CASHEW HEIGHTS CONDOMINIUM Review

Condo Review 4 min read Last reviewed
District 23 · 999 yrs lease commencing from 1882 · Completed 1992
~$1,639Avg PSF (12-month)
596Total units
Category Ratings
Investment
4.2
En-Bloc Potential
4.2
ShiokNest Score
4.2

Overview & Key Facts

CASHEW HEIGHTS CONDOMINIUM is a 999 yrs lease commencing from 1882 condominium at CASHEW ROAD in District 23 (OCR), developed by CITY DEVELOPMENTS LTD, comprising 596 units, completed in 1992.

Developer
CITY DEVELOPMENTS LTD
Tenure
999 yrs lease commencing from 1882
Total units
596
TOP year
1992
District
23 — OCR
Street
CASHEW ROAD
Lease remaining
~65 years (of 99)

Location & Connectivity

CASHEW HEIGHTS CONDOMINIUM is located in District 23. Check the dashboard for full transport connectivity data.


Unit Mix & Pricing

Unit mix for CASHEW HEIGHTS CONDOMINIUM
TypeSalesAvg PSFAvg Price
3 BR13$1,560 psf$1,918,923
4 BR30$1,440 psf$2,383,451

Market Position

CASHEW HEIGHTS CONDOMINIUM has recorded 43 sales at an average price of $2,243,013.

CASHEW HEIGHTS CONDOMINIUM sits at the 64th percentile of District 23 condo PSF.
$1,639 psf
Avg PSF (12mo)
$2,243,013
Avg Price
2.1%
Gross Yield
43
Total Sales

Price Appreciation

PSF trend for CASHEW HEIGHTS CONDOMINIUM
YearSalesAvg PSFYoY
20214$1,288 psf
20228$1,411 psf↑ 9.5%
202316$1,461 psf↑ 3.5%
20249$1,538 psf↑ 5.3%
20253$1,641 psf↑ 6.7%
20263$1,637 psf↓ 0.3%

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CASHEW HEIGHTS CONDOMINIUM prices are holding within 0.3% of the 2025 peak, 27.1% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 23 reads 128.2 as of June 2026 — up 3.6% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 23 competitors
CondoTenureAvg PSFSales
SOL ACRES99 yrs lease commencing from 2014$1,389 psf568
MIDWOOD99 yrs lease commencing from 2018$1,736 psf544
LUMINA GRAND99 yrs lease commencing from 2022$1,515 psf512
DAIRY FARM RESIDENCES99 yrs lease commencing from 2018$1,660 psf458
THE MYST99 yrs lease commencing from 2023$2,093 psf390

Lease Analysis

With 65 years remaining on its 99-year lease, CASHEW HEIGHTS CONDOMINIUM still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • Only 5 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • Completed in 1992, the development is over 34 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

Buyers most likely to be happy here: multi-generational families, mrt-walkable commuters, international school families and sports / active lifestyle. Larger unit configurations or dual-key layouts make this viable for 3-generation households.


Verdict

CASHEW HEIGHTS CONDOMINIUM is a 999 yrs lease commencing from 1882 development in District 23 (OCR), with 596 units, offering a gross yield of 2.1%.

At ~$1,639 psf, it represents a competitive entry point in the OCR segment.

Explore the full CASHEW HEIGHTS CONDOMINIUM dashboard for interactive analytics.

FAQ

What is the average PSF for CASHEW HEIGHTS CONDOMINIUM?
The 12-month average is approximately $1,639 psf.
Is CASHEW HEIGHTS CONDOMINIUM freehold?
CASHEW HEIGHTS CONDOMINIUM has a 999 yrs lease commencing from 1882 tenure with ~65 years remaining.
What is the rental yield for CASHEW HEIGHTS CONDOMINIUM?
The estimated gross yield is 2.1%.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 43 transactions
  • Rental data: 347 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 43 records analysed · Source: URA private-sale caveats

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