Overview & Key Facts
HILLVIEW VILLAS is a freehold condominium at HILLVIEW CRESCENT in District 23 (OCR), developed by CYCLE & CARRIAGE (HILLVIEW) PROPERTIES PTE LTD, comprising 138 units, completed in 1993.
Location & Connectivity
HILLVIEW VILLAS is approximately 710m from Hume MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Hume | Downtown Line | 710m |
| Bukit Gombak | North-South Line | 960m |
| Bukit Batok | North-South Line | 1.2 km |
| Hillview | Downtown Line | 1.3 km |
Schools & Education
3 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 330m |
| Princess Elizabeth Primary School | Primary | 990m |
| Huamin Primary School | Primary | 1.6 km |
Market Position
HILLVIEW VILLAS has recorded 12 sales at an average price of $4,186,500.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,828 psf | — |
| 2022 | 5 | $1,495 psf | ↓ 18.2% |
| 2023 | 1 | $1,894 psf | ↑ 26.7% |
| 2024 | 3 | $1,754 psf | ↓ 7.4% |
| 2025 | 1 | $1,248 psf | ↓ 28.9% |
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HILLVIEW VILLAS prices have cooled 34.1% from the 2023 peak, yet remain 31.7% below 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 |
What Could Work Against You
- Only 0 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.
- Completed in 1993, the development is over 33 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.
Best suited for
Who This Actually Suits
This is a strong match for multi-generational families, mrt-walkable commuters, nature / park-fronting and freehold / generational hold. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
international school families and long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for hawker / food enthusiasts — other options likely serve them better. Walking distance to a hawker centre or food street cluster.
Verdict
HILLVIEW VILLAS is a freehold development in District 23 (OCR), with 138 units, offering a gross yield of 1.9%.
At ~$1,248 psf, it represents a competitive entry point in the OCR segment.
Explore the full HILLVIEW VILLAS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HILLVIEW VILLAS against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Batok — 4-room average $626,224 (350m away), an upgrader gap of about $3,550,000
- Central Area — 4-room average $1,088,814 (1.8 km away), an upgrader gap of about $3,100,000
- Jurong East — 4-room average $564,824 (1.9 km away), an upgrader gap of about $3,600,000
FAQ
What is the average PSF for HILLVIEW VILLAS?
Is HILLVIEW VILLAS freehold?
What is the rental yield for HILLVIEW VILLAS?
Which MRT is nearest to HILLVIEW VILLAS?
Sources & Next Steps
- HILLVIEW VILLAS 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: 12 transactions
- Rental data: 20 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2025 · 12 records analysed · Source: URA private-sale caveats