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THE DAIRY FARM

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Project Information

Project Name

THE DAIRY FARM

Street Name

Dairy Farm Road

Property Type

Condominium

Tenure

Freehold

District / Planning Area

D23 / Bukit Panjang

Completion

1989

Number of units

477 units

Indicative price range / Average*

S$ 1,639 - S$ 1,639 psf / S$ 1,639 psf

Indicative rental range / Average*

S$ 1.90 - S$ 4.00 psf pm / S$ 2.98 psf pm

Implied rental yield

2.18%

Historical high

S$ 1,639 psf in Feb 2023 for a 1,281-sqft unit

Indicative average price from historical high

0.0%

Historical low

S$ 352 psf in Dec 1998 for a 2,131-sqft unit

Buyer profile by status#

Singaporean 78.3%, PR 14.8%, Foreigner 5.6%, Company 0.3%

Buyer profile by purchaser address#

HDB 32.7%, Private 67.3%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
THE DAIRY FARM Freehold 1989 - 1,639 1,639 1,639 1.90 3.09 4.00 2.3
THE SKYWOODS 99 Yrs FROM 2012 2016 185 1,402 1,434 1,468 3.33 4.92 6.36 4.1
HILLVIEW PARK Freehold 1995 436 1,467 1,467 1,467 2.67 3.46 3.93 2.8
CASHEW PARK CONDOMINIUM 999 Yrs FROM 1882 1983 541 1,327 1,327 1,327 2.09 2.82 3.95 2.6
DAIRY FARM RESIDENCES 99 yrs FROM 2018 Uncompleted 547 1,827 1,913 1,999 - - - -
KINGSFORD . HILLVIEW PEAK 99 yrs FROM 2012 2017 577 995 1,366 1,512 3.82 5.17 6.91 4.5
GLENDALE PARK Freehold 2000 636 1,524 1,582 1,628 1.82 3.46 4.97 2.6
THE HILLIER 99 yrs FROM 2011 2016 711 1,429 1,534 1,601 2.73 5.25 7.27 4.1
HILLVIEW HEIGHTS Freehold 1996 725 1,618 1,618 1,618 2.42 3.39 4.95 2.5
FORESQUE RESIDENCES 99 yrs FROM 2011 2014 828 976 1,395 1,575 3.33 4.61 7.33 4.0

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

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Status Name Location Land attributes Estimated Breakeven

on 30 Nov 2011

(Now known as Eco Sanctuary)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 18,699.4
Site GFA (sqm) 39,269.0
Highest bid ($m) 180.0
Highest bid ($psf) 425.8
Number of bids 12
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer SP Setia

on 7 Mar 2012

(Now known as Kingsford Hillview Peak)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 12,648.5
Site GFA (sqm) 35,416.0
Highest bid ($m) 243.2
Highest bid ($psf) 638.0
Number of bids 7
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Kingsford Development

on 25 Sep 2012

(Now known as The Skywoods)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 17,545.8
Site GFA (sqm) 36,847.0
Highest bid ($m) 244.3
Highest bid ($psf) 616.0
Number of bids 9
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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