FOREST WOODS
LORONG LEW LIAN · District 19 · 99 yrs lease commencing from 2016
Median Price
S$1.4M
Price Range
S$830K - S$3.1M
Tenure
Leasehold
Avg Rent
S$5.80 psf
FOREST WOODS Price Analysis
FOREST WOODS is a leasehold development on LORONG LEW LIAN in District 19 (Serangoon/Hougang). According to URA transaction records, 140 private residential transactions have been recorded at this development, with a median price of S$1,433,000. Prices range from S$830K for the smallest units to S$3.1M for premium configurations.
The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$938,000. Larger units (3-bed (100-130 sqm)) trade at S$2,505,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at FOREST WOODS. High-floor units (06-10) command a median of S$1,548,888, while low-floor units (11-15) sell for S$1,330,000. That is a 16% premium for higher floors, worth S$219K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, FOREST WOODS commands an average of S$5.80 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.2%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$938K | 48 sqm | 25 |
| 1-Bed (50-70 sqm) | S$1.3M | 63 sqm | 45 |
| 2-Bed (70-100 sqm) | S$1.8M | 86 sqm | 54 |
| 3-Bed (100-130 sqm) | S$2.5M | 114 sqm | 16 |
FAQ
What is the average price of FOREST WOODS?
The median transaction price at FOREST WOODS is S$1,433,000, based on 140 URA-recorded transactions. Prices range from S$830K to S$3.1M.
Does floor level affect prices at FOREST WOODS?
Yes. High-floor units (06-10) sell for a median of S$1,548,888, while low-floor units (11-15) sell for S$1,330,000. That is a 16% premium for higher floors.
What is the rental rate at FOREST WOODS?
The average rental rate at FOREST WOODS is approximately S$5.80 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.