Tree House

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  0
 3
 0

Sale Price *

Average
S$ 1,500 psf
Range
S$ 1,341 - 1,641 psf

Rental Price **

Average
S$ 4.1 psf pm
Range
S$ 2.6 - 5.5 psf pm

Rental Yield **

3.3%

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

Amenities

2.6
2.6

Convenience

3.7
3.7

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
Tree House is a leasehold (99 yrs from 2009) condominium completed in 2013. It is developed by CHESTNUT AVENUE DEVELOPMENTS PTE LTD and designed by ADDP ARCHITECTS. The development occupies a land area of 22,700 sqm and a Gross Floor Area of 47,671 sqm. It consists of 429 units. According to records, buyers of this development are Singaporean 82.5%, PR 12.2%, Foreigner 4.2%, Company 1.1%.

TREE HOUSE is located along Chestnut Avenue in Bukit Panjang, in District 23. It is accessible through the nearest MRTs including Cashew DT2 and Hillview DT3.

Based on transaction data in the last 12 months, sale prices range from S$ 1,341 psf to S$ 1,641 psf at an average of S$ 1,500 psf. Its highest recorded transaction was S$ 1,641 psf in May 2024 for a 1,152-sqft unit. Its lowest recorded transaction was S$ 616 psf in May 2010 for a 1,959-sqft unit. Its current rental yield is at 3.3%. Other nearby amenities include: 1 Grocerie: HAO MART PTE. LTD., and 1 Shopping Mall: Dairy Farm Mall.

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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4.4
"(1) fabulous cum unobstructed panoramic view of the central nature reserve, upper peirce reservoir and the city skyline (2) refreshing and clean fresh air from the forest and the reservoir and (3) amazing micro-climate of about 3-5 degrees C in thermal comfort compared to less forested regions "
d****n@hotmail.com
Owner     |   26 Oct 2022
5
"nestled in the nature reserve area, unblock view around, fresh air and listening to the bird singing"
J***** T**
Google Review     |   16 Jul 2022
5
"Amazing condo to stay with little kids, surrounded with greenery and quite neighborhood. However, it is a bit challenging to call for a grab but most of the residence owning a car here, so I guess it is fine. There is a side door that shelter all the way to the side door bus stop, and the bus will take you to nearest MRT (Hillview MRT station)."
J*** J***
Google Review     |   23 Jun 2022
5
"Condominium good for living"
J** U******
Google Review     |   23 May 2022
5
"Next to the reservoir and mountainbike trails.very green."
R*** R***
Google Review     |   30 Jan 2021
5
"Comfortable"
S**** I*******
Google Review     |   24 Aug 2020
Live Here? Tell us more
Write a review
Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
60
1
1

TREE HOUSE - 60 - 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 TREE HOUSE

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

Asking Price of TREE HOUSE

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
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 TREE HOUSE

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
9
$1,239,000

    • 2 beds
    • •
    • 2 baths
    • Condominium
    • D23
    • 2013
    • 99 years
    • S$ 1,600 psf
    • Chestnut Avenue
    David Boon
    send_enquiry
    thumb-images
    3
    $1,250,000

      • 2 beds
      • •
      • 2 baths
      • Condominium
      • D23
      • 2013
      • 99 years
      • S$ 1,550 psf
      • Chestnut Avenue
      Peggy Leong
      send_enquiry
      thumb-images
      9
      $2,100,000

        • 3 beds
        • •
        • 3 baths
        • Condominium
        • D23
        • 2013
        • 99 years
        • S$ 1,680 psf
        • Chestnut Avenue
        Liu Xiaoqing
        send_enquiry
        thumb-images
        7
        $1,238,888

          • 2 beds
          • •
          • 2 baths
          • Condominium
          • D23
          • 2013
          • 99 years
          • S$ 1,600 psf
          • Chestnut Avenue
          Adrian Wee
          send_enquiry
          thumb-images
          4
          $1,590,000

            • 3 beds
            • •
            • 2 baths
            • Condominium
            • D23
            • 2013
            • 99 years
            • S$ 1,680 psf
            • Chestnut Avenue
            Eric Enyo
            send_enquiry

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