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District 23 · Bukit Panjang · OCR

The Botany At Dairy Farm

Dairy Farm Walk · Condominium · 99 yrs lease commencing from 2022

Current PSF
$2,132
+41.1% vs district median
Gross yield
2.9%
median rent $4,500/mo
3-year gain
2.5%
Transactions · 5y
388
3 in last 12 months
Nearest MRT
Hillview Mrt Station · 731.091m
DTL
Future MRT
Turf City Mrt Station
CRL · 2032
Vs local HDB
+269% premium
HDB median $578 psf
Area income
$8,500/mo median
residential zone
En-bloc potential21 / 100
4 years old · composite of plot use, age, tenure, value gap & size
Lease decay95 years left
worth 95.6%of freehold today (Bala’s Table) · loses ~2.7pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
6.1%
flip ratio, last 24 months
Price spread
6%
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
Chij Our Lady Queen Of Peace 579m · Phase 2C 0.7× · Bukit Panjang Primary School 862m · Phase 2C 1.3× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Greenridge Secondary School · 1.4km
Food
Bukit Panjang Hawker Centre · 1.2km
Green
Chestnut Close Park · 334m - 9 parks within 1km
Mall
Dairy Farm Mall · 286m
Health
National University Polyclinics (Bukit Panjang Polyclinic) (polyclinic) · 2.3km

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 running alongside canal near Dairy Farm Crescent, in SingaporeWzhkevin · CC BY-SA 4.0
Dairy Farm Nature Park 3Mx. Granger · CC0
Opposite Dairy Farm Mall bus stop 05 12 2024LN9267 · CC BY-SA 4.0
BarbecuePits DairyFarmEstate SingaporeJeremy.Osborn · CC BY-SA 4.0
SquashCourt DairyFarmEstate SingaporeJeremy.Osborn · CC BY-SA 4.0
TableTennis DairyFarmEstate SingaporeJeremy.Osborn · 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
386 / 386
100% taken up · 26 '04
Median price
$0k
$0k$0k band
Unit sizes sold
1033 sqft
5061765 sqft range
Still available
0
units unsold
Take-up over time · cumulative units sold
386024 '0724 '1125 '0325 '0725 '1126 '0326 '04
What actually sold · by strata size (sqft)
506716
99
716926
65
9261136
134
11361346
64
13461556
17
15561765
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 2023 paid an average of $2,072 psf (221 sales). At today’s $2,132 psf, they are up 3% on paper.

The floor premium

Over the last 3 years, units on the 10th floor and above transacted at a median $2,075 psf - 5% above units on floors 1–5 ($1,983 psf).

Price trend average PSF by year

2023
$2,072
2024
$2,026
-2.2%
2025
$2,077
+2.5%
2026
$2,125
+2.3%

Rental by bedroom

BedroomsMedian rentRental PSFYieldContracts
1BR$3,000/mo$5.453.1%3
2BR$3,650/mo$4.872.7%7
3BR$4,750/mo$4.522.5%16
4BR$7,100/mo$4.582.6%4

Recent transactions URA, latest 10

DatePriceArea (sqft)PSFFloor
Apr 2026$1,990,000883$2,25501-05
Feb 2026$2,554,0001,281$1,99411-15
Nov 2025$2,773,0001,292$2,14701-05
Feb 2025$2,326,0001,206$1,92911-15
Jan 2025$2,671,0001,292$2,06801-05
Jan 2025$2,237,0001,033$2,16506-10
Dec 2024$2,204,0001,044$2,11111-15
Dec 2024$2,084,0001,033$2,01701-05
Dec 2024$2,024,0001,033$1,95901-05
Nov 2024$2,576,0001,292$1,99406-10
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Ask anything about THE BOTANY AT DAIRY FARM

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 The Botany At Dairy Farm actually sell for - this project trades at 4.4× 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.