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District 23 · Bukit Panjang · OCR

Narra Residences

Dairy Farm Walk · Apartment · 99 yrs lease commencing from 2025

Current PSF
$2,159
+42.9% vs district median
Gross yield
-
3-year gain
0.0%
Transactions · 5y
194
194 in last 12 months
Nearest MRT
Hillview Mrt Station · 1,061.564m
DTL
Future MRT
Turf City Mrt Station
CRL · 2032
Vs local HDB
+274% premium
HDB median $578 psf
Area income
$8,500/mo median
residential zone
En-bloc potential19 / 100
1 years old · composite of plot use, age, tenure, value gap & size
Lease decay98 years left
worth 95.9%of freehold today (Bala’s Table) · loses ~1.9pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
4%
PSF dispersion within project
3D →
Dairy Farm Walk, District 23 · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
P1 ring
Bukit Panjang Primary School 787m · Phase 2C 1.3× balloted · Chij Our Lady Queen Of Peace 832m · Phase 2C 0.7× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 1.4km
Food
Bukit Panjang Hawker Centre · 1.0km
Green
Chestnut Close Park · 76m - 9 parks within 1km
Mall
Dairy Farm Mall · 346m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 2.2km

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

Park path in Bukit Panjang Park running adjacent to Blk 201 Petir RoadWzhkevin · CC BY-SA 4.0
Park path running alongside canal near Chestnut Close Playground, in SingaporeWzhkevin · CC BY-SA 4.0
Chestnut Crescent looking south towards Bukit TimahWzhkevin · CC BY-SA 4.0
After Chestnut Avenue bus stop 05 12 2024LN9267 · CC BY-SA 4.0
Block 202 bus stop 05 12 2024LN9267 · CC BY-SA 4.0
Opposite Dairy Farm Mall bus stop 05 12 2024LN9267 · CC BY-SA 4.0

The launch, by the record

developer sales + new-sale caveats · URA - the numbers a brochure won’t print

Sold to date
185 / 540
34% taken up · 26 '06
Median price
$2k
$2k$2k band
Unit sizes sold
721 sqft
5171378 sqft range
Still available
355
units unsold
Take-up over time · cumulative units sold
540026 '0126 '0226 '0326 '0426 '0526 '06
What actually sold · by strata size (sqft)
517661
62
661805
45
805949
51
9491093
32
10931237
10
12371378
1

Strata areas here follow the post-June-2023 GFA harmonisation (AC ledges, void spaces excluded), so this project’s PSF runs a few percent “higher” against older stock measured the old way. A like-for-like PSF comparison to pre-2023 resales isn’t apples-to-apples.

What the record shows

The early buyer’s position

Buyers who bought from the developer in 2026 paid an average of $2,160 psf (201 sales). At today’s $2,159 psf, they are down 0% on paper.

The floor premium

Over the last 3 years, units on the 10th floor and above transacted at a median $2,237 psf - 6% above units on floors 1–5 ($2,110 psf).

Recent transactions URA, latest 10

DatePriceArea (sqft)PSFFloor
Jul 2026$1,522,000721$2,11001-05
Jul 2026$1,509,000700$2,15701-05
Jun 2026$2,681,0001,152$2,32806-10
Jun 2026$1,905,000872$2,18501-05
Jun 2026$1,604,000721$2,22406-10
Jun 2026$1,542,000700$2,20406-10
Jun 2026$1,437,000646$2,22511-15
Jun 2026$1,429,000646$2,21306-10
May 2026$2,664,0001,152$2,31306-10
May 2026$2,637,0001,173$2,24801-05
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Grounded in this project’s data - yield, en-bloc, lease, nearby condos.

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More in District 23

The HDB blocks next door

The entry point, measured: what the resale flats around Narra Residences actually sell for - this project trades at 4.5× the nearest block’s PSF.

Data: URA private residential transactions & rentals (5-year window, updated weekly), data.gov.sg, OneMap, LTA DataMall. PSF and yield figures are computed from actual transactions and rental contracts - not estimates.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.