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38 Chestnut Drive

Semi-Detached House · in Bukit Panjang, District 23, Singapore · 999 yrs from 25/09/1882 · Completed 1967

Data through 1 July 2026

Intro: 38 Chestnut Drive is a semi-detached house located along Chestnut Drive within District 23 with a 999-year lease commencing on 25 September 1882. It was completed in 1967. So far it has been transacted a total of 2 times, amounting to $3.5M+ in total.

D23OCRWestBukit Panjang
On this pageProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs

38 Chestnut Drive project details

Street
Chestnut Drive
Property Type
Semi-Detached
Completion
1967
Total Units
-1
Unit Size
4,567 sqft
Tenure
999 yrs from 25/09/1882
Lease Remaining
855 yrs
Postal Sector
67

MRT and LRT stations near 38 Chestnut Drive

  • Cashew564 m · MRTDT2
  • Hillview605 m · MRTDT3
  • Pending918 m · LRTBP8
See details on nearby stations

Primary schools near 38 Chestnut Drive

  • Chij Our Lady Queen Of Peace238 m
  • Bukit Panjang Primary School607 m
See details on nearby schools

38 Chestnut Drive price, PSF and transaction trends

0%
HDB Buyers
$3.5M+
Total Transacted
22-04-1997
First Transacted
15-08-2006
Last Transacted
2
Total Transactions

38 Chestnut Drive transaction volume

38 Chestnut Drive transaction volume000111997 · Resale: 119972006 · Resale: 12006
New SaleSub SaleResale

Among the latest 2 recorded sales for 38 Chestnut Drive, the median price was S$1,730,000 and the median PSF was S$379 psf. The newest record shown is from 15 August 2006. The annual project median was 35.2% lower in 2006 than in 1997; unit mix can affect year-to-year comparisons.

Recent 38 Chestnut Drive transactions

DateSale typePricePSFSize
15 August 2006ResaleS$1,360,000S$298 psf4,567 sqft
22 April 1997ResaleS$2,100,000S$460 psf4,567 sqft

38 Chestnut Drive median transaction PSF (S$)

38 Chestnut Drive median transaction PSF (S$)01503004506001997 · Median PSF: 46019972006 · Median PSF: 2982006

38 Chestnut Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2006S$1,360,000S$298 psf1
1997S$2,100,000S$460 psf1
0.0%
% Profitable
0
Profitable
1
Unprofitable
0
> 6% Annualized
9.3 yrs
Avg Holding
-$740,000
Total Profits

38 Chestnut Drive annualized profit %

38 Chestnut Drive annualized profit %-6.0%-4.5%-3.0%-1.5%0.0%2006 · Average Annualized Profit: -4.6%2006
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38 Chestnut Drive rental prices and estimated yield

Past 1 month
$3.31
Avg PSF Rental
4
No. of Rentals

Among the latest 12 recorded rental contracts for 38 Chestnut Drive, the median monthly rent was S$7,625, with records ranging from S$6,500 to S$13,000.

Recent 38 Chestnut Drive rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 July 2026—S$10,000S$2 psf5500-6000
1 July 2026—S$10,500S$4 psf2500-3000
1 February 2026—S$7,950S$4 psf2000-2500
1 January 2026—S$7,300S$4 psf1500-2000
1 October 2025—S$11,500S$5 psf2000-2500

38 Chestnut Drive rental volume

38 Chestnut Drive rental volume0510152019 · Rentals: 1020192020 · Rentals: 1120202021 · Rentals: 1520212022 · Rentals: 1220222023 · Rentals: 1020232024 · Rentals: 1020242025 · Rentals: 820252026 · Rentals: 42026
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Frequently asked questions about 38 Chestnut Drive

How much do units at 38 Chestnut Drive cost?

The latest 2 recorded sales show a median price of S$1,730,000 and a median of S$379 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 38 Chestnut Drive?

The latest recorded median monthly rent is S$7,625. Rental yield is indicative and can vary by unit and costs.

Is 38 Chestnut Drive freehold or leasehold?

38 Chestnut Drive has a tenure of 999 yrs from 25/09/1882.

When was 38 Chestnut Drive completed?

38 Chestnut Drive was completed in 1967.

Which MRT or LRT station is nearest to 38 Chestnut Drive?

Cashew is the nearest station shown, at an estimated straight-line distance of 564 metres.

Which primary schools are near 38 Chestnut Drive?

The primary schools shown within the page’s one-kilometre search are Chij Our Lady Queen Of Peace (238 m) and Bukit Panjang Primary School (607 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 July 2026. Figures are indicative and do not constitute financial advice.

Nearby properties within 1km

11 Jalan Pakis11 Jalan PakisDistrict 23Landed · 83 m away · Latest sale 3 December 202583 mAWAY17 Chestnut Gardens17 Chestnut GardensDistrict 23Landed · 123 m away · Latest sale 1 July 2025123 mAWAY80 Cashew Crescent (Cashew Villas)80 Cashew Crescent (Cashew Villas)District 23Landed · 201 m away · Latest sale 9 June 2025201 mAWAY102 Cashew Crescent (Cashew Villas)102 Cashew Crescent (Cashew Villas)District 23Landed · 230 m away · Latest sale 26 December 2025230 mAWAY68A Cashew Crescent (Cashew Villas)68A Cashew Crescent (Cashew Villas)District 23Landed · 238 m away · Latest sale 15 October 2025238 mAWAY33 Cashew Crescent (Cashew Villas)33 Cashew Crescent (Cashew Villas)District 23Landed · 271 m away · Latest sale 30 March 2026271 mAWAY
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