HILLVIEW RESIDENCE Review

Condo Review 4 min read Last reviewed
District 23 · 999 yrs lease commencing from 1885 · Completed 2003
~$1,445Avg PSF (12-month)
98Total units
Category Ratings
Walkability
4.3
Investment
3.9
En-Bloc Potential
4.7
ShiokNest Score
3.2

Overview & Key Facts

HILLVIEW RESIDENCE is a 999 yrs lease commencing from 1885 condominium at HILLVIEW AVENUE in District 23 (OCR), developed by JYS DEVELOPMENT PTE LTD, comprising 98 units, completed in 2003.

Developer
JYS DEVELOPMENT PTE LTD
Tenure
999 yrs lease commencing from 1885
Total units
98
TOP year
2003
District
23 — OCR
Street
HILLVIEW AVENUE
Lease remaining
~76 years (of 99)

Location & Connectivity

HILLVIEW RESIDENCE is approximately 580m from Hume MRT station, with 4 stations within 1.5 km.

MRT stations near HILLVIEW RESIDENCE
StationLineDistance
HumeDowntown Line580m
Bukit GombakNorth-South Line1.1 km
HillviewDowntown Line1.1 km
Bukit BatokNorth-South Line1.5 km

Schools & Education

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

Schools near HILLVIEW RESIDENCE
SchoolTypeDistance
Bukit View Primary SchoolPrimary570m
Princess Elizabeth Primary SchoolPrimary1.1 km
Huamin Primary SchoolPrimary1.9 km

Unit Mix & Pricing

Unit mix for HILLVIEW RESIDENCE
TypeSalesAvg PSFAvg Price
3 BR13$1,339 psf$1,681,530
4 BR1$1,095 psf$1,850,000

Market Position

HILLVIEW RESIDENCE has recorded 14 sales at an average price of $1,693,563.

HILLVIEW RESIDENCE sits at the 40th percentile of District 23 condo PSF.
$1,445 psf
Avg PSF (12mo)
$1,693,563
Avg Price
2.5%
Gross Yield
14
Total Sales

Price Appreciation

PSF trend for HILLVIEW RESIDENCE
YearSalesAvg PSFYoY
20214$1,148 psf
20222$1,296 psf↑ 12.9%
20236$1,404 psf↑ 8.3%
20251$1,422 psf↑ 1.3%
20261$1,469 psf↑ 3.3%

Loading chart data...

The latest reading marks the highest point in this series — HILLVIEW RESIDENCE prices have climbed 27.9% since 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.

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

Lease Analysis

With 76 years remaining on its 99-year lease, HILLVIEW RESIDENCE still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, car-owning households, quiet sanctuary seekers and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

yield-focused investors and short-term flippers (<5 yr) should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

HILLVIEW RESIDENCE is a 999 yrs lease commencing from 1885 development in District 23 (OCR), with 98 units, offering a gross yield of 2.5%.

At ~$1,445 psf, it represents a competitive entry point in the OCR segment.

Explore the full HILLVIEW RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Batok — 4-room average $626,224 (550m away), an upgrader gap of about $1,050,000
  • Central Area — 4-room average $1,088,814 (1.9 km away), an upgrader gap of about $600,000

FAQ

What is the average PSF for HILLVIEW RESIDENCE?
The 12-month average is approximately $1,445 psf.
Is HILLVIEW RESIDENCE freehold?
HILLVIEW RESIDENCE has a 999 yrs lease commencing from 1885 tenure with ~76 years remaining.
What is the rental yield for HILLVIEW RESIDENCE?
The estimated gross yield is 2.5%.
Which MRT is nearest to HILLVIEW RESIDENCE?
The nearest is Hume MRT at 580m.

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: 14 transactions
  • Rental data: 38 leases
  • Source: URA REALIS

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

Data as of April 2026

Latest recorded data point: Apr 2026 · 14 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: