SINGAPORE (EDGEPROP) - The preview of the 460-unit Dairy Farm Residences by Singapore-listed United Engineers Ltd (UEL) drew a crowd of 1,000 over the weekend of Nov 16 and 17.

Dairy Farm Residences marks the first new condo offering in the Dairy Farm area since The Skywoods was launched in 2013. The Skywoods is a 420-unit, 99-year leasehold condo. Developed by a consortium of three listed property players - Hock Lian Seng Holdings, King Wan Corp and TA Corp - it was completed in 2016 and is fully sold to date.

“We are pleased with the turnout and it shows that there is inherent interest in living near nature,” comments Stephanie Chua, UEL’s head of development sales. Dairy Farm Residences is in proximity to Dairy Farm Nature Park and the Bukit Timah Nature Reserve.

The interest came mostly from those who are already residing in the west of Singapore, although some visitors stay in the central area, and some potential buyers came from as far as Pasir Ris, Chua shares.

Apartment layouts offered include two-bedroom units from 624 to 775 sq ft, three-bedroom units from 915 to 1,313 sq ft, and four-bedroom apartments from 1,324 to 1,475 sq ft.

UEL is launching Dairy Farm Residences in a few phases, at an average starting price from $1,500 to $1,700 psf. The two-bedroom units will start from below $1 million.

For price trends, recent transactions, other project info, check out project Dairy Farm Residences research page

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