Overview & Key Facts
HILLION RESIDENCES is a 99 yrs lease commencing from 2013 condominium at JELEBU ROAD in District 23 (OCR), developed by SIM LIAN JV (BP RETAIL) PTE LTD, comprising 546 units, completed in 2016.
Location & Connectivity
HILLION RESIDENCES is approximately 60m from Bukit Panjang MRT station, with 13 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Bukit Panjang | Downtown Line | 60m |
| Bukit Panjang | Bukit Panjang LRT | 60m |
| Petir | Bukit Panjang LRT | 410m |
| Ten Mile Junction | Bukit Panjang LRT | 420m |
| Senja | Bukit Panjang LRT | 510m |
| Phoenix | Bukit Panjang LRT | 620m |
Schools & Education
12 schools within 2 km (10 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Pei Hwa Presbyterian Primary School | Primary | 240m |
| Springdale Primary School | Primary | 460m |
| Fajar Secondary School | Secondary | 690m |
| Bukit Panjang Primary School | Primary | 740m |
| Greenridge Secondary School | Secondary | 760m |
| West Spring Secondary School | Secondary | 850m |
| West Spring Primary School | Primary | 920m |
| Unity Primary School | Primary | 950m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 95 | $1,675 psf | $784,103 |
| 1 BR | 9 | $1,475 psf | $802,722 |
| 2 BR | 39 | $1,740 psf | $1,242,538 |
| 3 BR | 5 | $1,743 psf | $2,026,578 |
| 4 BR | 6 | $1,815 psf | $2,493,333 |
Market Position
HILLION RESIDENCES has recorded 154 sales at an average price of $1,008,222.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at HILLION RESIDENCES typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 0 BR | $2,725/mo | $784,103 | 4.17% |
| 2 BR | $3,507/mo | $1,242,538 | 3.39% |
| 3 BR | $5,271/mo | $2,026,578 | 3.12% |
| 4 BR | $6,150/mo | $2,493,333 | 2.96% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 21 | $1,531 psf | — |
| 2022 | 38 | $1,597 psf | ↑ 4.3% |
| 2023 | 29 | $1,720 psf | ↑ 7.7% |
| 2024 | 27 | $1,739 psf | ↑ 1.1% |
| 2025 | 26 | $1,819 psf | ↑ 4.6% |
| 2026 | 13 | $1,766 psf | ↓ 2.9% |
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HILLION RESIDENCES prices have cooled 2.9% from the 2025 peak, yet remain 15.4% above where the series began in 2021.
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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SOL ACRES | 99 yrs lease commencing from 2014 | $1,389 psf | 568 |
| MIDWOOD | 99 yrs lease commencing from 2018 | $1,736 psf | 544 |
| LUMINA GRAND | 99 yrs lease commencing from 2022 | $1,515 psf | 512 |
| DAIRY FARM RESIDENCES | 99 yrs lease commencing from 2018 | $1,660 psf | 458 |
| THE MYST | 99 yrs lease commencing from 2023 | $2,093 psf | 390 |
Lease Analysis
With 86 years remaining on its 99-year lease, HILLION RESIDENCES still qualifies for full bank financing and CPF usage.
Best suited for
Who This Actually Suits
This is a strong match for young couples (no kids), mrt-walkable commuters, yield-focused investors and first-time hdb upgraders. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
For wfh / hybrid workers and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
It is a weaker fit for multi-generational families and resort facilities — other options likely serve them better. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
HILLION RESIDENCES is a 99 yrs lease commencing from 2013 development in District 23 (OCR), with 546 units, offering a gross yield of 3.7%.
At ~$1,801 psf, it represents a competitive entry point in the OCR segment.
Explore the full HILLION RESIDENCES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HILLION RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Panjang — 4-room average $581,903 (110m away), an upgrader gap of about $450,000
- Choa Chu Kang — 4-room average $559,427 (500m away), an upgrader gap of about $450,000
- Kallang/whampoa — 4-room average $882,887 (1.6 km away), an upgrader gap of about $150,000
FAQ
What is the average PSF for HILLION RESIDENCES?
Is HILLION RESIDENCES freehold?
What is the rental yield for HILLION RESIDENCES?
Which MRT is nearest to HILLION RESIDENCES?
Sources & Next Steps
- HILLION RESIDENCES Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) — District 23 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 154 transactions
- Rental data: 1067 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2026 · 154 records analysed · Source: URA private-sale caveats