Green Hill Estate Price Trends & Market Analysis 2026 | Homejourney
Green Hill Estate on Chestnut Crescent in District 23 shows steady price growth with average sale prices around S$13-14 million and PSF between S$1,342-1,448 in recent transactions as of early 2026.[1][2][6]
This cluster article dives into Green Hill Estate price trends and market analysis, building on our comprehensive Green Hill Estate project overview. Homejourney verifies all data for your safety, helping buyers and investors make confident decisions in Bukit Panjang's premium landed market.
Project Overview: Green Hill Estate Basics
Green Hill Estate is a prestigious freehold landed estate (999-year tenure) at 33 Chestnut Crescent, Singapore 679389, in District 23 (Bukit Batok/Bukit Panjang).[1][3]
TOP obtained in 2001, it features 148 blocks of detached, semi-detached, and terrace houses on elevated land, offering privacy and space in a serene Good Class Bungalow (GCB)-adjacent zoning.[1][3]
Unit sizes range from 1,000 sqft (smaller rentals) to over 15,000 sqft for expansive detached homes, ideal for families seeking landed luxury.[2][3]
Read our full project analysis on Homejourney for floor plans and unit mixes.
Current Price Trends in Green Hill Estate
As of February 2026, sale prices range from S$5.75M to S$23.7M, with an average of S$13-14.19M over the past 6-12 months.[1][2][6]
Recent transactions include:
- S$14.188M at S$1,258 psf for 11,279 sqft detached on Chestnut Close (Nov 2024).[2]
- S$12.68M at S$1,342 psf for 9,449 sqft detached on Chestnut Crescent (Jul 2024).[2]
- S$15.65M for 10,695 sqft on Chestnut Avenue (Apr 2025).[6]
PSF averages S$1,342-1,448, with premiums for larger plots near Chestnut Drive.[1][5][9] Homejourney's verified data shows a 16.2% premium over market median for prime listings at S$1,683 psf.[9]
Disclaimer: Prices fluctuate; consult URA for latest transactions and a Homejourney agent for personalized advice.
Historical Price Comparison
Over 2024-2026, PSF held steady around S$1,300-1,500, with larger homes (10,000+ sqft) commanding S$15M+ amid suburban demand.[2][6]
Sales volume remains low (niche luxury market), but values appreciated ~5-7% YoY, outperforming some D23 condos due to landed scarcity.[8]
Compare with nearby via Homejourney's projects directory.
Rental Market Analysis for Green Hill Estate
Average rents: S$6.58K-20K monthly, or S$1.45-5.50 psf.[1][2]
Recent rentals:
- S$7K for 2,500-3,000 sqft on Chestnut Drive (Mar 2025).[2]
- S$12.5K for 3,500-4,000 sqft on Chestnut Avenue (Oct 2024).[2]
- S$14K for 6,000-6,500 sqft (Aug 2024).[2]
Rental yields estimate 1.5-2.5% for investors, strong for GCB-zoned areas with expat demand from nearby international schools.[3]
Browse available rentals at Green Hill Estate listings on Homejourney.
Market Factors Driving Green Hill Estate Prices
District 23's appeal stems from connectivity: 5-10 min walk to Pending LRT (future expansions), Bukit Panjang MRT (DT/BP lines), and PIE/BKE expressways (15-20 min to CBD).[3]
Nearby amenities boost values: HillV2, Bukit Panjang Plaza (FairPrice Finest), Chesterville supermarkets; schools like Bukit Panjang Primary, Chestnut Drive Secondary; Bukit Timah Nature Reserve for recreation.[3]
2026 outlook: Balanced market with suburban strength per analysts, favoring landed assets amid rising completions elsewhere.[8] Future MRL upgrades and Hillion Mall expansions support 4-6% appreciation.
Investment Potential and Value Assessment
Pros: Rare 999-year tenure, low density, GCB prestige; strong rental from professionals (2-4% yields).[1][3]
Cons: Limited liquidity (few transactions), higher maintenance, Pending LRT still developing.[1][2]
Best for long-term holders valuing privacy over quick flips. Value-for-money for 5,000+ sqft homes vs. new D23 condos (higher PSF).[8]
Calculate affordability with Homejourney's mortgage calculator. For maintenance tips, see aircon services.
Actionable Steps for Buyers and Investors
- Verify listings: Use Homejourney search for verified units.
- Analyze trends: Check URA data against our project page.
- Financing: Compare rates via bank rates; aim for 20-30% downpayment on S$10M+ properties.
- Site visit: Insider tip - View from Chestnut Crescent evenings for traffic/ambience; locals note quiet weekends.
- Consult experts: Speak to a Homejourney agent for negotiations.
Relate to Green Hill Estate D23 guide for broader context.
FAQ: Green Hill Estate Price Trends
What is the average price PSF in Green Hill Estate 2026?
Average S$1,342-1,448 psf; larger homes up to S$1,683 psf premium.[1][5][9]
Are Green Hill Estate prices rising?
Yes, steady 5-7% YoY appreciation driven by scarcity and location.[2][6][8]
What are rental yields?
1.5-2.5%, with S$7K-14K monthly for mid-large units.[1][2]
Is it a good investment?
Strong for long-term; high entry but excellent for privacy-focused investors.[3][8]
How does it compare to D23 condos?
Lower PSF than new condos but superior space/privacy; check projects directory.
Homejourney prioritizes your trust with verified insights. Search Green Hill Estate units or view full analysis today for safe, informed decisions on Green Hill Estate price trends and market analysis.
References
- Singapore Property Market Analysis 1 (2026)
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 6 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 5 (2026)
- Singapore Property Market Analysis 9 (2026)
- Singapore Property Market Analysis 8 (2026)