
- Cons: Higher entry (S$4M+); maintenance costs 15-20% of rent; less liquidity than condos.
Best for long-term investors (5+ years) seeking stable income + appreciation. Not ideal for short flips due to landed market cycles. Always seek professional advice; prices fluctuate per URA data.
Related reads: Green Hill Estate Price Trends & Market Analysis 2026 | Homejourney ">Green Hill Estate Price Trends 2026 | Green Hill Estate Amenities: Schools, Shopping, Transport | Homejourney ">Amenities Guide.
Actionable Investment Framework
1. Assess Yield: Rent / Price >2% target? Use Homejourney tools.
2. Project Growth: Check URA caveats for D23 psf uplift.
3. Financing: 25% downpayment; explore bank rates.
4. Verify Units: Search listings and contact agents.
5. Post-Purchase: Plan maintenance via Aircon Services ">Homejourney services.
Homejourney prioritizes your safety with verified data and transparent insights.
FAQ
What is the rental yield for Green Hill Estate?
2.0-2.5% gross for semi-detached/detached, based on 2024-2026 URA data (e.g., S$7K rent on S$5M unit).[2]
Is Green Hill Estate a good investment in 2026?
Yes, with 5-8% growth + 2% yield, outperforming D23 condos for patient investors.[5][6]
How much to rent a 3,000 sqft unit at Chestnut Crescent?
S$7,000-S$12,000 monthly, or S$2.33-S$4.00 psf, per recent leases.[2]
What drives growth in Green Hill Estate?
D23 infrastructure like MRT/LRT expansions and school proximity.[5]
Where to find Green Hill Estate sale listings?
Homejourney search – verified only.
Ready to invest? View full Green Hill Estate analysis and start your secure journey with Homejourney today.









