60 Chestnut Avenue, Singapore 679517; 62 Chestnut Avenue, Singapore 679518; 64 Chestnut Avenue, Singapore 679519; 66 Chestnut Avenue, Singapore 679520; 68 Chestnut Avenue, Singapore 679521
Tree House is Chestnut Avenue’s landmark address: a Guinness World Record vertical garden facade on a 429-unit estate that trades at a median $1,548 psf, well under the $1,819 psf the newer tower up the road now commands. CDL and Hong Leong completed the 99-year leasehold project in 2013 across 4 blocks of 24 storeys, and the record wall still gives the estate an identity no marketing budget could buy.
There is no MRT or LRT station within 1km of Tree House. Stated plainly: the record shows nothing inside the standard proximity band, so this is a drive or feeder-bus estate, not a walk-to-rail one.
Two primary schools sit within the 1km priority band: Bukit Panjang Primary School and CHIJ Our Lady Queen of Peace, both a genuine walk from the towers. Under MOE’s P1 registration framework, home-school distance decides ballot priority in the later phases, so that 1km band carries real weight. Our P1 registration guide walks through the phases in full.
On scale, Tree House holds 429 units across 18 stacks, with the recorded mix running 120 two-bedders, 236 three-bedders, 70 four-bedders and 3 five-bedders. That skews the estate toward families, and the vertical garden wraps the west-facing stacks that back onto Chestnut Nature Park.
On tenure, the 99-year lease runs from 23 November 2009, which leaves roughly 82 years as of 2026. That is a comfortable clock for a family purchase, and the price sections below show what the market is currently paying for it.
| UNIT TYPE | TOTAL | SIZES | UNIT MIX | FLOORPLANS |
|---|---|---|---|---|
| 2 Bedroom | 120 | 743 - 1,098 | 27.97% | |
| 3 Bedroom | 236 | 1,152 - 2,024 | 55.01% | |
| 4 Bedroom | 70 | 1,410 - 1,959 | 16.32% | |
| 5 Bedroom | 3 | 2,917 | 0.70% | |
| Overall | 429 | 743 - 2,917 | 100.00% |
Dairy Farm subzone holds 13 projects and about 4,012 units, and it prices in two clear tiers: the pre-2016 estates, Tree House among them, and the 2023-onward generation next door. The 4 sections below put numbers on where Tree House sits in that split.
Most Tree House resale transactions fall between $1,481 and $1,622 psf, with a median of $1,548 psf. That covers 21 transactions recorded with URA across 2025 and 2026, what units actually sold for, not asking prices.
The structural gap explains it. Over the same period, Dairy Farm Residences (TOP 2023) traded at a median $1,819 psf, The Skywoods (2016) at $1,698 psf, and The Dairy Farm (freehold, 1985) at $1,656 psf. Foresque Residences (2014) sits closest at $1,595 psf, with Tree House pricing just under it as the oldest 99-year tower in the row.
Recent prints, drawn from the URA record: a 1,248.6 sqft unit on the 11th to 15th floor at $2.03M, a 1,410.1 sqft unit at $2.2M, and an 742.7 sqft unit at $1.0M. The 2026 prints so far run up to $1,653 psf, close to the top of the 2-year band.
Eyeing a specific stack? We pull the latest transactions for that stack before you offer, honest advice, no pressure. WhatsApp us
The size ladder we hold, priced at the $1,548 psf median, covers 2-bedders only: 743 to 990 sqft, running from about $1.15M to $1.53M. Within that band, one 807 sqft layout adds a study and one 861 sqft layout pairs a study with a single bath, so the smaller footprints are not all identical.
The 236 three-bedders, 70 four-bedders and 3 five-bedders that make up most of the estate’s 429 units are not in our floorplan record, so no sizes or prices for those formats appear on this page. That gap is left unfilled rather than estimated.
Supply: the Dairy Farm subzone holds 13 projects totalling about 4,012 units. Since Tree House completed in 2013, the subzone has added Foresque Residences (2014), The Skywoods (2016) and Dairy Farm Residences (2023), and three more are under construction: The Botany at Dairy Farm (386 units, TOP 2026), Narra Residences (540 units, TOP 2029) and a Dairy Farm Walk site (530 units, TOP 2030). This is an actively growing subzone, not a finished one.
Demand: Bukit Panjang town holds about 30,787 four-room, five-room and executive HDB flats already past their Minimum Occupation Period, a large ready pool of upgraders. The math works: over the last 12 months the median Bukit Panjang 4-room resale sold for $570,000 and the median 5-room for $699,000, so a paid-up flat covers close to half the quantum of an entry unit here.
