How Much Does It Cost To Live Along Chee Hoon Ave in 2025
Street Overview
Located just off Adam Road, Chee Hoon Avenue lies within the GCB zone of Bukit Timah—yet it pulses with activity. Within easy reach are Tan Kah Kee MRT, Hwa Chong Institution, and the social hub of Adam Road Food Centre.
The street is flanked by mature trees, established plots and redevelopment projects, suggesting movement rather than stasis. In January 2024, a newly-completed freehold bungalow on the street (around 15,486 sq ft) was put on the market for S$59 million.
One striking signal of the area’s momentum: adjoining this street is the Camden Park enclave, where a GCB once owned by the “relic-hunter” Raymond Ng fitted with 15-tonne stone lions and vintage Chinese artefacts was listed at S$63 million.
In the wider Camden Park–Chee Hoon Avenue pocket, some of Singapore’s most established families have quietly made their homes. Among them are members of the Wee family of UOB heritage, long associated with the area; industry figures from law and insurance circles such as Mary Chen Ming Li; and the Song family behind Nanshan Group, known for projects like Thomson Impressions and Stirling Residences.
Past Transactions
| Contract Date | Address | Area (sqft) | PSF | Price |
|---|---|---|---|---|
| 25 Aug 2025 | ** 1 Chee Hoon Ave | 13 306 | $3 955 | $55 000 000 |
| 09 Nov 2023 | ** 46 Chee Hoon Ave | 11 064 | $2 413 | $26 700 000 |
| 25 Oct 2023 | ** 2 Chee Hoon Ave | 11 122 | $1 678 | $18 500 000 |
| 02 Sep 2021 | ** 50 Chee Hoon Ave | 13 306 | $1 834 | $25 500 000 |
Cost Breakdown
| Tier | Plot Size (sqft) | Low @ $1 678 psf | High @ $3 955 psf |
|---|---|---|---|
| Entry (15 000 sqft) | 15 000 | $25.2 M | $59.3 M |
| Mid (20 000 sqft) | 20 000 | $33.6 M | $79.1 M |
| Trophy (25 000 sqft +) | 25 000 | $42.0 M + | $98.9 M + |
Figures are derived from recent land-rate benchmarks applied to standard GCB plot sizes.
Based on the latest transactions, the street’s average land rate hovers around S$2,500 psf.
The recent record of S$3,955 psf appears to be a statistical outlier, likely reflecting extensive renovations, architectural upgrades, or an unusually strong buyer preference.
Financing Breakdown
| Tier | Purchase Price | Loan (75 %) | Monthly (Est.) |
|---|---|---|---|
| Entry | $25.2 M | $18.9 M | ≈ $70 k / mo |
| Mid | $33.6 M | $25.2 M | ≈ $94 k / mo |
| Trophy | $42.0 M + | $31.5 M + | ≈ $118 k / mo + |
This portion was calculated based on the pricing in the lower range, but in practice, prices have already moved beyond the lower range. Think of this calculation less as a target, and more as a mental exercise — a way to understand scale, not opportunity.
Financing estimates assume 2 % interest, 75 % LTV, and a 30-year tenure.
Under current MAS guidelines, borrowers up to age 65 may qualify for 75 % LTV. Once the loan period extends beyond that age, maximum LTV drops to 55 %. TDSR caps monthly obligations at 55 % of gross income, so few buyers here achieve full leverage. Most transact with conservative or minimal financing.
So, how much does it cost to live on Chee Hoon Avenue?
At today’s levels, a typical 15 000-sqft plot sits between S$25 million and S$59 million.
The street is quiet, measured, and self-contained — a place for families who have already arrived.
