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FairComparisons
D23 Bukit Panjang

THE SKYWOODS

DAIRY FARM HEIGHTS · District 23 · 99 yrs lease commencing from 2012

Median Price

S$1.5M

110 transactions

Price Range

S$730K - S$2.3M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$4.98 psf

per month

THE SKYWOODS Price Analysis

THE SKYWOODS is a leasehold development on DAIRY FARM HEIGHTS in District 23 (Bukit Panjang). According to URA transaction records, 110 private residential transactions have been recorded at this development, with a median price of S$1,467,500. Prices range from S$730K for the smallest units to S$2.3M for premium configurations.

The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$750,000. Larger units (3-bed (100-130 sqm)) trade at S$1,730,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at THE SKYWOODS. High-floor units (11-15) command a median of S$1,600,000, while low-floor units (01-05) sell for S$1,425,000. That is a 12% premium for higher floors, worth S$175K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, THE SKYWOODS commands an average of S$4.98 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.5%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

11-15
S$1.6M
39 txns
06-10
S$1.4M
24 txns
01-05
S$1.4M
47 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$750K49 sqm5
1-Bed (50-70 sqm)S$1.0M60 sqm23
2-Bed (70-100 sqm)S$1.5M91 sqm55
3-Bed (100-130 sqm)S$1.7M114 sqm27

Current Listings

3-Bed sale

Angela Ng · PROPNEX REALTY PTE. LTD.

S$1.9M

3-Bed sale

Eric Yeo · PROPNEX REALTY PTE. LTD.

S$2.0M

3-Bed sale

Tina Lee · HUTTONS ASIA PTE LTD

S$1.8M

3-Bed sale

Marcus Lim · HUTTONS ASIA PTE LTD

S$1.8M

3-Bed sale

Andy Lim 林佳俊 · PROPNEX REALTY PTE. LTD.

S$1.6M

FAQ

What is the average price of THE SKYWOODS?

The median transaction price at THE SKYWOODS is S$1,467,500, based on 110 URA-recorded transactions. Prices range from S$730K to S$2.3M.

Does floor level affect prices at THE SKYWOODS?

Yes. High-floor units (11-15) sell for a median of S$1,600,000, while low-floor units (01-05) sell for S$1,425,000. That is a 12% premium for higher floors.

What is the rental rate at THE SKYWOODS?

The average rental rate at THE SKYWOODS is approximately S$4.98 per square foot per month, based on URA median rental data.

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