Welcome to Dairy Farm Residences
A new mixed-development by United Engineers Limited along Dairy Farm Road
Dairy Farm Residences – Government Land Sale Tender Result
The Urban Redevelopment Authority (URA) has awarded the tenders for the sites at Dairy Farm Road to UED Residential Pte Ltd which has submitted the highest bid in the tender for the Government Land Sale site.
The launch date for the 99-year lease site at Dairy Farm Road was on 31 May 2018. The tender closed on 4 September 2018.
The noticeably subdued bidding turnout at the state tender reflected developers’ sentiment following the latest property cooling measures.
A total of five bids competed for the Dairy Farm Residences plot. This was the first URA tender closings since the property cooling measures kicked in on July 6. United Engineers’ UED Residential submitted the top bid of S$368.8 million, or S$830.4 psf per gross floor area (GFA).
Closely following was the offer from MCC Group’s MCC Land (Singapore) and Greatview Group and Yu Zhisong’s Greatview Investment, for S$364.9 million.
The lowest bid for the Dairy Farm Residences plot was from Wee Hur Development, which placed a S$228.8 million offer.
COHL Singapore and CSC Land Group (Singapore), and Chip Eng Seng Corporation’s CEL Property Development were also in the fray.
Tan Huey Ying, head of research and consultancy for JLL Singapore, said: “The tender results reflect developers’ cautious stance in general, and for private housing sites in particular… given that the additional cooling measures have a greater impact on demand for private homes.”
United Engineers’ group managing director Roy Tan told The Business Times “We put in a reasonable bid for the land plot at Dairy Farm Residences that was not too aggressive.” A sufficient discount to the Hillview Rise site was also considered. He was pleasantly surprised by the outcome.
Hong Leong Group clinched the nearby Hillview Rise site on July 3 for S$460 million, or S$1,067 psf ppr.
Dr Lee Nai Jia, senior director and head of research at Knight Frank, said the price at the Dairy Farm Residences GLS site is “reflective of what has been transacted in that area… rather than future pricing”. He added that the tender results could be a “wake-up call” to collective sale hopefuls such as the nearby Dairy Farm Estate. “Developers are still going in, but the prices are more rationalised now,” he said.
Marketing agent for the Dairy Farm Estate’s collective sale Teakhwa Real Estate, told BT on Tuesday evening that the development’s reserve price will stay at S$1.68 billion.
Managing director Sieow Teak Hwa said the Dairy Farm Estate location is nearer the Hillview MRT station than the Dairy Farm Residences plot. The Dairy Farm Estate is freehold as compared to the 99-year leasehold Dairy Farm Residences.
“The price is reasonable when compared with other available en bloc sites,” he said.
URA said that a decision on the award of the tenders will be made after the bids have been evaluated.
Benefits That Residents of Dairy Farm Residences Will Enjoy Living in Dairy Farm Estate
Dairy Farm Estate might not be the hippest part of Singapore, but it’s no doubt that it has a lot to offer. Anything you can think of, from antique shops and markets to amazing food joints, Dairy Farm Estate has plenty of destinations to suit your needs. There are numerous opportunities for nature, recreation and sports activities in the neighbourhood. The facilities and amenities you get here are conveniently located as expected from a well-established residential area.
Dairy Farm Estate enjoys the advantage of being shaded from the busty city centre but still accessible through the public transport and the major expressways that connect this area too other parts of Singapore. The quietness that residents enjoy here is adorable which makes it one of the livable districts in entire Singapore. Besides, living here brings nature right at your doorstep. The rich greenery and amazing landscape beautify the entire neighbourhood. Dairy Farm Estate has everything you might need to lead a comfortable life with your family.
LET’S LOOK AT THE BENEFITS YOU GET LIVING HERE IN DETAIL:
1. UNPARALLELED CONVENIENCE
Convenience is the key advantage that residents of will enjoy living in Bukit Panjang. Everything you might need staying here is within reach which means you won’t have to cover long distances to fetch your daily necessities. This makes obtaining your basic supplies or doing your grocery much easier. The Rail Mall is less than 15 minutes walk away from Dairy Farm Residences.
Food shops and restaurants are well distributed in this area. Besides, the long list of cafes and ding spots available here offer a variety of food and you will hardly miss your favourite. They enable you to access sumptuous meal easily without travelling far away from home.
For parents, Dairy Farm Estate is still a perfect option, and Dairy Farm Residences will make a great home. There are several reputable schools including international schools which makes this area a great choice for expats with school going children. Some of the closest schools include Bukit Panjang Primary School, CHIJ Our Lady Queen of Peace and more.
Besides, Dairy Farm Estate doesn’t just offer you modern facilities; it is home to native tropical greenery. The parks here are in plenty, which makes Diary Farm Residences a sure win if you love nature. The nature reserves right at the corner offer you plenty of options for outdoor activities. Your holidays and weekends are about to become a lot better living at Dairy Farm Residences.
2. ENHANCED TRANSPORTATION SYSTEM
In terms of connectivity, residents of Dairy Farm Residences get the best living in this part of Singapore. Connectivity is enhanced here to allow residents to commute from one point to another easily. This makes accessing amenities and facilities much easier. Travelling to school, work, restaurants or shopping spots will demand the least time possible. This enables you to save more time considering that traffic here is not quite hectic.
Dairy Farm Residences is situated less than 10 mins walk from Hillview MRT station that sires the Downtown Line. This will allow the future residents of Dairy Farm Residences to access the North-South Line easily. Connectivity around here is made better by the Kranji Expressway (KJE), Bukit Timah Expressway (BKE), and Bukit Timah Road that connects the area to other parts of Singapore.
With an excellent transport system, car owners can travel across the neighbourhood with relative ease. Of course, this doesn’t mean Dairy Farm Estate is no place for people who depend on public transport means. There are plenty of bus services to connect them to various destinations enjoying smooth commutes with bus stops conveniently located.
3. PROXIMITY TO GOOD SCHOOLS
Access to credible education institution should be the least worry to residents of Dairy Farm Residences. The vicinity is packed with some of the best schools in Singapore. Considering that they are conveniently located, parents with school going kids will appreciate living in Bukit Panjang. They can expect less travelling time to and from schools enabling their kids to get plenty of time to do school works at home and other activities.
This district is well served by international schools to suit the educational needs of expats. Both public and private schools are also well represented. Secondary schools and tertiary institutions are available as well. This gives you a number of options to consider when choosing a school for your kids.
Some of the schools right next to Dairy Farm Residences include:
- Bukit Panjang Primary School
- CHIJ Our Lady Queen of Peace
- Chestnut Drive Secondary School
- Assumption Pathway School
- Zhenghua Primary School
- Fajar Secondary School
- German European School Singapore
Besides, there are plenty of pre-schools within the neighbourhood to cater to the educational needs of your young ones. Just a few minutes walk away from Dairy Farm Residences is the St Joseph Church Kindergarten. Another preschool close to Dairy Farm Residences is the Bukit Panjang Methodist Church Kindergarten. You will also find daycare centres within the neighbourhood.
4. DAIRY FARM RESIDENCES – PROXIMITY TO SHOPPING CENTRES
Apart from the unlimited food options, Dairy Farm Estate is also home to various shopping destinations. Residents of Dairy Farm Residences will enjoy the convenience they get due to the closeness of their home to most of these shopping destinations within the neighbourhood. This enables you to fetch all your food supplied and other essential products with just a few minutes commute to these shopping spots.
If you prefer cooking at home, you will be glad to discover what Dairy Farm Estate has to offer. There are various grocery stores in the neighbourhood to cater to your daily needs. FairPrice Finest at Bukit Timah Plaza is just a few minutes away. You will find here a wide range of foodstuff. Besides, FairPrice doesn’t just offer upmarket food supplies and fresh seafood; you will find health and personal care products, Homeware and appliances, baby products, cosmetics & fragrances and more.
Dairy Farm Estate is a shopping heaven that any shopaholic would love. There are various malls around where you can ahead for serious retail therapy. The Rail Mall is just a stone throw away from Dairy Farm Residences. Future residents of Dairy Farm Residences can access this mall easily through Upper Bukit Timah and Dairy Farm Road easily. It is a perfect destination that offers a vibrant mix of lifestyle coupled with incredible F&B outlets, retail shops and dining destinations.
Fajar Shopping Centre, a reputable neighbourhood mall, is also within a few minutes drive from Dairy Farm Residences. This mall occupies 4699 sqm housing several food establishments and shops. You will also find clinics and a supermarket. Another great option for residents looking forward delicious and cheap local delights is the Bukit Timah Market and Food Centre which is just a few metres away.
Overall, future residents of Dairy Farm Residences are spoilt of choices. Whether you prefer day-to-day shopping or buying supplies that will last for long, you will get everything you need right next to your home. With unmatched convenience that residents get living in this part of Singapore, Dairy Farm Estate still remains a favorite destination for various good reasons.
AVAILABILITY OF RESTAURANTS AROUND DAIRY FARM RESIDENCES CONDO
When it comes to cafes, restaurants, bars and other food joints, Dairy Farm Residences doesn’t fall short. You will find plenty of restaurants within reach from Dairy Farm Residences giving you unlimited options to consider. Besides, most of the eating spots serve a variety of meals so that you won’t miss your favorite meal. The reputable cafes available close to your home will satisfy even the needs of caffeine addicts.
A few distances from Dairy Farm Residence sits Kim’s Family Food Korean Restaurant. This restaurant offers you delicious Korean, and the customer service is excellent. If you need some Korean meals, then this is the place to visit. When you visit this restaurant don’t forget to try the famous kimchi, Haemul Pajeon and the Budae Jjigae.
Another restaurant within the vicinity is Choupinette. This cosy café offers you tasty runny eggs cooked with perfection. A popular choice that you might want to try when you visit this place is the eggs benedicts. Although space is limited here, the quality of food is not compromised so you can try out on your early mornings or during the weekends.
Peperoni Pizzeria is yet another incredible eating destination. This joint has been offering mouth-watering Pizzas ever since 2004. The environment here is also adorable which makes it a perfect place for catching up with a friend or two as you enjoy their delicious pizza. And if you can’t reach them, you will be amazed that they also offer delivery services right to your home.
Other restaurants within reach include Mookalicious, and Fosters Steakhouse. The latter has been operational since the 1960s. Food offered here is affordable and delicious to meet the needs of people on a budget. If you are yearning for English-style steaked for a good old Britannia experience, then you can’t afford to miss this place.
6. PROXIMITY TO PARKS
Dairy Farm Residences is definitely a place for you if you love nature. Living here brings you a few meters away from parks and nature reserves such as Bukit Timah Nature Reserve, Bukit Batok Nature Park and Dairy Farm Nature Park. With such proximity, residents of Dairy Farm Residences can greatly benefit from the serenity and lush greenery that comes along with nature parks. Besides, they get to enjoy plenty of options when it comes to places that a visit during their free time with family or friends.
An exceptional feature in Dairy Farm Estate is the world-renowned rain forest which is close to your home at Dairy Farm Residences, Bukit Timah Nature Reserve. The nature reserve features the highest point in Singapore and occupies a total of 164 hectares of natural rain forest that is home to a diversity of wildlife.
Accessing various parts of this reserve is made easy with the well-connected walking trails including the Kampong trail and cycling paths. It is a unique destination to visit as you relax your mind after a busy day at work.
Bukit Panjang is planned with vast facilities that enable both the current and future residents to meet their needs easily. Under the Masterplan, these facilities include parks, community clubs, sports facilities, libraries schools, shops and better housing. The facilities are well distributed across the neighbourhood to deliver unmatched convenience to residents.
The masterplan also focuses on ensuring that residents enjoy an efficient transportation system. Other developments such as commercial nodes and employment centres are also included in the plan which will increase employment opportunities enabling residents to work near their homes.
Let’s look at the benefits that residents will get with the implementation of the masterplan on Bukit Panjang.
1. BETTER AMENITIES @ DAIRY FARM RESIDENCES
Bukit Panjang is increasingly becoming popular thanks to its enhanced transportation and the availability of a wide range of amenities. To match the rapid growth, there are plans to add several amenities to cater for residents in this region.
Some of the upcoming developments include:
- Primary school at Bukit Panjang Ring Road
- Childcare centres in various parts of Bukit Panjang
- A market and hawker centre at Bukit Panjang Road
- The Hillion Mall/ Hillion Residences
2. Enhanced Leisure Fo Dairy Farm Residences
Bukit Panjang Masterplan includes plans to increase the green spaces thereby enhancing leisure for the benefit of its residents. Apart from the famous Bukit Timah Nature Reserve, residents can also enjoy the nearby Dairy Farm Nature Reserve and Zhenghua Park among others that surround the neighbourhood.
Here are some of the future implementations that will enhance the greenery in the community:
• Development of a new park connector along Upper Bukit Timah Road to connect with the existing and upcoming green spaces.
• New neighbourhood parks in Dairy Farm area and Bukit Panjang North
• Zhenghua Park extension
3. Employment Opportunities Around Dairy Farm Residences
With the implementation of the masterplan, residents of Bukit Panjang can take advantage of the job opportunities in the nearby Sungei Kadut Industrial Estate and Mandai Industrial Estate as well as the upcoming International Furniture Park.
4. Enhanced Transportation
Accessing Bukit Panjang is easy through the bus services. The Light Rail Transit with a larger capacity will boost transportation in the area. The enhancement of a bus interchange at Jelebu has improved transportation. The interchange will connect the Bukit Panjang LRT with Bukit Panjang Downtown Line 2 station (DTL2).
The three MRT stations in Bukit Panjang town; Hillview, Cashew, and Bukit Panjang along DTL2 will provide the residents with shorter and comfortable routes linking Bukit Panjang to the rest of Singapore. The enhancement of these roads will boost transportation in Bukit Panjang:
• Improvement at Petir Road/ Dairy Farm junction
• Enhancement to Dairy Farm Road
• Enhancement to Upper Bukit Timah/ Woodlands Road
• Enhancement of Jelebu Road
• Improvements from Clementi Avenue 6 to Adam Road
• Adjustments to Kranji Expressway to Pan Island Expressway corridor