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999-Year LeaseholdTenanted to Sep 2027Private Lift & Pool
District 23 · 999-Year Leasehold Landed · Bukit Panjang / Dairy Farm

Cashew Green

One of only two homes left in a 999-year landed enclave — private lift, private pool, already tenanted, with Cashew MRT nine minutes on foot.

S$9,638,000FEO list price · ~S$2,100 psf land · land 4,590 sqft · built-up 6,437 sqft
Tenanted to 2 Sep 2027 in-place tenancy999-yr from 1883 leasehold2 of 19 homes left

📄 Download fact sheet (PDF)

Cashew Green
999-year leasehold
Tenure
Estimated 31 Dec 2022
TOP
4,590 sqft
Land
6,437 sqft
Built-up
RDC Architects Pte Ltd
Architect
Private lift & pool
Facilities

Tenure = how long you legally own the property (e.g. Freehold, or a 99-year lease). TOP = Temporary Occupation Permit, the date the building is legally ready to move into.

S$9,638,000Cashew Green
What makes it rare

Why this one

Why the address

Why the address

Bukit Panjang Primary is right on the doorstep — about 100m away — with Zhenghua Primary and CHIJ Our Lady Queen of Peace both also inside 1km. Four more primaries sit within 2km. Official 2025 MOE Phase 2C data: Bukit Panjang Primary itself DID ballot in 2025 (78 applied for 61 places) despite the near-zero distance — proximity alone doesn't guarantee a place, so confirm the current year's numbers on MOE SchoolFinder before relying on it. The other six schools did not ballot in 2025.

Schools — within 1 km (MOE priority)
Bukit Panjang Primary School↗0.10 km
Zhenghua Primary School↗0.72 km
CHIJ Our Lady Queen of Peace↗0.77 km
Schools — 1–2 km
Beacon Primary School↗1.28 km
Greenridge Primary School↗1.46 km
West View Primary School↗1.63 km
West Spring Primary School↗1.85 km
Transport
Cashew MRT (DT2, Downtown Line)↗0.7 km · ~9 min walk
Malls
Dairy Farm Mall ★3.6↗1.0 km
Hillion Mall ★4.2↗1.0 km
Bukit Panjang Plaza ★4.2↗1.0 km
Fajar Shopping Centre ★3.8↗1.2 km
The Rail Mall ★4.1↗1.7 km
Groceries
Giant Express — Bangkit Blk 256 ★3.6↗0.7 km
FairPrice, Hillion Mall ★4.2↗1.0 km
Sheng Siong Supermarket ★4.3↗1.2 km
Cold Storage, The Rail Mall ★4.2↗1.5 km
Cafes & eateries
The ART (Assumption Restaurant for Training) ★4.5↗0.5 km
Kim San Leng Food Centre ★3.8↗0.6 km
Great Nanyang Heritage Cafe, Hillion Mall ★4.6↗1.0 km
Parks & nature
Chestnut Nature Park ★4.5↗1.3 km
Hindhede Nature Park ★4.5↗2.7 km
Bukit Batok Nature Park ★4.5↗2.8 km
Bukit Timah Nature Reserve ★4.6↗2.8 km

Tap a category to see just those pins on the map.

OneMap-routed distances/times; ratings via Google Places, indicative and subject to change. School distances follow MOE's 1km/2km basis — confirm the exact block on MOE's school-home distance tool.

