District 23 Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang rent and sale trends

Name: D23 Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang rent and sale data
Creator: PropertySmartSG
License: https://www.ura.gov.sg/Corporate/terms-of-Use
Keywords: D23, Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang, Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang rent, Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang sale price, D23 property transactions

District market guide

Tracked data 26,286 rental and sale transactions across 106 projects

17,869 rentals 8,417 sales Latest records Jun 2026

D23 market read

Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang is one of the cleaner districts to compare because the data is deep: 17,869 rentals and 8,417 sales.

Use this page to understand the district first, then jump into specific project pages before you price a rent, offer or listing.

Typical rent$3,500per month
Typical sale$1,436,000$1,486 psf
Recent movementRent flatSale PSF -1.1% over last 3 months

D23 market direction

Fast answers for whether the district is getting more expensive, whether volume is moving, and where to look for stable rent or rising activity.

Market direction Mixed / steady

Is D23 getting more expensive?

Rent is flat over the last 3 months. Sale PSF is down 1.1% over the last 3 months. Read this as a district signal, then confirm with specific project pages.

Transaction activity -18.8%

Is volume rising?

Transaction volume is lighter. 2,002 records in the latest 6-month view versus 2,466 in the prior view.

Relative value 7.8% below

Could this district be undervalued?

D23 median sale PSF is below the nearby set (D21, D22, D24). That can be a value signal, but project mix and tenure still matter.

Stable rent projects

Projects with tighter recent monthly rent movement and enough rental depth to be useful.

Hillion Residences 3.4% spread · $2,900 median rent Laurel Tree 7.5% spread · $2,750 median rent The Tennery 8.3% spread · $3,000 median rent The Warren 9.0% spread · $3,850 median rent

Rising volume projects

Projects where the latest 6-month activity is materially higher than the prior 6-month view.

Cashew Villas/Cashew Hill/Cashew Garden +500.0% · 6 recent transactions Summit Ville +500.0% · 6 recent transactions Cashew Green +200.0% · 6 recent transactions Cashew Garden +100.0% · 6 recent transactions

Run D23 numbers

Use the typical D23 rent and sale price as a first pass, then move into project-specific pages before deciding.

All tools

Rental yield $3,500/mo Test gross and net yield against typical rent. Buy vs rent $1.4M Compare ownership cost against renting. Mortgage $1.4M Estimate monthly payment from the sale price. Stamp duty $1,486 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.

D23 project map

Explore the top 8 projects by transaction depth across rental and sale records.

Top 8 projects

1 Hillion Residences 2 The Hillier 3 Midwood 4 Le Quest 5 Sol Acres 6 Kingsford . Hillview Peak 7 The Tennery 8 Dairy Farm Residences

For renters

Start with the district rent band

$3,350 to $3,550

Rent momentum looks steady. Use this as the opening rent range, then tighten it with the exact project page, unit size and latest contracts.

Estimate only. Condition, furnishing, floor and view can move the real rent.

For buyers

Use PSF comps before chasing

$1,441 to $1,531 psf

Sale PSF is steady. Treat this as the first comparable range, then check nearby projects and recent transactions before making an offer.

Estimate only. URA records do not capture renovation quality, stack, view or urgency.

For sellers and landlords

Price close to recent evidence

Up to $1,490,000

If your unit has a clear advantage, test slightly above the district median. Otherwise, anchor to the project page so the ask does not look disconnected from recent contracts.

Estimate only. The exact project and unit attributes should drive final pricing.

Project discovery in D23

Shortlists that help renters, buyers and owners move faster than scrolling the full directory.

Best rental evidence Hillion Residences 1,018 rentals

Use when checking what tenants are actually paying.

Best sales evidence Sol Acres 560 sales

Use when comparing offer prices and seller expectations.

Best freehold comp The Dairy Farm 475 transactions

Helpful when tenure is part of the buying decision.

Best all-round comp Hillion Residences 1,163 total transactions

Good first stop when you want both rental and sale context.

Most active projects

Best starting points when you want deeper transaction evidence.

1 Hillion Residences Transactions: 1,163 2 The Hillier Transactions: 1,071 3 Midwood Transactions: 854 4 Le Quest Transactions: 840 5 Sol Acres Transactions: 839

Highest rent projects

Projects with the highest typical rent in this district.

1 Cashew Green Median rent: $17,050 2 Phoenix Heights Median rent: $17,000 3 Michaels' Residences Median rent: $13,550 4 Mera Gardens Median rent: $9,500 5 Chestnut Gardens Median rent: $8,000

Highest sale PSF projects

Useful for spotting the upper end of buyer demand.

1 Pavilion Park Median PSF: $2,167 psf 2 Narra Residences Median PSF: $2,162 psf 3 Cashew Villas Median PSF: $2,147 psf 4 Hillhaven Median PSF: $2,108 psf 5 Cashew Green Median PSF: $2,071 psf

Small freehold projects to watch

Boutique freehold projects with limited but relevant data.

