Foresque Residences

D23 (OCR) 99 yrs lease commencing from 2011
District 23 ·99 yrs lease commencing from 2011 ·Completed 2015
~$1,626 Avg PSF (12-month)
2.6% Rental yield
496 Total units
Category Ratings
Facilities
6.0
Unit size & layout
7.0
Value for money
7.0
Neighbourhood
5.5
MRT accessibility
4.0
Lease remaining
7.5

Overview & Key Facts

Foresque Residences is a 496-unit development along Petir Road in District 23, completed in 2015 by Wincheer Investment Pte Ltd. The name is a portmanteau of “forest” and “picturesque” — a branding choice that reflects the development’s most genuine selling point: its proximity to the Dairy Farm Nature Park and the broader Bukit Timah nature corridor. At $1,595 psf, it sits meaningfully below newer OCR competitors like Midwood ($1,729 psf) and Dairy Farm Residences ($1,659 psf), offering an entry point into a nature-adjacent pocket of Singapore’s northwest.

The development comprises several mid-rise blocks arranged around a central landscaped deck, with unit types ranging from 1-bedroom to 4-bedroom configurations. With 84 years remaining on its 99-year lease (from 2011), Foresque Residences occupies the comfortable middle ground where bank financing remains fully accessible and lease decay anxiety is still years away. Its 496-unit count makes it a mid-sized development — large enough for a reasonable spread of facilities, small enough to avoid the mega-condo management headaches.

The investment profile is distinctly split. Capital appreciation has been solid — PSF has climbed from $1,339 to $1,626 over the tracked period, earning a profitability score of 76. But the rental yield tells a different story at 2.55%, well below the OCR average. This is a development that rewards owners who live in it more than those who rent it out, and understanding that distinction is key to evaluating its suitability.

Developer
WINCHEER INVESTMENT PTE LTD
Tenure
99 yrs lease commencing from 2011
Total units
496
TOP year
2015
District
23 — OCR
Street
PETIR ROAD
Lease remaining
~84 years (of 99)

Location & Connectivity

Foresque Residences sits in the Bukit Panjang / Dairy Farm area, a pocket of District 23 that trades urban convenience for greenery and relative quiet. The immediate surroundings along Petir Road are low-rise residential, and the Dairy Farm Nature Park is accessible within a short drive, offering trails, the Wallace Education Centre, and a genuine nature escape that most condo developments in Singapore simply cannot match.

The MRT picture is the development’s most significant weakness. The nearest operational station is Hillview MRT (Downtown Line) at 1.21 km, followed by Bangkit LRT at 1.32 km. A pending Cross Island Line station at 1.01 km will eventually improve connectivity, but “eventually” is doing heavy lifting in that sentence. At a walk score of just 25, this is emphatically a car-dependent development. For daily commuters relying on public transport, the journey involves either a bus connection or a 15-minute walk to Hillview — neither of which qualifies as convenient in Singapore’s climate.

For drivers, the development benefits from proximity to the Bukit Timah Expressway (BKE) and easy access to the Pan Island Expressway (PIE) via Dairy Farm Road. The Bukit Panjang area has seen steady retail infrastructure growth, with Junction 10 and Hillion Mall both within a short drive, offering supermarkets, food courts, and everyday retail. The Rail Mall, a quirky row of shophouses along the old KTM railway line, adds local character with a mix of cafes and eateries.

Future CRL impact
The pending Cross Island Line station approximately 1.01 km from Foresque Residences could be a meaningful catalyst for the area. However, CRL construction timelines remain long-dated, and 1 km to an MRT station still does not qualify as “MRT-adjacent” by Singapore standards. Factor the CRL as a bonus, not a buying thesis.

Schools & Education

Nearby Schools
SchoolTypeDistance
Bukit Panjang Government High Schoolsecondary~1.5 km
Pei Hwa Presbyterian Primary Schoolprimary~1.6 km
Fajar Secondary Schoolsecondary~1.7 km
Xishan Primary Schoolprimary~1.7 km
Bukit Panjang Primary Schoolprimary~1.8 km
Springdale Primary Schoolprimary~1.9 km

Facilities

For a 496-unit development, Foresque Residences provides a competent but unremarkable set of facilities. The landscaped deck level includes a lap pool, children’s pool, a gym, BBQ pavilions, a function room, and a children’s playground. The grounds are well-maintained and benefit from the green surroundings — the development feels integrated into its natural setting rather than dropped onto cleared land. A tennis court and jogging path round out the recreational options.

“The pool area is pleasant and rarely crowded. It’s not a resort-style mega facility, but for a development this size, it’s well-proportioned and well-kept.”

— Resident review via PropertyGuru

The facilities score a functional 6 out of 10. There are no standout amenities — no indoor sports hall, no co-working space, no sky terrace. But the 496-unit count means facilities are not oversubscribed, and the nature-adjacent setting provides an informal extension of the development’s recreational space. Residents who enjoy trail running or cycling will find Dairy Farm Nature Park and the Bukit Timah trails more than compensate for the absence of premium condo amenities.


