GrowKaki.

Hillbrooks

Hillview Avenue · District 23 · Outside Central Region (OCR) · Freehold

Hillbrooks is a condominium development in District 23 (OCR). Based on 49 URA-recorded transactions from 20212026, its median price is $1,600,000, with prices moving about 3.7%/yr and a gross rental yield near 2.6%.

The verdict · for an investor

Hillbrooks · Condominium · District 23 · Freehold

Hillbrooks is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 11 min on foot; 2 supermarkets, 2 food & retail spots nearby.
  • Rentable~2.6% gross yield; transport nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +21.6%, 3-bed +19.8% since 2021.
  • Inside Jurong Lake District — a government-committed long-term catalyst.

What's holding it back

  • No Primary-1 priority school within 1km.
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $1.91M, not an easy first step.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

2.6%

gross, on this project

Priced vs nearby

Above 1 of 7

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,430/sqft
9 sold here

What 1,098 sqft (4-bed) units go for here

$1.48Mmiddle ~$1.57M$1.66M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,098 sqft sales

Oct 20241,098 sqft · fl 06-10$1.73M$1,576 psf
Apr 20241,098 sqft · fl 01-05$1.66M$1,507 psf
Sep 20231,098 sqft · fl 01-05$1.69M$1,538 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $3.35 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
2.8% gross yield
Middlingtypical for prime Singapore. The rent offsets some cost, but the returns ride on price growth, not yield. At a typical 75% loan, the rent covers ~67% of the mortgage — you’d top up ~$1,800/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.57M

Aim at the middle or below. A patient buyer has been getting closer to $1.52M.

If you’re selling

~$1.64M

List at the top of fair; realistic close is $1.57M–$1.59M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$2.26M
Paper gain+$0.69M

Our blunt read: ~$688k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.7%/yr), and past pace never promises the future.

Built from URA transactions for Hillbrooks — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Hillbrooks

Outside Central Region (OCR) · District 23 · ~$1,517 psf · 2.6% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Hillbrooks, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$1,517 psf, Hillbrooks is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~3.7%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Hillbrooks)

Holds prices back

Hillbrooks's own prices have softened — about -3% in the latest year.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,591 units, from 2030).

1.6k units
New launches selling

Supports prices

New launches in this district are selling well — 7 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents at this project

Holds prices back

Rents at Hillbrooks have slipped ~6% over the last couple of years — weaker support if you rent it out.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,517 psf is ~12% below similar nearby projects (~$1,731). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Hillbrooks has grown ~3.7%/yr over ~5 years. Similar nearby: Sol Acres 7.8%, Lumina Grand 5.7%, Dairy Farm Residences 0.2%, The Myst 3.8%, The Botany At Dairy Farm 3.3% — a 0.27.8%/yr spread (most around 3.8%).

market ~4.6%
Hillbrooks 3.7%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~3.7%/yr, ~$1,754/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~3.7%/yr pace.
Best case:if it ran like its best neighbour (Sol Acres, ~7.8%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,600,000

2021–2026 (URA)

Appreciation

3.7%/yr

median trend

Gross yield

2.6%

~$3.35/psf rent

Lease

Freehold

Hillbrooks median price per sqft, by year

2021$1,277 psf
2022$1,343 psf+5.2%
2023$1,495 psf+11.3%
2024$1,501 psf+0.4%
2025$1,560 psf+3.9%
2026$1,517 psf-2.8%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Hillbrooks fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Hillbrooks

Questions people ask about Hillbrooks

Is Hillbrooks freehold or leasehold?

Hillbrooks is a freehold development in District 23 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does Hillbrooks cost per square foot?

Recent transactions at Hillbrooks are around $1,517 psf. Across its record, transacted prices range from $895,000 to $2,500,000.

Which primary schools are near Hillbrooks?

Within 1–2 km: Lianhua Primary School, Chij Our Lady Queen Of Peace, Dazhong Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Hillbrooks?

The nearest MRT is Hillview MRT, about 700 m away (straight-line).

Has Hillbrooks gone up in value?

Across 49 URA-recorded transactions (2021–2026), prices at Hillbrooks have moved about 3.7% a year on average, with a gross rental yield near 2.6%. That is a past record, not a forecast.

What condos are comparable to Hillbrooks?

Within a short walk: The Lanai, Hillington Green, Parc Palais, Hillhaven, Hilltop Grove. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Hillbrooks a good buy?

Hillbrooks sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

Other condos in District 23

Browse all Singapore condos →