Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 98 CHESTNUT DRIVE

ML Indicative Values

ML Indicative Value: $25,270,000 [ (1,797 psf * 11,384 sqft) + $4,813,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $18,007,000
Net Indicative Capital Gain Today: $13,194,000
Asking Price
$23,700,000
Asking PSF: $2,082
Premium Verified
Listing TypeSingle-Agent Listing
Posted Times54 time(s)
First Posted25-Oct-2024
Last Posted11-Aug-2026
Agent Jolyn Lim (R014227E)
AgencyERA REALTY NETWORK PTE LTD
Time On Market
1 year 11 months 29 days · Based on first posted date
View Listing Details
Probable Settlement Price
$24,485,024

Transaction Info

Transaction Amount $7,263,000 (Indicative PSF of 1995)
PSF $638 (Indicative PSF of 1995)
Last Transaction SLA digital data from 1995. Earlier transactions not collected.

Property Details

Land Area11,384 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeGCB

Location

Postal Code679322
District23
Area NameCHESTNUT AVENUE

Planning Info

Planning AreaBukit Panjang
Planning RegionWest Region
Planning SubzoneDairy Farm

Land Registry

Mukim NumberMK16-00246P
Balance Lease999 Years
House TypeDetached House

GCB

GCB Yes

Regulatory

BCA InformationModification After Sale
BCA Total Cost $4,813,000
Planning DecisionYES

Past Sale Transactions

No transaction history found for this property.

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeDetached House
TenureFreehold
Area11,384 sqft
08-Apr-1998

Planning Decision

SubmissionPROPOSED ADDITIONS & ALTERATIONS TO THE EXISTING 2-STOREY DETACHED DWELLING HOUSE
Decision Date08-Apr-1998
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP040498-06B1-Z000
30-Sep-2002

Planning Decision

SubmissionPROPOSED ADDITION/ ALTERATION TO THE EXISTING 2 STOREY DETACHED DWELLING HOUSE
Decision Date30-Sep-2002
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP120902-23C1
01-Nov-2002

Permits to Commence Structural Works

Date01-Nov-2002
DescriptionA/A TO EXTG HSE LOT 246 MK16 @ 98 CHESTNUT DR
Cost Less than S$10m
BuilderIN-DECOR BUILDER & ENGINEERING PTE LTD
ArchitectSOH CHIP LEONG ARCHITECTS
16-Jun-2003

Planning Decision

SubmissionPROPOSED AMENDMENT TO APPROVED ADDITION / ALTERATION TO THE EXISTING 2-STOREY DETACHED DWELLING HOUSE
Decision Date16-Jun-2003
Decision TypeWritten Permission
Apply TypeAmendment to Addition/Alteration to Landed Housing
Decision NoP120902-23C1-A011
25-Oct-2007

Planning Decision

SubmissionADDITION & ALTERATION TO THE EXISTING 2-STOREY DETACHED DWELLING HOUSE
Decision Date25-Oct-2007
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP280907-06F1-Z000
08-Nov-2016

Planning Decision

SubmissionPROPOSED ERECTION OF A 2-STOREY ENVELOPE CONTROL GOOD CLASS BUNGALOW WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE (BUKIT PANJANG PLANNING AREA)
Decision Date08-Nov-2016
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP020816-01D2-Z000
01-Jun-2017

Permits to Commence Structural Works

Date01-Jun-2017
DescriptionPROPOSED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE (BUKIT PANJANG PLANNING AREA) AT 98 CHESTNUT DRIVE
Cost $4,813,000 20MONTH(S)
Builder
ArchitectLEONG KEEN CHONG
01-Jun-2017

Permits to Commence Structural Works

Date01-Jun-2017
DescriptionPROPOSED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE (BUKIT PANJANG PLANNING AREA) AT 98 CHESTNUT DRIVE
Cost $4,800,000 3MONTH(S)
Builder
ArchitectLEONG KEEN CHONG
10-May-2019

Planning Decision

SubmissionEXTENSION OF WRITTEN PERMISSION FOR APPROVED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE (BUKIT PANJANG PLANNING AREA)
Decision Date10-May-2019
Decision TypeWritten Permission
Apply TypeExtension of Written Permission for Erection of New Building
Decision NoP020816-01D2-E011
14-May-2019

Planning Decision

SubmissionPROPOSED AMENDMENT TO APPROVED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE (BUKIT PANJANG PLANNING AREA)
Decision Date14-May-2019
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP020816-01D2-A011
23-Aug-2019

Temporary Occupation Permits Issued

CSC No201968275
Date23-Aug-2019
DescriptionERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE
Floor Area1500.48
Cost $4,813,000
ArchitectLEONG KEEN CHONG
19-Jun-2020