Unit Sizes & Layout

Units at Foresque Residences range from compact 1-bedroom layouts to 4-bedroom family configurations. The 2- and 3-bedroom units represent the bulk of the development and are reasonably laid out, with regular shapes that minimise wasted corridor space. Higher-floor units facing the greenery enjoy genuinely pleasant views — the Dairy Farm / Bukit Timah tree canopy provides a visual buffer that is rare for an OCR development at this price point.

Interior finishings are typical of mid-2010s OCR developments: functional but not premium. The kitchen and bathroom fittings are adequate for daily use but most resale buyers will budget for some renovation, particularly if comparing against newer launches. Unit sizes are reasonable for the era — not as generous as older mega-condos, but more liveable than the hyper-compressed layouts that have become standard in post-2020 launches.

Stack selection
Stacks facing the Dairy Farm Nature Park direction command a premium and offer the best long-term view protection — the nature reserve is unlikely to be redeveloped. Inward-facing units enjoy pool views and better shelter from road noise along Petir Road. Lower floors facing the road are the weakest positions and should be priced accordingly.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR9$1,541$713,099
1 BR7$1,314$876,770
2 BR24$1,433$1,051,929
3 BR58$1,402$1,682,841
4 BR8$1,209$2,023,750
5 BR10$1,136$2,402,800

Pricing & Market Position

Based on 116 recorded transactions, sale prices range from $670,000 to $2,870,000, averaging $1,514,003 (~$1,626 psf).

Rents range from $1,700 to $8,000 per month across 485 rental transactions. Current rental yield sits at approximately 2.6%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 34.7% (from $1,197 to $1,613 psf).

2024
-1.1%
$1,426 psf
2025
+8.9%
$1,554 psf
2026
+3.8%
$1,613 psf

Neighbourhood Comparison

The immediate competitive set in the Bukit Panjang / Dairy Farm corridor highlights Foresque Residences’ positioning clearly. Sol Acres at $1,380 psf is cheaper but is an Executive Condominium with MOP restrictions and different resale dynamics — not a direct comparison for private condo buyers. Midwood ($1,729 psf) is newer (TOP 2023), closer to Hillview MRT, and carries a fresher lease, justifying its 8% premium. Dairy Farm Residences ($1,659 psf) occupies a similar nature-adjacent niche with a newer lease and marginally better connectivity.

The question for buyers is whether the $60–$130 psf savings at Foresque justify the older lease and marginally weaker location. For own-stay buyers with a 10+ year horizon, the savings compound meaningfully on a 3-bedroom unit. For investors, the 2.55% yield makes Foresque the weakest rental play in the set. The pending CRL station could narrow the connectivity gap with Midwood and Dairy Farm Residences over time, but that thesis requires patience and a degree of faith in government infrastructure timelines.

District 23 Comparables
DevelopmentTenureTOPUnits~Avg PSF
FORESQUE RESIDENCES99 yrs lease commencing from 20112015496$1,626
SOL ACRES99 yrs lease commencing from 201420181,327$1,383
MIDWOOD99 yrs lease commencing from 20182021564$1,731
LUMINA GRAND99 yrs lease commencing from 20222024512$1,515
DAIRY FARM RESIDENCES99 yrs lease commencing from 20182021460$1,659
THE BOTANY AT DAIRY FARM99 yrs lease commencing from 20222023386$2,053

Lease Decay Analysis

The 99-year lease runs from 2011, meaning approximately 15 years have already been consumed. Roughly 84 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~84 yearsFull bank financing available
2041~69 yearsCPF usage still unrestricted for most buyers
2050~59 yearsApproaching 60-year threshold — CPF limits begin for some
2070~39 yearsSignificant financing restrictions for next buyer
2110ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~74 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates FORESQUE RESIDENCES across multiple dimensions.

Walkability
25/100
MRT: 8/25, School: 12/20, Hawker: 5/15, Mall: 0/15, Park: 0/10, Supermarket: 0/10, Clinic: 0/5
Investment
57/100
+4.0% YoY ·3.3% yield ·8 txns/yr ·84 yrs left ·1.01 km to MRT ·+2.1% district YoY ·En-bloc 20/100
Profitability
76/100
Win rate: 91 — 23 transaction pairs, 91% profitable, avg +$163,039
En-Bloc Potential
20/100
Verdict: Low
Overall ShiokNest Score
40/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We moved here specifically for the nature surroundings. On weekends, we walk to Dairy Farm for trails and the kids love it. Yes, you need a car for everything, but the trade-off is worth it for the greenery.”

— Resident review via PropertyGuru

“Quiet neighbourhood, good security, pool is never crowded. The downside is that you really need to drive everywhere. Groceries, MRT, kids’ tuition — nothing is walkable.”

