Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 16 CHESTNUT CLOSE

ML Indicative Values

ML Indicative Value: $23,479,500 [ (1,815 psf * 8,863 sqft) + $7,393,200 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $14,579,500
Net Indicative Capital Gain Today: $7,186,300
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $8,900,000
PSF $1,004
Last Transaction 22-Feb-2021

Property Details

Land Area8,863 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeGCB

Location

Postal Code679456
District23
Area NameCHESTNUT AVENUE

Planning Info

Planning AreaBukit Panjang
Planning RegionWest Region
Planning SubzoneDairy Farm

Land Registry

Mukim NumberMK16-00318P
Balance Lease999 Years
House TypeDetached House

GCB

GCB Yes

Regulatory

BCA InformationModification After Sale
BCA Total Cost $7,393,200
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 22-Feb-2021 $8,900,000 $1,004 8,863 Resale Detached House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeDetached House
TenureFreehold
Area8,863 sqft
22-Feb-2021

Resale

Purchased Price$8,900,000
PSF$1,004
Area8,863 sqft
08-Apr-2022

Planning Decision

SubmissionPROPOSED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT, AND SWIMMING POOL ON LOTS 00318P MK16 AT 16 CHESTNUT CLOSE (BUKIT PANJANG PLANNING AREA)
Decision Date08-Apr-2022
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP060122-58J2-Z000
01-Apr-2023

Permits to Commence Structural Works

Date01-Apr-2023
DescriptionPROPOSED NEW ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT AND SWIMMING POOL ON LOTS 00318P MK16 AT 16 CHESTNUT CLOSE (BUKIT PANJANG PLANNING AREA) ON LOT 00318P MK16 AT
Cost $7,393,200 6MONTH(S)
BuilderHOLDEN TILING & CONSTRUCTION PTE LTD
ArchitectGOH CHONG CHIA
03-Apr-2024

Planning Decision

SubmissionPROPOSED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT, AND SWIMMING POOL ON LOTS 00318P MK16 AT 16 CHESTNUT CLOSE (BUKIT PANJANG PLANNING AREA)
Decision Date03-Apr-2024
Decision TypeWritten Permission
Apply TypeExtension of Written Permission for Erection of New Building
Decision NoP060122-58J2-E011
26-Sep-2024

Planning Decision

SubmissionPROPOSED AMENDMENT TO THE APPROVED ERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT AND SWIMMING POOL ON LOTS 00318P MK16 AT 16 CHESTNUT CLOSE (BUKIT PANJANG PLANNING AREA)
Decision Date26-Sep-2024
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP060122-58J2-A011
17-Mar-2025

Temporary Occupation Permits Issued

CSC No202593790
Date17-Mar-2025
DescriptionERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT AND SWIMMING POOL ON LOTS 00318P MK16 AT 16 CHESTNUT CLOSE (BUKIT PANJANG PLANNING AREA)
Floor Area0
Cost $0
ArchitectGOH CHONG CHIA
10-Nov-2025

Certificates Of Statutory Completion

CSC No202597076
Date10-Nov-2025
DescriptionERECTION OF A 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH ATTIC, BASEMENT AND SWIMMING POOL ON LOTS 00318P MK16 AT 16 CHESTNUT CLOSE (BUKIT PANJANG PLANNING AREA)
Floor Area0
Cost $0
ArchitectGOH CHONG CHIA
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Detached House
Tenure: Freehold
Latest Contract Date: 22-Feb-2021
Area: 8,863 Sqft
$8,900,000 $1,004
Price Index $1,815 $1,815
House Adjustment 0
BCA Cost $7,393,200
ML Indicative Valuation $23,479,500
Gross Indicative Capital Gain Today $14,579,500

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 620m 48 62.0% 77 Not Applicable Not Applicable Not Applicable 0
2 CHIJ Our Lady Queen of Peace Bukit Panjang 4 Chestnut Drive, S679287 671m 129 100.0% 80 Not Applicable Not Applicable Not Applicable 12
3 Zhenghua Primary School Bukit Panjang 9 Fajar Road, S679002 1.2km Not Applicable Not Applicable Not Applicable 10 100.0% 4 4
4 Beacon Primary School Bukit Panjang 36 Bukit Panjang Ring Road, S679944 1.6km Not Applicable Not Applicable Not Applicable 71 100.0% 12 59
5 Greenridge Primary School Bukit Panjang 11 Jelapang Road, S677744 1.9km Not Applicable Not Applicable Not Applicable 64 100.0% 8 56
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
11 CHESTNUT CLOSE 8,976 $13,000,000 ($1,448 Psf) 05-Sep-2025 $17,314,440 ($1,815 Psf) Yes / Modification Before Sale 1,023,000 View
14 CHESTNUT CLOSE 11,283 $14,188,888 ($1,258 Psf) 12-Nov-2024 $19,233,143 ($1,421 Psf) Yes / Modification After Sale 3,200,000 View
7 CHESTNUT CLOSE 5,999 $7,268,000 ($1,212 Psf) 26-Jan-2023 $14,512,161 ($1,839 Psf) Yes / Modification After Sale 3,480,000 View
6 CHESTNUT CLOSE 22,472 $29,300,000 ($1,304 Psf) 21-Mar-2022 $42,017,016 ($1,803 Psf) Yes / Modification After Sale 1,500,000 View
16 CHESTNUT CLOSE 8,863 $8,900,000 ($1,004 Psf) 22-Feb-2021 $23,479,545 ($1,815 Psf) Yes / Modification After Sale 7,393,200 View
5 CHESTNUT CLOSE 5,999 $5,240,000 ($873 Psf) 20-Oct-2010 $11,974,161 ($1,839 Psf) Yes / Modification After Sale 942,000 View
18 CHESTNUT CLOSE 3,795 $2,500,000 ($659 Psf) 28-Aug-2008 $8,321,990 ($2,122 Psf) Yes / Modification After Sale 269,000 View
2 CHESTNUT CLOSE 7,619 $2,900,000 ($381 Psf) 02-Jan-2001 $13,919,962 ($1,798 Psf) Yes / Modification Before Sale 221,000 View
9 CHESTNUT CLOSE 5,999 $1,800,000 ($300 Psf) 01-Apr-1999 $11,308,161 ($1,839 Psf) Yes / Modification After Sale 276,000 View
1 CHESTNUT CLOSE 8,747 $4,408,488 ($504 Psf) No Tran Since 1995 $16,269,058 ($1,814 Psf) Yes / Modification After Sale 402,000 View
Showing 1–10 of 15 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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