Certificates Of Statutory Completion

CSC No202071750
Date19-Jun-2020
DescriptionERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT & SWIMMING POOL ON LOT 00246P MK 16 AT 98 CHESTNUT DRIVE
Floor Area1500
Cost $4,813,000
ArchitectLEONG KEEN CHONG
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Detached House
Tenure: Freehold
Latest Contract Date: No Transaction Since 1995
Area: 11,384 Sqft
$7,262,992 $638
Price Index $1,797 $1,797
House Adjustment 0
BCA Cost $4,813,000
ML Indicative Valuation $25,270,000
Gross Indicative Capital Gain Today $18,007,008

Nearby MRT / Train Stations

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Predictive Vacancy for 2026
# School Name Area Address Distance 2C 2C (%) Registration(2C) 2CS 2CS (%) Registration(2CS) Phase 3
1 Bukit Panjang Primary School Bukit Panjang 109 Cashew Road, S679676 366m 48 62.0% 77 Not Applicable Not Applicable Not Applicable 0
2 CHIJ Our Lady Queen of Peace Bukit Panjang 4 Chestnut Drive, S679287 700m 129 100.0% 80 Not Applicable Not Applicable Not Applicable 12
3 Zhenghua Primary School Bukit Panjang 9 Fajar Road, S679002 971m 66 100.0% 59 Not Applicable Not Applicable Not Applicable 4
4 Beacon Primary School Bukit Panjang 36 Bukit Panjang Ring Road, S679944 1.4km Not Applicable Not Applicable Not Applicable 71 100.0% 12 59
5 Greenridge Primary School Bukit Panjang 11 Jelapang Road, S677744 1.7km Not Applicable Not Applicable Not Applicable 64 100.0% 8 56
6 West View Primary School Bukit Panjang 31 Senja Road, S677742 1.9km Not Applicable Not Applicable Not Applicable 28 100.0% 8 11
7 West Spring Primary School Bukit Panjang 60 Bukit Panjang Ring Road, S679946 2.1km Not Applicable Not Applicable Not Applicable 13 100.0% 3 13
Legal Requisition for this house
Legal Requisition Along the street
No properties found on this street.
Machine Learning Valuation Price

Street ML Valuations Map

ML = Machine Learning Valuation

Street Transactions & Valuations

Address Sqft Purchased Price Transaction Date Valuation Price Planning Decisions/BCA BCA Cost View
104 CHESTNUT DRIVE 10,695 $15,650,000 ($1,463 Psf) 06-May-2025 $19,903,865 ($1,807 Psf) Yes / Modification Before Sale 578,000 View
57 CHESTNUT DRIVE 17,184 $25,000,000 ($1,455 Psf) 05-Aug-2024 $30,931,200 ($1,800 Psf) Yes / Modification Before Sale 0 View
67 CHESTNUT DRIVE 14,526 $15,500,000 ($1,067 Psf) 23-Feb-2024 $33,301,540 ($1,790 Psf) Yes / Modification Before Sale 7,300,000 View
85 CHESTNUT DRIVE 15,599 $21,080,000 ($1,351 Psf) 27-Jun-2022 $28,878,200 ($1,800 Psf) Yes / Modification After Sale 800,000 View
75 CHESTNUT DRIVE 7,152 $9,300,000 ($1,300 Psf) 19-Sep-2021 $13,767,488 ($1,819 Psf) Yes / Modification Before Sale 758,000 View
51 CHESTNUT DRIVE 18,442 $23,700,000 ($1,285 Psf) 23-Jul-2021 $33,414,042 ($1,801 Psf) Yes / Modification After Sale 200,000 View
42 CHESTNUT DRIVE 4,268 $3,830,000 ($897 Psf) 24-Aug-2018 $10,271,384 ($1,938 Psf) Yes / Modification After Sale 2,000,000 View
46 CHESTNUT DRIVE 3,870 $3,900,000 ($1,008 Psf) 02-May-2017 $8,010,900 ($2,070 Psf) Yes / Modification Before Sale 0 View
37 CHESTNUT DRIVE 6,272 $4,900,000 ($781 Psf) 24-Mar-2017 $11,055,960 ($1,680 Psf) Yes / Modification After Sale 519,000 View
81 CHESTNUT DRIVE 9,060 $5,250,000 ($579 Psf) 15-May-2008 $17,340,900 ($1,815 Psf) Yes / Modification After Sale 897,000 View
Showing 1–10 of 40 entries
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Asking Price vs ML Valuation

Asking Price vs ML Valuation Map

Asking Price above ML (overpriced) Asking Price at/below ML
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