DAIRY FARM RESIDENCES Review

Condo Review 5 min read Last reviewed
District 23 · 99 yrs lease commencing from 2018 · Completed 2021
~$1,799Avg PSF (12-month)
460Total units
Category Ratings
Walkability
2.0
Investment
6.2
En-Bloc Potential
2.0
ShiokNest Score
3.4

Overview & Key Facts

DAIRY FARM RESIDENCES is a 99 yrs lease commencing from 2018 condominium at DAIRY FARM LANE in District 23 (OCR), developed by , comprising 460 units, completed in 2021.

Developer
Tenure
99 yrs lease commencing from 2018
Total units
460
TOP year
2021
District
23 — OCR
Street
DAIRY FARM LANE
Lease remaining
~91 years (of 99)

Location & Connectivity

DAIRY FARM RESIDENCES is approximately 910m from Hillview MRT station, with 5 stations within 1.5 km.

MRT stations near DAIRY FARM RESIDENCES
StationLineDistance
HillviewDowntown Line910m
PendingBukit Panjang LRT1.1 km
CashewDowntown Line1.2 km
BangkitBukit Panjang LRT1.5 km
PetirBukit Panjang LRT1.5 km

Schools & Education

6 schools within 2 km.

Schools near DAIRY FARM RESIDENCES
SchoolTypeDistance
Pei Hwa Presbyterian Primary SchoolPrimary1.6 km
Bukit Panjang Government High SchoolSecondary1.6 km
Fajar Secondary SchoolSecondary1.8 km
Xishan Primary SchoolPrimary1.9 km
Bukit Panjang Primary SchoolPrimary1.9 km
Springdale Primary SchoolPrimary1.9 km

Unit Mix & Pricing

Unit mix for DAIRY FARM RESIDENCES
TypeSalesAvg PSFAvg Price
1 BR36$1,646 psf$1,038,658
2 BR289$1,683 psf$1,306,195
3 BR131$1,616 psf$1,741,597
4 BR2$1,584 psf$2,336,056

Market Position

DAIRY FARM RESIDENCES has recorded 458 sales at an average price of $1,414,199.

DAIRY FARM RESIDENCES sits at the 85th percentile of District 23 condo PSF.
$1,799 psf
Avg PSF (12mo)
$1,414,199
Avg Price
3.4%
Gross Yield
458
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at DAIRY FARM RESIDENCES typically rent harder per dollar of purchase price:

Per-bedroom gross yield at DAIRY FARM RESIDENCES
TypeAvg RentAvg PriceGross Yield
2 BR$3,599/mo$1,306,1953.31%
3 BR$4,811/mo$1,741,5973.31%
4 BR$7,050/mo$2,336,0563.62%

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Price Appreciation

PSF trend for DAIRY FARM RESIDENCES
YearSalesAvg PSFYoY
2021307$1,621 psf
202286$1,688 psf↑ 4.1%
20233$1,905 psf↑ 12.9%
202416$1,834 psf↓ 3.8%
202536$1,810 psf↓ 1.3%
202610$1,758 psf↓ 2.9%

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DAIRY FARM RESIDENCES prices have cooled 7.7% from the 2023 peak, yet remain 8.5% above where the series began in 2021.

Price Index Check

The ShiokNest Price Index for District 23 reads 128.2 as of June 2026 — up 3.6% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 23 competitors
CondoTenureAvg PSFSales
SOL ACRES99 yrs lease commencing from 2014$1,389 psf568
MIDWOOD99 yrs lease commencing from 2018$1,736 psf544
LUMINA GRAND99 yrs lease commencing from 2022$1,515 psf512
THE MYST99 yrs lease commencing from 2023$2,093 psf390
THE BOTANY AT DAIRY FARM99 yrs lease commencing from 2022$2,053 psf388

Lease Analysis

With 91 years remaining on its 99-year lease, DAIRY FARM RESIDENCES still qualifies for full bank financing and CPF usage.

Who This Actually Suits

This is a strong match for families with young children, car-owning households, sports / active lifestyle and yield-focused investors. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

mrt-walkable commuters and freehold / generational hold should treat this as a shortlist candidate, not a default choice.


Verdict

DAIRY FARM RESIDENCES is a 99 yrs lease commencing from 2018 development in District 23 (OCR), with 460 units, offering a gross yield of 3.4%.

At ~$1,799 psf, it represents a competitive entry point in the OCR segment.

Explore the full DAIRY FARM RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing DAIRY FARM RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:

  • Bukit Panjang — 4-room average $581,903 (570m away), an upgrader gap of about $850,000

FAQ

What is the average PSF for DAIRY FARM RESIDENCES?
The 12-month average is approximately $1,799 psf.
Is DAIRY FARM RESIDENCES freehold?
DAIRY FARM RESIDENCES has a 99 yrs lease commencing from 2018 tenure with ~91 years remaining.
What is the rental yield for DAIRY FARM RESIDENCES?
The estimated gross yield is 3.4%.
Which MRT is nearest to DAIRY FARM RESIDENCES?
The nearest is Hillview MRT at 910m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 458 transactions
  • Rental data: 293 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 458 records analysed · Source: URA private-sale caveats

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