School balloting — would they get a place? (MOE 2025 P1, Phase 2C)
SchoolDistBandApplied / placesOutcome
Bukit Panjang Primary School0.10 km1km78 / 61Balloted
Zhenghua Primary School0.72 km1km50 / 62No ballot
CHIJ Our Lady Queen of Peace0.77 km1km89 / 132No ballot
Beacon Primary School1.28 km2km38 / 107No ballot
Greenridge Primary School1.46 km2km27 / 87No ballot
West View Primary School1.63 km2km32 / 61No ballot
West Spring Primary School1.85 km2km40 / 63No ballot

Official MOE 2025 P1 Phase 2C — applicants vs places. Bukit Panjang Primary (the closest, ~100m away) DID ballot — 78 applied for 61 places — so distance priority narrowly, not automatically, secures a place. The other six schools listed did not ballot in 2C 2025. Confirm the current exercise on MOE SchoolFinder. Check live on MOE SchoolFinder ↗

The numbers that matter

What you'll actually pay

Purchase priceFEO list price; developer discounts may apply - ask Andrea
S$9,638,000
Buyer's Stamp Dutyresidential scale
≈ S$517,880
ABSDvaries by buyer profile — see estimator
see estimator
Indicative all-in + legal/valuation
≈ S$10.16M+ (BSD only, SC 1st property shown; ABSD varies by buyer profile)

Stamp-duty estimator

Residential ABSD swings with buyer profile — Citizen 2nd property 20%, foreigner 60%. Owner-occupied vs rented also changes your property tax (below).

Verify on the official IRAS calculator ↗

Indicative only — confirm stamp duty, GST & apportionment with your lawyer / IRAS.

Price evidence

Recent comparable sales

Actual caveats near the subject — verify on URA REALIS.
Recent District 23 landed sales (URA REALIS)SoldTenurePricepsf (land)
Cashew Green, Cashew Road ~1,937 sqft land · TerraceMar 2023999-yr (from 1883)S$4.62MS$2,385
Cashew Villas, Cashew Crescent ~1,763 sqft land · TerraceOct 2025999-yr (from 1883)S$4.50MS$2,552
Phoenix Heights, Phoenix Garden ~3,520 sqft land · Semi-DetachedJul 2026FreeholdS$8.00MS$2,273
Pavilion Park, Pavilion Street ~1,615 sqft land · TerraceJul 2026FreeholdS$4.69MS$2,904

Actual transacted caveats, District 23 (URA REALIS — verify). Cashew Green's own last recorded sale was a sub-sale in Mar 2023. Land sizes vary a lot between projects and unit types (inter-terrace vs corner terrace vs semi-detached), so treat this as market context, not a direct like-for-like comparison — per the landed-PSF rule, this is never presented as a 'this unit is above/below the market' claim.

A few questions worth asking

Here's the data. The conclusion is yours.

Last of its kind
2 of 19 homes — the rest are gone

Seventeen of Cashew Green's 19 homes have already sold. Once these two go, this floor plan in this enclave doesn't come back. How many more chances will there be?

Income from day one
Tenanted to 2 Sep 2027

No vacancy period to underwrite, no re-letting cost to budget for — the tenancy carries straight through. What's a landed home with a cold-start vacancy risk worth against one that doesn't have it?

Built, not promised
TOP since 2022 — no building wait

This home has stood since 2022, tenanted and generating income the whole time — no 2–3 year construction wait, no build-cost overrun risk. It's already done.

A rare walk to the MRT
Cashew MRT ~9 min on foot

Very few landed homes in Singapore sit genuinely walkable to an MRT station. Cashew Green does — what does that do for resale demand versus a landed home reachable only by car?

Figures indicative and sourced (URA REALIS caveats; OneMap; Far East Organization's own Cashew Green marketing page; MOE 2025 P1 data). Historical / announced only — not a forecast, an assurance of returns, or financial advice. Verify independently.

Income & outgoings

What it earns — and what it costs to hold

Tenancyruns to 2 Sep 2027
Property tax — owner-occupiedlower tier, 0–6% of AV
Property tax — rented / investmentⓥhigher tier, 12–36% of AV

Residential property tax is tiered on Annual Value and materially higher when rented than owner-occupied. Confirm AV & rates with IRAS.

Yield basis (CEA): gross yield = annual rent as stated above (passing or projected, per the stated basis) ÷ the stated asking price; net yield is after property tax (a flat 10% of Annual Value), MCST/service charge and outgoings. These are historical/indicative, not a forecast or a guarantee of return — verify the tenancy and the IRAS Annual Value independently before relying on them.

