District 23 · Bukit Panjang · OCR
Dairy Farm Residences
Dairy Farm Lane · Apartment · 99 yrs lease commencing from 2018
Current PSF
$1,775
+17.5% vs district median
Gross yield
3.3%
median rent $3,950/mo
3-year gain
-7.7%
Transactions · 5y
398
26 in last 12 months
Nearest MRT
Hillview Mrt Station · 929.941m
DTL
Future MRT
Turf City Mrt Station
CRL · 2032
Vs local HDB
+207% premium
HDB median $578 psf
Area income
$8,500/mo median
mixed zone
En-bloc potential23 / 100
8 years old · composite of plot use, age, tenure, value gap & size
Lease decay91 years left
worth 94.8%of freehold today (Bala’s Table) · loses ~3.4pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-1.8%
latest 2 qtrs vs year ago
Sub-sales
92.7%
flip ratio, last 24 months
Price spread
5%
PSF dispersion within project
The neighbourhood
P1 ring
Chij Our Lady Queen Of Peace 789m · Phase 2C 0.7× · Bukit Panjang Primary School 931m · Phase 2C 1.3× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 1.5km
Food
Bukit Panjang Hawker Centre · 1.2km
Green
Chestnut Close Park · 253m - 9 parks within 1km
Mall
Dairy Farm Mall · 150m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 2.4km
Who lives in Bukit Panjang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
138,270
Median age
40 yrs
50% under 40 · getting older
Children 0–9
13,340
▼ 11% since 2015 · future P1 demand
Household size
3.4 avg
Homes
84% HDB
14% condo · 2% landed
Degree holders
29%
residents 15+
Commute
57% transit
23% drive
45 min+ to work
38%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The early buyer’s position
Buyers who bought from the developer in 2021 paid an average of $1,621 psf (289 sales). At today’s $1,775 psf, they are up 9% on paper.
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,879 psf - 8% above units on floors 1–5 ($1,745 psf).
Price trend average PSF by year
2021
$1,621
2022
$1,688
+4.1%
2023
$1,905
+12.9%
2024
$1,834
-3.7%
2025
$1,807
-1.5%
2026
$1,758
-2.7%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,550/mo | $4.73 | 3.2% | 149 |
| 3BR | $4,800/mo | $4.57 | 3.1% | 78 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $1,848,888 | 1,012 | $1,827 | 06-10 |
| Jun 2026 | $1,680,000 | 936 | $1,794 | 01-05 |
| May 2026 | $1,302,888 | 710 | $1,834 | 11-15 |
| May 2026 | $1,260,000 | 721 | $1,747 | 01-05 |
| May 2026 | $1,210,000 | 721 | $1,678 | 01-05 |
| May 2026 | $1,190,000 | 710 | $1,675 | 11-15 |
| Apr 2026 | $1,860,000 | 1,012 | $1,838 | 11-15 |
| Apr 2026 | $1,228,000 | 721 | $1,703 | 06-10 |
| Apr 2026 | $1,160,000 | 710 | $1,633 | 06-10 |
| Feb 2026 | $1,850,000 | 1,001 | $1,848 | 01-05 |
HomeRadar AIlive
Ask anything about DAIRY FARM RESIDENCES
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Dairy Farm Residences actually sell for - this project trades at 3.7× the nearest block’s PSF.