HILLVIEW VILLAS Review

Condo Review 4 min read Last reviewed
District 23 · Freehold · Completed 1993
~$1,248Avg PSF (12-month)
138Total units
Category Ratings
Walkability
4.3
Investment
3.9
En-Bloc Potential
5.2
ShiokNest Score
3.5

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.

Developer
CYCLE & CARRIAGE (HILLVIEW) PROPERTIES PTE LTD
Tenure
Freehold
Total units
138
TOP year
1993
District
23 — OCR
Street
HILLVIEW CRESCENT

Location & Connectivity

HILLVIEW VILLAS is approximately 710m from Hume MRT station, with 4 stations within 1.5 km.

MRT stations near HILLVIEW VILLAS
StationLineDistance
HumeDowntown Line710m
Bukit GombakNorth-South Line960m
Bukit BatokNorth-South Line1.2 km
HillviewDowntown Line1.3 km

Schools & Education

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

Schools near HILLVIEW VILLAS
SchoolTypeDistance
Bukit View Primary SchoolPrimary330m
Princess Elizabeth Primary SchoolPrimary990m
Huamin Primary SchoolPrimary1.6 km

Market Position

HILLVIEW VILLAS has recorded 12 sales at an average price of $4,186,500.

HILLVIEW VILLAS sits at the 84th percentile of District 23 condo PSF.
$1,248 psf
Avg PSF (12mo)
$4,186,500
Avg Price
1.9%
Gross Yield
12
Total Sales

Price Appreciation

PSF trend for HILLVIEW VILLAS
YearSalesAvg PSFYoY
20212$1,828 psf
20225$1,495 psf↓ 18.2%
20231$1,894 psf↑ 26.7%
20243$1,754 psf↓ 7.4%
20251$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

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 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.

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?
The 12-month average is approximately $1,248 psf.
Is HILLVIEW VILLAS freehold?
Yes, HILLVIEW VILLAS is a freehold property.
What is the rental yield for HILLVIEW VILLAS?
The estimated gross yield is 1.9%.
Which MRT is nearest to HILLVIEW VILLAS?
The nearest is Hume MRT at 710m.

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: 12 transactions
  • Rental data: 20 leases
  • Source: URA REALIS

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

Data as of March 2025

Latest recorded data point: Mar 2025 · 12 records analysed · Source: URA private-sale caveats

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