Skip to content
dailystudysgDaily Study SG

Condo prices · D23

Chestnut Gardens

Chestnut Gardens · D23 · Outside central region · Terrace, Semi-Detached

The median sale at Chestnut Gardens was $4,352,500 — $1,744 psf of land — across four transactions between April 2022 and July 2025. 999-year lease from 1882.

Figures here are based on just four sales, which is too few to call a market rate.

Median price
$4,352,500
four sales in the window.
Median per sq ft of land
$1,744 psf
Median unit 2,503 sq ft.
Lease remaining
855 years
999-year lease from 1882

Chestnut Gardens saw zero sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$424
$4,352,500 over 855 years remaining.
Per sq ft per year
$2.03
What a square foot of this development costs for one year of lease.
Lease expires
2881
14 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2022two sales$1825
  • 2023one sale$1701
  • 2025one sale$1458
Show the figures
YearMedian pricePer sq ft of landSales
2022$3,616,944$1,825 psf2
2023$5,080,000$1,701 psf1
2025$7,800,000$1,458 psf1

Other landed housing in D23

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.