District 23 · Bukit Panjang · OCR
The Skywoods
Dairy Farm Heights · Condominium · 99 yrs lease commencing from 2012
Current PSF
$1,696
+12.2% vs district median
Gross yield
3.5%
median rent $4,550/mo
3-year gain
11.6%
Transactions · 5y
102
25 in last 12 months
Nearest MRT
Hillview Mrt Station · 538.403m
DTL
Future MRT
Turf City Mrt Station
CRL · 2032
Vs local HDB
+193% premium
HDB median $578 psf
Area income
$8,500/mo median
residential zone
En-bloc potential26 / 100
14 years old · composite of plot use, age, tenure, value gap & size
Lease decay85 years left
worth 92.9%of freehold today (Bala’s Table) · loses ~4.4pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+6.3%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
5%
PSF dispersion within project
The neighbourhood
P1 ring
Chij Our Lady Queen Of Peace 423m · Phase 2C 0.7× · Bukit Panjang Primary School 898m · 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 · 1.3km
Green
Chestnut Dr Pg · 341m - 9 parks within 1km
Mall
Dairy Farm Mall · 444m
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
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,692 psf - 3% above units on floors 1–5 ($1,644 psf).
Price trend average PSF by year
2021
$1,361
2022
$1,446
+6.2%
2023
$1,518
+5%
2024
$1,605
+5.7%
2025
$1,681
+4.7%
2026
$1,694
+0.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $2,950/mo | $5.36 | 3.8% | 38 |
| 2BR | $3,300/mo | $5.08 | 3.6% | 74 |
| 3BR | $4,500/mo | $4.29 | 3.0% | 145 |
| 4BR | $5,400/mo | $4.32 | 3.1% | 37 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $1,760,000 | 1,012 | $1,739 | 06-10 |
| Jun 2026 | $1,510,000 | 872 | $1,732 | 01-05 |
| May 2026 | $1,540,000 | 872 | $1,766 | 11-15 |
| Apr 2026 | $2,350,000 | 1,345 | $1,747 | 11-15 |
| Apr 2026 | $1,820,000 | 1,066 | $1,708 | 01-05 |
| Mar 2026 | $1,008,000 | 624 | $1,615 | 01-05 |
| Mar 2026 | $940,000 | 624 | $1,506 | 01-05 |
| Feb 2026 | $1,888,000 | 1,066 | $1,772 | 11-15 |
| Feb 2026 | $1,680,000 | 1,012 | $1,660 | 01-05 |
| Dec 2025 | $1,590,000 | 947 | $1,679 | 01-05 |
HomeRadar AIlive
Ask anything about THE SKYWOODS
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.