FOREST WOODS Review

Condo Review 5 min read Last reviewed
District 19 · 99 yrs lease commencing from 2016
~$2,048Avg PSF (12-month)
519Total units
Category Ratings
Walkability
7.5
Investment
6.9
En-Bloc Potential
2.0
ShiokNest Score
4.6

Overview & Key Facts

FOREST WOODS is a 99 yrs lease commencing from 2016 condominium at LORONG LEW LIAN in District 19 (OCR), developed by , comprising 519 units.

Developer
Tenure
99 yrs lease commencing from 2016
Total units
519
TOP year
District
19 — OCR
Street
LORONG LEW LIAN

Location & Connectivity

FOREST WOODS is approximately 440m from Serangoon MRT station, with 5 stations within 1.5 km.

MRT stations near FOREST WOODS
StationLineDistance
SerangoonNorth-East Line440m
SerangoonCircle Line440m
BartleyCircle Line1.1 km
KovanNorth-East Line1.3 km
Lorong ChuanCircle Line1.4 km

Schools & Education

20 schools within 2 km (5 within 1 km priority zone).

Schools near FOREST WOODS
SchoolTypeDistance
Cedar Girls' Secondary SchoolSecondary390m
Cedar Primary SchoolPrimary480m
Zhonghua Secondary SchoolSecondary680m
Zhonghua Primary SchoolPrimary760m
Serangoon Secondary SchoolSecondary900m
Bartley Secondary SchoolSecondary1.1 km
Montfort Junior SchoolPrimary1.1 km
Montfort Secondary SchoolSecondary1.2 km

Unit Mix & Pricing

Unit mix for FOREST WOODS
TypeSalesAvg PSFAvg Price
1 BR56$1,843 psf$1,084,542
2 BR61$1,900 psf$1,625,488
3 BR30$1,983 psf$2,223,076
4 BR1$2,053 psf$2,850,000

Market Position

FOREST WOODS has recorded 148 sales at an average price of $1,550,212.

FOREST WOODS sits at the 89th percentile of District 19 condo PSF.
$2,048 psf
Avg PSF (12mo)
$1,550,212
Avg Price
2.9%
Gross Yield
148
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at FOREST WOODS
TypeAvg RentAvg PriceGross Yield
1 BR$3,096/mo$1,084,5423.43%
2 BR$3,735/mo$1,625,4882.76%
3 BR$4,814/mo$2,223,0762.60%
4 BR$6,943/mo$2,850,0002.92%

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Price Appreciation

PSF trend for FOREST WOODS
YearSalesAvg PSFYoY
202135$1,679 psf
202223$1,795 psf↑ 6.9%
202314$1,910 psf↑ 6.4%
202429$1,985 psf↑ 4.0%
202537$2,031 psf↑ 2.3%
202610$2,110 psf↑ 3.9%

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FOREST WOODS prices sit at a fresh series high after a 3.9% gain on the prior period, now 25.7% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% 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 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

Who This Actually Suits

Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and cpf-only buyers. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

FOREST WOODS is a 99 yrs lease commencing from 2016 development in District 19 (OCR), with 519 units, offering a gross yield of 2.9%.

At ~$2,048 psf, it represents a competitive entry point in the OCR segment.

Explore the full FOREST WOODS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing FOREST WOODS against staying public? These HDB towns sit within walking or short-drive distance:

  • Serangoon — 4-room average $685,706 (150m away), an upgrader gap of about $850,000
  • Hougang — 4-room average $630,510 (240m away), an upgrader gap of about $900,000
  • Toa Payoh — 4-room average $929,793 (900m away), an upgrader gap of about $600,000

FAQ

What is the average PSF for FOREST WOODS?
The 12-month average is approximately $2,048 psf.
Is FOREST WOODS freehold?
FOREST WOODS has a 99 yrs lease commencing from 2016 tenure.
What is the rental yield for FOREST WOODS?
The estimated gross yield is 2.9%.
Which MRT is nearest to FOREST WOODS?
The nearest is Serangoon MRT at 440m.

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: 148 transactions
  • Rental data: 695 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 · 148 records analysed · Source: URA private-sale caveats

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