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FairComparisons
D23 Bukit Panjang

FORESQUE RESIDENCES

PETIR ROAD · District 23 · 99 yrs lease commencing from 2011

Median Price

S$1.5M

112 transactions

Price Range

S$670K - S$2.9M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$4.52 psf

per month

FORESQUE RESIDENCES Price Analysis

FORESQUE RESIDENCES is a leasehold development on PETIR ROAD in District 23 (Bukit Panjang). According to URA transaction records, 112 private residential transactions have been recorded at this development, with a median price of S$1,529,500. Prices range from S$670K for the smallest units to S$2.9M for premium configurations.

The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$718,000. Larger units (5+ bed (170+ sqm)) trade at S$2,330,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at FORESQUE RESIDENCES. High-floor units (01-05) command a median of S$1,755,000, while low-floor units (06-10) sell for S$1,225,000. That is a 43% premium for higher floors, worth S$530K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, FORESQUE RESIDENCES commands an average of S$4.52 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.1%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

01-05
S$1.8M
15 txns
16-20
S$1.6M
20 txns
21-25
S$1.6M
32 txns
11-15
S$1.5M
19 txns
06-10
S$1.2M
26 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$718K43 sqm9
1-Bed (50-70 sqm)S$982K67 sqm30
3-Bed (100-130 sqm)S$1.7M112 sqm56
4-Bed (130-170 sqm)S$2.0M156 sqm5
5+ Bed (170+ sqm)S$2.3M192 sqm12

Current Listings

3-Bed sale

Chen Hong Iris · HUTTONS ASIA PTE LTD

S$2.3M

3-Bed sale

Javiers Sito · ERA REALTY NETWORK PTE LTD

S$2.0M

3-Bed sale

Edmund Ong · HUTTONS ASIA PTE LTD

S$1.9M

FAQ

What is the average price of FORESQUE RESIDENCES?

The median transaction price at FORESQUE RESIDENCES is S$1,529,500, based on 112 URA-recorded transactions. Prices range from S$670K to S$2.9M.

Does floor level affect prices at FORESQUE RESIDENCES?

Yes. High-floor units (01-05) sell for a median of S$1,755,000, while low-floor units (06-10) sell for S$1,225,000. That is a 43% premium for higher floors.

What is the rental rate at FORESQUE RESIDENCES?

The average rental rate at FORESQUE RESIDENCES is approximately S$4.52 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.