District 23
There are 76 condos in District 23 of which, 16 were freehold projects. In the last 36 months, a total of 5103 private property transactions were completed. District 23 in Singapore, known for its diverse neighborhoods and promising real estate market, offers a mix of residential properties and investment potential.
The district, comprising areas like Hillview, Dairy Farm, and Bukit Panjang, presents a unique blend of urban convenience and natural tranquility. Some notable amenities include shopping malls like Hillion Mall and Bukit Panjang Plaza, access to nature reserves like Bukit Timah Hill, Guilin, Dairy Farm Nature Park and more.
Browsing by districts is very useful for understanding price trends but can sometimes be disorientating as some condos maybe in different districts despite being a street apart. This is often because of the way the districts are subdivided in the past. If you're having trouble orientating, you might want to browse by MRT stations instead.
Condos and ECs in District 23
Further analysis
Nestled at the western edge of Singapore, District 23 paints a contrasting picture. On one hand, it offers tranquil pockets of nature and established estates in Bukit Panjang. On the other, it holds the promise of exciting transformations in Dairy Farm, making it a unique choice in the property market.
Bukit Panjang is a mature estate boasts a mix of affordable apartments and landed properties, attracting families and budget-conscious buyers. Established amenities and good connectivity ensure convenience. Average condo prices hover around S$1,100psf. While less developed, Dairy Farm offers a serene environment with stunning greenery and proximity to the Bukit Timah Nature Reserve. Limited properties, mostly landed houses, cater to those seeking exclusivity and a connection to nature. Prices are significantly higher, averaging S$2,400psf.
Investment potentials
- Stable Returns: Bukit Panjang offers consistent rental yields due to its established population and affordability. Redevelopment plans for nearby areas could unlock further potential in the long run.
- Long-Term Growth: Dairy Farm's limited properties and proximity to future developments like the Jurong Lake District suggest significant value appreciation potential. However, the timeframe might be longer due to the area's current stage of development.
- Tailored Approach: Each section presents distinct opportunities. Bukit Panjang is ideal for stable returns and affordability, while Dairy Farm caters to investors seeking exclusivity and long-term growth potential.
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