1 Comfort Garden Transactions: 28 2 Phoenix Heights Transactions: 10 3 Popular Estate Transactions: 5 4 Hua Mei Gardens Transactions: 4

Freehold vs leasehold in D23

Tenure matters most when buying or selling. Rentals still need project-level comps.

D23 has 27 freehold projects and 71 leasehold projects in our project records. For buyers, tenure should be part of the sale comparison because freehold projects can trade differently from newer leasehold projects with more facilities and cleaner recent comparables.

For renters, tenure is mostly background. Rent should still be judged by the exact project, unit size, condition, MRT access, schools and the latest rent data. Use tenure as a buying lens first, not as the main reason to pay more rent.

8 projects still need tenure added, so this mix will improve as we add more project facts.

Freehold 27 projects

3,895 transactions · 14.8% of D23 transactions

Leasehold 50 projects

19,669 transactions · 74.8% of D23 transactions

Long leasehold 21 projects

2,633 transactions · 10.0% of D23 transactions

Tenure pending 8 projects

89 transactions · 0.3% of D23 transactions

District market trends

Recent rent, sale PSF and transaction activity across D23.

Latest median rent $3,800 5,019 rentals in view

Latest median sale PSF $1,534 psf 1,855 sales in view

Month Rent contracts Median rent Sale transactions Median sale PSF Median sale

Jun 2026 0 - 29 $1,534 psf $1,437,000

May 2026 256 $3,800 99 $1,587 psf $1,536,000

Apr 2026 278 $3,800 111 $1,706 psf $1,498,000

Mar 2026 324 $3,900 93 $1,604 psf $1,589,000

Feb 2026 236 $3,800 81 $1,525 psf $1,450,000

Jan 2026 313 $3,800 182 $2,067 psf $1,521,000

Dec 2025 313 $3,750 86 $1,549 psf $1,640,000

Nov 2025 245 $3,700 81 $1,528 psf $1,540,000

Oct 2025 249 $3,850 83 $1,560 psf $1,500,000

Sept 2025 277 $3,800 104 $1,489 psf $1,495,000

Aug 2025 378 $3,700 106 $1,514 psf $1,450,000

Jul 2025 420 $3,800 124 $1,508 psf $1,520,000

Top projects to explore

Prioritized by transaction depth across rental and sale records. Smaller projects still matter, but they need project-level context.

99-year leasehold from 2013 Hillion Residences 1,163 transactions

Median rent: $2,900
Median sale PSF: $1,707 psf

99-year leasehold from 2011 The Hillier 1,071 transactions

Median rent: $3,100
Median sale PSF: $1,514 psf

99-year leasehold from 2018 Midwood 854 transactions

Median rent: $3,450
Median sale PSF: $1,721 psf

99-year leasehold from 2016 Le Quest 840 transactions

Median rent: $3,300
Median sale PSF: $1,623 psf

99-year leasehold from 2014 Sol Acres 839 transactions

Median rent: $3,500
Median sale PSF: $1,399 psf

99-year leasehold from 2012 Kingsford . Hillview Peak 805 transactions

Median rent: $3,000
Median sale PSF: $1,416 psf

99-year leasehold from 2010 The Tennery 738 transactions

Median rent: $3,000
Median sale PSF: $1,304 psf

99-year leasehold from 2018 Dairy Farm Residences 707 transactions

Median rent: $3,700
Median sale PSF: $1,665 psf

Project directory in D23

Browse the remaining 98 projects in Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. Lower-volume projects can be useful, but read them with nearby comps.

Find a project Tenure Data depth Sort by

Project Tenure Transactions Typical rent Sale PSF Latest record

Showing 24 of 98 projects

D23 FAQ

Quick answers for renters, buyers and owners comparing Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.

What is the typical rent in D23?

The median monthly rent in D23 is $3,500, based on 17,869 rentals on this district page.

What is the typical sale price in D23?

The median sale price in D23 is $1,436,000, with a median sale PSF of $1,486 psf across 8,417 sales.

Which D23 projects have the most transactions?

Hillion Residences has the deepest combined rent and sale evidence on this district page, with 1,163 transactions.

Which projects are strongest for rental and sale comparisons in D23?

Hillion Residences is currently strongest for rental evidence, while Sol Acres is strongest for sale transaction evidence. Always open the project page before making a final rent or sale comparison.

Is D23 mostly freehold or leasehold?

D23 has 27 freehold projects and 71 leasehold projects in the current project records. Tenure matters most for buying and selling, while rents still need exact project and unit-size comparisons.

How current is the D23 data?

The district page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.

About this district data

How to read D23 rental and sale figures.

District pages combine all tracked private residential projects in the postal district.

Rental figures use recorded monthly rent data and are summarized by month.

Sale figures use private residential sale data, including sale price, PSF and total sale value where available.

Guidance cards are estimates based on district-level medians and trends. They are not financial advice.