District 23 · CASHEW TERRACE
CASHEW ESTATE is a 999-year leasehold condominium in District 23, Singapore, completed in 2008 with 78 units. The average transacted price is $1,535/sqft based on 7 recorded transactions. Nearby MRT: CASHEW MRT STATION, PETIR LRT STATION, BUKIT PANJANG LRT STATION.
AI-generated analysis based on available market data. Last updated 3 April 2026. This content is for informational purposes only and should not be considered financial advice.
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| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-08 | CASHEW ESTATE | CASHEW TERRACE | 199 sqm (2142 sqft) | $4,550,000 | $2124/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2024-07 | CASHEW ESTATE | CASHEW TERRACE | 198 sqm (2131 sqft) | $3,900,000 | $1830/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2024-03 | CASHEW ESTATE | CASHEW TERRACE | 188.6 sqm (2030 sqft) | $3,880,000 | $1911/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2023-09 | CASHEW ESTATE | CASHEW TERRACE | 447.4 sqm (4816 sqft) | $5,850,000 | $1215/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2022-05 | CASHEW ESTATE | CASHEW TERRACE | 333.8 sqm (3593 sqft) | $4,000,000 | $1113/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2021-07 | CASHEW ESTATE | CASHEW TERRACE | 425.6 sqm (4581 sqft) | $4,850,000 | $1059/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2020-09 | CASHEW ESTATE | CASHEW TERRACE | 228.5 sqm (2460 sqft) | $3,680,000 | $1496/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
The property holds a 999-year leasehold tenure that commenced in 1882. This long-term lease provides a level of asset security comparable to freehold status for property owners in District 23.
Recent transactions between 2022 and 2025 show prices ranging from $3,880,000 for a 2,030 sqft unit to $5,850,000 for a 4,816 sqft unit. The median price for the estate is currently recorded at $4,000,000.
PSF prices have increased from $1,113 in May 2022 to $2,124 in August 2025. This represents a significant increase in the entry price per square foot over a three-year period.
Recorded transactions show land sizes ranging from 2,030 sqft to 4,816 sqft. Larger plots command higher total quantum prices, such as the $5,850,000 sale recorded in September 2023.
Transaction volume is low with only 7 total transactions recorded in the dataset. Between 2022 and 2025, there were typically only one or two sales per year, indicating that these properties are infrequently traded.
The median PSF is $1,496.208 based on the provided data. However, transactions in 2024 and 2025 show that the market has moved toward a higher range between $1,830 psf and $2,124 psf.
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