Chestervale

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
  0
 3
 0

Sale Price *

Average
S$ 913 psf
Range
S$ 851 - 1,012 psf

Rental Price **

Average
S$ 2.8 psf pm
Range
S$ 2.3 - 3.5 psf pm

Rental Yield **

3.6%

Rental income expressed as a percentage of the property's value.

Amenities

3.1
3.1

Convenience

4.5
4.5

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Chestervale is a leasehold (99 yrs from 1997) executive condominium completed in 1999. The development occupies a land area of 21,893 sqm and a Gross Floor Area of 61,342 sqm. It consists of 396 units. According to records, buyers of this development are Singaporean 87.3%, PR 9.8%, Foreigner 2.1%, Company 0.0%.

CHESTERVALE is located along Bangkit Road in Bukit Panjang, in District 23. It is accessible through the nearest MRTs including Bukit Panjang DT1 and Cashew DT2.

Based on transaction data in the last 12 months, sale prices range from S$ 851 psf to S$ 1,012 psf at an average of S$ 913 psf. Its highest recorded transaction was S$ 1,032 psf in Dec 2022 for a 1,259-sqft unit. Its lowest recorded transaction was S$ 234 psf in Jul 2005 for a 1,432-sqft unit. Its current rental yield is at 3.6%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, HAO MART PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: FAJAR SHOPPING CENTRE.

Buyers and tenants are attracted to District 23, which covers Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang. Choa Chu Kang's name was derived from "kangchu", which refers to plantation owners in Teochew. Originally a kampung, the town has evolved into a modern neighbourhood with strong public transport links and two shopping malls. One of which is Lot One Shoppers’ Mall, a mall located next to the Choa Chu Kang MRT station offering various retail and dining options. Walking along Choa Chu Kang Park, visitors can also still see old fruit tree plantations. Bukit Batok is home to many natural landmarks, such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill and Little Guilin, which bears a resemblance of Guilin in China, offering a view of towering granite rock sitting within a lake. The main shopping mall is West Mall, which has a public library, post office and cinema within its compounds.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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What they say
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Write a review
5
"Great place if you like quiet and cooling environment. On one side the nature reserve, making temperatures cooler than other places. On the other side, shaded access to cheap hawker food and 4 coffee shops for a wide variety of hawker food. Alot of small shops that sell fruits and vegetables at great prices too. If you drive, quick access to BKE without any traffic lights. Downside is that no MRT, and you have to take an LRT 3 stations to reach the blue line MRT."
T**
Owner     |   10 Jun 2023
4
"I visited this place when there was a heavy storm and it was quite difficult to locate and the security measures are very tight and there is not enough place for visitors parking so if you are visiting remember...."
R***** R***********
Google Review     |   05 May 2022
3
"Convenient location. But poorly managed condominium."
M******* I****
Google Review     |   26 Oct 2021
4
"Nice condo"
T*** F*** L**
Google Review     |   12 May 2021
1
"Put table at guard house for your food delivery. Easier for everyone."
I** O*
Google Review     |   24 Mar 2021
5
"Beautiful condominium. Not that luxurious and in perfect location. But its simple and I love it. Feels like living in the resort. Residents are friendly and I love living here "
Y* F** N********
Google Review     |   04 Oct 2020
Live Here? Tell us more
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
31
1
1

CHESTERVALE - 31 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of CHESTERVALE (Limited to 10)

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Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of CHESTERVALE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of CHESTERVALE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$1,490,000

    • 3 beds
    • 3 baths
    • Condominium
    • D23
    • 1999
    • 99 years
    • S$ 1,030 psf
    • Bangkit Road
    Ivan Chong
    send_enquiry
    thumb-images
    10
    $1,380,000

      • 3 beds
      • 3 baths
      • Condominium
      • D23
      • 1999
      • 99 years
      • S$ 1,100 psf
      • Bangkit Road
      Alex Tan
      send_enquiry

      View More
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