District 23 rent and sale trends

Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang Private residential prices, rents and project comparisons.

D23 Market Brief

Read the district signal first, then confirm any rent, offer or asking price against a specific project.

District signals

Market direction Mixed / steady

Is D23 getting more expensive?

Rent is flat over the last 3 months. Sale PSF is up 0.3% over the last 3 months. Read this as a district signal, then confirm with specific project pages.

Transaction activity -21.8%

Is volume rising?

Transaction volume is lighter. 1,759 records in the latest 6-month view versus 2,250 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.

Before you decide

For renters $3,350 to $3,550

Start with the district rent band

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

For buyers $1,443 to $1,533 psf

Use PSF comps before chasing

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

For sellers and landlords Up to $1,500,000

Price close to recent evidence

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.

D23 project map

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

Project discovery in D23

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

Freehold vs leasehold in D23

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

D23 has 27 freehold projects and 72 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.

7 projects still need tenure added, so this mix will improve as we add more project facts.
Freehold 27 projects
3,981 transactions · 14.8% of D23 transactions
Leasehold 50 projects
20,097 transactions · 74.8% of D23 transactions
Long leasehold 22 projects
2,691 transactions · 10.0% of D23 transactions
Tenure pending 7 projects
86 transactions · 0.3% of D23 transactions

Top projects to explore

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

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.

Project Tenure Transactions Typical rent Sale PSF Latest record
Hillsta 99-year leasehold from 2011 720 $2,900 $1,294 psf Aug 2026 Maysprings 99-year leasehold from 1994 696 $3,300 $1,057 psf Jul 2026 Northvale 99-year leasehold from 1995 677 $3,300 $1,006 psf Jun 2026 Foresque Residences 99-year leasehold from 2011 599 $3,400 $1,401 psf Jul 2026 Lumina Grand 99-year leasehold from 2022 513 - $1,521 psf Jun 2026 The Warren 99-year leasehold from 2001 505 $3,850 $1,092 psf Jun 2026 Regent Heights 99-year leasehold from 1995 500 $3,600 $988 psf Jul 2026 Eco Sanctuary 99-year leasehold from 2012 498 $3,400 $1,486 psf Jul 2026 The Dairy Farm Freehold 491 $4,250 $1,572 psf Jun 2026 Parkview Apartments 99-year leasehold from 1994 487 $3,250 $959 psf Jun 2026 Regent Grove 99-year leasehold from 1997 470 $3,700 $940 psf Jul 2026 Guilin View 99-year leasehold from 1996 469 $3,600 $1,033 psf Jul 2026 Hazel Park Condominium 999-year leasehold from 1882 461 $3,700 $1,620 psf Jul 2026 Hillview Regency 99-year leasehold from 2000 457 $3,700 $1,082 psf Aug 2026 Natura@hillview Freehold 454 $2,800 $1,464 psf Jun 2026 Hillview Heights Freehold 447 $3,600 $1,591 psf Jul 2026 The Botany at Dairy Farm 99-year leasehold from 2022 442 $4,500 $2,048 psf Jun 2026 The Lanai 999-year leasehold from 1885 442 $4,100 $1,587 psf Jul 2026 The Skywoods 99-year leasehold from 2012 421 $3,825 $1,547 psf Jul 2026 Glendale Park Freehold 413 $4,000 $1,546 psf Jun 2026 Palm Gardens 99-year leasehold from 1996 402 $3,500 $1,004 psf Jul 2026 The Myst 99-year leasehold from 2023 397 - $2,076 psf Aug 2026 Cashew Heights Condominium 999-year leasehold from 1882 369 $4,200 $1,478 psf Jun 2026 Altura 99-year leasehold from 2022 362 - $1,481 psf Jul 2026
Showing 24 of 98 projects

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

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 18,282 rentals on this district page.

What is the typical sale price in D23?

The median sale price in D23 is $1,438,000, with a median sale PSF of $1,488 psf across 8,573 sales.

Which D23 projects have the most transactions?

Hillion Residences has the deepest combined rent and sale evidence on this district page, with 1,190 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 72 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.