District 23 · JALAN PAKIS
CHESTNUT VILLE is a 999-year leasehold condominium in District 23, Singapore, completed in 1984 with 45 units. The average transacted price is $1,041/sqft based on 4 recorded transactions. Nearby MRT: HILLVIEW MRT STATION, CASHEW MRT STATION, PENDING LRT STATION.
AI-generated analysis based on available market data. Last updated 25 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022-07 | CHESTNUT VILLE | JALAN PAKIS | 193 sqm (2077 sqft) | $2,475,000 | $1191/sqft | - | Condominium | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2021-03 | CHESTNUT VILLE | JALAN PAKIS | 245 sqm (2637 sqft) | $2,688,888 | $1020/sqft | - | Condominium | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2020-12 | CHESTNUT VILLE | JALAN PAKIS | 154 sqm (1658 sqft) | $1,600,000 | $965/sqft | - | Condominium | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
| 2020-09 | CHESTNUT VILLE | JALAN PAKIS | 188 sqm (2024 sqft) | $2,000,000 | $988/sqft | - | Condominium | OCR | 23 | 999 yrs lease commencing from 1882 (855 yrs remaining) |
The property is a 999-year leasehold condominium with the lease commencing from 1882. This tenure provides significantly more long-term stability compared to standard 99-year leasehold developments in Singapore.
The median price per square foot is $1,003.974, with a recorded range between $965 and $1,191. The most recent transaction in July 2022 reached the high end of this range at $1,191 psf.
Recent transactions involve units ranging from 1,658 sqft to 2,637 sqft. The largest unit in the current data set was a 2,637 sqft apartment sold for $2,688,888 in March 2021.
Prices have trended upwards from $965 psf in December 2020 to $1,191 psf in July 2022. This indicates a growth in the transacted unit rates over the two-year period analyzed.
There are 4 recorded transactions in the provided data set spanning from September 2020 to July 2022. This suggests a low turnover rate for units within the development.
Chestnut Ville is situated in District 23, covering the Bukit Batok and Bukit Panjang areas. The median transaction price for units in this project is $2,237,500.
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