CHILTERN PARK Review

Condo Review 5 min read Last reviewed
District 19 · 99 yrs lease commencing from 1991 · Completed 1995
~$1,538Avg PSF (12-month)
500Total units
Category Ratings
Walkability
5.8
Investment
6.2
En-Bloc Potential
5.3
ShiokNest Score
5.0

Overview & Key Facts

CHILTERN PARK is a 99 yrs lease commencing from 1991 condominium at SERANGOON AVENUE 3 in District 19 (OCR), developed by CHILTERN PARK DEVELOPMENT PTE LTD (FIRST CAPITAL CORPORATION), comprising 500 units, completed in 1995.

Developer
CHILTERN PARK DEVELOPMENT PTE LTD (FIRST CAPITAL CORPORATION)
Tenure
99 yrs lease commencing from 1991
Total units
500
TOP year
1995
District
19 — OCR
Street
SERANGOON AVENUE 3
Lease remaining
~64 years (of 99)

Location & Connectivity

CHILTERN PARK is approximately 170m from Lorong Chuan MRT station, with 4 stations within 1.5 km.

MRT stations near CHILTERN PARK
StationLineDistance
Lorong ChuanCircle Line170m
SerangoonNorth-East Line1.1 km
SerangoonCircle Line1.1 km
WoodleighNorth-East Line1.5 km

Schools & Education

18 schools within 2 km (2 within 1 km priority zone).

Schools near CHILTERN PARK
SchoolTypeDistance
Maris Stella High School (Primary)Primary850m
Maris Stella High SchoolSecondary850m
Serangoon Secondary SchoolSecondary1.4 km
Bowen Secondary SchoolSecondary1.5 km
Ai Tong SchoolPrimary1.5 km
Yuying Secondary SchoolSecondary1.5 km
Cedar Girls' Secondary SchoolSecondary1.5 km
Cedar Primary SchoolPrimary1.5 km

Unit Mix & Pricing

Unit mix for CHILTERN PARK
TypeSalesAvg PSFAvg Price
2 BR18$1,396 psf$1,291,114
3 BR38$1,350 psf$1,693,266
4 BR19$1,291 psf$1,991,784

Market Position

CHILTERN PARK has recorded 75 sales at an average price of $1,672,374.

CHILTERN PARK sits at the 47th percentile of District 19 condo PSF.
$1,538 psf
Avg PSF (12mo)
$1,672,374
Avg Price
3.0%
Gross Yield
75
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at CHILTERN PARK typically rent harder per dollar of purchase price:

Per-bedroom gross yield at CHILTERN PARK
TypeAvg RentAvg PriceGross Yield
2 BR$3,495/mo$1,291,1143.25%
3 BR$4,585/mo$1,693,2663.25%
4 BR$5,000/mo$1,991,7843.01%

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Price Appreciation

PSF trend for CHILTERN PARK
YearSalesAvg PSFYoY
202115$1,124 psf
202211$1,227 psf↑ 9.1%
202320$1,347 psf↑ 9.8%
202410$1,445 psf↑ 7.3%
202512$1,502 psf↑ 4.0%
20267$1,600 psf↑ 6.6%

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CHILTERN PARK prices sit at a fresh series high after a 6.6% gain on the prior period, now 42.3% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% 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 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

Lease Analysis

With 64 years remaining on its 99-year lease, CHILTERN PARK still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • About 64 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
  • Completed in 1995, the development is over 31 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

The profile fits families with young children, mrt-walkable commuters, long-term hold (10+ yr) and first-time hdb upgraders best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.


Verdict

CHILTERN PARK is a 99 yrs lease commencing from 1991 development in District 19 (OCR), with 500 units, offering a gross yield of 3.0%.

At ~$1,538 psf, it represents a competitive entry point in the OCR segment.

Explore the full CHILTERN PARK dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CHILTERN PARK against staying public? These HDB towns sit within walking or short-drive distance:

  • Serangoon — 4-room average $685,706 (380m away), an upgrader gap of about $1,000,000
  • Bishan — 4-room average $791,445 (800m away), an upgrader gap of about $900,000
  • Toa Payoh — 4-room average $929,793 (1.1 km away), an upgrader gap of about $750,000

FAQ

What is the average PSF for CHILTERN PARK?
The 12-month average is approximately $1,538 psf.
Is CHILTERN PARK freehold?
CHILTERN PARK has a 99 yrs lease commencing from 1991 tenure with ~64 years remaining.
What is the rental yield for CHILTERN PARK?
The estimated gross yield is 3.0%.
Which MRT is nearest to CHILTERN PARK?
The nearest is Lorong Chuan MRT at 170m.

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: 75 transactions
  • Rental data: 363 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 75 records analysed · Source: URA private-sale caveats

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