FreeholdOCRDistrict 23 (Bukit Panjang)

The Dairy Farm

Reviewed by Nathan TangUpdated 11 August 2026Data through Jun 2026 (URA)
Quick Summary

The Dairy Farm is a freehold condominium in District 23 (Bukit Panjang) that obtained TOP in 1989, with 477 units across 18 blocks. Across 425 transactions on record, units have recently transacted around S$2.35M (S$1,656 psf, ~1,518 sqft).

1

What are the key facts about The Dairy Farm?

Key Takeaway

The Dairy Farm is a freehold condominium in District 23 (Bukit Panjang) that obtained TOP in 1989, with 477 units across 18 blocks.

Tenure
Freehold
TOP / Completion
1989
Developer
DAIRY FARM ESTATE PTE LTD
Total units
477
Blocks
18
District / Area
District 23 (Bukit Panjang)
Market segment
OCR
Median PSF
S$1,656 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at The Dairy Farm?

Key Takeaway

Units have recently transacted around S$2.35M (S$1,656 psf), at a gross rental yield of about 1.4% (URA caveat data).

Recent median price

S$2.35M

recent · 425 sales on record

Median PSF

S$1,656 psf

recent transactions

Median rent (monthly)

S$2,833

2,238 rentals on record

Gross rental yield

1.4%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at The Dairy Farm?

Key Takeaway

The Dairy Farm has 425 recorded sales; the most recent transacted at S$1,925,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,925,0001,163S$1,656 psf
May 2026S$3,500,0001,948S$1,796 psf
Jan 2026S$3,600,0002,142S$1,681 psf
Dec 2025S$3,286,0002,131S$1,542 psf
Nov 2025S$3,350,0002,131S$1,572 psf
Nov 2025S$2,138,8881,281S$1,670 psf
Oct 2025S$3,500,0002,196S$1,594 psf
Sept 2025S$2,308,0001,389S$1,662 psf
Aug 2025S$2,330,0001,518S$1,535 psf
Dec 2024S$2,350,0001,389S$1,692 psf
Oct 2024S$2,168,0001,281S$1,693 psf
Oct 2024S$3,318,0002,131S$1,557 psf

425 sales and 2,238 rentals on record since Jan 1995. Source: URA.

4

Are prices at The Dairy Farm rising?

Key Takeaway

The median transacted PSF at The Dairy Farm has risen 84% over the past 10 years (20162026), from S$916 psf to S$1,681 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,681 psfS$3.50M3+6.9%
2025S$1,572 psfS$2.33M6-1.2%
2024S$1,591 psfS$2.17M8+1.9%
2023S$1,561 psfS$2.10M7+8.3%
2022S$1,441 psfS$2.80M3+11.9%
2021S$1,288 psfS$1.80M8+7.4%
2020S$1,199 psfS$1.82M5+2.2%
2019S$1,173 psfS$1.60M5+19.1%
2017S$985 psfS$1.43M12+7.5%
2016S$916 psfS$1.51M6

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around The Dairy Farm?

Key Takeaway

8,241 CEA-registered agents closed at least one recorded deal in District 23 — where The Dairy Farm sits — in the last 12 months, across all property types.

Active agents · 12mo

8,241

District 23 · closed ≥1 deal

Deals on record

37,923

all-time · all property types

Source: CEA public transaction records, attributed to District 23across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is The Dairy Farm and what's nearby?

Key Takeaway

The Dairy Farm is located in Bukit Panjang, in the West Region of Singapore.

The Dairy Farm is a freehold condominium completed in 1989. It was developed by DAIRY FARM ESTATE PTE LTD. The development has 477 residential units. It sits on a land area of 64,660 sqm and has a gross floor area of 136,633 sqm. The plot ratio is 2.1.

THE DAIRY FARM is located at 5 Dairy Farm Road, Singapore 679035. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, Bukit Panjang. The project falls within the West Region and the OCR market segment.

The nearest rail connection is Hillview MRT, approximately 486m away, around 8 minutes on foot. Nearby amenities include HillV2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Chestnut Dr Pg for greenery and recreation. Facilities in the development include Covered car park, Clubhouse, Fitness corner, Mini-Mart, Playground, and Sauna.

7

Who built The Dairy Farm and how big is the development?

Key Takeaway

The Dairy Farm was developed by DAIRY FARM ESTATE PTE LTD, with 477 units over up to 10 storeys.

Developer
DAIRY FARM ESTATE PTE LTD
Floors
10 storeys
Blocks
18
Land area
64,660 sqm (695,994 sqft)
Gross floor area
136,633 sqm (1,470,704 sqft)
Plot ratio
2.10
8

How far is The Dairy Farm from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Dairy Farm is Hillview MRT, about 486 m away (~8 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij Our Lady Queen Of PeacePrimary schoolwithin 1 km · P1 priority274 m
  • Assumption English SchoolSecondary schoolwithin 1 km435 m
  • Assumption Pathway SchoolSecondary schoolwithin 1 km590 m
  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority847 m
  • Greenridge Secondary SchoolSecondary school1.2 km
  • Zhenghua Primary SchoolPrimary school1.5 km

Shops, food & parks

Mall: HillV2 · 727 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 701 mPark: Chestnut Dr Pg · 210 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What facilities does The Dairy Farm have?

Key Takeaway

The Dairy Farm has 11 facilities, including Covered car park, Clubhouse, Fitness corner, Mini-Mart, and more.

Covered car parkClubhouseFitness cornerMini-MartPlaygroundSauna24 hours securitySquash courtSwimming poolTennis courtsWading pool
10

What does it cost to own a unit at The Dairy Farm?

Key Takeaway

Buying a unit at The Dairy Farm (~S$2.35M) needs about S$17,203/mo in income and S$7,914/mo in repayments, after S$87,100 stamp duty and a S$588k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.35M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$87,100

BSD, tiered

Downpayment (25%)

S$588k

cash + CPF

Monthly instalment

S$7,914/mo

30y @ 3.5%

Income required

S$17,203/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about The Dairy Farm? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Dairy Farm's own transactions.

PropKaki
Is The Dairy Farm a good buy, and what are units selling for?

Recent units at The Dairy Farm sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about The Dairy Farm

How much does a unit at The Dairy Farm cost?

Units at The Dairy Farm have recently transacted around S$2.35M (S$1,656 psf), from 425 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Dairy Farm?

For a unit around S$2.35M as a first home, you'd need roughly S$17,203/mo in income (assessed at the stress-test rate), with repayments near S$7,914/mo after a S$588k (25%) downpayment and S$87,100 Buyer's Stamp Duty.

Is The Dairy Farm a good investment?

Gross rental yield is about 1.4%; median PSF has risen about 84% since 2016. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at The Dairy Farm going up?

The median transacted PSF at The Dairy Farm has risen about 84% between 2016 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Dairy Farm freehold or leasehold?

The Dairy Farm is freehold — ownership does not expire.

When was The Dairy Farm built and who developed it?

The Dairy Farm obtained TOP in 1989, developed by DAIRY FARM ESTATE PTE LTD, with 477 units across 18 blocks.

What is the nearest MRT to The Dairy Farm?

The nearest MRT/LRT station to The Dairy Farm is Hillview MRT, about 486 m away (~8 min walk).

Which primary schools are within 1 km of The Dairy Farm?

Chij Our Lady Queen Of Peace, Bukit Panjang Primary School are within 1 km of The Dairy Farm — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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