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.