Straight talk

Objections, turned around

The real number, what it means here, and the question it leaves you with.

"What if this becomes my 2nd property later?"
A Singapore Citizen's 2nd residential property at this price pays S$1,927,600 in ABSD (IRAS rates as of 2026-10-21).
Does that change when you'd want to buy again?
Straight answers

The questions buyers actually ask

Including the trade-offs — buy with eyes open.
Is it tenanted?
Yes — tenanted until 2 September 2027, so there's no vacancy period to manage before then.
Is this really 'detached'?
Cashew Green's 19 homes are officially a mix of Inter-Terrace, Corner Terrace and Semi-Detached — there's no separate 'Detached' category in the development. This home is best described as a landed home in that mix rather than a technically 'Detached' house; confirm the precise classification with your agent before relying on the label.
Why is it priced above the district land-psf median?
District 23's broader Terrace/Semi-Detached land psf medians (URA transactions, last 24 months) sit lower than this asking. The premium here reflects what a landed home rarely offers together: a private lift and pool in every unit, a near-freehold 999-year tenure, an MRT station about 9 minutes on foot, and only 2 of 19 homes left. PSF alone doesn't capture any of that — land size, facing, condition and scarcity all move landed pricing more than a single average can.
How solid is the 999-year tenure?
URA REALIS records Cashew Green's land lease as 999 years commencing 1883 — a colonial-era grant. In practical terms it behaves like freehold: no meaningful lease decay to price in, and no CPF-usage or bank-loan tenure restrictions the way a shorter leasehold would carry. Confirm the exact tenure on the title before exercising.
What about the second, larger unit?
A larger corner-style option is also available in the same enclave — land ~5,895 sqft, built-up ~6,900 sqft, same private lift and pool, tenanted till 29 May 2027, S$12,380,000 (FEO list price). Ask Andrea for the full numbers on both.

Straight answers, including the gaps still to confirm — the full numbers pack goes deeper. Verify tenure on title and school eligibility on OneMap/MOE before relying on them.

Continue exploring

Also available

Not quite the one? A few more from the current collection in a similar bracket — happy to walk you through any of them.

Your agent

Andrea Goh

I checked this against official URA and OneMap data before writing a word — including flagging where the brief's own facts (like the unit type and the passing rent) still need confirming. You get the numbers and the gaps, honestly, so you decide with facts.

PropNex Realty Pte Ltd (Licence No. L3008022J) · CEA R000289H

WhatsApp 9693 7787
How this listing was prepared

Priced and checked against official data

✔
Transacted compsBenchmarked to real caveats.
✔
Stamp duty modelledBSD, ABSD & GST set out up front.
✔
Official public dataURA Master Plan, LTA, OneMap & data.gov.sg.
✔
Verified salespersonSearch 9693 7787 on the CEA Public Register.
The buying roadmap

What happens — and what you pay, when

For buyers who haven't transacted before: the resale journey, stage by stage.

1
Option to Purchase (OTP)
Day 0
1%option fee
2
Exercise the OTP
Within ~14–21 days
+4%deposit to 5%
3
Stamp duty (BSD + ABSD)
Within 14 days of exercising
BSD + ABSDsee estimator
4
Completion
~8–12 weeks
~90–95%loan + CPF/cash
Haven't got your loan In-Principle Approval? Get the IPA first so your offer is real — I'll connect you to a banker. Arrange my IPA

💾 Download fact sheet (PDF)

Indicative for a residential resale purchase. Confirm with your lawyer.

AG
Andrea Goh · PropNex Realty Pte Ltd (Licence No. L3008022J) · CEA R000289H
Priced and checked against official URA data — transacted comparables, stamp duty, and (where applicable) per-level approved use. No lead auction.
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Before you decide
→ Stamp duty on this price→ Instalment at today's rate→ How much can I borrow?→ Buyer guide→ Buyer checklist

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