— Resident review via EdgeProp

“Good value for the size of units compared to newer launches nearby. The area is developing slowly but the CRL should help. Just don’t expect city-fringe convenience.”

— Resident review via EdgeProp

Resident sentiment follows a consistent pattern: appreciation for the quiet, green environment and reasonable pricing, tempered by frustration with car dependency. The development attracts a largely family-oriented, Singaporean-majority resident base — people who have made a deliberate lifestyle choice to prioritise nature and space over MRT proximity. Management and maintenance are generally described as adequate, with the grounds and common areas well-kept.


Strengths & Weaknesses

Strengths
  • Nature-adjacent living — Dairy Farm Nature Park and Bukit Timah trails within reach
  • Strong capital appreciation — PSF from $1,339 to $1,626 (profitability score 76)
  • Meaningful price discount vs newer competitors ($1,595 psf vs $1,659–$1,729)
  • 84 years remaining on lease — comfortable buffer for financing and resale
  • Mid-sized 496 units — facilities not oversubscribed, manageable community
  • Well-maintained grounds integrated with green surroundings
  • Pending Cross Island Line station at 1.01 km — future connectivity upside
  • Reasonable unit layouts with good greenery views from upper floors
  • Quiet residential pocket along Petir Road — low traffic noise
  • Access to BKE and PIE for drivers — expressway connectivity is solid
Weaknesses
  • Walk score of 25 — emphatically car-dependent for all daily needs
  • MRT not walkable — Hillview 1.21 km, Bangkit LRT 1.32 km
  • Rental yield only 2.55% — poor for buy-to-let investors
  • No standout facilities — functional but unremarkable amenity set
  • Limited immediate retail — Junction 10 and Hillion Mall require driving
  • CRL station timeline uncertain — cannot bank on near-term connectivity improvement
  • Interior finishings typical mid-2010s OCR — renovation budget likely needed
  • Schools not within comfortable walking distance (nearest 1.45 km)
Best for — Nature-loving families Car-owning households Long-term own-stay buyers (10+ years) OCR value seekers Trail runners and outdoor enthusiasts Remote / hybrid workers MRT-dependent commuters Rental yield investors

Verdict

Foresque Residences is a development for a specific buyer: someone who values nature proximity, owns a car, and prioritises capital appreciation over rental yield. At $1,595 psf, it undercuts newer competitors meaningfully — Sol Acres at $1,380 psf offers a cheaper entry but is an EC with different resale dynamics, while Midwood ($1,729 psf) and Dairy Farm Residences ($1,659 psf) charge more for newer leases and marginally better locations. The price gap validates Foresque as a value play in the Bukit Panjang corridor.

The profitability score of 76 confirms that capital appreciation has been solid. PSF has tracked from $1,339 to $1,626 over the measurement period, a trajectory that outpaces many OCR peers. But the 2.55% rental yield is a clear red flag for buy-to-let investors — you can find significantly better yields elsewhere in the OCR. The development rewards ownership, not landlording.

The walk score of 25 cannot be overstated as a consideration. This is not a development where you can comfortably live without a car. The pending CRL station will help eventually, but “eventually” is not a timeline you can commute on today. For MRT-dependent buyers, Foresque Residences is simply the wrong development. For car-owning families who want space, greenery, and solid appreciation at OCR pricing — with weekends spent on nature trails rather than shopping malls — it earns its place on the shortlist.

Frequently Asked Questions

How far is Foresque Residences from the nearest MRT station?
The nearest operational MRT is Hillview station (Downtown Line) at approximately 1.21 km. Bangkit LRT is 1.32 km away. A pending Cross Island Line station is planned at approximately 1.01 km, but the completion timeline remains long-dated.
What is the average PSF price at Foresque Residences in 2026?
Based on recent transactions, the average PSF at Foresque Residences is approximately S$1,595, with a median transaction price of S$1,550,000.
How many years are left on the Foresque Residences lease?
Foresque Residences holds a 99-year lease from 2011, leaving approximately 84 years remaining as of 2026. Full bank financing remains available at this lease length.
Is Foresque Residences good for rental investment?
Rental yield at Foresque Residences is approximately 2.55% based on an average rent of S$3,586 — below the OCR average. The development is better suited to own-stay buyers seeking capital appreciation than to rental investors.
How does Foresque Residences compare to Midwood and Dairy Farm Residences?
Foresque Residences ($1,595 psf) is cheaper than both Midwood ($1,729 psf, TOP 2023) and Dairy Farm Residences ($1,659 psf). The newer developments offer fresher leases and marginally better MRT proximity, but Foresque provides a meaningful price discount for buyers willing to trade newness for value.
What nature amenities are near Foresque Residences?
Dairy Farm Nature Park is within a short drive, offering walking trails, the Wallace Education Centre, and access to the wider Bukit Timah Nature Reserve network. The area is one of the greenest residential corridors in Singapore.