Rental: across the last 18 months, 76 leases were signed at Tree House: 28 for 2-bedders at a median $3,325 a month, 40 for 3-bedders at $5,000, and 8 for 4-bedders at $5,700. On the 2-bedroom line, where we have both size and rent data, gross yields run about 2.6 to 3.5% depending on the exact unit size.
The honest take: there is no MRT or LRT inside 1km, the estate is entering its second decade so renovation budgets should be part of any offer, and 82 years of lease is comfortable but still worth checking against your own exit year. Our rental yield guide covers how we read the letting numbers, and the URA Master Plan shows the three projects still coming to this subzone.
Bukit Panjang HDB upgraders working with a paid-up flat, families balloting for Bukit Panjang Primary or CHIJ Our Lady Queen of Peace, and buyers who want genuine forest surroundings and a landmark facade over a station at the door. The 3-bedroom core, 230 of the 429 units, suits family occupiers more than investors chasing the smallest quantum.
Buyers who need rail access should look elsewhere, since no station falls within 1km. Buyers who want the newest product in the same subzone are better served by Dairy Farm Residences now, or Narra Residences and The Botany at Dairy Farm once they complete, all at new-launch pricing well above this resale band.
Thinking about Tree House?
Before you offer, speak to us. We will run the stack you are eyeing against the latest transactions and give you an honest read, no pressure either way. WhatsApp us
Tree House has 4 blocks of 24 storeys.
Tree House rises 24 storeys across 4 blocks.
Tree House has 429 residential units.
Tree House offers 2 Bedroom (743 to 1,098 sqft), 3 Bedroom (1,152 to 2,024 sqft), 4 Bedroom (1,410 to 1,959 sqft), 5 Bedroom (2,917 sqft).
The floor plans we hold for Tree House are shown on this page. For the full set, a specific stack, or an unblocked-facing recommendation, WhatsApp us and we’ll send them over.
Tree House sits on a site of about 22,700 sqm (roughly 244,300 sqft).
Tree House is 99-year leasehold (lease from Nov 2009).
No, Tree House is a 99-year leasehold development (lease from Nov 2009).
Tree House is developed by City Developments and Hong Leong Group (JV).
Tree House is at 60 Chestnut Avenue, Singapore 679517 – about 900m from Pending MRT (BP8).
Tree House is in District 23 (Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang), in the Outside Central Region (OCR).
The nearest MRT is Pending (BP8), about 900m away.
Schools within 1km of Tree House: Bukit Panjang Primary School, CHIJ Our Lady Queen of Peace.
Primary schools within 2km of Tree House: Bukit Panjang Primary School, CHIJ Our Lady Queen of Peace, Beacon Primary School and Zhenghua Primary School. Of these, Bukit Panjang Primary School and CHIJ Our Lady Queen of Peace fall inside the 1km P1 registration radius. Secondary options nearby include Greenridge Secondary School.
Shopping malls within about 2km of Tree House include Dairy Farm Mall, HillV2 Mall, Fajar Shopping Centre, Hillion Mall and Bukit Panjang Plaza.
Yes – parks within about 2km of Tree House include Bukit Panjang Park, Chestnut Close Playground, Chestnut Point, Cashew Crescent Fitness Corner and Cashew Link Playground.
Based on transactions in the last 12 months, PSF ranges from about $1,346 to $1,653.
Based on recent transactions, 2 Bedroom units start from about $1.16M, 3 Bedrooms from about $1.93M.
Tree House has seen average rental yields of about 3.2% based on recent transactions, and the nearest MRT, Pending (BP8), is about 900m away. As with any OCR project, your entry price matters more than the address – speak to us for a detailed breakdown before committing.
Tree House is a good fit for school-focused families – Bukit Panjang Primary School, CHIJ Our Lady Queen of Peace are within 1km.
Tree House is a 99-year leasehold condominium in District 23 developed by City Developments and Hong Leong Group (JV), HONG LEONG, comprising 429 units across 4 blocks. It obtained TOP in 2013.
Tree House obtained TOP in 2013.
Tree House is fully completed – TOP was obtained in 2013. Units are now available on the resale market.
Yes. Foreigners can buy Tree House because it is a private residential development. Foreigners pay 60% Additional Buyer’s Stamp Duty (ABSD) on top of the purchase price.
Tree House is a completed development, so there is no showflat. Viewings of available resale units can be arranged with our sales team.
You can book a viewing with our appointed sales team:
Kelvin Sin 9722 2222
Chew Peixuan 9101 5301
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