Overview & Key Facts
HILLVIEW 128 is a 999 yrs lease commencing from 1885 condominium at HILLVIEW AVENUE in District 23 (OCR), developed by 128 DEVELOPMENT PTE LTD, comprising 90 units, completed in 2001.
Location & Connectivity
HILLVIEW 128 is approximately 640m from Hume MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Hume | Downtown Line | 640m |
| Hillview | Downtown Line | 950m |
| Bukit Gombak | North-South Line | 1.1 km |
| Cashew | Downtown Line | 1.4 km |
Schools & Education
3 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 680m |
| Princess Elizabeth Primary School | Primary | 1.1 km |
| Huamin Primary School | Primary | 1.9 km |
Market Position
HILLVIEW 128 has recorded 9 sales at an average price of $1,372,333.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,031 psf | — |
| 2022 | 1 | $1,087 psf | ↑ 5.4% |
| 2023 | 2 | $1,316 psf | ↑ 21.1% |
| 2024 | 2 | $1,356 psf | ↑ 3.0% |
| 2025 | 3 | $1,438 psf | ↑ 6.1% |
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HILLVIEW 128 prices sit at a fresh series high after a 6.1% gain on the prior period, now 39.4% 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
| 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 74 years remaining on its 99-year lease, HILLVIEW 128 still qualifies for full bank financing and CPF usage.
What Could Work Against You
- Only 2 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.
Best suited for
Who This Actually Suits
The profile fits car-owning households, international school families, nature / park-fronting and freehold / generational hold best. At ~641m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
first-time hdb upgraders should treat this as a shortlist candidate, not a default choice.
yield-focused investors and long-term hold (10+ yr) should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
HILLVIEW 128 is a 999 yrs lease commencing from 1885 development in District 23 (OCR), with 90 units, offering a gross yield of 3.0%.
At ~$1,438 psf, it represents a competitive entry point in the OCR segment.
Explore the full HILLVIEW 128 dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HILLVIEW 128 against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Batok — 4-room average $626,224 (700m away), an upgrader gap of about $750,000
- Central Area — 4-room average $1,088,814 (2 km away), an upgrader gap of about $300,000
FAQ
What is the average PSF for HILLVIEW 128?
Is HILLVIEW 128 freehold?
What is the rental yield for HILLVIEW 128?
Which MRT is nearest to HILLVIEW 128?
Sources & Next Steps
- HILLVIEW 128 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: 9 transactions
- Rental data: 97 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Sep 2025 · 9 records analysed · Source: URA private-sale caveats