District 23 · CHESTNUT GARDENS
CHESTNUT GARDENS is a 999-year leasehold condominium in District 23, Singapore, completed in 1993 with 30 units. The average transacted price is $1,581/sqft based on 5 recorded transactions. Nearby MRT: CASHEW MRT STATION, HILLVIEW MRT STATION, PENDING LRT STATION.
AI-generated analysis based on available market data. Last updated 5 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-07 | CHESTNUT GARDENS | CHESTNUT GARDENS | 496.9 sqm (5349 sqft) | $7,800,000 | $1458/sqft | - | Semi-detached | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2023-04 | CHESTNUT GARDENS | CHESTNUT GARDENS | 277.4 sqm (2986 sqft) | $5,080,000 | $1701/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2022-10 | CHESTNUT GARDENS | CHESTNUT GARDENS | 180.8 sqm (1946 sqft) | $3,625,000 | $1863/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2022-04 | CHESTNUT GARDENS | CHESTNUT GARDENS | 187.6 sqm (2019 sqft) | $3,608,888 | $1787/sqft | - | Terrace | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2021-05 | CHESTNUT GARDENS | CHESTNUT GARDENS | 559.2 sqm (6019 sqft) | $6,600,000 | $1096/sqft | - | Semi-detached | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
The property is held under a 999-year leasehold tenure which commenced in 1882. This duration is significantly longer than standard 99-year leasehold properties in Singapore.
The median price for a property in this development is $5,080,000. This is based on five transactions recorded between 2021 and 2025.
Recent transactions show a PSF range between $1,096 and $1,863. The $1,096 PSF was recorded for a 6,019 sqft unit in May 2021, while the $1,863 PSF was for a 1,946 sqft unit in October 2022.
The highest transacted price in the provided data is $7,800,000, which occurred on 1 July 2025. This transaction involved a unit with a land area of 5,349 sqft, resulting in a PSF of $1,458.
Unit sizes vary significantly, with recorded land areas of 1,946 sqft, 2,019 sqft, 2,986 sqft, 5,349 sqft, and 6,019 sqft. This variety accommodates different space requirements for landed property buyers.
Transaction volume is low, with only five sales occurring over a four-year period from May 2021 to July 2025. This indicates that units in this District 23 project are not frequently traded on the secondary market.
Guides and analysis about CHESTNUT GARDENS

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