HILLVIEW ESTATE Review

Condo Review 4 min read Last reviewed
District 23 · Freehold
~$1,910Avg PSF (12-month)
Total units
Category Ratings
Walkability
3.8
Investment
5.7
En-Bloc Potential
1.7
ShiokNest Score
3.2

Overview & Key Facts

HILLVIEW ESTATE is a freehold condominium at JALAN DERMAWAN in District 23 (OCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
23 — OCR
Street
JALAN DERMAWAN

Location & Connectivity

HILLVIEW ESTATE is approximately 820m from Bukit Gombak MRT station, with 4 stations within 1.5 km.

MRT stations near HILLVIEW ESTATE
StationLineDistance
Bukit GombakNorth-South Line820m
HumeDowntown Line1 km
HillviewDowntown Line1 km
CashewDowntown Line1.2 km

Schools & Education

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

Schools near HILLVIEW ESTATE
SchoolTypeDistance
Bukit View Primary SchoolPrimary810m
Princess Elizabeth Primary SchoolPrimary920m
Pei Hwa Presbyterian Primary SchoolPrimary1.9 km
Huamin Primary SchoolPrimary1.9 km

Market Position

HILLVIEW ESTATE has recorded 5 sales at an average price of $5,115,378.

HILLVIEW ESTATE sits at the 62nd percentile of District 23 condo PSF.
$1,910 psf
Avg PSF (12mo)
$5,115,378
Avg Price
1.7%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for HILLVIEW ESTATE
YearSalesAvg PSFYoY
20211$994 psf
20231$1,428 psf↑ 43.6%
20242$1,492 psf↑ 4.5%
20251$1,910 psf↑ 28.0%

Loading chart data...

HILLVIEW ESTATE prices sit at a fresh series high after a 28.0% gain on the prior period, now 92.1% 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.

Loading chart data...


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

What Could Work Against You

  • Only 1 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.

Who This Actually Suits

The profile fits mrt-walkable commuters, car-owning households, international school families and nature / park-fronting best. MRT proximity is the standout commute feature for daily transit users.

For yield-focused investors and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.


Verdict

HILLVIEW ESTATE is a freehold development in District 23 (OCR), offering a gross yield of 1.7%.

At ~$1,910 psf, it represents a competitive entry point in the OCR segment.

Explore the full HILLVIEW ESTATE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Batok — 4-room average $626,224 (750m away), an upgrader gap of about $4,500,000
  • Bukit Panjang — 4-room average $581,903 (1.8 km away), an upgrader gap of about $4,550,000
  • Choa Chu Kang — 4-room average $559,427 (1.9 km away), an upgrader gap of about $4,550,000

FAQ

What is the average PSF for HILLVIEW ESTATE?
The 12-month average is approximately $1,910 psf.
Is HILLVIEW ESTATE freehold?
Yes, HILLVIEW ESTATE is a freehold property.
What is the rental yield for HILLVIEW ESTATE?
The estimated gross yield is 1.7%.
Which MRT is nearest to HILLVIEW ESTATE?
The nearest is Bukit Gombak MRT at 820m.

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: 5 transactions
  • Rental data: 32 leases
  • Source: URA REALIS

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

Data as of September 2025

Latest recorded data point: Sep 2025 · 5 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: